Aberdeen Group plc Reduces Holdings in Cboe Global Markets, Inc. $CBOE

Aberdeen Group plc decreased its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 5.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 96,505 shares of the company’s stock after selling 5,274 shares during the period. Aberdeen Group plc owned approximately 0.09% of Cboe Global Markets worth $24,223,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Alliancebernstein L.P. boosted its position in shares of Cboe Global Markets by 4.1% during the second quarter. Alliancebernstein L.P. now owns 9,854,571 shares of the company’s stock valued at $2,298,185,000 after buying an additional 390,034 shares during the period. State Street Corp grew its stake in shares of Cboe Global Markets by 2.1% during the third quarter. State Street Corp now owns 4,996,816 shares of the company’s stock valued at $1,225,469,000 after buying an additional 101,349 shares during the last quarter. Invesco Ltd. raised its holdings in shares of Cboe Global Markets by 5.7% in the third quarter. Invesco Ltd. now owns 1,826,104 shares of the company’s stock worth $447,852,000 after buying an additional 98,089 shares during the period. First Trust Advisors LP raised its holdings 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 buying an additional 991,209 shares during the period. Finally, Northern Trust Corp lifted its stake in shares of Cboe Global Markets by 7.0% during the 3rd quarter. Northern Trust Corp now owns 1,410,188 shares of the company’s stock worth $345,849,000 after acquiring an additional 91,726 shares during the last quarter. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, Director Alexander Matturri, Jr. sold 1,500 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $285.36, for a total transaction of $428,040.00. Following the sale, the director 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Allen Wilkinson sold 248 shares of Cboe Global Markets stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $292.79, for a total value of $72,611.92. Following the completion of the transaction, the chief accounting officer owned 410 shares in the company, valued at $120,043.90. This represents a 37.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 5,695 shares of company stock valued at $1,628,981 over the last ninety days. 0.51% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Argus upgraded Cboe Global Markets to a “hold” rating in a report on Wednesday, March 11th. Zacks Research upgraded Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. Morgan Stanley lifted their target price on Cboe Global Markets from $221.00 to $240.00 and gave the stock an “underweight” rating in a research report on Monday, December 22nd. TD Cowen reissued a “hold” rating on shares of Cboe Global Markets in a research note on Wednesday, January 14th. Finally, Loop Capital set a $317.00 price target on shares of Cboe Global Markets in a report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $279.00.

Cboe Global Markets Price Performance

CBOE opened at $289.95 on Monday. The company has a market capitalization of $30.75 billion, a price-to-earnings ratio of 149.46 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 12-month low of $200.88 and a 12-month high of $305.68. The business’s fifty day simple moving average is $282.95 and its 200-day simple moving average is $262.23.

Cboe Global Markets (BATS:CBOE) last released its quarterly earnings data on Friday, February 6th. The company reported $3.06 earnings per share for the quarter, beating the consensus estimate of $2.93 by $0.13. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The firm had revenue of $671.10 million during the quarter, compared to the consensus estimate of $659.59 million. On average, equities research 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 firm also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders 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 dividend yield of 1.0%. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.97%.

Cboe Global Markets Profile

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.