Cboe Global Markets, Inc. (BATS:CBOE) Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. lessened its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOE – Get Rating) by 1.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 150,321 shares of the company’s stock after selling 2,036 shares during the period. Principal Financial Group Inc. owned approximately 0.14% of Cboe Global Markets worth $18,861,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Federated Hermes Inc. grew its position in shares of Cboe Global Markets by 54.3% in the third quarter. Federated Hermes Inc. now owns 53,585 shares of the company’s stock valued at $6,289,000 after purchasing an additional 18,867 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Cboe Global Markets by 3.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 52,199 shares of the company’s stock valued at $6,118,000 after purchasing an additional 1,741 shares during the period. Martingale Asset Management L P grew its stake in Cboe Global Markets by 7.3% during the 3rd quarter. Martingale Asset Management L P now owns 148,787 shares of the company’s stock valued at $17,465,000 after purchasing an additional 10,138 shares in the last quarter. Stevens Capital Management LP bought a new stake in shares of Cboe Global Markets in the 4th quarter worth about $302,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its position in shares of Cboe Global Markets by 3.3% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,683 shares of the company’s stock worth $1,466,000 after purchasing an additional 373 shares during the last quarter. 81.73% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Rosenblatt Securities reissued a “buy” rating and set a $175.00 price target on shares of Cboe Global Markets in a report on Thursday, April 6th. Oppenheimer lifted their price target on shares of Cboe Global Markets from $147.00 to $156.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 12th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Cboe Global Markets from $147.00 to $148.00 in a report on Monday, May 8th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $142.67.

Cboe Global Markets Stock Up 0.2 %

CBOE opened at $139.28 on Tuesday. Cboe Global Markets, Inc. has a 1-year low of $103.82 and a 1-year high of $139.00. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $14.77 billion, a price-to-earnings ratio of 71.79 and a beta of 0.61. The business has a 50 day moving average of $134.79 and a 200-day moving average of $128.29.

Cboe Global Markets (BATS:CBOE – Get Rating) last released its quarterly earnings data on Friday, May 5th. The company reported $1.90 EPS for the quarter, topping analysts’ consensus estimates of $1.87 by $0.03. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The company had revenue of $471.40 million during the quarter, compared to the consensus estimate of $482.03 million. During the same period last year, the firm earned $1.73 EPS. The firm’s revenue for the quarter was up 12.7% compared to the same quarter last year. As a group, sell-side analysts anticipate 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 declared a quarterly dividend, which will be paid on Thursday, June 15th. Shareholders of record on Wednesday, May 31st will be given a $0.50 dividend. The ex-dividend date of this dividend is Tuesday, May 30th. This represents a $2.00 dividend on an annualized basis and a yield of 1.44%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

Cboe Global Markets Company Profile

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Cboe Global Markets, Inc engages in the provision of trading and investment solutions to investors. It operates through the following business segments: Options, North American Equities, Futures, Europe and Asia Pacific, Global FX, and Digital. The Options segment includes the options exchange business, which lists trading options on market indexes (index options), as well as on non-exclusive multiply listed options.