Arbejdsmarkedets Tillaegspension Makes New $23.05 Million Investment in Cboe Global Markets, Inc. $CBOE

Arbejdsmarkedets Tillaegspension bought a new position in Cboe Global Markets, Inc. (BATS:CBOE) during the fourth quarter, Holdings Channel.com reports. The fund bought 91,818 shares of the company’s stock, valued at approximately $23,046,000.

A number of other hedge funds have also added to or reduced their stakes in CBOE. Kendall Capital Management lifted its position in shares of Cboe Global Markets by 0.5% in the 4th quarter. Kendall Capital Management now owns 8,862 shares of the company’s stock worth $2,224,000 after purchasing an additional 40 shares during the period. Sagespring Wealth Partners LLC lifted its position in shares of Cboe Global Markets by 4.1% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 1,060 shares of the company’s stock worth $260,000 after purchasing an additional 42 shares during the period. Norinchukin Bank The lifted its position in shares of Cboe Global Markets by 0.7% in the 3rd quarter. Norinchukin Bank The now owns 5,884 shares of the company’s stock worth $1,443,000 after purchasing an additional 42 shares during the period. Aprio Wealth Management LLC lifted its position in Cboe Global Markets by 3.1% during the third quarter. Aprio Wealth Management LLC now owns 1,432 shares of the company’s stock valued at $351,000 after acquiring an additional 43 shares during the last quarter. Finally, IHT Wealth Management LLC lifted its position in Cboe Global Markets by 4.5% during the second quarter. IHT Wealth Management LLC now owns 1,021 shares of the company’s stock valued at $238,000 after acquiring an additional 44 shares during the last quarter. 81.73% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. TD Cowen increased their target price on shares of Cboe Global Markets from $293.00 to $365.00 and gave the company a “hold” rating in a research report on Monday, May 4th. Piper Sandler upped their price target on shares of Cboe Global Markets from $295.00 to $321.00 and gave the company an “overweight” rating in a research note on Wednesday, April 15th. Loop Capital set a $382.00 price target on shares of Cboe Global Markets in a research note on Monday, May 4th. Royal Bank Of Canada restated a “sector perform” rating and set a $303.00 price target on shares of Cboe Global Markets in a research note on Monday, February 9th. Finally, Argus upgraded shares of Cboe Global Markets to a “hold” rating in a research note on Wednesday, March 11th. Five equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Cboe Global Markets currently has a consensus rating of “Hold” and an average price target of $322.60.

Cboe Global Markets Stock Up 1.2%

BATS:CBOE opened at $363.02 on Friday. The firm has a market capitalization of $38.50 billion, a P/E ratio of 187.12 and a beta of 0.61. Cboe Global Markets, Inc. has a 1-year low of $217.85 and a 1-year high of $367.91. The company’s fifty day moving average price is $303.68 and its 200-day moving average price is $277.22. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21.

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, topping analysts’ consensus estimates of $3.37 by $0.33. The firm had revenue of $728.90 million for 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%. 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 business earned $2.50 earnings per share. As a group, equities research analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be given a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 0.8%. The ex-dividend date is Friday, May 29th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.97%.

Insider Activity at Cboe Global Markets

In related news, Director Edward J. Fitzpatrick sold 3,947 shares of the firm’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $285.87, for a total transaction of $1,128,328.89. Following the sale, the director owned 12,921 shares in the company, valued at approximately $3,693,726.27. This trade represents a 23.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Alexander Matturri, Jr. sold 1,500 shares of the firm’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $285.36, for a total transaction of $428,040.00. Following the sale, the director owned 4,761 shares in the company, valued at approximately $1,358,598.96. This represents a 23.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 5,695 shares of company stock worth $1,628,981. 0.51% of the stock is owned by company insiders.

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.