Generali Asset Management SPA SGR Has $3.01 Million Position in Cboe Global Markets, Inc. $CBOE

Generali Asset Management SPA SGR raised its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 151.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,007 shares of the company’s stock after purchasing an additional 7,236 shares during the quarter. Generali Asset Management SPA SGR’s holdings in Cboe Global Markets were worth $3,014,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Kendall Capital Management grew its holdings in shares of Cboe Global Markets by 0.5% during the fourth quarter. Kendall Capital Management now owns 8,862 shares of the company’s stock valued at $2,224,000 after buying an additional 40 shares during the last quarter. Sagespring Wealth Partners LLC raised its holdings in shares of Cboe Global Markets by 4.1% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 1,060 shares of the company’s stock worth $260,000 after acquiring an additional 42 shares during the last quarter. Norinchukin Bank The raised its holdings in shares of Cboe Global Markets by 0.7% in the 3rd quarter. Norinchukin Bank The now owns 5,884 shares of the company’s stock worth $1,443,000 after acquiring an additional 42 shares during the last quarter. Aprio Wealth Management LLC lifted its position in Cboe Global Markets by 3.1% in the 3rd quarter. Aprio Wealth Management LLC now owns 1,432 shares of the company’s stock valued at $351,000 after acquiring an additional 43 shares in the last quarter. Finally, IHT Wealth Management LLC lifted its position in Cboe Global Markets by 4.5% in the 2nd quarter. IHT Wealth Management LLC now owns 1,021 shares of the company’s stock valued at $238,000 after acquiring an additional 44 shares in the last quarter. Institutional investors and hedge funds own 81.73% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on CBOE. Keefe, Bruyette & Woods boosted their price objective on Cboe Global Markets from $300.00 to $335.00 and gave the stock a “market perform” rating in a report on Monday, May 4th. Piper Sandler raised their target price on Cboe Global Markets from $295.00 to $321.00 and gave the company an “overweight” rating in a report on Wednesday, April 15th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $303.00 target price on shares of Cboe Global Markets in a research report on Monday, February 9th. TD Cowen upped their price target on Cboe Global Markets from $293.00 to $365.00 and gave the stock a “hold” rating in a report on Monday, May 4th. Finally, UBS Group increased their price target on Cboe Global Markets from $305.00 to $335.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Cboe Global Markets presently has a consensus rating of “Hold” and a consensus target price of $322.60.

Cboe Global Markets Trading Up 2.9%

BATS:CBOE opened at $348.56 on Friday. Cboe Global Markets, Inc. has a 52 week low of $212.75 and a 52 week high of $349.39. The firm has a 50-day moving average price of $296.54 and a two-hundred day moving average price of $272.41. 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 $36.97 billion, a price-to-earnings ratio of 179.67 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last announced its earnings results on Friday, May 1st. The company reported $3.70 earnings per share for the quarter, topping analysts’ consensus estimates of $3.37 by $0.33. The firm had revenue of $728.90 million for the quarter, compared to the consensus estimate of $688.36 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The company’s revenue was up 29.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.50 EPS. On average, equities 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 firm also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were given a $0.72 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a $2.88 annualized dividend and a yield of 0.8%. Cboe Global Markets’s payout ratio is currently 98.97%.

Insiders Place Their Bets

In other Cboe Global Markets news, CAO Allen Wilkinson sold 248 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $292.79, for a total value of $72,611.92. Following the completion of the transaction, the chief accounting officer owned 410 shares in the company, valued at $120,043.90. This represents a 37.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Alexander Matturri, Jr. sold 1,500 shares of the firm’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $285.36, for a total value of $428,040.00. Following the sale, the director directly owned 4,761 shares of the company’s stock, valued at approximately $1,358,598.96. This represents a 23.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 5,695 shares of company stock valued at $1,628,981. Insiders own 0.51% of the company’s stock.

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. 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.