Robeco Institutional Asset Management B.V. Purchases 15,648 Shares of Cboe Global Markets, Inc. $CBOE

Robeco Institutional Asset Management B.V. raised its position in Cboe Global Markets, Inc. (BATS:CBOE) by 3.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 453,753 shares of the company’s stock after purchasing an additional 15,648 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.43% of Cboe Global Markets worth $113,892,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Caprock Group LLC bought a new stake in Cboe Global Markets in the third quarter valued at approximately $4,156,000. Andra AP fonden increased its stake in Cboe Global Markets by 7.9% in the third quarter. Andra AP fonden now owns 124,200 shares of the company’s stock valued at $30,460,000 after purchasing an additional 9,100 shares in the last quarter. Nordea Investment Management AB increased its stake in Cboe Global Markets by 33.5% in the fourth quarter. Nordea Investment Management AB now owns 947,884 shares of the company’s stock valued at $239,625,000 after purchasing an additional 237,887 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Cboe Global Markets by 557.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 37,649 shares of the company’s stock valued at $9,070,000 after purchasing an additional 31,919 shares in the last quarter. Finally, Peak Financial Advisors LLC bought a new stake in Cboe Global Markets in the third quarter valued at approximately $2,074,000. Institutional investors own 81.73% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Zacks Research raised shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. Keefe, Bruyette & Woods initiated coverage on shares of Cboe Global Markets in a research report on Wednesday, April 8th. They set a “market perform” rating and a $300.00 price objective for the company. Morgan Stanley increased their price objective on shares of Cboe Global Markets from $246.00 to $273.00 and gave the stock an “underweight” rating in a research report on Friday. TD Cowen reissued a “hold” rating on shares of Cboe Global Markets in a research report on Thursday. Finally, UBS Group reissued a “neutral” rating and set a $290.00 price objective on shares of Cboe Global Markets in a research report on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Cboe Global Markets currently has an average rating of “Hold” and a consensus price target of $291.60.

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 value of $1,128,328.89. Following the completion of the transaction, the director owned 12,921 shares of the company’s stock, 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 document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Allen Wilkinson sold 248 shares of the firm’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $292.79, for a total transaction of $72,611.92. Following the completion of the transaction, the chief accounting officer directly owned 410 shares of the company’s stock, valued at approximately $120,043.90. This trade represents a 37.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 5,695 shares of company stock valued at $1,628,981. Corporate insiders own 0.51% of the company’s stock.

Cboe Global Markets Price Performance

Shares of CBOE stock opened at $295.95 on Monday. The firm has a fifty day moving average of $285.87 and a 200-day moving average of $264.29. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. Cboe Global Markets, Inc. has a 12-month low of $207.74 and a 12-month high of $305.68. The company has a market capitalization of $31.39 billion, a price-to-earnings ratio of 152.55 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings data on Friday, February 6th. The company reported $3.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.93 by $0.13. The company had revenue of $671.10 million during the quarter, compared to the consensus estimate of $659.59 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. As a group, equities research analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were given a $0.72 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a $2.88 dividend on an annualized basis and a yield of 1.0%. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

Cboe Global Markets Company 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.