Monument Capital Management Invests $215,000 in Cboe Global Markets, Inc. (BATS:CBOE)

Monument Capital Management acquired a new position in Cboe Global Markets, Inc. (BATS:CBOE) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,205 shares of the company’s stock, valued at approximately $215,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Morgan Stanley boosted its holdings in Cboe Global Markets by 24.5% during the third quarter. Morgan Stanley now owns 1,742,946 shares of the company’s stock worth $272,266,000 after buying an additional 342,505 shares in the last quarter. FMR LLC boosted its holdings in Cboe Global Markets by 15.1% during the third quarter. FMR LLC now owns 2,206,823 shares of the company’s stock worth $344,728,000 after buying an additional 289,048 shares in the last quarter. Rheos Capital Works Inc. boosted its holdings in Cboe Global Markets by 620.8% during the fourth quarter. Rheos Capital Works Inc. now owns 187,400 shares of the company’s stock worth $33,462,000 after buying an additional 161,400 shares in the last quarter. Lord Abbett & CO. LLC boosted its holdings in Cboe Global Markets by 7.5% during the third quarter. Lord Abbett & CO. LLC now owns 1,133,901 shares of the company’s stock worth $177,127,000 after buying an additional 78,675 shares in the last quarter. Finally, Tandem Investment Advisors Inc. boosted its holdings in Cboe Global Markets by 11.0% during the third quarter. Tandem Investment Advisors Inc. now owns 764,795 shares of the company’s stock worth $119,469,000 after buying an additional 75,743 shares in the last quarter. Institutional investors and hedge funds own 81.73% of the company’s stock.

Cboe Global Markets Stock Performance

CBOE opened at $180.66 on Tuesday. 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 company has a market cap of $19.16 billion, a price-to-earnings ratio of 93.12 and a beta of 0.61. Cboe Global Markets, Inc. has a 52-week low of $103.82 and a 52-week high of $139.00. The firm’s fifty day simple moving average is $184.26 and its two-hundred day simple moving average is $178.66.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings data on Friday, February 2nd. The company reported $2.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.04 by $0.02. The business had revenue of $499.00 million for the quarter, compared to the consensus estimate of $510.65 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The company’s revenue was up 9.2% compared to the same quarter last year. During the same period last year, the firm posted $1.80 earnings per share. 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 15th. Stockholders of record on Thursday, February 29th were paid a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 1.22%. The ex-dividend date of this dividend was Wednesday, February 28th. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Barclays increased their price target on shares of Cboe Global Markets from $200.00 to $211.00 and gave the stock an “overweight” rating in a report on Monday, April 8th. Citigroup increased their price target on shares of Cboe Global Markets from $170.00 to $188.00 and gave the stock a “neutral” rating in a report on Friday, January 12th. Morgan Stanley reissued an “equal weight” rating and set a $199.00 price target (down from $211.00) on shares of Cboe Global Markets in a report on Tuesday, April 9th. Keefe, Bruyette & Woods reissued a “market perform” rating and set a $197.00 price target on shares of Cboe Global Markets in a report on Thursday, April 4th. Finally, Oppenheimer increased their price objective on shares of Cboe Global Markets from $201.00 to $206.00 and gave the company an “outperform” rating in a report on Monday, February 5th. Seven research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Cboe Global Markets currently has an average rating of “Hold” and an average target price of $190.18.

Insider Transactions at Cboe Global Markets

In other news, EVP Dave Howson sold 5,322 shares of the firm’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $186.96, for a total value of $995,001.12. Following the transaction, the executive vice president now directly owns 17,573 shares of the company’s stock, valued at $3,285,448.08. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.51% of the company’s stock.

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.