Tredje AP fonden Has $37.37 Million Holdings in Cboe Global Markets, Inc. $CBOE

Tredje AP fonden raised its stake in Cboe Global Markets, Inc. (BATS:CBOE) by 293.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 148,887 shares of the company’s stock after purchasing an additional 111,022 shares during the period. Tredje AP fonden owned approximately 0.14% of Cboe Global Markets worth $37,371,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. First Trust Advisors LP increased its stake in Cboe Global Markets by 215.2% during the third quarter. First Trust Advisors LP now owns 1,451,743 shares of the company’s stock valued at $356,040,000 after acquiring an additional 991,209 shares during the period. Balyasny Asset Management L.P. increased its position in shares of Cboe Global Markets by 1,340.0% during the third quarter. Balyasny Asset Management L.P. now owns 749,658 shares of the company’s stock valued at $183,854,000 after purchasing an additional 697,600 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of Cboe Global Markets by 2,425.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 661,391 shares of the company’s stock valued at $166,009,000 after purchasing an additional 635,199 shares during the period. Marshall Wace LLP acquired a new position in shares of Cboe Global Markets in the third quarter valued at $107,052,000. Finally, Credit Agricole S A bought a new position in Cboe Global Markets in the third quarter worth $70,475,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Cboe Global Markets Price Performance

Shares of CBOE stock opened at $366.28 on Tuesday. The stock’s fifty day moving average is $305.06 and its 200-day moving average is $278.39. 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 52 week low of $218.14 and a 52 week high of $370.32. The stock has a market capitalization of $38.85 billion, a PE ratio of 188.81 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings results on Friday, May 1st. The company reported $3.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.37 by $0.33. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business had revenue of $728.90 million for the quarter, compared to the consensus estimate of $688.36 million. During the same quarter in the prior year, the company earned $2.50 EPS. The firm’s quarterly revenue was up 29.0% on a year-over-year basis. Equities research analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be paid a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, May 29th. Cboe Global Markets’s dividend payout ratio is 98.97%.

Insider Activity at Cboe Global Markets

In other news, Director Alexander Matturri, Jr. sold 1,500 shares of the business’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $285.36, for a total transaction of $428,040.00. Following the completion of the sale, the director owned 4,761 shares in the company, valued at $1,358,598.96. The trade was a 23.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Edward J. Fitzpatrick sold 3,947 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $285.87, for a total value of $1,128,328.89. Following the transaction, the director directly owned 12,921 shares in the company, valued at $3,693,726.27. This trade represents a 23.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 5,695 shares of company stock valued at $1,628,981 over the last quarter. Corporate insiders own 0.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on CBOE. Argus raised shares of Cboe Global Markets to a “hold” rating in a report on Wednesday, March 11th. Loop Capital set a $382.00 price target on shares of Cboe Global Markets in a research note on Monday, May 4th. TD Cowen upped their price objective on Cboe Global Markets from $293.00 to $365.00 and gave the company a “hold” rating in a research note on Monday, May 4th. Piper Sandler raised their target price on Cboe Global Markets from $295.00 to $321.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 15th. Finally, UBS Group upped their price target on Cboe Global Markets from $305.00 to $335.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. Five research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Cboe Global Markets presently has a consensus rating of “Hold” and a consensus target price of $322.60.

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.