Oddo BHF Asset Management Sas lifted its position in Cboe Global Markets, Inc. (BATS:CBOE – Free Report) by 31.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 17,240 shares of the company’s stock after acquiring an additional 4,125 shares during the period. Oddo BHF Asset Management Sas’ holdings in Cboe Global Markets were worth $4,327,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in CBOE. Norges Bank bought a new position in shares of Cboe Global Markets in the 4th quarter worth approximately $354,578,000. First Trust Advisors LP raised its position in shares of Cboe Global Markets by 215.2% in the 3rd quarter. First Trust Advisors LP now owns 1,451,743 shares of the company’s stock worth $356,040,000 after acquiring an additional 991,209 shares in the last quarter. Balyasny Asset Management L.P. raised its position in shares of Cboe Global Markets by 1,340.0% in the 3rd quarter. Balyasny Asset Management L.P. now owns 749,658 shares of the company’s stock worth $183,854,000 after acquiring an additional 697,600 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Cboe Global Markets by 2,425.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 661,391 shares of the company’s stock worth $166,009,000 after acquiring an additional 635,199 shares in the last quarter. Finally, Marshall Wace LLP bought a new position in shares of Cboe Global Markets in the 3rd quarter worth approximately $107,052,000. Institutional investors own 81.73% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on CBOE shares. Zacks Research raised Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Cboe Global Markets in a research note on Monday, May 4th. Argus raised shares of Cboe Global Markets to a “hold” rating in a research note on Wednesday, March 11th. Loop Capital set a $382.00 price objective on shares of Cboe Global Markets in a research note on Monday, May 4th. Finally, Piper Sandler boosted their price objective on shares of Cboe Global Markets from $295.00 to $321.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $322.60.
Insider Buying and Selling at Cboe Global Markets
In other news, Director Janet P. Froetscher sold 1,223 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $358.09, for a total transaction of $437,944.07. Following the completion of the transaction, the director directly owned 13,807 shares in the company, valued at $4,944,148.63. This trade represents a 8.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by insiders.
Cboe Global Markets Price Performance
Shares of BATS:CBOE opened at $265.24 on Wednesday. Cboe Global Markets, Inc. has a 1-year low of $223.54 and a 1-year high of $371.18. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The business has a fifty day moving average price of $317.34 and a 200-day moving average price of $287.58. The company has a market capitalization of $28.13 billion, a PE ratio of 136.72 and a beta of 0.61.
Cboe Global Markets (BATS:CBOE – Get Free Report) last issued its quarterly earnings results on Friday, May 1st. The company reported $3.70 earnings per share for the quarter, beating the consensus estimate of $3.37 by $0.33. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The firm had revenue of $728.90 million during the quarter, compared to the consensus estimate of $688.36 million. During the same period last year, the company earned $2.50 earnings per share. The company’s revenue was up 29.0% on a year-over-year basis. As a group, equities analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.
Cboe Global Markets Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were issued a dividend of $0.72 per share. The ex-dividend date was Friday, May 29th. This represents a $2.88 annualized dividend and a dividend yield of 1.1%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 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.
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