Nordea Investment Management AB Has $239.63 Million Holdings in Cboe Global Markets, Inc. $CBOE

Nordea Investment Management AB raised its stake in Cboe Global Markets, Inc. (BATS:CBOE) by 33.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 947,884 shares of the company’s stock after purchasing an additional 237,887 shares during the period. Nordea Investment Management AB owned approximately 0.91% of Cboe Global Markets worth $239,625,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Cboe Global Markets during the second quarter valued at about $324,234,000. First Trust Advisors LP grew its position in Cboe Global Markets by 215.2% during 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 in the last quarter. Balyasny Asset Management L.P. increased its stake in Cboe Global Markets by 1,340.0% during the third quarter. Balyasny Asset Management L.P. now owns 749,658 shares of the company’s stock valued at $183,854,000 after acquiring an additional 697,600 shares during the period. Marshall Wace LLP bought a new position in Cboe Global Markets during the third quarter valued at about $107,052,000. Finally, Alliancebernstein L.P. raised its holdings in Cboe Global Markets by 4.1% in the 2nd quarter. Alliancebernstein L.P. now owns 9,854,571 shares of the company’s stock valued at $2,298,185,000 after acquiring an additional 390,034 shares in the last quarter. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have commented on CBOE shares. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $303.00 price objective on shares of Cboe Global Markets in a research report on Monday, February 9th. Barclays boosted their price objective on Cboe Global Markets from $295.00 to $317.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Zacks Research upgraded Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. Piper Sandler raised their target price on Cboe Global Markets from $290.00 to $295.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. Finally, Morgan Stanley lifted their price target on shares of Cboe Global Markets from $221.00 to $240.00 and gave the stock an “underweight” rating in a research note on Monday, December 22nd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $279.00.

Insiders Place Their Bets

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 completion of the transaction, the director directly owned 4,761 shares in the company, valued at $1,358,598.96. This represents a 23.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Allen Wilkinson sold 248 shares of the business’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $292.79, for a total transaction of $72,611.92. Following the completion of the sale, the chief accounting officer owned 410 shares in the company, valued at $120,043.90. This represents a 37.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 5,695 shares of company stock worth $1,628,981 over the last three months. 0.51% of the stock is currently owned by corporate insiders.

Cboe Global Markets Stock Down 0.2%

BATS CBOE opened at $283.95 on Monday. Cboe Global Markets, Inc. has a 1-year low of $200.88 and a 1-year high of $305.68. The company has a market capitalization of $30.12 billion, a price-to-earnings ratio of 146.37 and a beta of 0.61. The stock’s 50 day moving average is $280.91 and its two-hundred day moving average is $258.90. 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 (BATS:CBOE) last issued its earnings results on Friday, February 6th. The company reported $3.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.93 by $0.13. The business had revenue of $671.10 million during the quarter, compared to analysts’ expectations of $659.59 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. Equities analysts forecast that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

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

Cboe Global Markets Company 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.