TD Asset Management Inc Has $91.72 Million Stake in Cboe Global Markets, Inc. $CBOE

TD Asset Management Inc trimmed its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 4.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 365,419 shares of the company’s stock after selling 15,461 shares during the period. TD Asset Management Inc’s holdings in Cboe Global Markets were worth $91,720,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC boosted its position in Cboe Global Markets by 10.1% in the 4th quarter. Brighton Jones LLC now owns 1,092 shares of the company’s stock valued at $213,000 after buying an additional 100 shares during the last quarter. Jones Financial Companies Lllp boosted its position in Cboe Global Markets by 1,854.4% in the 1st quarter. Jones Financial Companies Lllp now owns 4,202 shares of the company’s stock valued at $951,000 after buying an additional 3,987 shares during the last quarter. Empowered Funds LLC boosted its position in Cboe Global Markets by 132.4% in the 1st quarter. Empowered Funds LLC now owns 4,803 shares of the company’s stock valued at $1,087,000 after buying an additional 2,736 shares during the last quarter. Woodline Partners LP boosted its position in Cboe Global Markets by 40.7% in the 1st quarter. Woodline Partners LP now owns 8,845 shares of the company’s stock valued at $2,002,000 after buying an additional 2,558 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in Cboe Global Markets by 138.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 341 shares of the company’s stock valued at $77,000 after buying an additional 198 shares during the last quarter. 81.73% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Janet P. Froetscher sold 1,223 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $358.09, for a total value of $437,944.07. Following the transaction, the director directly owned 13,807 shares in the company, valued at $4,944,148.63. This trade 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 this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by corporate insiders.

Cboe Global Markets Stock Up 0.3%

BATS:CBOE opened at $286.03 on Friday. Cboe Global Markets, Inc. has a 12-month low of $218.14 and a 12-month high of $371.18. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $30.34 billion, a P/E ratio of 147.44 and a beta of 0.61. The stock’s fifty day simple moving average is $316.35 and its 200-day simple moving average is $285.79.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings results on Friday, May 1st. The company reported $3.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.37 by $0.33. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The business had revenue of $728.90 million for the quarter, compared to analyst estimates of $688.36 million. During the same period last year, the company earned $2.50 EPS. The firm’s revenue was up 29.0% on a year-over-year basis. Equities research analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, May 29th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.97%.

Analyst Ratings Changes

A number of research analysts have commented on the company. Morgan Stanley increased their price objective on Cboe Global Markets from $246.00 to $273.00 and gave the company an “underweight” rating in a research report on Friday, April 10th. Loop Capital set a $382.00 price objective on Cboe Global Markets in a research report on Monday, May 4th. Piper Sandler boosted their price target on shares of Cboe Global Markets from $295.00 to $321.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 15th. Barclays boosted their price target on shares of Cboe Global Markets from $351.00 to $382.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Finally, Erste Group Bank began coverage on shares of Cboe Global Markets in a research note on Tuesday, May 12th. They set a “buy” rating for the company. Five investment analysts have rated the stock with 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, the company currently has an average rating of “Hold” and a consensus target price of $322.60.

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.