Leonteq Securities AG Makes New $534,000 Investment in Cboe Global Markets, Inc. $CBOE

Leonteq Securities AG bought a new position in Cboe Global Markets, Inc. (BATS:CBOE) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,127 shares of the company’s stock, valued at approximately $534,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sound Income Strategies LLC boosted its stake 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 in the last quarter. Physician Wealth Advisors Inc. boosted its stake in Cboe Global Markets by 70.5% in the third quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock worth $33,000 after buying an additional 55 shares in the last quarter. Elyxium Wealth LLC purchased a new stake in Cboe Global Markets in the fourth quarter worth approximately $33,000. Headlands Technologies LLC purchased a new stake in Cboe Global Markets in the second quarter worth approximately $31,000. Finally, Ameriflex Group Inc. boosted its stake in Cboe Global Markets by 97.4% in the third quarter. Ameriflex Group Inc. now owns 154 shares of the company’s stock worth $38,000 after buying an additional 76 shares in the last quarter. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Insiders Place Their Bets

In related news, Director Janet P. Froetscher sold 1,223 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $358.09, for a total value of $437,944.07. Following the completion of the sale, the director owned 13,807 shares of the company’s stock, valued at $4,944,148.63. This trade represents a 8.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Allen Wilkinson sold 248 shares of the firm’s 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 completion of the sale, the chief accounting officer directly owned 410 shares of the company’s stock, 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. Company insiders own 0.51% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on CBOE. Argus raised Cboe Global Markets to a “hold” rating in a research note on Wednesday, March 11th. Keefe, Bruyette & Woods increased their price objective on 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. Morgan Stanley increased their price objective on Cboe Global Markets from $246.00 to $273.00 and gave the company an “underweight” rating in a research note on Friday, April 10th. Erste Group Bank began coverage on Cboe Global Markets in a research note on Tuesday, May 12th. They set a “buy” rating for the company. Finally, UBS Group increased their price objective on Cboe Global Markets from $305.00 to $335.00 and gave the company a “neutral” rating in a research note on Monday, May 4th. Five investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $322.60.

Cboe Global Markets Stock Performance

BATS:CBOE opened at $357.35 on Friday. The firm has a market cap of $37.90 billion, a PE ratio of 184.20 and a beta of 0.61. Cboe Global Markets, Inc. has a fifty-two week low of $218.14 and a fifty-two week high of $371.18. 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 business has a 50 day moving average price of $310.32 and a 200-day moving average price of $281.46.

Cboe Global Markets (BATS:CBOE) last released its quarterly earnings data on Friday, May 1st. The company reported $3.70 earnings per share for the quarter, beating analysts’ consensus estimates of $3.37 by $0.33. The firm had revenue of $728.90 million during the quarter, compared to analyst estimates of $688.36 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The business’s quarterly revenue was up 29.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.50 earnings per share. Equities research analysts predict 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 declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid a $0.72 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $2.88 dividend on an annualized basis and a yield of 0.8%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

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.