SG Americas Securities LLC Has $29.28 Million Stake in Cboe Global Markets, Inc. $CBOE

SG Americas Securities LLC raised its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 10.4% in the 1st quarter, HoldingsChannel reports. The firm owned 104,175 shares of the company’s stock after purchasing an additional 9,814 shares during the quarter. SG Americas Securities LLC’s holdings in Cboe Global Markets were worth $29,280,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Sound Income Strategies LLC increased its stake in shares of Cboe Global Markets by 102.2% in the fourth quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $25,000 after buying an additional 46 shares in the last quarter. University of Texas Texas AM Investment Management Co. bought a new position in shares of Cboe Global Markets in the fourth quarter valued at about $26,000. Headlands Technologies LLC acquired a new position in Cboe Global Markets during the 2nd quarter worth about $31,000. Elyxium Wealth LLC acquired a new position in Cboe Global Markets during the 4th quarter worth about $33,000. Finally, DV Equities LLC bought a new stake in Cboe Global Markets during the 4th quarter worth about $37,000. 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 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 directly owned 13,807 shares in the company, valued at approximately $4,944,148.63. The trade was a 8.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.51% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Keefe, Bruyette & Woods raised their price objective on shares of Cboe Global Markets from $300.00 to $335.00 and gave the company a “market perform” rating in a research report on Monday, May 4th. Piper Sandler upped their target price on shares of Cboe Global Markets from $295.00 to $321.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 15th. Zacks Research raised shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 8th. Erste Group Bank lowered shares of Cboe Global Markets from a “buy” rating to a “hold” rating in a report on Friday, June 5th. Finally, UBS Group boosted their price objective on shares of Cboe Global Markets from $305.00 to $335.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $310.70.

Cboe Global Markets Stock Up 0.6%

BATS:CBOE opened at $257.42 on Wednesday. Cboe Global Markets, Inc. has a 12-month low of $223.54 and a 12-month high of $371.18. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $27.30 billion, a P/E ratio of 132.69 and a beta of 0.61. The stock’s fifty day simple moving average is $313.07 and its 200-day simple moving average is $287.48.

Cboe Global Markets (BATS:CBOE) last released its quarterly earnings data 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 the consensus estimate of $688.36 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The firm’s revenue was up 29.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.50 earnings per share. Equities research analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The business also recently announced 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. This represents a $2.88 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Friday, May 29th. Cboe Global Markets’s 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.