Cboe Global Markets, Inc. $CBOE Shares Acquired by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. boosted its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 147.3% in the 4th quarter, Holdings Channel reports. The firm owned 21,256 shares of the company’s stock after buying an additional 12,660 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in Cboe Global Markets were worth $5,334,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Kendall Capital Management lifted its stake in Cboe Global Markets by 0.5% during the fourth quarter. Kendall Capital Management now owns 8,862 shares of the company’s stock valued at $2,224,000 after purchasing an additional 40 shares during the last quarter. Sagespring Wealth Partners LLC raised its holdings in shares of Cboe Global Markets by 4.1% during the third quarter. Sagespring Wealth Partners LLC now owns 1,060 shares of the company’s stock valued at $260,000 after acquiring an additional 42 shares during the period. Norinchukin Bank The raised its holdings in shares of Cboe Global Markets by 0.7% during the third quarter. Norinchukin Bank The now owns 5,884 shares of the company’s stock valued at $1,443,000 after acquiring an additional 42 shares during the period. Aprio Wealth Management LLC raised its holdings in shares of Cboe Global Markets by 3.1% during the third quarter. Aprio Wealth Management LLC now owns 1,432 shares of the company’s stock valued at $351,000 after acquiring an additional 43 shares during the period. Finally, IHT Wealth Management LLC raised its holdings in shares of Cboe Global Markets by 4.5% during the second quarter. IHT Wealth Management LLC now owns 1,021 shares of the company’s stock valued at $238,000 after acquiring an additional 44 shares during the period. 81.73% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Barclays boosted their price target on shares of Cboe Global Markets from $351.00 to $382.00 and gave the company an “overweight” rating in a report on Monday. Keefe, Bruyette & Woods boosted their price target on shares of Cboe Global Markets from $300.00 to $335.00 and gave the company a “market perform” rating in a report on Monday. Zacks Research upgraded shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. Piper Sandler boosted their price target on shares of Cboe Global Markets from $295.00 to $321.00 and gave the company an “overweight” rating in a report on Wednesday, April 15th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a $303.00 price target on shares of Cboe Global Markets in a report on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Cboe Global Markets presently has an average rating of “Hold” and a consensus price target of $322.60.

Insiders Place Their Bets

In other Cboe Global Markets news, Director Edward J. Fitzpatrick sold 3,947 shares of Cboe Global Markets stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $285.87, for a total transaction of $1,128,328.89. Following the completion of the transaction, the director directly owned 12,921 shares of the company’s stock, valued at approximately $3,693,726.27. This trade represents a 23.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Allen Wilkinson sold 248 shares of Cboe Global Markets stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $292.79, for a total value of $72,611.92. Following the transaction, 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 SEC filing for this sale provides additional information. Insiders have sold 5,695 shares of company stock worth $1,628,981 over the last 90 days. Corporate insiders own 0.51% of the company’s stock.

Cboe Global Markets Trading Up 1.5%

BATS:CBOE opened at $343.98 on Wednesday. Cboe Global Markets, Inc. has a 12 month low of $212.75 and a 12 month high of $346.48. The firm has a market cap of $36.48 billion, a price-to-earnings ratio of 177.31 and a beta of 0.61. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. The company’s 50 day moving average is $294.50 and its 200-day moving average is $270.94.

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

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were paid a dividend of $0.72 per share. The ex-dividend date was Friday, February 27th. This represents a $2.88 dividend on an annualized basis and a yield of 0.8%. Cboe Global Markets’s 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.