Machina Capital S.A.S. Invests $1.04 Million in Cboe Global Markets, Inc. (BATS:CBOE)

Machina Capital S.A.S. bought a new stake in Cboe Global Markets, Inc. (BATS:CBOE) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 5,838 shares of the company’s stock, valued at approximately $1,042,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Private Advisor Group LLC increased its stake in Cboe Global Markets by 28.2% during the fourth quarter. Private Advisor Group LLC now owns 2,721 shares of the company’s stock worth $486,000 after acquiring an additional 598 shares during the last quarter. Metis Global Partners LLC boosted its holdings in Cboe Global Markets by 21.1% in the fourth quarter. Metis Global Partners LLC now owns 6,342 shares of the company’s stock valued at $1,132,000 after purchasing an additional 1,103 shares during the last quarter. Sapient Capital LLC bought a new position in Cboe Global Markets during the 4th quarter worth approximately $450,000. M&T Bank Corp lifted its holdings in Cboe Global Markets by 6.4% during the 4th quarter. M&T Bank Corp now owns 3,102 shares of the company’s stock worth $554,000 after buying an additional 187 shares during the last quarter. Finally, Merit Financial Group LLC bought a new position in Cboe Global Markets during the 4th quarter worth approximately $350,000. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Dave Howson sold 5,322 shares of the stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $186.96, for a total transaction of $995,001.12. Following the sale, the executive vice president now directly owns 17,573 shares in the company, valued at approximately $3,285,448.08. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.51% of the stock is owned by corporate insiders.

Cboe Global Markets Stock Performance

Shares of Cboe Global Markets stock traded up $3.20 during trading on Tuesday, reaching $182.87. The company’s stock had a trading volume of 979,753 shares, compared to its average volume of 636,231. Cboe Global Markets, Inc. has a one year low of $103.82 and a one year high of $139.00. 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 firm has a market cap of $19.40 billion, a price-to-earnings ratio of 94.26 and a beta of 0.61. The business’s fifty day moving average price is $182.19 and its 200-day moving average price is $179.89.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings data on Friday, May 3rd. The company reported $2.15 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.11. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The business had revenue of $502.10 million during the quarter, compared to analysts’ expectations of $504.80 million. During the same quarter in the previous year, the firm earned $1.90 EPS. The firm’s revenue was up 6.5% compared to the same quarter last year. As a group, equities research analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were given a dividend of $0.55 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $2.20 dividend on an annualized basis and a yield of 1.20%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Oppenheimer reiterated an “outperform” rating and set a $206.00 price target on shares of Cboe Global Markets in a research report on Monday. Morgan Stanley restated an “equal weight” rating and issued a $199.00 target price (down from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Rosenblatt Securities increased their price target on Cboe Global Markets from $200.00 to $205.00 and gave the company a “buy” rating in a research note on Monday. Bank of America raised their price objective on Cboe Global Markets from $200.00 to $204.00 and gave the stock a “buy” rating in a research note on Friday, April 19th. Finally, Barclays raised their price objective on Cboe Global Markets from $211.00 to $215.00 and gave the stock an “overweight” rating in a research note on Monday. Seven analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $191.00.

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.