Cboe Global Markets, Inc. $CBOE Shares Bought by Hsbc Holdings PLC

Hsbc Holdings PLC lifted its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 1.7% during the fourth quarter, Holdings Channel reports. The fund owned 288,580 shares of the company’s stock after purchasing an additional 4,744 shares during the quarter. Hsbc Holdings PLC’s holdings in Cboe Global Markets were worth $72,700,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of CBOE. Sound Income Strategies LLC boosted its stake in shares of Cboe Global Markets by 102.2% during the 4th 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. University of Texas Texas AM Investment Management Co. bought a new stake in shares of Cboe Global Markets in the fourth quarter worth $26,000. Headlands Technologies LLC bought a new stake in shares of Cboe Global Markets in the second quarter worth $31,000. Elyxium Wealth LLC acquired a new stake in Cboe Global Markets in the fourth quarter valued at $33,000. Finally, DV Equities LLC acquired a new stake in Cboe Global Markets in the fourth quarter valued at $37,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Cboe Global Markets Price Performance

BATS CBOE opened at $248.99 on Friday. Cboe Global Markets, Inc. has a 12 month low of $227.15 and a 12 month high of $371.18. The firm has a market capitalization of $26.41 billion, a PE ratio of 128.35 and a beta of 0.61. The company’s 50 day simple moving average is $303.88 and its 200 day simple moving average is $286.80. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings data on Friday, May 1st. The company reported $3.70 earnings per share for the quarter, beating 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 business had revenue of $728.90 million during the quarter, compared to analyst estimates of $688.36 million. During the same quarter in the prior year, the firm posted $2.50 earnings per share. The company’s revenue was up 29.0% on a year-over-year basis. As a group, equities research analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were given a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Friday, May 29th. Cboe Global Markets’s dividend payout ratio is 98.97%.

Insider Activity at Cboe Global Markets

In related news, Director Janet P. Froetscher sold 1,223 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $358.09, for a total value of $437,944.07. Following the completion of the transaction, the director owned 13,807 shares in the company, valued at $4,944,148.63. This trade represents a 8.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Barclays increased their price objective on shares of Cboe Global Markets from $351.00 to $382.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Erste Group Bank lowered shares of Cboe Global Markets from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. TD Cowen increased their target price on Cboe Global Markets from $293.00 to $365.00 and gave the stock a “hold” rating in a report on Monday, May 4th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Cboe Global Markets in a research report on Monday, May 4th. Finally, Morgan Stanley boosted their price objective on Cboe Global Markets from $246.00 to $273.00 and gave the company an “underweight” rating in a research report on Friday, April 10th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Cboe Global Markets has a consensus rating of “Hold” and an average target price of $310.70.

Cboe Global Markets 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.