Cboe Global Markets, Inc. $CBOE Position Lessened by Martingale Asset Management L P

Martingale Asset Management L P trimmed its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 25.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,696 shares of the company’s stock after selling 22,243 shares during the period. Martingale Asset Management L P owned 0.06% of Cboe Global Markets worth $16,357,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Headlands Technologies LLC acquired a new stake in shares of Cboe Global Markets in the 2nd quarter valued at approximately $31,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Cboe Global Markets in the 2nd quarter worth approximately $33,000. Physician Wealth Advisors Inc. increased its position in Cboe Global Markets by 70.5% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock worth $33,000 after purchasing an additional 55 shares during the period. Ameriflex Group Inc. boosted its stake in Cboe Global Markets by 97.4% during 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 in the last quarter. Finally, Dakota Community Bank & Trust NA bought a new stake in shares of Cboe Global Markets in the third quarter worth $42,000. 81.73% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, Director Alexander Matturri, Jr. sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $285.36, for a total value of $428,040.00. Following the completion of the sale, the director owned 4,761 shares in the company, valued at approximately $1,358,598.96. This trade represents a 23.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Allen Wilkinson sold 248 shares of the stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $292.79, for a total value of $72,611.92. Following the completion of the sale, the chief accounting officer owned 410 shares of the company’s stock, valued at approximately $120,043.90. This trade represents a 37.69% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 5,695 shares of company stock worth $1,628,981. Corporate insiders own 0.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Morgan Stanley raised their price target on shares of Cboe Global Markets from $221.00 to $240.00 and gave the company an “underweight” rating in a research note on Monday, December 22nd. Zacks Research upgraded shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 30th. Argus raised shares of Cboe Global Markets to a “hold” rating in a research report on Wednesday. UBS Group reiterated a “neutral” rating and issued a $290.00 target price on shares of Cboe Global Markets in a research report on Monday, February 9th. Finally, TD Cowen restated a “hold” rating on shares of Cboe Global Markets in a research note on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Cboe Global Markets currently has an average rating of “Hold” and an average target price of $279.00.

Cboe Global Markets Stock Up 2.2%

BATS:CBOE opened at $290.25 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. The firm has a 50-day simple moving average of $276.87 and a two-hundred day simple moving average of $256.52. Cboe Global Markets, Inc. has a fifty-two week low of $200.88 and a fifty-two week high of $305.68. The firm has a market cap of $30.78 billion, a P/E ratio of 149.61 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings data on Friday, February 6th. The company reported $3.06 EPS for the quarter, topping analysts’ consensus estimates of $2.93 by $0.13. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The firm had revenue of $671.10 million during the quarter, compared to analyst estimates of $659.59 million. Analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be paid a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Friday, February 27th. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

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.