Park Avenue Securities LLC Has $3.26 Million Holdings in Cboe Global Markets, Inc. $CBOE

Park Avenue Securities LLC increased its position in Cboe Global Markets, Inc. (BATS:CBOE) by 37.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,993 shares of the company’s stock after acquiring an additional 3,574 shares during the quarter. Park Avenue Securities LLC’s holdings in Cboe Global Markets were worth $3,261,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Cboe Global Markets in the second quarter valued at about $324,234,000. First Trust Advisors LP increased its stake in shares of Cboe Global Markets by 215.2% in the third quarter. First Trust Advisors LP now owns 1,451,743 shares of the company’s stock worth $356,040,000 after purchasing an additional 991,209 shares during the period. Balyasny Asset Management L.P. lifted its position in shares of Cboe Global Markets by 1,340.0% during the 3rd quarter. Balyasny Asset Management L.P. now owns 749,658 shares of the company’s stock worth $183,854,000 after purchasing an additional 697,600 shares during the last quarter. Marshall Wace LLP bought a new stake in Cboe Global Markets during the 3rd quarter valued at approximately $107,052,000. Finally, Alliancebernstein L.P. boosted its stake in Cboe Global Markets by 4.1% during the 2nd quarter. Alliancebernstein L.P. now owns 9,854,571 shares of the company’s stock valued at $2,298,185,000 after purchasing an additional 390,034 shares during the period. Institutional investors and hedge funds own 81.73% of the company’s stock.

Cboe Global Markets Trading Down 0.2%

Cboe Global Markets stock opened at $283.95 on Monday. The business has a 50 day moving average price of $280.91 and a two-hundred day moving average price of $258.90. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. Cboe Global Markets, Inc. has a 12 month low of $200.88 and a 12 month high of $305.68. The stock has a market cap of $30.12 billion, a price-to-earnings ratio of 146.37 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings data on Friday, February 6th. The company reported $3.06 earnings per share for the quarter, topping the consensus estimate of $2.93 by $0.13. The company had revenue of $671.10 million for the quarter, compared to analyst estimates of $659.59 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. As a group, equities analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were paid a dividend of $0.72 per share. The ex-dividend date was Friday, February 27th. This represents a $2.88 dividend on an annualized basis and a yield of 1.0%. Cboe Global Markets’s payout ratio is currently 98.97%.

Wall Street Analyst Weigh In

Several research analysts have commented on CBOE shares. UBS Group reaffirmed a “neutral” rating and issued a $290.00 price target on shares of Cboe Global Markets in a research report on Monday, February 9th. Morgan Stanley increased their price objective on Cboe Global Markets from $221.00 to $240.00 and gave the company an “underweight” rating in a research report on Monday, December 22nd. Zacks Research upgraded shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. Barclays boosted their target price on shares of Cboe Global Markets from $295.00 to $317.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Finally, TD Cowen reiterated a “hold” rating on shares of Cboe Global Markets in a research note on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $279.00.

Insider Buying and Selling at Cboe Global Markets

In other news, Director Alexander Matturri, Jr. sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $285.36, for a total transaction of $428,040.00. Following the completion of the transaction, the director directly owned 4,761 shares of the company’s stock, valued at approximately $1,358,598.96. This trade represents a 23.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Edward J. Fitzpatrick sold 3,947 shares of Cboe Global Markets stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $285.87, for a total transaction of $1,128,328.89. Following the sale, the director owned 12,921 shares in the company, valued at approximately $3,693,726.27. This trade represents a 23.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 5,695 shares of company stock valued at $1,628,981 in the last 90 days. 0.51% of the stock is currently owned by company insiders.

About Cboe Global Markets

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. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.