NEOS Investment Management LLC Acquires New Shares in Cboe Global Markets, Inc. (BATS:CBOE)

NEOS Investment Management LLC bought a new position in shares of Cboe Global Markets, Inc. (BATS:CBOEFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,486 shares of the company’s stock, valued at approximately $265,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Farmers & Merchants Trust Co of Chambersburg PA bought a new stake in shares of Cboe Global Markets in the 4th quarter valued at $30,000. Allworth Financial LP increased its holdings in shares of Cboe Global Markets by 75.3% in the fourth quarter. Allworth Financial LP now owns 170 shares of the company’s stock worth $30,000 after acquiring an additional 73 shares in the last quarter. ORG Partners LLC acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth about $31,000. BKM Wealth Management LLC bought a new position in shares of Cboe Global Markets during the 4th quarter valued at about $33,000. Finally, NBC Securities Inc. acquired a new position in shares of Cboe Global Markets in the 3rd quarter valued at approximately $29,000. Institutional investors own 81.73% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Oppenheimer reiterated an “outperform” rating and issued a $206.00 price target on shares of Cboe Global Markets in a report on Monday, May 6th. Bank of America increased their target price on Cboe Global Markets from $200.00 to $204.00 and gave the stock a “buy” rating in a report on Friday, April 19th. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $197.00 price target on shares of Cboe Global Markets in a report on Thursday, April 4th. Barclays increased their price objective on Cboe Global Markets from $211.00 to $215.00 and gave the stock an “overweight” rating in a report on Monday, May 6th. Finally, Rosenblatt Securities boosted their target price on Cboe Global Markets from $200.00 to $205.00 and gave the company a “buy” rating in a research note on Monday, May 6th. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $191.00.

View Our Latest Analysis on CBOE

Insiders Place Their Bets

In other news, EVP Catherine R. Clay sold 1,100 shares of the firm’s stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $185.06, for a total value of $203,566.00. Following the completion of the sale, the executive vice president now directly owns 4,656 shares of the company’s stock, valued at $861,639.36. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.51% of the company’s stock.

Cboe Global Markets Trading Down 0.5 %

BATS CBOE opened at $173.81 on Friday. Cboe Global Markets, Inc. has a 12 month low of $103.82 and a 12 month high of $139.00. 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 50 day moving average of $179.84 and a 200-day moving average of $181.43. The company has a market cap of $18.43 billion, a PE ratio of 89.59 and a beta of 0.61.

Cboe Global Markets (BATS:CBOEGet Free Report) last announced its quarterly earnings results on Friday, May 3rd. The company reported $2.15 EPS for the quarter, beating analysts’ consensus estimates of $2.04 by $0.11. The firm had revenue of $502.10 million during 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 company’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.90 earnings per share. On average, equities research analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Friday, May 31st will be issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date is Friday, May 31st. Cboe Global Markets’s payout ratio is currently 98.97%.

Cboe Global Markets Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Cboe Global Markets (BATS:CBOE)

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