Daiwa Securities Group Inc. Increases Stake in Cboe Global Markets, Inc. (BATS:CBOE)

Daiwa Securities Group Inc. grew its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 3.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,249 shares of the company’s stock after buying an additional 405 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Cboe Global Markets were worth $2,008,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of CBOE. Pinnacle Associates Ltd. grew its stake in shares of Cboe Global Markets by 5.2% during the 4th quarter. Pinnacle Associates Ltd. now owns 1,366 shares of the company’s stock worth $244,000 after purchasing an additional 67 shares during the period. Allworth Financial LP grew its stake in shares of Cboe Global Markets by 75.3% during the 4th quarter. Allworth Financial LP now owns 170 shares of the company’s stock worth $30,000 after purchasing an additional 73 shares during the period. Moors & Cabot Inc. grew its stake in shares of Cboe Global Markets by 2.3% during the 3rd quarter. Moors & Cabot Inc. now owns 3,305 shares of the company’s stock worth $516,000 after purchasing an additional 75 shares during the period. U.S. Capital Wealth Advisors LLC grew its stake in shares of Cboe Global Markets by 1.5% during the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 5,123 shares of the company’s stock worth $800,000 after purchasing an additional 76 shares during the period. Finally, Kestra Advisory Services LLC grew its stake in Cboe Global Markets by 4.9% in the 3rd quarter. Kestra Advisory Services LLC now owns 2,325 shares of the company’s stock valued at $363,000 after acquiring an additional 109 shares during the last quarter. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Insider Transactions at Cboe Global Markets

In other news, EVP Dave Howson sold 5,322 shares of the stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $186.96, for a total transaction of $995,001.12. Following the transaction, the executive vice president now directly owns 17,573 shares in the company, valued at approximately $3,285,448.08. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.51% of the company’s stock.

Cboe Global Markets Trading Down 0.1 %

Shares of CBOE stock opened at $180.66 on Tuesday. The firm has a market cap of $19.16 billion, a P/E ratio of 93.12 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 current ratio of 1.21 and a quick ratio of 1.21. The firm’s 50-day simple moving average is $184.26 and its 200-day simple moving average is $178.66.

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

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were issued a dividend of $0.55 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $2.20 annualized dividend and a dividend yield of 1.22%. Cboe Global Markets’s payout ratio is currently 98.97%.

Analyst Upgrades and Downgrades

CBOE has been the topic of a number of research reports. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $197.00 price objective on shares of Cboe Global Markets in a research note on Thursday, April 4th. Rosenblatt Securities increased their price objective on shares of Cboe Global Markets from $192.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, February 5th. Oppenheimer increased their price objective on shares of Cboe Global Markets from $201.00 to $206.00 and gave the company an “outperform” rating in a research note on Monday, February 5th. Bank of America increased their price objective on shares of Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a research note on Friday. Finally, Citigroup increased their price objective 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. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target 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.