Handelsbanken Fonder AB Boosts Holdings in Cboe Global Markets, Inc. (BATS:CBOE)

Handelsbanken Fonder AB increased its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 83.2% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 41,513 shares of the company’s stock after buying an additional 18,859 shares during the quarter. Handelsbanken Fonder AB’s holdings in Cboe Global Markets were worth $7,417,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. NBC Securities Inc. bought a new stake in Cboe Global Markets in the 3rd quarter worth about $29,000. Farmers & Merchants Trust Co of Chambersburg PA bought a new stake in Cboe Global Markets in the 4th quarter worth about $30,000. Allworth Financial LP increased its holdings in Cboe Global Markets by 75.3% in the 4th quarter. Allworth Financial LP now owns 170 shares of the company’s stock worth $30,000 after buying an additional 73 shares in the last quarter. ORG Partners LLC bought a new stake in Cboe Global Markets in the 4th quarter worth about $31,000. Finally, BKM Wealth Management LLC bought a new stake in Cboe Global Markets in the 4th quarter worth about $33,000. 81.73% of the stock is currently owned by institutional investors.

Cboe Global Markets Trading Up 0.5 %

Shares of BATS:CBOE opened at $179.68 on Thursday. The stock has a 50 day moving average of $184.01 and a 200 day moving average of $178.78. The company has a market cap of $19.06 billion, a PE ratio of 92.62 and a beta of 0.61. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. Cboe Global Markets, Inc. has a 12-month low of $103.82 and a 12-month high of $139.00.

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

Cboe Global Markets Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were issued a $0.55 dividend. The ex-dividend date was Wednesday, February 28th. This represents a $2.20 dividend on an annualized basis and a yield of 1.22%. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Insider Buying and Selling

In related news, EVP Dave Howson sold 5,322 shares of the business’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 value 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 legal filing with the SEC, which can be accessed through the SEC website. 0.51% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Bank of America lifted their price objective on Cboe Global Markets from $200.00 to $204.00 and gave the stock a “buy” rating in a report on Friday, April 19th. Citigroup boosted their price target on Cboe Global Markets from $170.00 to $188.00 and gave the company a “neutral” rating in a research note on Friday, January 12th. Barclays boosted their price target on Cboe Global Markets from $200.00 to $211.00 and gave the company an “overweight” rating in a research note on Monday, April 8th. Rosenblatt Securities boosted their price target on Cboe Global Markets from $192.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, February 5th. Finally, Keefe, Bruyette & Woods restated a “market perform” rating and set a $197.00 price target on shares of Cboe Global Markets in a research note on Thursday, April 4th. Seven analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, Cboe Global Markets has an average rating of “Hold” and an average target price of $190.18.

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.