Desjardins Global Asset Management Inc. Has $193,000 Position in Cboe Global Markets, Inc. (BATS:CBOE)

Desjardins Global Asset Management Inc. boosted its position in Cboe Global Markets, Inc. (BATS:CBOE) by 18.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,082 shares of the company’s stock after purchasing an additional 165 shares during the period. Desjardins Global Asset Management Inc.’s holdings in Cboe Global Markets were worth $193,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its holdings in Cboe Global Markets by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 12,382,015 shares of the company’s stock worth $1,416,751,000 after purchasing an additional 185,967 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Cboe Global Markets by 3.4% in the 1st quarter. Geode Capital Management LLC now owns 2,398,830 shares of the company’s stock valued at $321,793,000 after buying an additional 79,184 shares during the last quarter. FMR LLC grew its position in shares of 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 buying an additional 289,048 shares during the last quarter. Morgan Stanley grew its position in shares of 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 buying an additional 342,505 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Cboe Global Markets in the 4th quarter valued at about $159,764,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on CBOE shares. Rosenblatt Securities upped their price target on Cboe Global Markets from $192.00 to $200.00 and gave the company a “buy” rating in a research report on Monday, February 5th. Morgan Stanley reiterated an “equal weight” rating and issued a $199.00 price target (down previously from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Barclays upped their price target on Cboe Global Markets from $200.00 to $211.00 and gave the company an “overweight” rating in a research report on Monday, April 8th. Oppenheimer upped their price target on 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, Keefe, Bruyette & Woods restated a “market perform” rating and set a $197.00 target price on shares of Cboe Global Markets in a research report on Thursday, April 4th. Seven analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $187.36.

Insider Buying and Selling

In related news, EVP Dave Howson sold 5,322 shares of the company’s stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $186.96, for a total transaction of $995,001.12. Following the transaction, the executive vice president now directly owns 17,573 shares of the company’s stock, valued at approximately $3,285,448.08. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.51% of the stock is owned by company insiders.

Cboe Global Markets Stock Up 0.3 %

CBOE stock opened at $177.51 on Friday. The stock’s 50 day simple moving average is $184.39 and its 200 day simple moving average is $178.07. Cboe Global Markets, Inc. has a fifty-two week low of $103.82 and a fifty-two week 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. The company has a market cap of $18.83 billion, a P/E ratio of 91.50 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings results on Friday, February 2nd. The company reported $2.06 earnings per share for the quarter, topping analysts’ consensus estimates of $2.04 by $0.02. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The business had revenue of $499.00 million for the quarter, compared to the consensus estimate of $510.65 million. During the same period in the prior year, the business earned $1.80 EPS. The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. On average, research analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were paid a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date of this dividend was Wednesday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.97%.

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.