Hsbc Holdings PLC Has $72.70 Million Stock Holdings in Cboe Global Markets, Inc. $CBOE

Hsbc Holdings PLC raised its stake in Cboe Global Markets, Inc. (BATS:CBOE) by 1.7% in the 4th quarter, HoldingsChannel reports. The firm owned 288,580 shares of the company’s stock after acquiring an additional 4,744 shares during the quarter. Hsbc Holdings PLC’s holdings in Cboe Global Markets were worth $72,700,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Kendall Capital Management boosted its position in shares of Cboe Global Markets by 0.5% during the 4th quarter. Kendall Capital Management now owns 8,862 shares of the company’s stock worth $2,224,000 after purchasing an additional 40 shares in the last quarter. SHUTTLEWORTH & Co raised its stake in Cboe Global Markets by 0.5% during the 4th quarter. SHUTTLEWORTH & Co now owns 8,339 shares of the company’s stock worth $2,093,000 after buying an additional 41 shares during the period. Norinchukin Bank The raised its stake in Cboe Global Markets by 0.7% during the 3rd quarter. Norinchukin Bank The now owns 5,884 shares of the company’s stock worth $1,443,000 after buying an additional 42 shares during the period. Aprio Wealth Management LLC boosted its holdings in Cboe Global Markets by 3.1% in the third quarter. Aprio Wealth Management LLC now owns 1,432 shares of the company’s stock worth $351,000 after acquiring an additional 43 shares in the last quarter. Finally, IHT Wealth Management LLC boosted its holdings in Cboe Global Markets by 4.5% in the second quarter. IHT Wealth Management LLC now owns 1,021 shares of the company’s stock worth $238,000 after acquiring an additional 44 shares in the last quarter. Institutional investors and hedge funds own 81.73% of the company’s stock.

Insider Activity

In other news, Director Janet P. Froetscher sold 1,223 shares of the stock in a transaction dated Monday, May 18th. The shares were 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 in the company, valued at $4,944,148.63. This represents a 8.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is currently owned by insiders.

Cboe Global Markets Stock Up 2.8%

Shares of BATS:CBOE opened at $255.98 on Tuesday. The stock has a market cap of $27.15 billion, a price-to-earnings ratio of 131.95 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. Cboe Global Markets, Inc. has a 12-month low of $223.54 and a 12-month high of $371.18. The business’s 50 day moving average is $313.84 and its 200 day moving average is $287.46.

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

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were paid a $0.72 dividend. 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 is presently 98.97%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Loop Capital set a $263.00 target price on Cboe Global Markets in a report on Monday. TD Cowen boosted their price target on shares of Cboe Global Markets from $293.00 to $365.00 and gave the company a “hold” rating in a research note on Monday, May 4th. Keefe, Bruyette & Woods upped their price objective on shares of Cboe Global Markets from $300.00 to $335.00 and gave the stock a “market perform” rating in a report on Monday, May 4th. Barclays raised their price objective on shares of Cboe Global Markets from $351.00 to $382.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Finally, Erste Group Bank lowered shares of Cboe Global Markets from a “buy” rating to a “hold” rating in a report on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $310.70.

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.