Cboe Global Markets, Inc. $CBOE Shares Acquired by Swiss Life Asset Management Ltd

Swiss Life Asset Management Ltd grew its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 14.2% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 63,551 shares of the company’s stock after acquiring an additional 7,898 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Cboe Global Markets were worth $15,586,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Headlands Technologies LLC purchased a new stake in shares of Cboe Global Markets in the 2nd quarter valued at about $31,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Cboe Global Markets in the second quarter valued at approximately $33,000. Physician Wealth Advisors Inc. boosted its holdings in shares of Cboe Global Markets by 70.5% in the third quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock valued at $33,000 after acquiring an additional 55 shares during the period. Ameriflex Group Inc. boosted its holdings in shares of Cboe Global Markets by 97.4% in the third quarter. Ameriflex Group Inc. now owns 154 shares of the company’s stock valued at $38,000 after acquiring an additional 76 shares during the period. Finally, Dakota Community Bank & Trust NA purchased a new position in shares of Cboe Global Markets during the third quarter worth approximately $42,000. 81.73% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Cboe Global Markets

In related news, Director Alexander Matturri, Jr. sold 1,500 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $285.36, for a total transaction of $428,040.00. Following the transaction, the director owned 4,761 shares of the company’s stock, valued at $1,358,598.96. This represents a 23.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Allen Wilkinson sold 248 shares of the business’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $292.79, for a total transaction of $72,611.92. Following the sale, the chief accounting officer owned 410 shares in the company, valued at $120,043.90. The trade was a 37.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 5,695 shares of company stock valued at $1,628,981. 0.51% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Argus upgraded shares of Cboe Global Markets to a “hold” rating in a research report on Wednesday, March 11th. Royal Bank Of Canada restated a “sector perform” rating and issued a $303.00 price objective on shares of Cboe Global Markets in a research note on Monday, February 9th. Barclays upped their target price on shares of Cboe Global Markets from $295.00 to $317.00 and gave the company an “overweight” rating in a report on Monday, February 9th. TD Cowen reiterated a “hold” rating on shares of Cboe Global Markets in a research note on Wednesday, January 14th. Finally, Morgan Stanley boosted their price target on Cboe Global Markets from $221.00 to $240.00 and gave the company an “underweight” rating in a research report on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $279.00.

Cboe Global Markets Stock Performance

Shares of CBOE opened at $284.41 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. The stock has a market capitalization of $30.17 billion, a P/E ratio of 146.60 and a beta of 0.61. The company’s fifty day moving average is $280.45 and its two-hundred day moving average is $258.22. Cboe Global Markets, Inc. has a 1 year low of $200.88 and a 1 year high of $305.68.

Cboe Global Markets (BATS:CBOE) last released its earnings results on Friday, February 6th. The company reported $3.06 EPS for the quarter, topping the consensus estimate of $2.93 by $0.13. The company had revenue of $671.10 million during the quarter, compared to analysts’ expectations of $659.59 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. On average, sell-side analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were given a $0.72 dividend. The ex-dividend date was Friday, February 27th. This represents a $2.88 dividend on an annualized basis and a yield of 1.0%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

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.