Cboe Global Markets, Inc. (BATS:CBOE) Shares Purchased by First Trust Direct Indexing L.P.

First Trust Direct Indexing L.P. increased its position in shares of Cboe Global Markets, Inc. (BATS:CBOEFree Report) by 17.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,644 shares of the company’s stock after purchasing an additional 388 shares during the period. First Trust Direct Indexing L.P.’s holdings in Cboe Global Markets were worth $486,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CBOE. Norges Bank acquired a new stake in Cboe Global Markets during the fourth quarter worth about $226,557,000. Perpetual Ltd acquired a new stake in Cboe Global Markets during the first quarter worth about $74,868,000. Morgan Stanley increased its position in Cboe Global Markets by 24.5% during the third quarter. Morgan Stanley now owns 1,742,946 shares of the company’s stock worth $272,266,000 after purchasing an additional 342,505 shares during the last quarter. Allianz Asset Management GmbH boosted its stake in Cboe Global Markets by 439.5% during the fourth quarter. Allianz Asset Management GmbH now owns 317,631 shares of the company’s stock worth $56,716,000 after buying an additional 258,753 shares during the period. Finally, Rheos Capital Works Inc. raised its stake in shares of Cboe Global Markets by 620.8% in the 4th quarter. Rheos Capital Works Inc. now owns 187,400 shares of the company’s stock valued at $33,462,000 after acquiring an additional 161,400 shares during the period. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $197.00 price objective on shares of Cboe Global Markets in a report on Thursday, April 4th. Bank of America lifted their price objective on shares of Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a report on Friday, April 19th. Rosenblatt Securities lifted their price objective on shares of Cboe Global Markets from $200.00 to $205.00 and gave the company a “buy” rating in a report on Monday, May 6th. Morgan Stanley reiterated an “equal weight” rating and set a $199.00 price target (down previously from $211.00) on shares of Cboe Global Markets in a report on Tuesday, April 9th. Finally, Barclays boosted their price target on shares of Cboe Global Markets from $211.00 to $215.00 and gave the stock an “overweight” rating in a report 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. Based on data from MarketBeat.com, Cboe Global Markets currently has an average rating of “Hold” and an average target price of $191.00.

Read Our Latest Stock Report on CBOE

Cboe Global Markets Stock Down 0.7 %

Shares of BATS:CBOE opened at $169.67 on Friday. The company has a market capitalization of $18.00 billion, a PE ratio of 87.46 and a beta of 0.61. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. Cboe Global Markets, Inc. has a twelve month low of $103.82 and a twelve month high of $139.00. The firm has a 50 day simple moving average of $176.01 and a 200-day simple moving average of $180.30.

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

Cboe Global Markets Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 31st were given a $0.55 dividend. The ex-dividend date was Friday, May 31st. This represents a $2.20 annualized dividend and a yield of 1.30%. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

Insider Activity at Cboe Global Markets

In related news, COO Christopher A. Isaacson sold 6,000 shares of the company’s stock in a transaction on Friday, June 21st. The shares were sold at an average price of $175.00, for a total value of $1,050,000.00. Following the completion of the sale, the chief operating officer now owns 51,855 shares in the company, valued at approximately $9,074,625. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Cboe Global Markets news, COO Christopher A. Isaacson sold 6,000 shares of the company’s stock in a transaction on Friday, June 21st. The shares were sold at an average price of $175.00, for a total transaction of $1,050,000.00. Following the completion of the transaction, the chief operating officer now owns 51,855 shares in the company, valued at approximately $9,074,625. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Catherine R. Clay sold 1,100 shares of the company’s stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $185.06, for a total transaction of $203,566.00. Following the transaction, the executive vice president now owns 4,656 shares of the company’s stock, valued at approximately $861,639.36. The disclosure for this sale can be found here. 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.

See Also

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

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