Wilmington Savings Fund Society FSB Has $11.47 Million Stock Position in Cboe Global Markets, Inc. $CBOE

Wilmington Savings Fund Society FSB lessened its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 4.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 46,762 shares of the company’s stock after selling 2,142 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Cboe Global Markets were worth $11,468,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. Sagespring Wealth Partners LLC raised its stake in shares of Cboe Global Markets by 4.1% during the 3rd quarter. Sagespring Wealth Partners LLC now owns 1,060 shares of the company’s stock worth $260,000 after purchasing an additional 42 shares in the last quarter. Norinchukin Bank The increased its holdings in Cboe Global Markets by 0.7% during the third quarter. Norinchukin Bank The now owns 5,884 shares of the company’s stock worth $1,443,000 after buying an additional 42 shares during the last quarter. Aprio Wealth Management LLC increased its holdings in Cboe Global Markets by 3.1% during the third quarter. Aprio Wealth Management LLC now owns 1,432 shares of the company’s stock worth $351,000 after buying an additional 43 shares during the last quarter. IHT Wealth Management LLC raised its position in Cboe Global Markets by 4.5% during the second quarter. IHT Wealth Management LLC now owns 1,021 shares of the company’s stock worth $238,000 after acquiring an additional 44 shares in the last quarter. Finally, Dorsey & Whitney Trust CO LLC raised its position in Cboe Global Markets by 3.2% during the second quarter. Dorsey & Whitney Trust CO LLC now owns 1,498 shares of the company’s stock worth $349,000 after acquiring an additional 46 shares in the last quarter. 81.73% of the stock is currently owned by institutional investors.

Cboe Global Markets Price Performance

BATS:CBOE opened at $292.89 on Wednesday. The company has a market cap of $31.06 billion, a P/E ratio of 150.98 and a beta of 0.61. The firm’s fifty day moving average price is $279.37 and its two-hundred day moving average price is $257.83. Cboe Global Markets, Inc. has a one year low of $200.88 and a one year high of $305.68. 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 posted its earnings results on Friday, February 6th. The company reported $3.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.93 by $0.13. The company had revenue of $671.10 million during the quarter, compared to analysts’ expectations of $659.59 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. Equities analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were given a dividend of $0.72 per share. The ex-dividend date was Friday, February 27th. This represents a $2.88 annualized dividend and a yield of 1.0%. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on CBOE. TD Cowen reissued a “hold” rating on shares of Cboe Global Markets in a research report on Wednesday, January 14th. Barclays upped their target price on shares of Cboe Global Markets from $295.00 to $317.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Loop Capital set a $317.00 price target on Cboe Global Markets in a report on Monday, February 9th. Morgan Stanley boosted their price target on Cboe Global Markets from $221.00 to $240.00 and gave the stock an “underweight” rating in a research report on Monday, December 22nd. Finally, Piper Sandler raised their price objective on Cboe Global Markets from $290.00 to $295.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Cboe Global Markets currently has an average rating of “Hold” and an average price target of $279.00.

Insider Transactions at Cboe Global Markets

In other news, Director Alexander Matturri, Jr. sold 1,500 shares of the stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $285.36, for a total transaction of $428,040.00. Following the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Allen Wilkinson sold 248 shares of Cboe Global Markets 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 sale, the chief accounting officer directly owned 410 shares of the company’s stock, valued at approximately $120,043.90. The trade was a 37.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 5,695 shares of company stock worth $1,628,981 over the last quarter. Company insiders own 0.51% of the company’s stock.

About Cboe Global Markets

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.