Healthcare of Ontario Pension Plan Trust Fund Reduces Stock Holdings in Cboe Global Markets, Inc. (BATS:CBOE)

Healthcare of Ontario Pension Plan Trust Fund lowered its position in Cboe Global Markets, Inc. (BATS:CBOEGet Rating) by 25.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 42,569 shares of the company’s stock after selling 14,762 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Cboe Global Markets were worth $4,818,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. DnB Asset Management AS grew its holdings in shares of Cboe Global Markets by 16.2% in the second quarter. DnB Asset Management AS now owns 19,015 shares of the company’s stock valued at $2,152,000 after purchasing an additional 2,650 shares during the period. Balentine LLC purchased a new stake in shares of Cboe Global Markets in the first quarter valued at about $281,000. Hartford Investment Management Co. grew its holdings in shares of Cboe Global Markets by 1.2% in the second quarter. Hartford Investment Management Co. now owns 10,291 shares of the company’s stock valued at $1,165,000 after purchasing an additional 125 shares during the period. Centaurus Financial Inc. purchased a new stake in shares of Cboe Global Markets in the second quarter valued at about $695,000. Finally, Cornercap Investment Counsel Inc. boosted its stake in Cboe Global Markets by 3.1% during the first quarter. Cornercap Investment Counsel Inc. now owns 27,246 shares of the company’s stock worth $3,117,000 after buying an additional 831 shares during the period. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on CBOE. Citigroup began coverage on shares of Cboe Global Markets in a research note on Tuesday, October 11th. They set a “neutral” rating and a $130.00 target price for the company. Rosenblatt Securities increased their target price on shares of Cboe Global Markets from $162.00 to $168.00 and gave the stock a “buy” rating in a research note on Monday, November 7th. TheStreet raised shares of Cboe Global Markets from a “c+” rating to a “b” rating in a research note on Friday, November 4th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Cboe Global Markets from $148.00 to $141.00 and set a “buy” rating for the company in a research note on Tuesday, November 15th. Finally, The Goldman Sachs Group raised shares of Cboe Global Markets from a “sell” rating to a “neutral” rating and increased their target price for the stock from $120.00 to $126.00 in a research note on Friday, September 30th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $143.71.

Insider Activity at Cboe Global Markets

In related news, EVP Catherine R. Clay sold 1,182 shares of the firm’s stock in a transaction that occurred on Wednesday, September 7th. The shares were sold at an average price of $124.28, for a total value of $146,898.96. Following the sale, the executive vice president now owns 3,470 shares of the company’s stock, valued at $431,251.60. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Cboe Global Markets news, CFO Brian N. Schell sold 7,303 shares of the stock in a transaction that occurred on Monday, October 3rd. The shares were sold at an average price of $117.11, for a total value of $855,254.33. Following the transaction, the chief financial officer now directly owns 11,170 shares in the company, valued at $1,308,118.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Catherine R. Clay sold 1,182 shares of the stock in a transaction that occurred on Wednesday, September 7th. The shares were sold at an average price of $124.28, for a total transaction of $146,898.96. Following the completion of the transaction, the executive vice president now owns 3,470 shares in the company, valued at $431,251.60. The disclosure for this sale can be found here. 0.51% of the stock is owned by corporate insiders.

Cboe Global Markets Stock Down 1.8 %

Shares of CBOE opened at $121.51 on Monday. The stock has a market capitalization of $12.89 billion, a PE ratio of 62.63 and a beta of 0.61. Cboe Global Markets, Inc. has a 1 year low of $103.82 and a 1 year high of $139.00. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. The company’s 50-day simple moving average is $120.94 and its 200-day simple moving average is $120.17.

Cboe Global Markets (BATS:CBOEGet Rating) last issued its quarterly earnings results on Friday, November 4th. The company reported $1.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.09. The business had revenue of $442.40 million for the quarter, compared to analysts’ expectations of $441.61 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business’s quarterly revenue was up 19.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.45 earnings per share. Analysts forecast that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 15th. Investors of record on Wednesday, November 30th will be issued a $0.50 dividend. This is a boost from Cboe Global Markets’s previous quarterly dividend of $0.48. This represents a $2.00 annualized dividend and a yield of 1.65%. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

About Cboe Global Markets

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Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through five segments: Options, North American Equities, Futures, Europe and Asia Pacific, and Global FX. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S.

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Institutional Ownership by Quarter for Cboe Global Markets (BATS:CBOE)

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