Cboe Global Markets, Inc. $CBOE Shares Purchased by Smith Group Asset Management LLC

Smith Group Asset Management LLC raised its position in Cboe Global Markets, Inc. (BATS:CBOEFree Report) by 7.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 157,726 shares of the company’s stock after acquiring an additional 10,586 shares during the quarter. Cboe Global Markets makes up about 2.3% of Smith Group Asset Management LLC’s holdings, making the stock its 18th biggest holding. Smith Group Asset Management LLC owned about 0.15% of Cboe Global Markets worth $44,332,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Oregon Public Employees Retirement Fund lifted its position in shares of Cboe Global Markets by 0.3% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 11,993 shares of the company’s stock worth $3,371,000 after purchasing an additional 33 shares during the last quarter. Kendall Capital Management increased its holdings in 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 buying an additional 40 shares during the last quarter. SHUTTLEWORTH & Co increased its holdings in Cboe Global Markets by 0.5% in the fourth quarter. SHUTTLEWORTH & Co now owns 8,339 shares of the company’s stock valued at $2,093,000 after buying an additional 41 shares during the last quarter. Norinchukin Bank The raised its stake in Cboe Global Markets by 0.7% in 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 in the last quarter. Finally, IHT Wealth Management LLC raised its stake in 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 buying an additional 44 shares in the last quarter. Institutional investors and hedge funds own 81.73% of the company’s stock.

Analysts Set New Price Targets

CBOE has been the subject of a number of recent analyst reports. Zacks Research downgraded Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 8th. Loop Capital set a $288.00 target price on Cboe Global Markets in a research report on Tuesday. Piper Sandler decreased their target price on Cboe Global Markets from $355.00 to $320.00 and set an “overweight” rating for the company in a research note on Wednesday, July 15th. Morgan Stanley restated an “underweight” rating and set a $258.00 target price on shares of Cboe Global Markets in a research note on Friday, July 10th. Finally, TD Cowen upped their price target on Cboe Global Markets from $259.00 to $304.00 and gave the company a “hold” rating in a report on Monday, July 20th. Four equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $300.73.

Check Out Our Latest Analysis on Cboe Global Markets

Insider Buying and Selling

In other Cboe Global Markets news, Director Janet P. Froetscher sold 1,223 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $358.09, for a total value of $437,944.07. Following the completion of the sale, the director owned 13,807 shares in the company, valued at approximately $4,944,148.63. The trade was a 8.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is currently owned by company insiders.

Cboe Global Markets Stock Performance

BATS CBOE opened at $297.39 on Wednesday. The company has a fifty day moving average of $283.14 and a two-hundred day moving average of $289.80. The company has a market capitalization of $31.54 billion, a PE ratio of 153.29 and a beta of 0.61. Cboe Global Markets, Inc. has a 1 year low of $227.15 and a 1 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.

Cboe Global Markets (BATS:CBOEGet Free Report) last posted its earnings results on Friday, May 1st. The company reported $3.70 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $728.90 million for the quarter, compared to analysts’ expectations of $688.36 million. During the same quarter in the previous year, the firm earned $2.50 earnings per share. The business’s revenue was up 29.0% compared to the same quarter last year. As a group, analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were given a dividend of $0.72 per share. The ex-dividend date of this dividend was 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%.

About Cboe Global Markets

(Free Report)

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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Institutional Ownership by Quarter for Cboe Global Markets (BATS:CBOE)

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