Cboe Global Markets, Inc. $CBOE Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans cut its stake in Cboe Global Markets, Inc. (BATS:CBOE) by 35.5% in the fourth quarter, Holdings Channel reports. The firm owned 27,433 shares of the company’s stock after selling 15,096 shares during the period. Thrivent Financial for Lutherans’ holdings in Cboe Global Markets were worth $6,901,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of CBOE. Sound Income Strategies LLC lifted its stake in Cboe Global Markets by 102.2% during the 4th quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $25,000 after acquiring an additional 46 shares during the period. Physician Wealth Advisors Inc. lifted its stake in Cboe Global Markets by 70.5% during the 3rd 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. Headlands Technologies LLC acquired a new stake in Cboe Global Markets during the 2nd quarter valued at approximately $31,000. Ameriflex Group Inc. lifted its stake in Cboe Global Markets by 97.4% during the 3rd 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, Measured Wealth Private Client Group LLC acquired a new stake in Cboe Global Markets during the 3rd quarter valued at approximately $45,000. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Stock Performance

CBOE opened at $360.92 on Thursday. 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 firm has a fifty day moving average price of $307.53 and a 200 day moving average price of $280.18. Cboe Global Markets, Inc. has a 1 year low of $218.14 and a 1 year high of $371.18. The stock has a market cap of $38.28 billion, a P/E ratio of 186.04 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last posted 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 firm had revenue of $728.90 million during the quarter, compared to analysts’ expectations of $688.36 million. During the same period in the previous year, the business posted $2.50 EPS. The business’s revenue was up 29.0% compared to the same quarter last year. Equities research analysts anticipate that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

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 dividend yield of 0.8%. The ex-dividend date is Friday, May 29th. Cboe Global Markets’s payout ratio is currently 98.97%.

Insider Buying and Selling at Cboe Global Markets

In related news, CAO Allen Wilkinson sold 248 shares of the business’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 completion of the transaction, the chief accounting officer directly owned 410 shares in the company, valued at $120,043.90. The trade was a 37.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Janet P. Froetscher sold 1,223 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $358.09, for a total transaction of $437,944.07. Following the completion of the transaction, the director owned 13,807 shares of the company’s stock, valued at approximately $4,944,148.63. This represents a 8.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.51% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on CBOE. UBS Group lifted their price objective on shares of Cboe Global Markets from $305.00 to $335.00 and gave the company a “neutral” rating in a research note on Monday, May 4th. 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. Barclays lifted their price objective on shares of Cboe Global Markets from $351.00 to $382.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. TD Cowen lifted their price objective on shares of Cboe Global Markets from $293.00 to $365.00 and gave the company a “hold” rating in a research note on Monday, May 4th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Cboe Global Markets from $300.00 to $335.00 and gave the company a “market perform” rating in a research note on Monday, May 4th. Five analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $322.60.

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.