74,070 Shares in Cboe Global Markets, Inc. $CBOE Purchased by Harmony Asset Management LLC

Harmony Asset Management LLC acquired a new position in Cboe Global Markets, Inc. (BATS:CBOE) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 74,070 shares of the company’s stock, valued at approximately $20,819,000. Cboe Global Markets makes up approximately 6.4% of Harmony Asset Management LLC’s investment portfolio, making the stock its biggest position. Harmony Asset Management LLC owned 0.07% of Cboe Global Markets at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of CBOE. Sound Income Strategies LLC grew its position in Cboe Global Markets by 102.2% during the fourth quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock worth $25,000 after buying an additional 46 shares in the last quarter. University of Texas Texas AM Investment Management Co. acquired a new position in Cboe Global Markets in the 4th quarter valued at $26,000. Headlands Technologies LLC acquired a new position in Cboe Global Markets in the 2nd quarter valued at $31,000. NFSG Corp bought a new stake in shares of Cboe Global Markets during the 1st quarter valued at $31,000. Finally, Elyxium Wealth LLC bought a new stake in shares of Cboe Global Markets during the 4th quarter valued at $33,000. Institutional investors own 81.73% of the company’s stock.

Insider Activity

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 shares were sold at an average price of $358.09, for a total transaction of $437,944.07. Following the sale, the director directly owned 13,807 shares of the company’s stock, valued at approximately $4,944,148.63. The trade was a 8.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.51% of the company’s stock.

Cboe Global Markets Price Performance

Shares of CBOE stock opened at $277.11 on Thursday. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. Cboe Global Markets, Inc. has a twelve month low of $227.15 and a twelve month high of $371.18. The company has a market cap of $29.39 billion, a P/E ratio of 142.84 and a beta of 0.61. The business has a fifty day simple moving average of $296.52 and a 200 day simple moving average of $287.91.

Cboe Global Markets (BATS:CBOE) last released its earnings results on Friday, May 1st. The company reported $3.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.37 by $0.33. The firm had revenue of $728.90 million for the quarter, compared to analysts’ expectations of $688.36 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The business’s revenue for the quarter was up 29.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.50 earnings per share. On average, sell-side analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were paid a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Friday, May 29th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on CBOE. Erste Group Bank cut Cboe Global Markets from a “buy” rating to a “hold” rating in a research report on Friday, June 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a research report on Monday, May 4th. TD Cowen increased their price objective on shares of Cboe Global Markets from $293.00 to $365.00 and gave the stock a “hold” rating in a research note on Monday, May 4th. UBS Group raised their target price on shares of Cboe Global Markets from $305.00 to $335.00 and gave the company a “neutral” rating in a report on Monday, May 4th. Finally, Loop Capital set a $347.00 target price on shares of Cboe Global Markets in a research report on Thursday, July 9th. Four equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $314.00.

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.