Cboe Global Markets, Inc. (BATS:CBOE) Shares Purchased by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund boosted its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 30.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,004 shares of the company’s stock after acquiring an additional 1,883 shares during the period. Illinois Municipal Retirement Fund’s holdings in Cboe Global Markets were worth $1,429,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the business. FMR LLC grew its stake in Cboe Global Markets by 15.1% in the 3rd quarter. FMR LLC now owns 2,206,823 shares of the company’s stock valued at $344,728,000 after acquiring an additional 289,048 shares during the last quarter. Morgan Stanley grew its stake in Cboe Global Markets by 24.5% in the 3rd quarter. Morgan Stanley now owns 1,742,946 shares of the company’s stock valued at $272,266,000 after acquiring an additional 342,505 shares during the last quarter. Northern Trust Corp lifted its holdings in Cboe Global Markets by 6.0% in the 3rd quarter. Northern Trust Corp now owns 1,223,219 shares of the company’s stock valued at $191,079,000 after purchasing an additional 68,760 shares in the last quarter. Lord Abbett & CO. LLC lifted its holdings in Cboe Global Markets by 7.5% in the 3rd quarter. Lord Abbett & CO. LLC now owns 1,133,901 shares of the company’s stock valued at $177,127,000 after purchasing an additional 78,675 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Cboe Global Markets by 0.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 830,962 shares of the company’s stock valued at $129,805,000 after purchasing an additional 6,076 shares in the last quarter. 81.73% of the stock is owned by institutional investors and hedge funds.

Cboe Global Markets Stock Down 1.3 %

CBOE opened at $179.40 on Friday. The firm has a 50 day moving average price of $183.78 and a 200 day moving average price of $178.92. The company has a market cap of $19.03 billion, a PE ratio of 92.47 and a beta of 0.61. Cboe Global Markets, Inc. has a 1 year low of $103.82 and a 1 year high of $139.00. 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 (BATS:CBOE) last posted its earnings results on Friday, February 2nd. The company reported $2.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.02. The firm had revenue of $499.00 million during the quarter, compared to the consensus estimate of $510.65 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The company’s revenue was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.80 EPS. Sell-side 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 Friday, March 15th. Shareholders of record on Thursday, February 29th were given a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend was Wednesday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

Insider Buying and Selling at Cboe Global Markets

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

Wall Street Analysts Forecast Growth

CBOE has been the topic of a number of recent research reports. Rosenblatt Securities upped their target price on shares of Cboe Global Markets from $192.00 to $200.00 and gave the company a “buy” rating in a report on Monday, February 5th. Morgan Stanley restated an “equal weight” rating and issued a $199.00 target price (down from $211.00) on shares of Cboe Global Markets in a report on Tuesday, April 9th. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $197.00 target price on shares of Cboe Global Markets in a report on Thursday, April 4th. Barclays upped their target price on shares of Cboe Global Markets from $200.00 to $211.00 and gave the company an “overweight” rating in a report on Monday, April 8th. Finally, 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 report on Friday, January 12th. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus 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.