Healthcare of Ontario Pension Plan Trust Fund Raises Stake in Cboe Global Markets, Inc. $CBOE

Healthcare of Ontario Pension Plan Trust Fund grew its stake in Cboe Global Markets, Inc. (BATS:CBOEFree Report) by 2,430.8% in the first quarter, Holdings Channel reports. The fund owned 104,674 shares of the company’s stock after purchasing an additional 100,538 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Cboe Global Markets were worth $29,421,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Sound Income Strategies LLC boosted its position in shares of Cboe Global Markets by 102.2% during the 4th quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $25,000 after acquiring an additional 46 shares during the last quarter. University of Texas Texas AM Investment Management Co. purchased a new position in Cboe Global Markets during the fourth quarter worth about $26,000. NFSG Corp acquired a new position in Cboe Global Markets in the 1st quarter valued at about $31,000. Headlands Technologies LLC acquired a new position in Cboe Global Markets in the 2nd quarter valued at about $31,000. Finally, Elyxium Wealth LLC purchased a new stake in shares of Cboe Global Markets in the 4th quarter valued at approximately $33,000. 81.73% of the stock is owned by institutional investors and hedge funds.

Cboe Global Markets Price Performance

Cboe Global Markets stock opened at $285.07 on Monday. The company has a market capitalization of $30.24 billion, a PE ratio of 146.94 and a beta of 0.61. 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 fifty-two week low of $227.15 and a fifty-two week high of $371.18. The firm has a 50 day moving average price of $286.00 and a 200 day moving average price of $289.22.

Cboe Global Markets (BATS:CBOEGet Free Report) last released its quarterly 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 company had revenue of $728.90 million for the quarter, compared to analysts’ expectations of $688.36 million. During the same period in the prior year, the firm earned $2.50 earnings per share. The firm’s revenue was up 29.0% compared to the same quarter last year. Research analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share 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 $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Friday, May 29th. Cboe Global Markets’s payout ratio is currently 98.97%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on CBOE. UBS Group raised their price target on shares of Cboe Global Markets from $305.00 to $335.00 and gave the stock a “neutral” rating in a report on Monday, May 4th. Zacks Research cut Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Cboe Global Markets in a research report on Monday, May 4th. Erste Group Bank cut Cboe Global Markets from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. Finally, Keefe, Bruyette & Woods lifted their target price on Cboe Global Markets from $300.00 to $335.00 and gave the company a “market perform” rating in a research report on Monday, May 4th. Four investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $303.60.

Read Our Latest Stock Report on Cboe Global Markets

Insider Transactions at Cboe Global Markets

In related news, Director Janet P. Froetscher sold 1,223 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $358.09, for a total transaction of $437,944.07. Following the transaction, the director owned 13,807 shares of the company’s stock, valued at approximately $4,944,148.63. This represents a 8.14% decrease in their position. The transaction was disclosed in a legal 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.

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.

Further Reading

Want to see what other hedge funds are holding CBOE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cboe Global Markets, Inc. (BATS:CBOEFree Report).

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

Receive News & Ratings for Cboe Global Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cboe Global Markets and related companies with MarketBeat.com's FREE daily email newsletter.