Tredje AP fonden Has $37.37 Million Position in Cboe Global Markets, Inc. $CBOE

Tredje AP fonden raised its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 293.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 148,887 shares of the company’s stock after purchasing an additional 111,022 shares during the period. Tredje AP fonden’s holdings in Cboe Global Markets were worth $37,371,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Sound Income Strategies LLC raised its position in shares of Cboe Global Markets by 102.2% during the 4th quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $25,000 after acquiring an additional 46 shares during the last quarter. Headlands Technologies LLC bought a new position in shares of Cboe Global Markets in the 2nd quarter worth $31,000. Physician Wealth Advisors Inc. grew its stake 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 period. Elyxium Wealth LLC acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth $33,000. Finally, Ameriflex Group Inc. increased its holdings in Cboe Global Markets by 97.4% in the third quarter. Ameriflex Group Inc. now owns 154 shares of the company’s stock valued at $38,000 after purchasing an additional 76 shares during the last quarter. Institutional investors and hedge funds own 81.73% of the company’s stock.

Analyst Ratings Changes

CBOE has been the topic of several analyst reports. Loop Capital set a $382.00 target price on Cboe Global Markets in a research note on Monday, May 4th. Piper Sandler upped their price target on Cboe Global Markets from $295.00 to $321.00 and gave the company an “overweight” rating in a research note on Wednesday, April 15th. Zacks Research downgraded shares of Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 8th. Erste Group Bank assumed coverage on shares of Cboe Global Markets in a research note on Tuesday, May 12th. They set a “buy” rating on the stock. Finally, TD Cowen boosted their price objective on shares of Cboe Global Markets from $293.00 to $365.00 and gave the company a “hold” rating in a report on Monday, May 4th. Five equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Cboe Global Markets presently has an average rating of “Hold” and a consensus target price of $322.60.

Cboe Global Markets Stock Performance

CBOE stock opened at $366.28 on Tuesday. Cboe Global Markets, Inc. has a 1-year low of $218.14 and a 1-year high of $370.32. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. The firm has a market cap of $38.85 billion, a PE ratio of 188.81 and a beta of 0.61. The business’s 50-day moving average price is $305.06 and its two-hundred day moving average price is $278.39.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings results on Friday, May 1st. The company reported $3.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.37 by $0.33. The company had revenue of $728.90 million during 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%.The company’s revenue for the quarter was up 29.0% compared to the same quarter last year. During the same period in the prior year, the company earned $2.50 earnings per share. As a group, research analysts forecast 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 announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, May 29th. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Insiders Place Their Bets

In other news, Director Alexander Matturri, Jr. sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $285.36, for a total value of $428,040.00. Following the completion of the transaction, the director owned 4,761 shares in the company, valued at $1,358,598.96. This represents a 23.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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 transaction of $1,128,328.89. Following the sale, the director directly owned 12,921 shares of the company’s stock, valued at $3,693,726.27. This represents a 23.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 5,695 shares of company stock worth $1,628,981. Company insiders own 0.51% of the company’s stock.

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.