Lbp Am Sa Reduces Stock Position in Cboe Global Markets, Inc. $CBOE

Lbp Am Sa cut its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 22.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,126 shares of the company’s stock after selling 4,568 shares during the quarter. Lbp Am Sa’s holdings in Cboe Global Markets were worth $4,048,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Caprock Group LLC acquired a new position in shares of Cboe Global Markets in the 3rd quarter worth approximately $4,156,000. Andra AP fonden grew its position in shares of Cboe Global Markets by 7.9% in the 3rd quarter. Andra AP fonden now owns 124,200 shares of the company’s stock worth $30,460,000 after acquiring an additional 9,100 shares in the last quarter. Nordea Investment Management AB grew its position in shares of Cboe Global Markets by 33.5% in the 4th quarter. Nordea Investment Management AB now owns 947,884 shares of the company’s stock worth $239,625,000 after acquiring an additional 237,887 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of Cboe Global Markets by 557.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 37,649 shares of the company’s stock worth $9,070,000 after acquiring an additional 31,919 shares in the last quarter. Finally, Vest Financial LLC grew its position in shares of Cboe Global Markets by 25.7% in the 3rd quarter. Vest Financial LLC now owns 24,929 shares of the company’s stock worth $6,114,000 after acquiring an additional 5,100 shares in the last quarter. 81.73% of the stock is currently owned by hedge funds and other institutional investors.

Cboe Global Markets Stock Performance

Shares of CBOE stock opened at $299.94 on Friday. Cboe Global Markets, Inc. has a 1-year low of $207.74 and a 1-year high of $309.87. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $31.81 billion, a price-to-earnings ratio of 154.61 and a beta of 0.61. The stock’s fifty day simple moving average is $289.14 and its 200-day simple moving average is $266.05.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings results on Friday, February 6th. The company reported $3.06 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $671.10 million for the quarter, compared to the consensus estimate of $659.59 million. On average, sell-side analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were issued 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 payout ratio is currently 98.97%.

Insider Activity

In other Cboe Global Markets news, Director Alexander Matturri, Jr. sold 1,500 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $285.36, for a total value of $428,040.00. Following the transaction, the director owned 4,761 shares in the company, valued at $1,358,598.96. The trade was a 23.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Edward J. Fitzpatrick sold 3,947 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $285.87, for a total value of $1,128,328.89. Following the completion of the transaction, the director owned 12,921 shares in the company, valued at $3,693,726.27. This trade represents a 23.40% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 5,695 shares of company stock worth $1,628,981. 0.51% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have recently commented on CBOE. Piper Sandler lifted their target price on Cboe Global Markets from $295.00 to $321.00 and gave the stock an “overweight” rating in a research report on Wednesday. TD Cowen restated a “hold” rating on shares of Cboe Global Markets in a research report on Thursday, April 9th. Loop Capital set a $293.00 price target on Cboe Global Markets in a research report on Thursday, April 9th. Barclays boosted their price target on Cboe Global Markets from $317.00 to $351.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 8th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $303.00 price objective on shares of Cboe Global Markets in a research note on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $294.20.

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.