Sigma Planning Corp Invests $1.71 Million in Cboe Global Markets, Inc. $CBOE

Sigma Planning Corp bought a new stake in Cboe Global Markets, Inc. (BATS:CBOE) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 6,073 shares of the company’s stock, valued at approximately $1,707,000.

Other institutional investors also recently bought and sold shares of the company. Checchi Capital Advisers LLC bought a new stake in Cboe Global Markets in the first quarter valued at approximately $271,000. Bleakley Financial Group LLC purchased a new stake in shares of Cboe Global Markets during the first quarter valued at approximately $3,831,000. Principal Financial Group Inc. grew its holdings in shares of Cboe Global Markets by 1.4% in the first quarter. Principal Financial Group Inc. now owns 149,824 shares of the company’s stock worth $42,111,000 after purchasing an additional 2,041 shares during the last quarter. Chicago Partners Investment Group LLC bought a new position in shares of Cboe Global Markets in the first quarter worth approximately $2,172,000. Finally, J. Safra Sarasin Holding AG purchased a new position in shares of Cboe Global Markets in the first quarter worth $2,396,000. 81.73% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Loop Capital set a $347.00 price target on shares of Cboe Global Markets in a report on Thursday, July 9th. Morgan Stanley reissued an “underweight” rating and issued a $258.00 price target on shares of Cboe Global Markets in a report on Friday, July 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Cboe Global Markets in a research report on Monday, May 4th. UBS Group increased their target price on shares of Cboe Global Markets from $305.00 to $335.00 and gave the stock a “neutral” rating in a report on Monday, May 4th. Finally, Barclays reduced their price target on Cboe Global Markets from $382.00 to $347.00 and set an “overweight” rating on the stock in a report on Thursday, July 9th. Four analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Cboe Global Markets currently has a consensus rating of “Hold” and a consensus price target of $314.00.

Insiders Place Their Bets

In other Cboe Global Markets news, Director Janet P. Froetscher sold 1,223 shares of Cboe Global Markets stock in a transaction on Monday, May 18th. The stock was sold at an average price of $358.09, for a total transaction of $437,944.07. Following the completion of the transaction, the director owned 13,807 shares in the company, valued at approximately $4,944,148.63. The trade was a 8.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is currently owned by company insiders.

Cboe Global Markets Stock Down 1.6%

BATS:CBOE opened at $273.41 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The firm’s 50-day moving average price is $293.80 and its 200-day moving average price is $287.97. The company has a market capitalization of $29.00 billion, a PE ratio of 140.93 and a beta of 0.61. Cboe Global Markets, Inc. has a 1-year low of $227.15 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 EPS for the quarter, topping the consensus estimate of $3.37 by $0.33. The business 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%. Cboe Global Markets’s quarterly revenue was up 29.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.50 earnings per share. On average, equities 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 was paid on Monday, June 15th. Investors of record on Friday, May 29th were given a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Friday, May 29th. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

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.