Cboe Global Markets, Inc. (BATS:CBOE) Shares Bought by Ritholtz Wealth Management

Ritholtz Wealth Management increased its stake in Cboe Global Markets, Inc. (BATS:CBOEFree Report) by 19.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 5,593 shares of the company’s stock after buying an additional 892 shares during the period. Ritholtz Wealth Management’s holdings in Cboe Global Markets were worth $999,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Norges Bank acquired a new position in Cboe Global Markets in the 4th quarter worth approximately $159,764,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Cboe Global Markets by 156.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,015,184 shares of the company’s stock valued at $136,280,000 after buying an additional 618,644 shares in the last quarter. Morgan Stanley raised its position in Cboe Global Markets by 86.7% during the fourth quarter. Morgan Stanley now owns 1,310,493 shares of the company’s stock valued at $164,428,000 after buying an additional 608,728 shares during the period. Alliancebernstein L.P. raised its position in Cboe Global Markets by 194.6% during the fourth quarter. Alliancebernstein L.P. now owns 833,975 shares of the company’s stock valued at $104,639,000 after buying an additional 550,867 shares during the period. Finally, FMR LLC boosted its position in Cboe Global Markets by 15.1% during the 3rd quarter. FMR LLC now owns 2,206,823 shares of the company’s stock worth $344,728,000 after acquiring an additional 289,048 shares during the period. 81.73% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Dave Howson sold 5,322 shares of the firm’s stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $186.96, for a total value of $995,001.12. Following the completion of the sale, the executive vice president now directly owns 17,573 shares of the company’s stock, valued at approximately $3,285,448.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.51% of the company’s stock.

Cboe Global Markets Trading Up 2.0 %

Shares of CBOE opened at $183.73 on Friday. Cboe Global Markets, Inc. has a fifty-two week low of $103.82 and a fifty-two week 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 firm has a market cap of $19.49 billion, a P/E ratio of 94.71 and a beta of 0.61. The business has a 50-day moving average of $185.94 and a 200 day moving average of $175.62.

Cboe Global Markets (BATS:CBOEGet Free Report) last announced its quarterly earnings data on Friday, February 2nd. The company reported $2.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.04 by $0.02. The company had revenue of $499.00 million during the quarter, compared to analysts’ expectations of $510.65 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The firm’s revenue was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.80 EPS. As a group, research analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date was Wednesday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Barclays dropped their target price on Cboe Global Markets from $204.00 to $200.00 and set an “overweight” rating on the stock in a report on Monday, February 5th. Citigroup lifted their target price on shares of Cboe Global Markets from $170.00 to $188.00 and gave the company a “neutral” rating in a research note on Friday, January 12th. Rosenblatt Securities upped their price target on shares of Cboe Global Markets from $192.00 to $200.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Finally, Oppenheimer lifted their price objective on Cboe Global Markets from $201.00 to $206.00 and gave the company an “outperform” rating in a research report on Monday, February 5th. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $183.78.

View Our Latest Analysis on Cboe Global Markets

Cboe Global Markets Company Profile

(Free Report)

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.

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

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