PensionDanmark Pensionsforsikringsaktieselskab Purchases 8,450 Shares of Cboe Global Markets, Inc. $CBOE

PensionDanmark Pensionsforsikringsaktieselskab boosted its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 113.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,930 shares of the company’s stock after purchasing an additional 8,450 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Cboe Global Markets were worth $3,866,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Assenagon Asset Management S.A. grew its position in shares of Cboe Global Markets by 33.1% during the 2nd quarter. Assenagon Asset Management S.A. now owns 4,995 shares of the company’s stock worth $1,212,000 after buying an additional 1,242 shares in the last quarter. Dynamic Advisor Solutions LLC raised its holdings in shares of Cboe Global Markets by 6.6% in the second quarter. Dynamic Advisor Solutions LLC now owns 4,745 shares of the company’s stock valued at $1,151,000 after acquiring an additional 294 shares in the last quarter. Parallel Advisors LLC raised its holdings in shares of Cboe Global Markets by 11.7% in the first quarter. Parallel Advisors LLC now owns 2,757 shares of the company’s stock valued at $775,000 after acquiring an additional 288 shares in the last quarter. Segall Bryant & Hamill LLC purchased a new stake in Cboe Global Markets in the first quarter worth about $5,295,000. Finally, BankChampaign National Association purchased a new stake in Cboe Global Markets in the first quarter worth about $398,000. 81.73% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on CBOE shares. JPMorgan Chase & Co. raised their target price on shares of Cboe Global Markets from $277.00 to $288.00 and gave the company an “underweight” rating in a research report on Tuesday, July 28th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Cboe Global Markets in a research note on Monday, August 3rd. Piper Sandler reduced their price objective on shares of 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. Keefe, Bruyette & Woods upped their target price on Cboe Global Markets from $300.00 to $335.00 and gave the stock a “market perform” rating in a report on Monday, May 4th. Finally, Loop Capital set a $380.00 target price on Cboe Global Markets in a research report on Monday, August 3rd. Three equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $315.30.

Insider Activity 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 value of $437,944.07. Following the completion of the sale, the director owned 13,807 shares of the company’s stock, valued at $4,944,148.63. This trade represents a 8.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.51% of the company’s stock.

Cboe Global Markets Stock Performance

CBOE stock opened at $286.58 on Monday. Cboe Global Markets, Inc. has a one year low of $227.15 and a one year high of $371.18. The firm has a market cap of $30.40 billion, a price-to-earnings ratio of 147.72 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 firm has a 50-day simple moving average of $274.21 and a two-hundred day simple moving average of $291.36.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings data on Friday, July 31st. The company reported $3.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.49 by $0.07. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The firm had revenue of $731.60 million for the quarter, compared to the consensus estimate of $716.61 million. During the same quarter in the previous year, the firm earned $2.46 EPS. The company’s quarterly revenue was up 24.6% compared to the same quarter last year. On average, equities analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were given a dividend of $0.72 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.0%. Cboe Global Markets’s dividend payout ratio 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.