Savant Capital LLC Purchases Shares of 1,633 Cboe Global Markets, Inc. (BATS:CBOE)

Savant Capital LLC bought a new stake in Cboe Global Markets, Inc. (BATS:CBOE) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,633 shares of the company’s stock, valued at approximately $292,000.

A number of other large investors have also recently bought and sold shares of CBOE. Pekin Hardy Strauss Inc. boosted its stake in shares of Cboe Global Markets by 3.3% during the 4th quarter. Pekin Hardy Strauss Inc. now owns 10,613 shares of the company’s stock worth $1,895,000 after purchasing an additional 338 shares during the last quarter. PGGM Investments raised its holdings in Cboe Global Markets by 40.6% in the 4th quarter. PGGM Investments now owns 32,719 shares of the company’s stock valued at $5,842,000 after acquiring an additional 9,449 shares during the last quarter. Unique Wealth Strategies LLC acquired a new position in Cboe Global Markets in the 4th quarter valued at $683,000. Russell Investments Group Ltd. lifted its stake in shares of Cboe Global Markets by 10.9% during the 4th quarter. Russell Investments Group Ltd. now owns 166,373 shares of the company’s stock worth $29,699,000 after purchasing an additional 16,330 shares during the period. Finally, Truist Financial Corp boosted its holdings in shares of Cboe Global Markets by 88.0% during the fourth quarter. Truist Financial Corp now owns 13,505 shares of the company’s stock worth $2,411,000 after purchasing an additional 6,321 shares during the last quarter. Institutional investors and hedge funds own 81.73% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Citigroup increased their price objective on shares of Cboe Global Markets from $170.00 to $188.00 and gave the stock a “neutral” rating in a report on Friday, January 12th. 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 note on Tuesday, April 9th. Rosenblatt Securities boosted their price objective on shares of Cboe Global Markets from $200.00 to $205.00 and gave the company a “buy” rating in a research note on Monday. Barclays increased their target price on Cboe Global Markets from $211.00 to $215.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, Bank of America boosted their price target on Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a research report on Friday, April 19th. Seven investment 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 has a consensus rating of “Hold” and a consensus price target of $191.00.

Cboe Global Markets Stock Performance

Cboe Global Markets stock opened at $182.53 on Tuesday. The firm has a market capitalization of $19.36 billion, a PE ratio of 94.09 and a beta of 0.61. Cboe Global Markets, Inc. has a one year low of $103.82 and a one year high of $139.00. The stock’s 50 day moving average price is $182.47 and its 200 day moving average price is $179.75. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21.

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

Cboe Global Markets Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were paid 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 1.21%. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Insider Transactions at Cboe Global Markets

In other Cboe Global Markets news, EVP Dave Howson sold 8,314 shares of the firm’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 transaction of $1,528,778.32. Following the completion of the sale, the executive vice president now owns 17,573 shares in the company, valued at approximately $3,231,323.24. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate 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.