Amalgamated Bank Has $6.22 Million Stock Position in Cboe Global Markets, Inc. (BATS:CBOE)

Amalgamated Bank reduced its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 1.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,844 shares of the company’s stock after selling 473 shares during the period. Amalgamated Bank’s holdings in Cboe Global Markets were worth $6,222,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Los Angeles Capital Management LLC boosted its holdings in shares of Cboe Global Markets by 120.5% during the fourth quarter. Los Angeles Capital Management LLC now owns 285,616 shares of the company’s stock worth $51,000,000 after purchasing an additional 156,109 shares during the period. First Horizon Advisors Inc. increased its stake in shares of Cboe Global Markets by 8,642.9% in the fourth quarter. First Horizon Advisors Inc. now owns 612 shares of the company’s stock worth $109,000 after acquiring an additional 605 shares during the last quarter. First Trust Direct Indexing L.P. grew its stake in Cboe Global Markets by 9.1% in the fourth quarter. First Trust Direct Indexing L.P. now owns 2,256 shares of the company’s stock valued at $403,000 after purchasing an additional 189 shares in the last quarter. RB Capital Management LLC acquired a new position in Cboe Global Markets in the 4th quarter worth about $387,000. Finally, Mach 1 Financial Group LLC purchased a new stake in shares of Cboe Global Markets during the 4th quarter worth about $1,103,000. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Price Performance

Shares of CBOE stock opened at $179.67 on Monday. The stock’s fifty day moving average is $182.47 and its 200-day moving average is $179.75. 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 $103.82 and a 52 week high of $139.00. The stock has a market capitalization of $19.06 billion, a PE ratio of 92.61 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last released its quarterly earnings results on Friday, May 3rd. The company reported $2.15 EPS for the quarter, beating the consensus estimate of $2.04 by $0.11. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business had revenue of $502.10 million for the quarter, compared to analysts’ expectations of $504.80 million. During the same period in the prior year, the firm earned $1.90 earnings per share. Cboe Global Markets’s revenue was up 6.5% compared to the same quarter last year. Equities research analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were given a $0.55 dividend. The ex-dividend date was Wednesday, February 28th. This represents a $2.20 dividend on an annualized basis and a yield of 1.22%. Cboe Global Markets’s payout ratio is 98.97%.

Insiders Place Their Bets

In other news, EVP Dave Howson sold 5,322 shares of Cboe Global Markets stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $186.96, for a total transaction of $995,001.12. Following the completion of the sale, the executive vice president now owns 17,573 shares in the company, valued at approximately $3,285,448.08. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.51% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Barclays raised their price objective on shares of Cboe Global Markets from $200.00 to $211.00 and gave the company an “overweight” rating in a research report on Monday, April 8th. Citigroup upped their target price on shares of Cboe Global Markets from $170.00 to $188.00 and gave the company a “neutral” rating in a research note on Friday, January 12th. Morgan Stanley reissued an “equal weight” rating and set a $199.00 price objective (down previously from $211.00) on shares of Cboe Global Markets in a report on Tuesday, April 9th. Oppenheimer lifted their target price on shares of Cboe Global Markets from $201.00 to $206.00 and gave the company an “outperform” rating in a research report on Monday, February 5th. Finally, Rosenblatt Securities increased their price target on shares of Cboe Global Markets from $192.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, February 5th. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Cboe Global Markets currently has an average rating of “Hold” and a consensus price target of $190.18.

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.