Russell Investments Group Ltd. Grows Holdings in Cboe Global Markets, Inc. (BATS:CBOE)

Russell Investments Group Ltd. grew its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 10.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 166,373 shares of the company’s stock after purchasing an additional 16,330 shares during the period. Russell Investments Group Ltd. owned about 0.16% of Cboe Global Markets worth $29,699,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Metis Global Partners LLC increased its stake in Cboe Global Markets by 12.7% in the third quarter. Metis Global Partners LLC now owns 5,239 shares of the company’s stock worth $818,000 after purchasing an additional 592 shares during the period. Exencial Wealth Advisors LLC increased its stake in 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 purchasing an additional 516 shares during the period. Monument Capital Management purchased a new stake in Cboe Global Markets in the fourth quarter worth $215,000. Illinois Municipal Retirement Fund increased its stake in 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 period. Finally, McGuire Investment Group LLC increased its stake in Cboe Global Markets by 0.9% in the fourth quarter. McGuire Investment Group LLC now owns 94,024 shares of the company’s stock worth $16,789,000 after purchasing an additional 867 shares during the period. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Price Performance

Shares of BATS CBOE opened at $180.84 on Wednesday. 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 $19.18 billion, a PE ratio of 93.22 and a beta of 0.61. The business has a 50-day simple moving average of $183.43 and a two-hundred day simple moving average of $179.43. Cboe Global Markets, Inc. has a fifty-two week low of $103.82 and a fifty-two week high of $139.00.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings results on Friday, February 2nd. The company reported $2.06 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.02. The business 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 company’s quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter last year, the company earned $1.80 earnings per share. As a group, equities analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

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

Insiders Place Their Bets

In other Cboe Global Markets 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 sale, the executive vice president now owns 17,573 shares of the company’s stock, valued at $3,285,448.08. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.51% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on CBOE shares. Barclays increased their price target on Cboe Global Markets from $200.00 to $211.00 and gave the stock an “overweight” rating in a research report on Monday, April 8th. Bank of America increased their price target on Cboe Global Markets from $200.00 to $204.00 and gave the stock a “buy” rating in a research report on Friday, April 19th. Oppenheimer increased their price target on Cboe Global Markets from $201.00 to $206.00 and gave the stock an “outperform” rating in a research report on Monday, February 5th. Rosenblatt Securities increased their price target on Cboe Global Markets from $192.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, February 5th. Finally, Citigroup increased their price target on Cboe Global Markets from $170.00 to $188.00 and gave the stock a “neutral” rating in a research report on Friday, January 12th. Seven analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Cboe Global Markets currently has an average rating of “Hold” and a consensus 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.