KBC Group NV increased its position in Cboe Global Markets, Inc. (BATS:CBOE – Free Report) by 112.0% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 40,670 shares of the company’s stock after acquiring an additional 21,483 shares during the period. KBC Group NV’s holdings in Cboe Global Markets were worth $11,432,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in CBOE. Sound Income Strategies LLC lifted its holdings in shares of Cboe Global Markets by 102.2% during the fourth 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. University of Texas Texas AM Investment Management Co. purchased a new position in shares of Cboe Global Markets during the fourth quarter valued at approximately $26,000. NFSG Corp bought a new position in Cboe Global Markets during the first quarter valued at approximately $31,000. Elyxium Wealth LLC purchased a new stake in Cboe Global Markets in the fourth quarter worth approximately $33,000. Finally, Headlands Technologies LLC purchased a new stake in Cboe Global Markets in the second quarter worth approximately $31,000. 81.73% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at Cboe Global Markets
In other news, Director Janet P. Froetscher sold 1,223 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $358.09, for a total value 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 filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
Read Our Latest Stock Analysis on Cboe Global Markets
Cboe Global Markets Stock Up 2.7%
Shares of CBOE stock opened at $281.80 on Thursday. The company’s fifty day simple moving average is $289.03 and its two-hundred day simple moving average is $288.73. Cboe Global Markets, Inc. has a 52 week low of $227.15 and a 52 week high of $371.18. The stock has a market cap of $29.89 billion, a P/E ratio of 145.26 and a beta of 0.61. 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 (BATS:CBOE – Get Free Report) last announced its quarterly earnings results on Friday, May 1st. The company reported $3.70 EPS for the quarter, beating analysts’ consensus estimates of $3.37 by $0.33. The company had revenue of $728.90 million during 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%.The firm’s revenue was up 29.0% on a year-over-year basis. During the same period in the prior year, the company earned $2.50 earnings per share. Analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.
Cboe Global Markets Dividend Announcement
The firm also recently disclosed 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 was Friday, May 29th. This represents a $2.88 annualized dividend and a yield of 1.0%. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.
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.
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