First Trust Direct Indexing L.P. Grows Stock Position in Cboe Global Markets, Inc. (BATS:CBOE)

First Trust Direct Indexing L.P. boosted its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 9.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,256 shares of the company’s stock after buying an additional 189 shares during the quarter. First Trust Direct Indexing L.P.’s holdings in Cboe Global Markets were worth $403,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of CBOE. Metis Global Partners LLC grew its holdings in Cboe Global Markets by 12.7% during the 3rd quarter. Metis Global Partners LLC now owns 5,239 shares of the company’s stock valued at $818,000 after purchasing an additional 592 shares during the last quarter. Exencial Wealth Advisors LLC raised its holdings in shares of Cboe Global Markets by 17.7% in the third quarter. Exencial Wealth Advisors LLC now owns 3,427 shares of the company’s stock worth $535,000 after buying an additional 516 shares during the period. Monument Capital Management bought a new stake in shares of Cboe Global Markets during the 4th quarter worth approximately $215,000. Illinois Municipal Retirement Fund grew its holdings in shares of Cboe Global Markets by 30.8% in the fourth quarter. Illinois Municipal Retirement Fund now owns 8,004 shares of the company’s stock worth $1,429,000 after purchasing an additional 1,883 shares during the last quarter. Finally, McGuire Investment Group LLC increased its stake in Cboe Global Markets by 0.9% in the 4th quarter. McGuire Investment Group LLC now owns 94,024 shares of the company’s stock worth $16,789,000 after buying an additional 867 shares during the period. Institutional investors own 81.73% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Rosenblatt Securities upped their target price on shares of Cboe Global Markets from $200.00 to $205.00 and gave the stock a “buy” rating in a research note on Monday. Morgan Stanley restated an “equal weight” rating and set a $199.00 price objective (down from $211.00) on shares of Cboe Global Markets in a report on Tuesday, April 9th. Keefe, Bruyette & Woods reiterated 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 raised their price target on Cboe Global Markets from $211.00 to $215.00 and gave the company an “overweight” rating in a research note on Monday. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $206.00 price objective on shares of Cboe Global Markets in a research note on Monday. 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 has an average rating of “Hold” and a consensus target price of $191.00.

Insiders Place Their Bets

In other news, EVP Dave Howson sold 5,322 shares of the firm’s stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $186.96, for a total value of $995,001.12. Following the completion of the transaction, the executive vice president now directly owns 17,573 shares in the company, valued at $3,285,448.08. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.51% of the stock is currently owned by insiders.

Cboe Global Markets Stock Performance

CBOE stock opened at $182.53 on Tuesday. 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 firm has a market cap of $19.36 billion, a price-to-earnings ratio of 94.09 and a beta of 0.61. The firm has a 50-day simple moving average of $182.47 and a two-hundred day simple moving average of $179.75. Cboe Global Markets, Inc. has a one year low of $103.82 and a one year high of $139.00.

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

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were given a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 1.21%. The ex-dividend date was Wednesday, February 28th. Cboe Global Markets’s payout ratio is 98.97%.

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.