Cboe Global Markets, Inc. $CBOE Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC decreased its stake in Cboe Global Markets, Inc. (BATS:CBOE) by 6.5% during the 4th quarter, Holdings Channel reports. The firm owned 91,368 shares of the company’s stock after selling 6,325 shares during the quarter. Natixis Advisors LLC’s holdings in Cboe Global Markets were worth $22,933,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Sound Income Strategies LLC grew its position in shares of Cboe Global Markets by 102.2% in the fourth quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $25,000 after purchasing an additional 46 shares during the period. Elyxium Wealth LLC acquired a new stake in shares of Cboe Global Markets in the fourth quarter valued at about $33,000. Headlands Technologies LLC acquired a new stake in shares of Cboe Global Markets in the second quarter valued at about $31,000. Ameriflex Group Inc. grew its position in shares of Cboe Global Markets by 97.4% in the third quarter. Ameriflex Group Inc. now owns 154 shares of the company’s stock valued at $38,000 after purchasing an additional 76 shares during the period. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of Cboe Global Markets in the third quarter valued at about $45,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Cboe Global Markets Stock Performance

Shares of CBOE stock opened at $281.91 on Friday. The firm’s 50 day moving average price is $316.44 and its 200-day moving average price is $285.76. 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 one year low of $218.14 and a one year high of $371.18. The firm has a market cap of $29.90 billion, a P/E ratio of 145.32 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings data on Friday, May 1st. The company reported $3.70 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 firm had revenue of $728.90 million for the quarter, compared to analyst estimates of $688.36 million. During the same period in the prior year, the business posted $2.50 EPS. The business’s revenue for the quarter was up 29.0% compared to the same quarter last year. As a group, equities research analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be issued a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, May 29th. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

Insider Activity at Cboe Global Markets

In other news, Director Janet P. Froetscher sold 1,223 shares of the company’s stock in a transaction that occurred 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 represents a 8.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.51% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on CBOE shares. Loop Capital set a $382.00 price target on shares of Cboe Global Markets in a research report on Monday, May 4th. Zacks Research lowered shares of Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 8th. Morgan Stanley boosted their price target on shares of Cboe Global Markets from $246.00 to $273.00 and gave the stock an “underweight” rating in a research report on Friday, April 10th. TD Cowen boosted their price target on shares of Cboe Global Markets from $293.00 to $365.00 and gave the stock a “hold” rating in a research report on Monday, May 4th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Cboe Global Markets in a research report on Monday, May 4th. Four equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $322.60.

Cboe Global Markets Company 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.