Victory Capital Management Inc. Has $46.59 Million Stock Holdings in Cboe Global Markets, Inc. (BATS:CBOE)

Victory Capital Management Inc. cut its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 48.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 260,939 shares of the company’s stock after selling 247,064 shares during the quarter. Victory Capital Management Inc.’s holdings in Cboe Global Markets were worth $46,593,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Simplicity Solutions LLC acquired a new position in Cboe Global Markets during the 3rd quarter worth approximately $205,000. Commonwealth Equity Services LLC boosted its position in Cboe Global Markets by 46.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 22,594 shares of the company’s stock worth $3,529,000 after acquiring an additional 7,152 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in Cboe Global Markets by 3.1% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 9,199 shares of the company’s stock worth $1,437,000 after acquiring an additional 279 shares during the last quarter. Pinnacle Associates Ltd. acquired a new position in Cboe Global Markets during the 3rd quarter worth approximately $203,000. Finally, Forsta AP Fonden boosted its position in Cboe Global Markets by 4.4% during the 3rd quarter. Forsta AP Fonden now owns 18,800 shares of the company’s stock worth $2,937,000 after acquiring an additional 800 shares during the last quarter. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Stock Up 3.2 %

CBOE opened at $179.67 on Monday. Cboe Global Markets, Inc. has a 1-year low of $103.82 and a 1-year high of $139.00. The stock’s fifty day simple moving average is $182.47 and its 200 day simple moving average is $179.75. 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 cap of $19.06 billion, a PE ratio of 92.61 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings results on Friday, May 3rd. The company reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates of $2.04 by $0.11. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The business had revenue of $502.10 million for the quarter, compared to analysts’ expectations of $504.80 million. During the same quarter in the prior year, the business earned $1.90 EPS. The firm’s revenue for the quarter was up 6.5% on a year-over-year basis. As a group, research analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were given 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 payout ratio is 98.97%.

Analyst Ratings Changes

A number of equities analysts have weighed in on CBOE shares. Morgan Stanley reaffirmed an “equal weight” rating and set a $199.00 price target (down previously from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $197.00 price objective on shares of Cboe Global Markets in a report on Thursday, April 4th. Citigroup increased their price objective on Cboe Global Markets from $170.00 to $188.00 and gave the company a “neutral” rating in a report on Friday, January 12th. Bank of America increased their price objective on Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a report on Friday, April 19th. Finally, Oppenheimer increased their price objective on Cboe Global Markets from $201.00 to $206.00 and gave the company an “outperform” rating in a report on Monday, February 5th. Seven analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $190.18.

Insiders Place Their Bets

In other Cboe Global Markets news, EVP Dave Howson sold 5,322 shares of the stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $186.96, for a total transaction of $995,001.12. Following the transaction, the executive vice president now owns 17,573 shares in the company, valued at approximately $3,285,448.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.51% of the company’s stock.

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.