Dimensional Fund Advisors LP increased its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOE – Free Report) by 0.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 672,704 shares of the company’s stock after buying an additional 5,168 shares during the quarter. Dimensional Fund Advisors LP owned 0.63% of Cboe Global Markets worth $189,083,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently bought and sold shares of the business. Allspring Global Investments Holdings LLC boosted its position in Cboe Global Markets by 13.4% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 59,193 shares of the company’s stock valued at $14,686,000 after purchasing an additional 7,012 shares during the last quarter. Pacer Advisors Inc. increased its position in Cboe Global Markets by 36.6% in the 4th quarter. Pacer Advisors Inc. now owns 11,639 shares of the company’s stock worth $2,921,000 after purchasing an additional 3,119 shares during the last quarter. Brindle & Bay Financial Advisors LLC acquired a new position in Cboe Global Markets in the 4th quarter worth about $735,000. Robeco Institutional Asset Management B.V. lifted its holdings in shares of Cboe Global Markets by 3.6% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 453,753 shares of the company’s stock valued at $113,892,000 after buying an additional 15,648 shares during the last quarter. Finally, Bleakley Financial Group LLC acquired a new stake in shares of Cboe Global Markets during the 1st quarter valued at about $3,831,000. 81.73% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
CBOE has been the topic of a number of research reports. Barclays dropped their price objective on Cboe Global Markets from $382.00 to $347.00 and set an “overweight” rating on the stock in a report on Thursday, July 9th. Keefe, Bruyette & Woods boosted their target price on shares of Cboe Global Markets from $300.00 to $335.00 and gave the stock a “market perform” rating in a research report on Monday, May 4th. Piper Sandler decreased their target price on shares of Cboe Global Markets from $355.00 to $320.00 and set an “overweight” rating for the company in a research report on Wednesday, July 15th. Zacks Research lowered shares of Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 8th. Finally, Morgan Stanley restated an “underweight” rating and set a $258.00 price target on shares of Cboe Global Markets in a report on Friday, July 10th. Four research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $303.60.
Insider Transactions at Cboe Global Markets
In related 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 in the company, valued at approximately $4,944,148.63. This trade represents a 8.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.51% of the company’s stock.
Cboe Global Markets Stock Up 0.1%
Shares of CBOE stock opened at $285.07 on Friday. The stock’s 50 day simple moving average is $286.00 and its 200 day simple moving average is $288.96. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. Cboe Global Markets, Inc. has a twelve month low of $227.15 and a twelve month high of $371.18. The company has a market capitalization of $30.24 billion, a price-to-earnings ratio of 146.94 and a beta of 0.61.
Cboe Global Markets (BATS:CBOE – Get Free Report) last announced its earnings results on Friday, May 1st. The company reported $3.70 earnings per share (EPS) 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 analysts’ expectations of $688.36 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The company’s revenue was up 29.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.50 earnings per share. As a group, research analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.
Cboe Global Markets Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were issued a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Friday, May 29th. Cboe Global Markets’s dividend payout ratio is currently 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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