Nykredit A S Invests $8.30 Million in Cboe Global Markets, Inc. $CBOE

Nykredit A S bought a new position in shares of Cboe Global Markets, Inc. (BATS:CBOE) in the second quarter, HoldingsChannel reports. The fund bought 34,218 shares of the company’s stock, valued at approximately $8,304,000.

Other large investors have also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund lifted its holdings in Cboe Global Markets by 0.3% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 11,993 shares of the company’s stock worth $3,371,000 after buying an additional 33 shares during the last quarter. SHUTTLEWORTH & Co increased its holdings in shares of Cboe Global Markets by 0.5% in the 4th quarter. SHUTTLEWORTH & Co now owns 8,339 shares of the company’s stock valued at $2,093,000 after acquiring an additional 41 shares during the last quarter. Arkadios Wealth Advisors raised its position in shares of Cboe Global Markets by 4.7% during the 1st quarter. Arkadios Wealth Advisors now owns 905 shares of the company’s stock worth $254,000 after acquiring an additional 41 shares in the last quarter. Centaurus Financial Inc. raised its position in shares of Cboe Global Markets by 1.0% during the 1st quarter. Centaurus Financial Inc. now owns 4,048 shares of the company’s stock worth $1,138,000 after acquiring an additional 42 shares in the last quarter. Finally, Norinchukin Bank The raised its position in shares of 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 acquiring an additional 42 shares in the last quarter. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Stock Performance

Shares of CBOE stock opened at $298.38 on Friday. The stock has a market capitalization of $31.65 billion, a PE ratio of 153.80 and a beta of 0.61. Cboe Global Markets, Inc. has a 52-week low of $227.15 and a 52-week high of $371.18. The stock’s 50-day moving average price is $284.38 and its 200 day moving average price is $294.98. 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 (BATS:CBOE) last announced its quarterly earnings data on Friday, July 31st. The company reported $3.56 earnings per share for the quarter, beating analysts’ consensus estimates of $3.49 by $0.07. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The company had revenue of $731.60 million for the quarter, compared to analyst estimates of $716.61 million. During the same quarter in the previous year, the company earned $2.46 EPS. The firm’s revenue for the quarter was up 24.6% compared to the same quarter last year. As a group, equities research analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a $0.86 dividend. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.72. This represents a $3.44 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Monday, August 31st. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Zacks Research downgraded Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 8th. Piper Sandler cut their price objective on shares of Cboe Global Markets from $355.00 to $320.00 and set an “overweight” rating on the stock in a report on Wednesday, July 15th. Loop Capital set a $380.00 price objective on shares of Cboe Global Markets in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Cboe Global Markets in a research report on Monday, August 3rd. Finally, TD Cowen upped their target price on shares of Cboe Global Markets from $304.00 to $315.00 and gave the company a “hold” rating in a report on Monday, August 3rd. Three investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $315.30.

Insider Buying and Selling at Cboe Global Markets

In other news, Director Janet Froetscher sold 937 shares of Cboe Global Markets stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $278.95, for a total transaction of $261,376.15. Following the completion of the sale, the director directly owned 12,870 shares in the company, valued at $3,590,086.50. The trade was a 6.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is currently owned by corporate insiders.

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.