6,400 Shares in Cboe Global Markets, Inc. (BATS:CBOE) Purchased by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System purchased a new stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 6,400 shares of the company’s stock, valued at approximately $1,143,000.

Other institutional investors also recently bought and sold shares of the company. NBC Securities Inc. purchased a new position in Cboe Global Markets during the third quarter valued at approximately $29,000. Farmers & Merchants Trust Co of Chambersburg PA purchased a new position in Cboe Global Markets during the fourth quarter valued at approximately $30,000. Allworth Financial LP raised its position in Cboe Global Markets by 75.3% during the fourth quarter. Allworth Financial LP now owns 170 shares of the company’s stock valued at $30,000 after acquiring an additional 73 shares in the last quarter. ORG Partners LLC purchased a new stake in shares of Cboe Global Markets in the fourth quarter valued at approximately $31,000. Finally, BKM Wealth Management LLC purchased a new stake in shares of Cboe Global Markets in the fourth quarter valued at approximately $33,000. 81.73% of the stock is currently owned by hedge funds and other institutional investors.

Cboe Global Markets Price Performance

CBOE stock opened at $178.50 on Wednesday. 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 company has a market capitalization of $18.93 billion, a PE ratio of 92.01 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 business’s fifty day moving average price is $184.11 and its 200 day moving average price is $178.78.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings data on Friday, February 2nd. The company reported $2.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.04 by $0.02. The firm had revenue of $499.00 million for the quarter, compared to the consensus estimate of $510.65 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The company’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.80 EPS. On average, sell-side analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were issued a $0.55 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $2.20 annualized dividend and a dividend yield of 1.23%. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Insider Activity at Cboe Global Markets

In related news, EVP Dave Howson sold 8,314 shares of the business’s stock in a transaction 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 document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.51% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Keefe, Bruyette & Woods restated 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. Citigroup boosted their price objective on Cboe Global Markets from $170.00 to $188.00 and gave the company a “neutral” rating in a research report on Friday, January 12th. Morgan Stanley restated an “equal weight” rating and issued a $199.00 price objective (down from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Bank of America lifted their price target on Cboe Global Markets from $200.00 to $204.00 and gave the stock a “buy” rating in a research note on Friday, April 19th. Finally, Barclays lifted their price target on Cboe Global Markets from $200.00 to $211.00 and gave the stock an “overweight” rating in a research note on Monday, April 8th. Seven analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $190.18.

About Cboe Global Markets

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.