Cboe Global Markets, Inc. $CBOE Shares Acquired by Siemens Fonds Invest GmbH

Siemens Fonds Invest GmbH lifted its stake in Cboe Global Markets, Inc. (BATS:CBOE) by 21.4% during the third quarter, HoldingsChannel reports. The institutional investor owned 21,545 shares of the company’s stock after acquiring an additional 3,796 shares during the period. Siemens Fonds Invest GmbH’s holdings in Cboe Global Markets were worth $5,284,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Headlands Technologies LLC purchased a new stake in Cboe Global Markets in the second quarter valued at $31,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Cboe Global Markets during the second quarter worth about $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 purchasing an additional 55 shares during the last quarter. Ameriflex Group Inc. increased its position in shares of Cboe Global Markets by 97.4% during the third quarter. Ameriflex Group Inc. now owns 154 shares of the company’s stock worth $38,000 after purchasing an additional 76 shares in the last quarter. Finally, Dakota Community Bank & Trust NA acquired a new stake in shares of Cboe Global Markets during the third quarter worth about $42,000. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CBOE has been the subject of a number of research analyst reports. TD Cowen reissued a “hold” rating on shares of Cboe Global Markets in a research report on Wednesday, January 14th. Barclays lifted their price target on Cboe Global Markets from $295.00 to $317.00 and gave the stock 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. Loop Capital set a $317.00 price objective on Cboe Global Markets in a report on Monday, February 9th. Finally, Morgan Stanley raised their target price on shares of Cboe Global Markets from $221.00 to $240.00 and gave the stock an “underweight” rating in a research report on Monday, December 22nd. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Cboe Global Markets currently has an average rating of “Hold” and an average price target of $279.00.

Cboe Global Markets Stock Performance

BATS CBOE opened at $289.90 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. Cboe Global Markets, Inc. has a 52-week low of $200.88 and a 52-week high of $305.68. The business’s 50-day moving average price is $277.70 and its 200 day moving average price is $256.80. The firm has a market cap of $30.75 billion, a P/E ratio of 149.43 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings data on Friday, February 6th. The company reported $3.06 EPS for the quarter, beating the consensus estimate of $2.93 by $0.13. The firm had revenue of $671.10 million during the quarter, compared to the consensus estimate of $659.59 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. On average, equities research analysts expect 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 announced a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were issued a $0.72 dividend. The ex-dividend date of this dividend 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 presently 98.97%.

Insider Transactions at Cboe Global Markets

In other news, CAO Allen Wilkinson sold 248 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The stock was 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Edward J. Fitzpatrick sold 3,947 shares of the stock in a transaction 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 sale, the director directly owned 12,921 shares of the company’s stock, valued at approximately $3,693,726.27. This represents a 23.40% decrease in their ownership of the stock. 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 90 days. 0.51% of the stock is currently owned by insiders.

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.