SG Americas Securities LLC Sells 20,771 Shares of Cboe Global Markets, Inc. $CBOE

SG Americas Securities LLC decreased its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 18.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 94,361 shares of the company’s stock after selling 20,771 shares during the quarter. SG Americas Securities LLC owned about 0.09% of Cboe Global Markets worth $23,685,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Headlands Technologies LLC bought a new position in Cboe Global Markets during the second quarter worth $31,000. Twin Peaks Wealth Advisors LLC bought a new stake in Cboe Global Markets in the second quarter valued at $33,000. Physician Wealth Advisors Inc. increased its stake in 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 purchasing an additional 55 shares in the last quarter. Ameriflex Group Inc. raised its holdings in shares of Cboe Global Markets by 97.4% during the third quarter. Ameriflex Group Inc. now owns 154 shares of the company’s stock valued at $38,000 after purchasing an additional 76 shares during the period. Finally, Dakota Community Bank & Trust NA bought a new position in shares of Cboe Global Markets during the 3rd quarter worth about $42,000. Institutional investors own 81.73% of the company’s stock.

Insider Buying and Selling

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

Cboe Global Markets Trading Up 1.0%

CBOE opened at $279.79 on Friday. Cboe Global Markets, Inc. has a fifty-two week low of $200.88 and a fifty-two week high of $305.68. The firm has a market capitalization of $29.68 billion, a PE ratio of 144.22 and a beta of 0.61. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The company’s 50-day moving average is $281.95 and its 200 day moving average is $259.85.

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

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were given a dividend of $0.72 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $2.88 annualized dividend and a dividend yield of 1.0%. Cboe Global Markets’s payout ratio is presently 98.97%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CBOE. Argus upgraded Cboe Global Markets to a “hold” rating in a research note on Wednesday, March 11th. Loop Capital set a $317.00 price target on Cboe Global Markets in a report on Monday, February 9th. Morgan Stanley raised their price objective on Cboe Global Markets from $221.00 to $240.00 and gave the company an “underweight” rating in a research note on Monday, December 22nd. UBS Group restated a “neutral” rating and set a $290.00 price objective on shares of Cboe Global Markets in a report on Monday, February 9th. Finally, Barclays upped their target price on Cboe Global Markets from $295.00 to $317.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Cboe Global Markets currently has an average rating of “Hold” and an average price target of $279.00.

About Cboe Global Markets

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.