Sequoia Financial Advisors LLC Boosts Stake in Cboe Global Markets, Inc. (BATS:CBOE)

Sequoia Financial Advisors LLC increased its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOEFree Report) by 13.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,552 shares of the company’s stock after acquiring an additional 181 shares during the period. Sequoia Financial Advisors LLC’s holdings in Cboe Global Markets were worth $285,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Monument Capital Management acquired a new stake in shares of Cboe Global Markets in the 4th quarter worth approximately $215,000. Illinois Municipal Retirement Fund increased its position in shares of Cboe Global Markets by 30.8% in the fourth quarter. Illinois Municipal Retirement Fund now owns 8,004 shares of the company’s stock valued at $1,429,000 after buying an additional 1,883 shares in the last quarter. Accuvest Global Advisors acquired a new position in shares of Cboe Global Markets during the 4th quarter worth $345,000. McGuire Investment Group LLC raised its stake in shares of Cboe Global Markets by 0.9% during the 4th quarter. McGuire Investment Group LLC now owns 94,024 shares of the company’s stock worth $16,789,000 after buying an additional 867 shares during the last quarter. Finally, Seelaus Asset Management LLC purchased a new stake in shares of Cboe Global Markets in the 4th quarter worth about $352,000. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. Oppenheimer restated an “outperform” rating and set a $206.00 target price on shares of Cboe Global Markets in a report on Monday, May 6th. Barclays lifted their price objective on Cboe Global Markets from $211.00 to $215.00 and gave the stock an “overweight” rating in a research report on Monday, May 6th. Bank of America upped their target price on Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a research note on Friday, April 19th. Morgan Stanley reissued 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. Finally, Rosenblatt Securities upped their price objective on Cboe Global Markets from $200.00 to $205.00 and gave the company a “buy” rating in a research report on Monday, May 6th. 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 MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $191.00.

Get Our Latest Report on CBOE

Cboe Global Markets Trading Down 0.2 %

BATS CBOE opened at $168.41 on Wednesday. The company has a market cap of $17.86 billion, a P/E ratio of 86.81 and a beta of 0.61. Cboe Global Markets, Inc. has a 12 month low of $103.82 and a 12 month high of $139.00. 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 50-day moving average of $175.53 and a 200-day moving average of $180.24.

Cboe Global Markets (BATS:CBOEGet Free Report) last posted 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. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The company had revenue of $502.10 million for the quarter, compared to the consensus estimate of $504.80 million. During the same quarter last year, the firm posted $1.90 earnings per share. Cboe Global Markets’s revenue was up 6.5% on a year-over-year basis. As a group, equities analysts predict 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 declared a quarterly dividend, which was paid on Friday, June 14th. Shareholders of record on Friday, May 31st were given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date of this dividend was Friday, May 31st. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

Insiders Place Their Bets

In other news, EVP Catherine R. Clay sold 1,100 shares of Cboe Global Markets 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 transaction, the executive vice president now directly owns 4,656 shares of the company’s stock, valued at approximately $861,639.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, COO Christopher A. Isaacson sold 6,000 shares of the stock in a transaction on Friday, June 21st. The stock was 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 directly 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 the SEC website. Also, 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 transaction, the executive vice president now owns 4,656 shares in the company, valued at approximately $861,639.36. The disclosure for this sale can be found here. 0.51% of the stock is currently 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

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

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