Northern Trust Corp Sells 57,401 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

Northern Trust Corp decreased its position in shares of Cboe Global Markets, Inc. (BATS:CBOEFree Report) by 4.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,165,818 shares of the company’s stock after selling 57,401 shares during the quarter. Northern Trust Corp owned 1.10% of Cboe Global Markets worth $208,168,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of CBOE. Optiver Holding B.V. bought a new stake in Cboe Global Markets during the fourth quarter worth about $29,000. Farmers & Merchants Trust Co of Chambersburg PA bought a new position in shares of Cboe Global Markets in the fourth quarter worth about $30,000. Allworth Financial LP lifted 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 during the last quarter. ORG Partners LLC bought a new position in shares of Cboe Global Markets in the fourth quarter worth about $31,000. Finally, BKM Wealth Management LLC bought a new position in shares of Cboe Global Markets in the fourth quarter worth about $33,000. Institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Price Performance

CBOE opened at $172.68 on Monday. The firm’s fifty day moving average price is $179.61 and its two-hundred day moving average price is $181.44. 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 company has a market capitalization of $18.31 billion, a price-to-earnings ratio of 89.01 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.

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

Cboe Global Markets Announces Dividend

The business 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 $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend is Friday, May 31st. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.97%.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Rosenblatt Securities increased their target price on shares of Cboe Global Markets from $200.00 to $205.00 and gave the stock a “buy” rating in a report on Monday, May 6th. Oppenheimer reissued an “outperform” rating and issued a $206.00 target price on shares of Cboe Global Markets in a report on Monday, May 6th. Bank of America increased their target price on shares of Cboe Global Markets from $200.00 to $204.00 and gave the stock a “buy” rating in a report on Friday, April 19th. Barclays upped their price objective on Cboe Global Markets from $211.00 to $215.00 and gave the company an “overweight” rating in a research note on Monday, May 6th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a $199.00 price objective (down previously from $211.00) on shares of Cboe Global Markets in a research note on Tuesday, April 9th. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Cboe Global Markets presently has a consensus rating of “Hold” and an average price target of $191.00.

Check Out Our Latest Stock Analysis on Cboe Global Markets

Insider Buying and Selling

In related news, EVP Catherine R. Clay sold 1,100 shares of the business’s stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $185.06, for a total value of $203,566.00. Following the sale, the executive vice president now directly owns 4,656 shares in the company, valued at approximately $861,639.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.51% of the stock is owned by insiders.

Cboe Global Markets 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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