Leonteq Securities AG Invests $534,000 in Cboe Global Markets, Inc. $CBOE

Leonteq Securities AG purchased a new position in Cboe Global Markets, Inc. (BATS:CBOE) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,127 shares of the company’s stock, valued at approximately $534,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Cboe Global Markets by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 12,955,689 shares of the company’s stock worth $3,251,878,000 after buying an additional 120,021 shares in the last quarter. State Street Corp lifted its holdings in shares of Cboe Global Markets by 2.1% in the third quarter. State Street Corp now owns 4,996,816 shares of the company’s stock worth $1,225,469,000 after buying an additional 101,349 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Cboe Global Markets by 5.7% in the third quarter. Invesco Ltd. now owns 1,826,104 shares of the company’s stock worth $447,852,000 after buying an additional 98,089 shares in the last quarter. First Trust Advisors LP lifted its holdings in shares of Cboe Global Markets by 215.2% in the third quarter. First Trust Advisors LP now owns 1,451,743 shares of the company’s stock worth $356,040,000 after buying an additional 991,209 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Cboe Global Markets by 7.0% in the third quarter. Northern Trust Corp now owns 1,410,188 shares of the company’s stock worth $345,849,000 after buying an additional 91,726 shares in the last quarter. 81.73% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on CBOE shares. Zacks Research downgraded shares of Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a report on Friday, May 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Cboe Global Markets in a report on Monday, May 4th. Erste Group Bank began coverage on shares of Cboe Global Markets in a research report on Tuesday, May 12th. They issued a “buy” rating on the stock. Keefe, Bruyette & Woods upped their price objective on shares of Cboe Global Markets from $300.00 to $335.00 and gave the stock a “market perform” rating in a research report on Monday, May 4th. Finally, Morgan Stanley upped their price objective 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. Five equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Cboe Global Markets has a consensus rating of “Hold” and a consensus target price of $322.60.

Cboe Global Markets Stock Up 1.5%

CBOE stock opened at $357.35 on Friday. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. The company’s 50 day moving average is $310.32 and its 200 day moving average is $281.46. The stock has a market cap of $37.90 billion, a price-to-earnings ratio of 184.20 and a beta of 0.61. Cboe Global Markets, Inc. has a 1-year low of $218.14 and a 1-year high of $371.18.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings data on Friday, May 1st. The company reported $3.70 earnings per share for the quarter, topping the consensus estimate of $3.37 by $0.33. The company had revenue of $728.90 million for the quarter, compared to analysts’ expectations of $688.36 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. Cboe Global Markets’s revenue for the quarter was up 29.0% compared to the same quarter last year. During the same period in the prior year, the business earned $2.50 earnings per share. Sell-side analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be given a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, May 29th. Cboe Global Markets’s dividend payout ratio is 98.97%.

Insider Activity at Cboe Global Markets

In related news, CAO Allen Wilkinson sold 248 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $292.79, for a total value of $72,611.92. Following the transaction, the chief accounting officer directly owned 410 shares in the company, valued at approximately $120,043.90. This represents a 37.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Janet P. Froetscher sold 1,223 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $358.09, for a total value of $437,944.07. Following the completion of the sale, the director directly owned 13,807 shares of the company’s stock, valued at approximately $4,944,148.63. This represents a 8.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is currently owned by corporate insiders.

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.