National Pension Service Boosts Stake in Cboe Global Markets, Inc. $CBOE

National Pension Service lifted its stake in Cboe Global Markets, Inc. (BATS:CBOE) by 3.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 169,938 shares of the company’s stock after purchasing an additional 5,343 shares during the period. National Pension Service’s holdings in Cboe Global Markets were worth $42,654,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of CBOE. Kendall Capital Management boosted its holdings in Cboe Global Markets by 0.5% in the 4th quarter. Kendall Capital Management now owns 8,862 shares of the company’s stock worth $2,224,000 after buying an additional 40 shares during the period. Norinchukin Bank The boosted its holdings in Cboe Global Markets by 0.7% in the 3rd 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. Aprio Wealth Management LLC boosted its holdings in Cboe Global Markets by 3.1% in the 3rd quarter. Aprio Wealth Management LLC now owns 1,432 shares of the company’s stock worth $351,000 after buying an additional 43 shares during the period. IHT Wealth Management LLC boosted its holdings in Cboe Global Markets by 4.5% in the 2nd quarter. IHT Wealth Management LLC now owns 1,021 shares of the company’s stock worth $238,000 after buying an additional 44 shares during the period. Finally, Sound Income Strategies LLC boosted its holdings in Cboe Global Markets by 102.2% in the 4th quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock worth $25,000 after buying an additional 46 shares during the period. 81.73% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, Director Janet P. Froetscher sold 1,223 shares of the stock in a transaction dated 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 $4,944,148.63. This represents a 8.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on CBOE shares. Zacks Research downgraded shares of Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a report on Friday, May 8th. Keefe, Bruyette & Woods upped their target price on shares of Cboe Global Markets from $300.00 to $335.00 and gave the stock a “market perform” rating in a report on Monday, May 4th. Argus raised shares of Cboe Global Markets to a “hold” rating in a report on Wednesday, March 11th. UBS Group upped their target price on shares of Cboe Global Markets from $305.00 to $335.00 and gave the stock a “neutral” rating in a report on Monday, May 4th. Finally, Barclays upped their target price on shares of Cboe Global Markets from $351.00 to $382.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Five equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $322.60.

Cboe Global Markets Price Performance

CBOE opened at $333.56 on Monday. The firm has a 50-day simple moving average of $316.03 and a two-hundred day simple moving average of $285.01. Cboe Global Markets, Inc. has a 52 week low of $218.14 and a 52 week high of $371.18. The company has a market capitalization of $35.38 billion, a PE ratio of 171.94 and a beta of 0.61. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60.

Cboe Global Markets (BATS:CBOE) last released its quarterly earnings data on Friday, May 1st. The company reported $3.70 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 quarter in the prior year, the firm earned $2.50 EPS. The business’s revenue was up 29.0% on a year-over-year basis. Analysts forecast 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 disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be issued a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, May 29th. Cboe Global Markets’s dividend payout ratio is 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.