Goldman Sachs Group Inc. Has $183.75 Million Stake in Cboe Global Markets, Inc. $CBOE

Goldman Sachs Group Inc. lowered its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 10.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 732,055 shares of the company’s stock after selling 87,441 shares during the period. Goldman Sachs Group Inc. owned approximately 0.70% of Cboe Global Markets worth $183,746,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Cboe Global Markets by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 12,955,689 shares of the company’s stock valued at $3,251,878,000 after buying an additional 120,021 shares during the period. State Street Corp increased its stake in Cboe Global Markets by 2.1% during the 3rd quarter. State Street Corp now owns 4,996,816 shares of the company’s stock worth $1,225,469,000 after acquiring an additional 101,349 shares during the period. Geode Capital Management LLC raised its holdings in Cboe Global Markets by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 2,987,134 shares of the company’s stock valued at $750,940,000 after acquiring an additional 65,108 shares in the last quarter. Invesco Ltd. raised its holdings in Cboe Global Markets by 5.7% in the 3rd quarter. Invesco Ltd. now owns 1,826,104 shares of the company’s stock valued at $447,852,000 after acquiring an additional 98,089 shares in the last quarter. Finally, First Trust Advisors LP lifted its position in shares of Cboe Global Markets by 215.2% during the 3rd quarter. First Trust Advisors LP now owns 1,451,743 shares of the company’s stock valued at $356,040,000 after acquiring an additional 991,209 shares during the period. Institutional investors and hedge funds own 81.73% of the company’s stock.

Cboe Global Markets Stock Performance

BATS:CBOE opened at $281.91 on Monday. Cboe Global Markets, Inc. has a twelve month low of $218.14 and a twelve month high of $371.18. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. The stock’s 50-day simple moving average is $316.44 and its 200 day simple moving average is $285.96. The firm has a market capitalization of $29.90 billion, a PE ratio of 145.32 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last issued its earnings results on Friday, May 1st. The company reported $3.70 EPS for the quarter, topping the consensus estimate of $3.37 by $0.33. The firm 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 business’s quarterly revenue was up 29.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.50 earnings per share. On average, analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Friday, May 29th. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

Insider Transactions at Cboe Global Markets

In related news, Director Janet P. Froetscher sold 1,223 shares of the stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $358.09, for a total value of $437,944.07. Following the completion of the transaction, the director owned 13,807 shares of the company’s stock, valued at $4,944,148.63. This represents a 8.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

CBOE has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Cboe Global Markets in a report on Monday, May 4th. Erste Group Bank cut shares of Cboe Global Markets from a “buy” rating to a “hold” rating in a research report on Friday. Royal Bank Of Canada reiterated a “sector perform” rating and set a $303.00 price objective on shares of Cboe Global Markets in a research note on Monday, February 9th. Morgan Stanley upped their price target on shares of Cboe Global Markets from $246.00 to $273.00 and gave the stock an “underweight” rating in a report on Friday, April 10th. Finally, Argus upgraded shares of Cboe Global Markets to a “hold” rating in a research report on Wednesday, March 11th. Four research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $322.60.

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.