T. Rowe Price Investment Management Inc. decreased its position in shares of Cboe Global Markets, Inc. (BATS:CBOE – Free Report) by 6.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,228,571 shares of the company’s stock after selling 151,746 shares during the quarter. T. Rowe Price Investment Management Inc. owned about 2.13% of Cboe Global Markets worth $559,372,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sound Income Strategies LLC raised its stake in Cboe Global Markets by 102.2% during the fourth quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock worth $25,000 after buying an additional 46 shares during the last quarter. University of Texas Texas AM Investment Management Co. bought a new stake in Cboe Global Markets during the fourth quarter valued at $26,000. Headlands Technologies LLC acquired a new stake in Cboe Global Markets during the 2nd quarter worth about $31,000. Elyxium Wealth LLC acquired a new stake in Cboe Global Markets during the 4th quarter worth about $33,000. Finally, DV Equities LLC bought a new position in shares of Cboe Global Markets in the 4th quarter worth about $37,000. Institutional investors and hedge funds own 81.73% of the company’s stock.
Insiders Place Their Bets
In other Cboe Global Markets news, Director Janet P. Froetscher sold 1,223 shares of the firm’s stock in a transaction 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 transaction, 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.51% of the company’s stock.
Wall Street Analyst Weigh In
Read Our Latest Research Report on Cboe Global Markets
Cboe Global Markets Stock Performance
Shares of Cboe Global Markets stock opened at $249.10 on Friday. Cboe Global Markets, Inc. has a one year low of $223.54 and a one year high of $371.18. The firm has a market capitalization of $26.42 billion, a price-to-earnings ratio of 128.40 and a beta of 0.61. The business has a 50-day simple moving average of $315.58 and a 200 day simple moving average of $287.49. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21.
Cboe Global Markets (BATS:CBOE – Get Free Report) last released its quarterly earnings data on Friday, May 1st. The company reported $3.70 EPS for the quarter, beating the consensus estimate of $3.37 by $0.33. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The firm had revenue of $728.90 million during the quarter, compared to the consensus estimate of $688.36 million. During the same quarter in the previous year, the company posted $2.50 earnings per share. The company’s quarterly revenue was up 29.0% on a year-over-year basis. On average, research analysts anticipate that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.
Cboe Global Markets Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were issued a dividend of $0.72 per share. The ex-dividend date was Friday, May 29th. This represents a $2.88 annualized dividend and a yield of 1.2%. Cboe Global Markets’s dividend payout ratio is presently 98.97%.
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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