Generali Asset Management SPA SGR Raises Position in Cboe Global Markets, Inc. $CBOE

Generali Asset Management SPA SGR boosted its position in Cboe Global Markets, Inc. (BATS:CBOE) by 151.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,007 shares of the company’s stock after purchasing an additional 7,236 shares during the period. Generali Asset Management SPA SGR’s holdings in Cboe Global Markets were worth $3,014,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of CBOE. Sound Income Strategies LLC increased its position in Cboe Global Markets by 102.2% in the fourth quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock worth $25,000 after buying an additional 46 shares during the last quarter. Physician Wealth Advisors Inc. grew its stake in shares of Cboe Global Markets by 70.5% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock worth $33,000 after acquiring an additional 55 shares during the period. Headlands Technologies LLC bought a new position in shares of Cboe Global Markets during the 2nd quarter worth $31,000. Ameriflex Group Inc. increased its holdings in Cboe Global Markets by 97.4% in the 3rd quarter. Ameriflex Group Inc. now owns 154 shares of the company’s stock worth $38,000 after acquiring an additional 76 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC purchased a new stake in Cboe Global Markets in the 3rd quarter worth about $45,000. 81.73% of the stock is owned by institutional investors.

Insider Buying and Selling at Cboe Global Markets

In related 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 value of $428,040.00. Following the sale, the director owned 4,761 shares in the company, valued at approximately $1,358,598.96. This trade represents a 23.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Allen Wilkinson sold 248 shares of Cboe Global Markets stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $292.79, for a total value of $72,611.92. Following the sale, the chief accounting officer directly owned 410 shares of the company’s stock, valued at $120,043.90. This represents a 37.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 5,695 shares of company stock valued at $1,628,981 in the last three months. Company insiders own 0.51% of the company’s stock.

Analyst Ratings Changes

CBOE has been the topic of several recent research reports. Argus raised shares of Cboe Global Markets to a “hold” rating in a report on Wednesday, March 11th. Barclays lifted their target price on shares of Cboe Global Markets from $351.00 to $382.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Keefe, Bruyette & Woods upped their price target on shares of Cboe Global Markets from $300.00 to $335.00 and gave the company a “market perform” rating in a research note on Monday, May 4th. TD Cowen raised their price objective on shares of Cboe Global Markets from $293.00 to $365.00 and gave the stock a “hold” rating in a report on Monday, May 4th. Finally, Zacks Research upgraded shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Cboe Global Markets has an average rating of “Hold” and an average price target of $322.60.

Cboe Global Markets Stock Up 2.9%

CBOE stock opened at $348.56 on Friday. The stock has a 50-day simple moving average of $296.54 and a two-hundred day simple moving average of $272.41. Cboe Global Markets, Inc. has a twelve month low of $212.75 and a twelve month high of $349.39. The firm has a market capitalization of $36.97 billion, a PE ratio of 179.67 and a beta of 0.61. 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 (BATS:CBOE) last released its quarterly earnings data on Friday, May 1st. The company reported $3.70 EPS for the quarter, beating analysts’ consensus estimates of $3.37 by $0.33. The company had revenue of $728.90 million during the quarter, compared to analyst estimates of $688.36 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. Cboe Global Markets’s revenue was up 29.0% compared to the same quarter last year. During the same period last year, the business earned $2.50 earnings per share. On average, equities analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were issued a $0.72 dividend. This represents a $2.88 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Friday, February 27th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

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.