Hills Bank & Trust Co Has $2.54 Million Holdings in Cboe Global Markets, Inc. $CBOE

Hills Bank & Trust Co cut its stake in Cboe Global Markets, Inc. (BATS:CBOE) by 13.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 10,133 shares of the company’s stock after selling 1,542 shares during the quarter. Hills Bank & Trust Co’s holdings in Cboe Global Markets were worth $2,543,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. DNB Asset Management AS boosted its stake in Cboe Global Markets by 7.4% in the 4th quarter. DNB Asset Management AS now owns 23,145 shares of the company’s stock worth $5,809,000 after purchasing an additional 1,596 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Cboe Global Markets by 2,425.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 661,391 shares of the company’s stock worth $166,009,000 after buying an additional 635,199 shares during the last quarter. Donoghue Forlines LLC acquired a new position in shares of Cboe Global Markets during the 4th quarter worth about $2,310,000. Arbejdsmarkedets Tillaegspension acquired a new position in shares of Cboe Global Markets during the 4th quarter worth about $23,046,000. Finally, Allworth Financial LP boosted its stake in shares of Cboe Global Markets by 35.3% during the 4th quarter. Allworth Financial LP now owns 701 shares of the company’s stock worth $176,000 after buying an additional 183 shares during the last quarter. 81.73% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Royal Bank Of Canada restated a “sector perform” rating and set a $303.00 price objective on shares of Cboe Global Markets in a research note on Monday, February 9th. Erste Group Bank assumed coverage on shares of Cboe Global Markets in a research note on Tuesday. They set a “buy” rating for the company. Morgan Stanley increased their price objective on shares of Cboe Global Markets from $246.00 to $273.00 and gave the stock an “underweight” rating in a research note on Friday, April 10th. Loop Capital set a $382.00 price objective on shares of Cboe Global Markets in a research note on Monday, May 4th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Cboe Global Markets in a research note on Monday, May 4th. Five investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Cboe Global Markets presently has an average rating of “Hold” and an average target price of $322.60.

Cboe Global Markets Trading Up 1.2%

Shares of BATS:CBOE opened at $363.02 on Friday. Cboe Global Markets, Inc. has a 52-week low of $217.85 and a 52-week high of $367.91. The company has a market capitalization of $38.50 billion, a P/E ratio of 187.12 and a beta of 0.61. The company has a 50-day simple moving average of $303.68 and a 200 day simple moving average of $277.22. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21.

Cboe Global Markets (BATS:CBOE) last issued its earnings results on Friday, May 1st. The company reported $3.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.37 by $0.33. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business had revenue of $728.90 million during the quarter, compared to the consensus estimate of $688.36 million. During the same period last year, the business posted $2.50 EPS. Cboe Global Markets’s revenue was up 29.0% on a year-over-year basis. Sell-side analysts forecast 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 announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid a $0.72 dividend. This represents a $2.88 annualized dividend and a yield of 0.8%. The ex-dividend date is Friday, May 29th. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

Insider Activity at Cboe Global Markets

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

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.