MUFG Securities EMEA plc Boosts Position in Cboe Global Markets, Inc. $CBOE

MUFG Securities EMEA plc boosted its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 1,223.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 26,493 shares of the company’s stock after purchasing an additional 24,491 shares during the quarter. MUFG Securities EMEA plc’s holdings in Cboe Global Markets were worth $6,650,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of CBOE. Norges Bank purchased a new position in Cboe Global Markets in the fourth quarter valued at approximately $354,578,000. First Trust Advisors LP raised its holdings in 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 valued at $356,040,000 after buying an additional 991,209 shares during the period. Balyasny Asset Management L.P. raised its holdings in Cboe Global Markets by 1,340.0% in the third quarter. Balyasny Asset Management L.P. now owns 749,658 shares of the company’s stock valued at $183,854,000 after buying an additional 697,600 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Cboe Global Markets by 2,425.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 661,391 shares of the company’s stock valued at $166,009,000 after buying an additional 635,199 shares during the period. Finally, Marshall Wace LLP purchased a new position in Cboe Global Markets in the third quarter valued at approximately $107,052,000. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Stock Performance

CBOE opened at $333.56 on Monday. The firm has a market capitalization of $35.38 billion, a P/E ratio of 171.94 and a beta of 0.61. The firm’s 50 day moving average is $316.03 and its 200-day moving average is $285.01. Cboe Global Markets, Inc. has a 52-week low of $218.14 and a 52-week high of $371.18. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60.

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

Cboe Global Markets Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be paid a dividend of $0.72 per share. The ex-dividend date is Friday, May 29th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 0.9%. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.97%.

Wall Street Analyst Weigh In

Several research firms recently commented on CBOE. Argus upgraded shares of Cboe Global Markets to a “hold” rating in a report on Wednesday, March 11th. TD Cowen raised their price target on shares of Cboe Global Markets from $293.00 to $365.00 and gave the company a “hold” rating in a report on Monday, May 4th. Keefe, Bruyette & Woods raised their price target on shares of Cboe Global Markets from $300.00 to $335.00 and gave the company a “market perform” rating in a report on Monday, May 4th. Loop Capital set a $382.00 price target on shares of Cboe Global Markets in a report on Monday, May 4th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a $303.00 price objective on shares of Cboe Global Markets in a research note on Monday, February 9th. Five equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $322.60.

Insider Activity

In other news, Director Janet P. Froetscher sold 1,223 shares of Cboe Global Markets stock in a transaction that occurred on 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 owned 13,807 shares in the company, valued at $4,944,148.63. This trade represents a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by corporate insiders.

About Cboe Global Markets

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.