Cboe Global Markets, Inc. $CBOE Shares Sold by Prospector Partners LLC

Prospector Partners LLC reduced its position in Cboe Global Markets, Inc. (BATS:CBOE) by 88.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,775 shares of the company’s stock after selling 45,835 shares during the quarter. Cboe Global Markets makes up approximately 3.1% of Prospector Partners LLC’s investment portfolio, making the stock its 11th biggest position. Prospector Partners LLC’s holdings in Cboe Global Markets were worth $1,450,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sound Income Strategies LLC lifted its stake in shares of Cboe Global Markets by 102.2% in the 4th quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $25,000 after purchasing an additional 46 shares in the last quarter. Elyxium Wealth LLC acquired a new position in shares of Cboe Global Markets in the 4th quarter valued at about $33,000. Headlands Technologies LLC acquired a new position in shares of Cboe Global Markets in the 2nd quarter valued at about $31,000. Ameriflex Group Inc. lifted its stake in shares of Cboe Global Markets by 97.4% in the 3rd quarter. Ameriflex Group Inc. now owns 154 shares of the company’s stock valued at $38,000 after purchasing an additional 76 shares in the last quarter. Finally, MCF Advisors LLC lifted its stake in shares of Cboe Global Markets by 71.4% in the 4th quarter. MCF Advisors LLC now owns 180 shares of the company’s stock valued at $45,000 after purchasing an additional 75 shares in the last quarter. 81.73% of the stock is owned by institutional investors and hedge funds.

Cboe Global Markets Stock Performance

Cboe Global Markets stock opened at $294.91 on Monday. The stock’s 50 day moving average price is $317.77 and its 200 day moving average price is $287.28. The firm has a market capitalization of $31.28 billion, a PE ratio of 152.02 and a beta of 0.61. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. Cboe Global Markets, Inc. has a one year low of $223.54 and a one year high of $371.18.

Cboe Global Markets (BATS:CBOE) last released its quarterly 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 for 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%.Cboe Global Markets’s revenue for the quarter was up 29.0% on a year-over-year basis. During the same period in the previous year, the company posted $2.50 EPS. As a group, sell-side analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business 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. The ex-dividend date of this dividend is Friday, May 29th. This represents a $2.88 annualized dividend and a yield of 1.0%. Cboe Global Markets’s payout ratio is 98.97%.

Insider Transactions at Cboe Global Markets

In other Cboe Global Markets news, Director Janet P. Froetscher sold 1,223 shares of Cboe Global Markets stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $358.09, for a total transaction of $437,944.07. Following the sale, the director directly owned 13,807 shares in the company, valued at $4,944,148.63. The trade was a 8.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

CBOE has been the topic of several research analyst reports. Piper Sandler lifted their price objective 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. UBS Group lifted 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. Zacks Research raised Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 8th. Argus raised Cboe Global Markets to a “hold” rating in a research report on Wednesday, March 11th. Finally, Loop Capital set a $382.00 price target on Cboe Global Markets in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Cboe Global Markets currently has a consensus rating of “Hold” and a consensus price target 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.