Empowered Funds LLC Has $13.12 Million Position in Cboe Global Markets, Inc. $CBOE

Empowered Funds LLC raised its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 385.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 46,661 shares of the company’s stock after acquiring an additional 37,052 shares during the quarter. Empowered Funds LLC’s holdings in Cboe Global Markets were worth $13,115,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in CBOE. Norges Bank bought a new position in shares of Cboe Global Markets in the 4th quarter worth $354,578,000. Balyasny Asset Management L.P. lifted its stake in Cboe Global Markets by 1,340.0% in the third quarter. Balyasny Asset Management L.P. now owns 749,658 shares of the company’s stock valued at $183,854,000 after buying an additional 697,600 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in Cboe Global Markets by 2,425.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 661,391 shares of the company’s stock valued at $166,009,000 after buying an additional 635,199 shares during the period. Marshall Wace LLP bought a new position in Cboe Global Markets during the third quarter worth about $107,052,000. Finally, Amundi grew its position in shares of Cboe Global Markets by 47.9% during the 4th quarter. Amundi now owns 981,720 shares of the company’s stock worth $246,412,000 after buying an additional 317,941 shares during the period. Institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Price Performance

Shares of BATS CBOE opened at $307.81 on Thursday. The company has a fifty day moving average price of $282.07 and a 200 day moving average price of $290.12. The firm has a market cap of $32.65 billion, a PE ratio of 158.67 and a beta of 0.61. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. Cboe Global Markets, Inc. has a 1-year low of $227.15 and a 1-year high of $371.18.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings data on Friday, May 1st. The company reported $3.70 earnings per share for the quarter, topping the consensus estimate of $3.37 by $0.33. The company had revenue of $728.90 million during the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 29.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.50 earnings per share. Research analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were issued a $0.72 dividend. The ex-dividend date was Friday, May 29th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 0.9%. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

Insider Activity

In other news, Director Janet P. Froetscher sold 1,223 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $358.09, for a total value of $437,944.07. Following the sale, the director owned 13,807 shares of the company’s stock, valued at $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 SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of brokerages recently issued reports on CBOE. Zacks Research cut shares of Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 8th. UBS Group raised their price objective on 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 reiterated an “underweight” rating and set a $258.00 target price on shares of Cboe Global Markets in a report on Friday, July 10th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Cboe Global Markets in a research note on Monday, May 4th. Finally, Barclays dropped their price target on Cboe Global Markets from $382.00 to $347.00 and set an “overweight” rating on the stock in a research report on Thursday, July 9th. Four equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $300.73.

Cboe Global Markets Company 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.