Cidel Asset Management Inc. Purchases 8,402 Shares of Cboe Global Markets, Inc. $CBOE

Cidel Asset Management Inc. grew its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 11.8% during the first quarter, Holdings Channel reports. The institutional investor owned 79,369 shares of the company’s stock after purchasing an additional 8,402 shares during the quarter. Cboe Global Markets accounts for 1.2% of Cidel Asset Management Inc.’s holdings, making the stock its 27th largest holding. Cidel Asset Management Inc.’s holdings in Cboe Global Markets were worth $22,308,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Kendall Capital Management raised its position in shares of Cboe Global Markets by 0.5% in the fourth quarter. Kendall Capital Management now owns 8,862 shares of the company’s stock valued at $2,224,000 after purchasing an additional 40 shares during the period. SHUTTLEWORTH & Co grew its holdings in Cboe Global Markets by 0.5% during the 4th quarter. SHUTTLEWORTH & Co now owns 8,339 shares of the company’s stock valued at $2,093,000 after buying an additional 41 shares in the last quarter. Norinchukin Bank The increased its position in shares of Cboe Global Markets by 0.7% during the third quarter. Norinchukin Bank The now owns 5,884 shares of the company’s stock valued at $1,443,000 after buying an additional 42 shares during the period. Aprio Wealth Management LLC lifted its holdings in shares of Cboe Global Markets by 3.1% in the third quarter. Aprio Wealth Management LLC now owns 1,432 shares of the company’s stock worth $351,000 after buying an additional 43 shares in the last quarter. Finally, IHT Wealth Management LLC boosted its position in shares of Cboe Global Markets by 4.5% in 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 period. Institutional investors own 81.73% of the company’s stock.

Wall Street Analysts Forecast Growth

CBOE has been the topic of several recent analyst reports. UBS Group increased their target price 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. Loop Capital set a $263.00 target price on Cboe Global Markets in a research note on Monday. Barclays lifted their price target on Cboe Global Markets from $351.00 to $382.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. TD Cowen boosted 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. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Cboe Global Markets in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $310.70.

Cboe Global Markets Stock Up 0.6%

Shares of BATS CBOE opened at $257.42 on Wednesday. Cboe Global Markets, Inc. has a one year low of $223.54 and a one year high of $371.18. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The firm’s 50 day simple moving average is $313.07 and its two-hundred day simple moving average is $287.48. The stock has a market capitalization of $27.30 billion, a P/E ratio of 132.69 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last announced 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 during 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% on a year-over-year basis. During the same period in the previous year, the business posted $2.50 EPS. As a group, analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were given a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Friday, May 29th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

Insiders Place Their Bets

In other Cboe Global Markets news, Director Janet P. Froetscher sold 1,223 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $358.09, for a total transaction of $437,944.07. Following the completion of the sale, the director directly owned 13,807 shares in the company, valued at $4,944,148.63. This represents a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by corporate insiders.

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.