Caxton Associates LLP Invests $989,000 in Cboe Global Markets, Inc. $CBOE

Caxton Associates LLP bought a new position in shares of Cboe Global Markets, Inc. (BATS:CBOE) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,517 shares of the company’s stock, valued at approximately $989,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Sei Investments Co. grew its position in shares of Cboe Global Markets by 7.1% in the 1st quarter. Sei Investments Co. now owns 69,859 shares of the company’s stock valued at $19,632,000 after buying an additional 4,640 shares during the last quarter. Lido Advisors LLC lifted its position in Cboe Global Markets by 1.1% in the first quarter. Lido Advisors LLC now owns 23,752 shares of the company’s stock valued at $6,676,000 after acquiring an additional 256 shares during the last quarter. Cetera Investment Advisers lifted its position in Cboe Global Markets by 1.3% in the first quarter. Cetera Investment Advisers now owns 65,442 shares of the company’s stock valued at $18,394,000 after acquiring an additional 822 shares during the last quarter. Measured Wealth Private Client Group LLC boosted its stake in Cboe Global Markets by 441.3% in the first quarter. Measured Wealth Private Client Group LLC now owns 996 shares of the company’s stock valued at $280,000 after acquiring an additional 812 shares in the last quarter. Finally, CI Investments Inc. acquired a new position in Cboe Global Markets in the first quarter valued at $302,000. 81.73% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Cboe Global Markets

In other Cboe Global Markets news, Director Janet P. Froetscher sold 1,223 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $358.09, for a total transaction of $437,944.07. Following the completion of the sale, the director directly owned 13,807 shares of the company’s stock, valued at $4,944,148.63. This represents a 8.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by company insiders.

Cboe Global Markets Stock Performance

Shares of Cboe Global Markets stock opened at $285.07 on Monday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. The company has a market capitalization of $30.24 billion, a P/E ratio of 146.94 and a beta of 0.61. Cboe Global Markets, Inc. has a 1 year low of $227.15 and a 1 year high of $371.18. The company’s fifty day moving average is $286.00 and its two-hundred day moving average is $289.22.

Cboe Global Markets (BATS:CBOE) last announced its earnings results on Friday, May 1st. The company reported $3.70 EPS for the quarter, beating analysts’ consensus estimates of $3.37 by $0.33. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business had revenue of $728.90 million during the quarter, compared to analysts’ expectations of $688.36 million. During the same period in the prior year, the company earned $2.50 earnings per share. The business’s revenue was up 29.0% compared to the same quarter last year. Analysts forecast that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were given a $0.72 dividend. This represents a $2.88 annualized dividend and a yield of 1.0%. The ex-dividend date was Friday, May 29th. Cboe Global Markets’s payout ratio is 98.97%.

Analyst Ratings Changes

Several brokerages have issued reports on CBOE. TD Cowen raised their price objective on Cboe Global Markets from $259.00 to $304.00 and gave the stock a “hold” rating in a report on Monday, July 20th. Erste Group Bank downgraded Cboe Global Markets from a “buy” rating to a “hold” rating in a report on Friday, June 5th. UBS Group upped their target price on Cboe Global Markets from $305.00 to $335.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. Morgan Stanley restated an “underweight” rating and set a $258.00 price target on shares of Cboe Global Markets in a research note on Friday, July 10th. Finally, Piper Sandler cut their price target on Cboe Global Markets from $355.00 to $320.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 15th. Four investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $303.60.

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.