Holocene Advisors LP Increases Position in Cboe Global Markets, Inc. $CBOE

Holocene Advisors LP lifted its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 42.5% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 212,768 shares of the company’s stock after buying an additional 63,475 shares during the quarter. Holocene Advisors LP owned approximately 0.20% of Cboe Global Markets worth $52,181,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in Cboe Global Markets by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 12,833,038 shares of the company’s stock worth $2,992,793,000 after buying an additional 195,086 shares in the last quarter. Alliancebernstein L.P. lifted its position in shares of Cboe Global Markets by 4.1% in the second quarter. Alliancebernstein L.P. now owns 9,854,571 shares of the company’s stock valued at $2,298,185,000 after acquiring an additional 390,034 shares in the last quarter. State Street Corp boosted its stake in shares of Cboe Global Markets by 1.7% in the second quarter. State Street Corp now owns 4,895,467 shares of the company’s stock worth $1,141,672,000 after acquiring an additional 81,432 shares during the period. Invesco Ltd. boosted its stake in shares of Cboe Global Markets by 5.7% in the third quarter. Invesco Ltd. now owns 1,826,104 shares of the company’s stock worth $447,852,000 after acquiring an additional 98,089 shares during the period. Finally, First Trust Advisors LP grew its position in shares of Cboe Global Markets by 215.2% during the third quarter. First Trust Advisors LP now owns 1,451,743 shares of the company’s stock worth $356,040,000 after purchasing an additional 991,209 shares in the last quarter. Institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Stock Performance

BATS:CBOE opened at $291.78 on Tuesday. 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, Inc. has a 1 year low of $200.88 and a 1 year high of $305.68. The stock’s 50 day simple moving average is $278.50 and its two-hundred day simple moving average is $257.43. The company has a market cap of $30.95 billion, a price-to-earnings ratio of 150.40 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings data on Friday, February 6th. The company reported $3.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.93 by $0.13. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The business had revenue of $671.10 million for the quarter, compared to analysts’ expectations of $659.59 million. As a group, equities analysts anticipate that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were paid a dividend of $0.72 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $2.88 dividend on an annualized basis and a yield of 1.0%. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Insider Buying and Selling at Cboe Global Markets

In other news, Director Alexander Matturri, Jr. sold 1,500 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $285.36, for a total value of $428,040.00. Following the sale, the director directly owned 4,761 shares in the company, valued at $1,358,598.96. The trade was a 23.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Edward J. Fitzpatrick sold 3,947 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $285.87, for a total transaction of $1,128,328.89. Following the sale, the director owned 12,921 shares in the company, valued at $3,693,726.27. This represents a 23.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 5,695 shares of company stock worth $1,628,981 over the last 90 days. 0.51% of the stock is owned by insiders.

Wall Street Analyst Weigh In

CBOE has been the topic of several recent analyst reports. UBS Group reissued a “neutral” rating and set a $290.00 target price on shares of Cboe Global Markets in a research note on Monday, February 9th. Morgan Stanley upped their price target on Cboe Global Markets from $221.00 to $240.00 and gave the stock an “underweight” rating in a research note on Monday, December 22nd. Barclays lifted their price objective on shares of Cboe Global Markets from $295.00 to $317.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Argus raised shares of Cboe Global Markets to a “hold” rating in a report on Wednesday, March 11th. Finally, Loop Capital set a $317.00 target price on shares of Cboe Global Markets in a research report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $279.00.

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.