Cboe Global Markets, Inc. $CBOE Shares Bought by Chesley Taft & Associates LLC

Chesley Taft & Associates LLC raised its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 6.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,660 shares of the company’s stock after acquiring an additional 1,893 shares during the quarter. Chesley Taft & Associates LLC’s holdings in Cboe Global Markets were worth $7,445,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Headlands Technologies LLC purchased a new position in Cboe Global Markets in the 2nd quarter valued at $31,000. Twin Peaks Wealth Advisors LLC acquired a new stake in Cboe Global Markets during the 2nd quarter worth $33,000. Physician Wealth Advisors Inc. grew its holdings in shares of Cboe Global Markets by 70.5% during the third quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock worth $33,000 after buying an additional 55 shares in the last quarter. Ameriflex Group Inc. raised its position in shares of Cboe Global Markets by 97.4% in the third quarter. Ameriflex Group Inc. now owns 154 shares of the company’s stock valued at $38,000 after buying an additional 76 shares during the last quarter. Finally, Dakota Community Bank & Trust NA acquired a new stake in shares of Cboe Global Markets in the third quarter valued at about $42,000. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Trading Down 2.4%

Shares of CBOE opened at $273.00 on Friday. Cboe Global Markets, Inc. has a 12-month low of $200.88 and a 12-month high of $305.68. The firm has a market capitalization of $28.95 billion, a P/E ratio of 140.72 and a beta of 0.61. The firm has a 50-day moving average price of $281.93 and a 200 day moving average price of $260.31. 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 EPS for the quarter, topping analysts’ consensus estimates of $2.93 by $0.13. The company had revenue of $671.10 million for the quarter, compared to the consensus estimate of $659.59 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. Sell-side analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were given a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, February 27th. Cboe Global Markets’s payout ratio is presently 98.97%.

Analyst Upgrades and Downgrades

CBOE has been the topic of a number of recent research reports. Royal Bank Of Canada restated a “sector perform” rating and set a $303.00 price target on shares of Cboe Global Markets in a research report on Monday, February 9th. UBS Group reiterated a “neutral” rating and issued a $290.00 price objective on shares of Cboe Global Markets in a report on Monday, February 9th. Argus raised shares of Cboe Global Markets to a “hold” rating in a research note on Wednesday, March 11th. TD Cowen restated a “hold” rating on shares of Cboe Global Markets in a report on Wednesday, January 14th. Finally, Zacks Research upgraded Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 30th. One 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Cboe Global Markets currently has an average rating of “Hold” and an average price target of $279.00.

Insider Activity

In related news, Director Edward J. Fitzpatrick sold 3,947 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $285.87, for a total value of $1,128,328.89. Following the transaction, the director directly owned 12,921 shares in the company, valued at approximately $3,693,726.27. This represents a 23.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Alexander Matturri, Jr. sold 1,500 shares of the firm’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $285.36, for a total value of $428,040.00. Following the sale, 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 SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 5,695 shares of company stock valued at $1,628,981. 0.51% of the stock is currently owned by company insiders.

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.