Alaska Permanent Fund Corp Invests $4.67 Million in Cboe Global Markets, Inc. (BATS:CBOE)

Alaska Permanent Fund Corp purchased a new stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 26,136 shares of the company’s stock, valued at approximately $4,667,000.

Several other large investors have also made changes to their positions in the company. NBC Securities Inc. acquired a new stake in shares of Cboe Global Markets during the third quarter worth about $29,000. Farmers & Merchants Trust Co of Chambersburg PA bought a new position in shares of Cboe Global Markets during the fourth quarter worth about $30,000. Allworth Financial LP grew its holdings in shares of Cboe Global Markets by 75.3% during the fourth quarter. Allworth Financial LP now owns 170 shares of the company’s stock worth $30,000 after buying an additional 73 shares in the last quarter. ORG Partners LLC bought a new position in shares of Cboe Global Markets during the fourth quarter worth about $31,000. Finally, BKM Wealth Management LLC acquired a new stake in shares of Cboe Global Markets in the fourth quarter valued at approximately $33,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Cboe Global Markets Stock Performance

BATS CBOE traded up $0.57 on Thursday, hitting $179.39. 579,250 shares of the stock traded hands, compared to its average volume of 636,231. The business’s fifty day moving average is $184.01 and its two-hundred day moving average is $178.78. Cboe Global Markets, Inc. has a 12 month low of $103.82 and a 12 month high of $139.00. The firm has a market capitalization of $19.03 billion, a price-to-earnings ratio of 92.62 and a beta of 0.61. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21.

Cboe Global Markets (BATS:CBOE) last posted its earnings results on Friday, February 2nd. The company reported $2.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.02. The firm had revenue of $499.00 million for the quarter, compared to the consensus estimate of $510.65 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The business’s quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.80 earnings per share. As a group, equities analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were given a $0.55 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.23%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on CBOE shares. Morgan Stanley reaffirmed an “equal weight” rating and issued a $199.00 price objective (down from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Barclays lifted their price target on Cboe Global Markets from $200.00 to $211.00 and gave the stock an “overweight” rating in a report on Monday, April 8th. Citigroup lifted their price objective on Cboe Global Markets from $170.00 to $188.00 and gave the company a “neutral” rating in a report on Friday, January 12th. Rosenblatt Securities upped their price target on Cboe Global Markets from $192.00 to $200.00 and gave the company a “buy” rating in a research report on Monday, February 5th. Finally, Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $197.00 price target on shares of Cboe Global Markets in a research report on Thursday, April 4th. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $190.18.

Insider Buying and Selling at Cboe Global Markets

In related news, EVP Dave Howson sold 5,322 shares of the business’s stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $186.96, for a total transaction of $995,001.12. Following the transaction, the executive vice president now owns 17,573 shares in the company, valued at approximately $3,285,448.08. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company 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.