Sequoia Financial Advisors LLC Raises Stock Holdings in Cboe Global Markets, Inc. $CBOE

Sequoia Financial Advisors LLC raised its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 152.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,192 shares of the company’s stock after acquiring an additional 3,739 shares during the period. Sequoia Financial Advisors LLC’s holdings in Cboe Global Markets were worth $1,554,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the stock. Gateway Investment Advisers LLC increased its position in shares of Cboe Global Markets by 542.0% during the 4th quarter. Gateway Investment Advisers LLC now owns 5,354 shares of the company’s stock valued at $1,344,000 after purchasing an additional 4,520 shares during the last quarter. Swedbank AB increased its position in shares of Cboe Global Markets by 0.4% during the 4th quarter. Swedbank AB now owns 108,784 shares of the company’s stock valued at $27,305,000 after purchasing an additional 381 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Cboe Global Markets by 5.2% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 221,205 shares of the company’s stock valued at $54,883,000 after purchasing an additional 10,893 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its position in shares of Cboe Global Markets by 147.3% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 21,256 shares of the company’s stock valued at $5,334,000 after purchasing an additional 12,660 shares during the last quarter. Finally, Garner Asset Management Corp bought a new position in shares of Cboe Global Markets during the 4th quarter valued at approximately $160,000. Institutional investors own 81.73% of the company’s stock.

Insider Buying and Selling at Cboe Global Markets

In other 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 transaction of $428,040.00. Following the transaction, the director owned 4,761 shares of the company’s stock, valued at approximately $1,358,598.96. This represents a 23.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Allen Wilkinson sold 248 shares of the stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $292.79, for a total value of $72,611.92. Following the transaction, the chief accounting officer directly owned 410 shares in the company, valued at $120,043.90. The trade was a 37.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 5,695 shares of company stock valued at $1,628,981 in the last quarter. 0.51% of the stock is owned by insiders.

Cboe Global Markets Stock Performance

Shares of Cboe Global Markets stock opened at $350.48 on Tuesday. The stock’s fifty day moving average is $298.84 and its two-hundred day moving average is $274.02. The company has a market capitalization of $37.17 billion, a PE ratio of 180.66 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, Inc. has a 52 week low of $212.75 and a 52 week high of $350.48.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings data on Friday, May 1st. The company reported $3.70 EPS for the quarter, beating the consensus estimate of $3.37 by $0.33. The company had revenue of $728.90 million for the quarter, compared to the consensus estimate of $688.36 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.Cboe Global Markets’s quarterly revenue was up 29.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.50 EPS. As a group, analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were given 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 is 98.97%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Argus raised Cboe Global Markets to a “hold” rating in a research report on Wednesday, March 11th. Loop Capital set a $382.00 target price on Cboe Global Markets in a research report on Monday, May 4th. Keefe, Bruyette & Woods boosted their target price on Cboe Global Markets from $300.00 to $335.00 and gave the company a “market perform” rating in a research report on Monday, May 4th. Morgan Stanley boosted their target price on Cboe Global Markets from $246.00 to $273.00 and gave the company an “underweight” rating in a research report on Friday, April 10th. Finally, Zacks Research raised Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $322.60.

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.