OMERS ADMINISTRATION Corp Purchases 2,207 Shares of Cboe Global Markets, Inc. $CBOE

OMERS ADMINISTRATION Corp grew its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 18.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 14,114 shares of the company’s stock after purchasing an additional 2,207 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Cboe Global Markets were worth $3,963,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in CBOE. Vanguard Group Inc. grew its stake in shares of Cboe Global Markets by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 12,955,689 shares of the company’s stock worth $3,251,878,000 after buying an additional 120,021 shares during the last quarter. State Street Corp increased its stake in shares of Cboe Global Markets by 2.1% in the third quarter. State Street Corp now owns 4,996,816 shares of the company’s stock valued at $1,225,469,000 after buying an additional 101,349 shares during the period. Geode Capital Management LLC raised its holdings in Cboe Global Markets by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 2,987,134 shares of the company’s stock worth $750,940,000 after purchasing an additional 65,108 shares during the last quarter. Morgan Stanley raised its stake in Cboe Global Markets by 6.1% during the fourth quarter. Morgan Stanley now owns 2,691,162 shares of the company’s stock worth $675,482,000 after buying an additional 155,333 shares during the last quarter. Finally, Invesco Ltd. raised its position in shares of Cboe Global Markets by 5.8% in the 4th quarter. Invesco Ltd. now owns 1,931,272 shares of the company’s stock worth $484,749,000 after acquiring an additional 105,168 shares in the last quarter. 81.73% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Janet P. Froetscher sold 1,223 shares of the business’s stock in a transaction dated 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 owned 13,807 shares of the company’s stock, valued at approximately $4,944,148.63. The trade was a 8.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.51% of the company’s stock.

Analyst Ratings Changes

CBOE has been the topic of several research analyst reports. UBS Group increased their target price on shares of Cboe Global Markets from $305.00 to $335.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Morgan Stanley reaffirmed an “underweight” rating and set a $258.00 target price on shares of Cboe Global Markets in a research report on Friday, July 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a research report on Monday, May 4th. Piper Sandler reduced their price objective on Cboe Global Markets from $355.00 to $320.00 and set an “overweight” rating for the company in a research note on Wednesday, July 15th. Finally, Keefe, Bruyette & Woods raised their price target on shares of Cboe Global Markets from $300.00 to $335.00 and gave the stock a “market perform” rating in a research note on Monday, May 4th. Four research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Cboe Global Markets presently has a consensus rating of “Hold” and a consensus target price of $303.60.

Cboe Global Markets Stock Performance

Shares of CBOE opened at $288.87 on Tuesday. Cboe Global Markets, Inc. has a 52-week low of $227.15 and a 52-week high of $371.18. The stock has a market capitalization of $30.64 billion, a price-to-earnings ratio of 148.90 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. The stock’s 50-day simple moving average is $284.45 and its 200 day simple moving average is $289.50.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings data on Friday, May 1st. The company reported $3.70 EPS for the quarter, beating the consensus estimate 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 company had revenue of $728.90 million during the quarter, compared to analysts’ expectations of $688.36 million. During the same quarter in the previous year, the company earned $2.50 earnings per share. Cboe Global Markets’s revenue for the quarter was up 29.0% on a year-over-year basis. Research analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were issued a $0.72 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $2.88 annualized dividend and a dividend yield of 1.0%. 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.