Strs Ohio Buys Shares of 11,663 Cboe Global Markets, Inc. (BATS:CBOE)

Strs Ohio purchased a new stake in Cboe Global Markets, Inc. (BATS:CBOE) during the fourth quarter, Holdings Channel.com reports. The firm purchased 11,663 shares of the company’s stock, valued at approximately $2,082,000.

Several other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in Cboe Global Markets by 1.5% in the first quarter. Vanguard Group Inc. now owns 12,382,015 shares of the company’s stock worth $1,416,751,000 after purchasing an additional 185,967 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Cboe Global Markets by 3.4% during the 1st quarter. Geode Capital Management LLC now owns 2,398,830 shares of the company’s stock worth $321,793,000 after acquiring an additional 79,184 shares in the last quarter. FMR LLC lifted its position in Cboe Global Markets by 15.1% during the third quarter. FMR LLC now owns 2,206,823 shares of the company’s stock valued at $344,728,000 after acquiring an additional 289,048 shares during the last quarter. Morgan Stanley boosted its stake in Cboe Global Markets by 24.5% in the third quarter. Morgan Stanley now owns 1,742,946 shares of the company’s stock valued at $272,266,000 after acquiring an additional 342,505 shares in the last quarter. Finally, Norges Bank purchased a new position in Cboe Global Markets in the fourth quarter worth $159,764,000. 81.73% of the stock is owned by institutional investors.

Cboe Global Markets Stock Up 1.6 %

CBOE stock opened at $180.40 on Friday. The company has a market capitalization of $19.13 billion, a P/E ratio of 92.99 and a beta of 0.61. Cboe Global Markets, Inc. has a 12 month low of $103.82 and a 12 month high of $139.00. The firm’s fifty day simple moving average is $184.33 and its 200-day simple moving average is $178.23. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21.

Cboe Global Markets (BATS:CBOE) last posted its earnings results 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 the consensus estimate 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 quarterly revenue was up 9.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.80 earnings per share. As a group, equities research analysts forecast 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 announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 1.22%. The ex-dividend date was Wednesday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, EVP Dave Howson sold 8,314 shares of the company’s stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $183.88, for a total value of $1,528,778.32. Following the sale, the executive vice president now owns 17,573 shares in the company, valued at approximately $3,231,323.24. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.51% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts have recently commented on CBOE shares. Barclays increased their price objective on Cboe Global Markets from $200.00 to $211.00 and gave the company an “overweight” rating in a report on Monday, April 8th. Citigroup raised their price target on Cboe Global Markets from $170.00 to $188.00 and gave the stock a “neutral” rating in a report on Friday, January 12th. Oppenheimer boosted their price target on Cboe Global Markets from $201.00 to $206.00 and gave the stock an “outperform” rating in a research note on Monday, February 5th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $197.00 price objective on shares of Cboe Global Markets in a research report on Thursday, April 4th. Finally, Bank of America boosted their target price on shares of Cboe Global Markets from $200.00 to $204.00 and gave the stock a “buy” rating in a research report on Friday. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $190.18.

Cboe Global Markets Company 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.