Oddo BHF Asset Management Sas Buys 2,475 Shares of Cboe Global Markets, Inc. $CBOE

Oddo BHF Asset Management Sas raised its stake in Cboe Global Markets, Inc. (BATS:CBOE) by 14.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,715 shares of the company’s stock after acquiring an additional 2,475 shares during the quarter. Oddo BHF Asset Management Sas’ holdings in Cboe Global Markets were worth $5,541,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Allspring Global Investments Holdings LLC boosted its position in Cboe Global Markets by 13.4% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 59,193 shares of the company’s stock valued at $14,686,000 after buying an additional 7,012 shares during the last quarter. Pacer Advisors Inc. raised its position in shares of Cboe Global Markets by 36.6% during the fourth quarter. Pacer Advisors Inc. now owns 11,639 shares of the company’s stock worth $2,921,000 after acquiring an additional 3,119 shares during the last quarter. Brindle & Bay Financial Advisors LLC bought a new stake in shares of Cboe Global Markets during the fourth quarter worth $735,000. Robeco Institutional Asset Management B.V. lifted its stake in shares of Cboe Global Markets by 3.6% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 453,753 shares of the company’s stock valued at $113,892,000 after acquiring an additional 15,648 shares during the period. Finally, Bleakley Financial Group LLC acquired a new position in shares of Cboe Global Markets during the first quarter valued at $3,831,000. 81.73% of the stock is owned by institutional investors.

Analyst Ratings Changes

CBOE has been the topic of several recent research reports. Barclays decreased their price target on Cboe Global Markets from $382.00 to $347.00 and set an “overweight” rating on the stock in a report on Thursday, July 9th. UBS Group upped their target price on shares of Cboe Global Markets from $305.00 to $335.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. Zacks Research lowered shares of Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Cboe Global Markets in a research report on Monday, May 4th. Finally, Piper Sandler dropped their price target on shares of Cboe Global Markets from $355.00 to $320.00 and set an “overweight” rating for the company in a research note on Wednesday, July 15th. Four analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Cboe Global Markets presently has a consensus rating of “Hold” and an average price target of $300.73.

Cboe Global Markets Stock Up 3.5%

BATS:CBOE opened at $307.81 on Thursday. 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 $227.15 and a 12-month high of $371.18. The stock’s fifty day simple moving average is $282.07 and its 200-day simple moving average is $290.12. The firm has a market capitalization of $32.65 billion, a P/E ratio of 158.67 and a beta of 0.61.

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 0.9%. The ex-dividend date was Friday, May 29th. Cboe Global Markets’s payout ratio is presently 98.97%.

Insider Activity

In other news, Director Janet P. Froetscher sold 1,223 shares of the company’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $358.09, for a total value of $437,944.07. Following the completion of the sale, the director directly owned 13,807 shares of the company’s stock, valued at $4,944,148.63. This represents a 8.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, 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.

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.