Segall Bryant & Hamill LLC Makes New $5.29 Million Investment in Cboe Global Markets, Inc. $CBOE

Segall Bryant & Hamill LLC acquired a new stake in Cboe Global Markets, Inc. (BATS:CBOE) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 18,646 shares of the company’s stock, valued at approximately $5,295,000.

Several other large investors have also modified their holdings of CBOE. Oregon Public Employees Retirement Fund raised its position in Cboe Global Markets by 0.3% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 11,993 shares of the company’s stock valued at $3,371,000 after purchasing an additional 33 shares during the last quarter. SHUTTLEWORTH & Co increased its stake in Cboe Global Markets by 0.5% in the fourth quarter. SHUTTLEWORTH & Co now owns 8,339 shares of the company’s stock valued at $2,093,000 after purchasing an additional 41 shares during the period. Arkadios Wealth Advisors raised its holdings in shares of Cboe Global Markets by 4.7% in the first quarter. Arkadios Wealth Advisors now owns 905 shares of the company’s stock valued at $254,000 after buying an additional 41 shares during the last quarter. Centaurus Financial Inc. raised its holdings in shares of Cboe Global Markets by 1.0% in the first quarter. Centaurus Financial Inc. now owns 4,048 shares of the company’s stock valued at $1,138,000 after buying an additional 42 shares during the last quarter. Finally, Norinchukin Bank The boosted its stake in shares of Cboe Global Markets by 0.7% during the third quarter. Norinchukin Bank The now owns 5,884 shares of the company’s stock worth $1,443,000 after buying an additional 42 shares during the period. 81.73% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Janet P. Froetscher sold 1,223 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $358.09, for a total value of $437,944.07. Following the completion of the sale, the director owned 13,807 shares in the company, valued at $4,944,148.63. This trade represents a 8.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by corporate insiders.

Cboe Global Markets Stock Performance

Shares of CBOE stock opened at $297.83 on Tuesday. The company has a market cap of $31.59 billion, a price-to-earnings ratio of 153.52 and a beta of 0.61. The stock has a 50 day simple moving average of $278.83 and a 200-day simple moving average of $290.92. Cboe Global Markets, Inc. has a 12-month low of $227.15 and a 12-month high of $371.18. 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 (BATS:CBOE) last posted its quarterly earnings results 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 firm had revenue of $731.60 million for the quarter, compared to the consensus estimate of $716.61 million. During the same period in the previous year, the business earned $2.46 earnings per share. The company’s revenue for the quarter was up 24.6% compared to the same quarter last year. On average, equities analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders 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 1.0%. The ex-dividend date was Friday, May 29th. Cboe Global Markets’s payout ratio is presently 98.97%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on CBOE shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Cboe Global Markets in a report on Monday. Morgan Stanley reaffirmed an “underweight” rating and set a $258.00 price objective on shares of Cboe Global Markets in a research report on Friday, July 10th. UBS Group lifted their target price on Cboe Global Markets from $305.00 to $335.00 and gave the company a “neutral” rating in a research note on Monday, May 4th. Keefe, Bruyette & Woods upped their price target on Cboe Global Markets from $300.00 to $335.00 and gave the stock a “market perform” rating in a research note on Monday, May 4th. Finally, Zacks Research downgraded Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 8th. Three investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $315.30.

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.