23,778 Shares in Cboe Global Markets, Inc. $CBOE Purchased by SEB Asset Management AB

SEB Asset Management AB acquired a new stake in Cboe Global Markets, Inc. (BATS:CBOE) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 23,778 shares of the company’s stock, valued at approximately $6,683,000.

Other institutional investors have also bought and sold shares of the company. Mediolanum International Funds Ltd boosted its holdings in shares of Cboe Global Markets by 17.8% during the 1st quarter. Mediolanum International Funds Ltd now owns 15,205 shares of the company’s stock worth $4,292,000 after purchasing an additional 2,293 shares during the last quarter. Spartan Wealth Advisory Services LLC acquired a new stake in shares of Cboe Global Markets in the first quarter valued at approximately $2,893,000. Assetmark Inc. lifted its position in Cboe Global Markets by 209.0% during the first quarter. Assetmark Inc. now owns 683 shares of the company’s stock worth $192,000 after buying an additional 462 shares in the last quarter. Bessemer Group Inc. lifted its position in Cboe Global Markets by 49.5% during the first quarter. Bessemer Group Inc. now owns 1,634 shares of the company’s stock worth $459,000 after buying an additional 541 shares in the last quarter. Finally, Aware Super Pty Ltd as trustee of Aware Super acquired a new position in Cboe Global Markets during the first quarter worth $30,148,000. 81.73% of the stock is owned by hedge funds and other institutional investors.

Cboe Global Markets Stock Down 1.4%

BATS:CBOE opened at $274.40 on Wednesday. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. The stock’s fifty day moving average is $290.73 and its two-hundred day moving average is $288.52. Cboe Global Markets, Inc. has a 52 week low of $227.15 and a 52 week high of $371.18. The stock has a market capitalization of $29.10 billion, a price-to-earnings ratio of 141.44 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings data on Friday, May 1st. The company reported $3.70 earnings per share for the quarter, beating analysts’ consensus estimates of $3.37 by $0.33. The business had revenue of $728.90 million during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period in the previous year, the firm posted $2.50 earnings per share. Research analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were given a $0.72 dividend. This represents a $2.88 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Friday, May 29th. Cboe Global Markets’s payout ratio is currently 98.97%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on CBOE shares. TD Cowen upped their target price on Cboe Global Markets from $259.00 to $304.00 and gave the company a “hold” rating in a report on Monday. UBS Group lifted their price target on Cboe Global Markets from $305.00 to $335.00 and gave the stock a “neutral” rating in a report on Monday, May 4th. Morgan Stanley reissued an “underweight” rating and set a $258.00 price target on shares of Cboe Global Markets in a research report on Friday, July 10th. Zacks Research lowered shares of Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 8th. Finally, Piper Sandler cut their price objective on shares of Cboe Global Markets from $355.00 to $320.00 and set an “overweight” rating for the company in a research report on Wednesday, July 15th. Four investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Cboe Global Markets currently has an average rating of “Hold” and a consensus price target of $303.60.

Insiders Place Their Bets

In other Cboe Global Markets news, Director Janet P. Froetscher sold 1,223 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $358.09, for a total transaction of $437,944.07. Following the sale, the director directly owned 13,807 shares in the company, valued at $4,944,148.63. This represents a 8.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 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. 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.