MUFG Securities EMEA plc boosted its holdings in Cboe Global Markets, Inc. (BATS:CBOE – Free Report) by 1,223.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 26,493 shares of the company’s stock after acquiring an additional 24,491 shares during the period. MUFG Securities EMEA plc’s holdings in Cboe Global Markets were worth $6,650,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC boosted its stake 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 worth $25,000 after purchasing an additional 46 shares during the last quarter. Physician Wealth Advisors Inc. boosted its stake in shares of Cboe Global Markets by 70.5% during the 3rd 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 last quarter. Elyxium Wealth LLC acquired a new stake in shares of Cboe Global Markets during the 4th quarter worth about $33,000. Headlands Technologies LLC acquired a new stake in shares of Cboe Global Markets during the 2nd quarter worth about $31,000. Finally, Ameriflex Group Inc. boosted its stake in shares of Cboe Global Markets by 97.4% during the 3rd quarter. Ameriflex Group Inc. now owns 154 shares of the company’s stock worth $38,000 after purchasing an additional 76 shares during the last quarter. 81.73% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In related news, Director Janet P. Froetscher sold 1,223 shares of the firm’s 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 sale, the director directly owned 13,807 shares of the company’s stock, valued at approximately $4,944,148.63. This trade represents a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.51% of the company’s stock.
Cboe Global Markets Price Performance
Cboe Global Markets (BATS:CBOE – Get Free Report) last released its 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. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business had revenue of $728.90 million for the quarter, compared to analysts’ expectations of $688.36 million. During the same period last year, the company earned $2.50 earnings per share. The company’s quarterly revenue was up 29.0% on a year-over-year basis. As a group, sell-side analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.
Cboe Global Markets Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be given a $0.72 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $2.88 annualized dividend and a dividend yield of 0.9%. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.97%.
Wall Street Analysts Forecast Growth
Several equities research analysts have issued reports on the stock. Loop Capital set a $382.00 price target on shares of Cboe Global Markets in a research note on Monday, May 4th. Keefe, Bruyette & Woods raised their price target on shares of Cboe Global Markets from $300.00 to $335.00 and gave the stock a “market perform” rating in a research note on Monday, May 4th. UBS Group raised their price target on shares of Cboe Global Markets from $305.00 to $335.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Barclays raised their price target on shares of Cboe Global Markets from $351.00 to $382.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Finally, TD Cowen raised their price target on shares of Cboe Global Markets from $293.00 to $365.00 and gave the stock a “hold” rating in a research note on Monday, May 4th. Five 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 company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $322.60.
View Our Latest Stock Analysis on CBOE
About Cboe Global Markets
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.
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