Andra AP fonden Sells 38,100 Shares of Cboe Global Markets, Inc. $CBOE

Andra AP fonden decreased its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 30.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 86,100 shares of the company’s stock after selling 38,100 shares during the quarter. Andra AP fonden owned approximately 0.08% of Cboe Global Markets worth $21,611,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sound Income Strategies LLC raised its stake in Cboe Global Markets by 102.2% in the fourth quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $25,000 after buying an additional 46 shares during the last quarter. Elyxium Wealth LLC purchased a new stake in Cboe Global Markets in the fourth quarter valued at about $33,000. Headlands Technologies LLC purchased a new stake in Cboe Global Markets in the second quarter valued at about $31,000. Ameriflex Group Inc. raised its stake in Cboe Global Markets by 97.4% in the third quarter. Ameriflex Group Inc. now owns 154 shares of the company’s stock valued at $38,000 after buying an additional 76 shares during the last quarter. Finally, MCF Advisors LLC raised its stake in Cboe Global Markets by 71.4% in the fourth quarter. MCF Advisors LLC now owns 180 shares of the company’s stock valued at $45,000 after buying an additional 75 shares during the last quarter. Institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Trading Down 1.7%

Shares of BATS:CBOE opened at $295.90 on Friday. Cboe Global Markets, Inc. has a 52-week low of $222.89 and a 52-week high of $371.18. The stock has a market cap of $31.38 billion, a price-to-earnings ratio of 152.53 and a beta of 0.61. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. The business has a 50-day moving average price of $317.48 and a 200-day moving average price of $287.00.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings data on Friday, May 1st. The company reported $3.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.37 by $0.33. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The firm had revenue of $728.90 million during the quarter, compared to analysts’ expectations of $688.36 million. During the same period last year, the business posted $2.50 earnings per share. The company’s revenue for the quarter was up 29.0% compared to the same quarter last year. Equities analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be given a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 1.0%. The ex-dividend date is Friday, May 29th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.97%.

Analysts Set New Price Targets

A number of equities research analysts have commented on CBOE shares. Morgan Stanley increased their price target on Cboe Global Markets from $246.00 to $273.00 and gave the company an “underweight” rating in a research note on Friday, April 10th. Loop Capital set a $382.00 price target on Cboe Global Markets in a research note on Monday, May 4th. Keefe, Bruyette & Woods raised their price objective on Cboe Global Markets from $300.00 to $335.00 and gave the stock a “market perform” rating in a research note on Monday, May 4th. Argus upgraded Cboe Global Markets to a “hold” rating in a research note on Wednesday, March 11th. Finally, UBS Group raised their price objective on Cboe Global Markets from $305.00 to $335.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $322.60.

Insiders Place Their Bets

In related news, Director Janet P. Froetscher sold 1,223 shares of Cboe Global Markets stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $358.09, for a total transaction of $437,944.07. Following the completion of the transaction, the director directly owned 13,807 shares in the company, valued at approximately $4,944,148.63. This trade represents a 8.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.51% of the company’s stock.

Cboe Global Markets Company Profile

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.