Janus Henderson Group PLC Lowers Holdings in Cboe Global Markets, Inc. $CBOE

Janus Henderson Group PLC decreased its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 1.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,328,924 shares of the company’s stock after selling 12,885 shares during the quarter. Janus Henderson Group PLC’s holdings in Cboe Global Markets were worth $373,515,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Sound Income Strategies LLC raised its holdings in shares of Cboe Global Markets by 102.2% in the fourth quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $25,000 after acquiring an additional 46 shares in the last quarter. University of Texas Texas AM Investment Management Co. purchased a new stake in Cboe Global Markets in the fourth quarter worth about $26,000. NFSG Corp bought a new position in Cboe Global Markets during the 1st quarter worth about $31,000. Elyxium Wealth LLC bought a new position in Cboe Global Markets during the 4th quarter worth about $33,000. Finally, Headlands Technologies LLC purchased a new position in Cboe Global Markets during the 2nd quarter valued at about $31,000. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Insiders Place Their Bets

In other Cboe Global Markets news, Director Janet P. Froetscher sold 1,223 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The shares were 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 in the company, valued at $4,944,148.63. This trade represents a 8.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing 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 company insiders.

Cboe Global Markets Stock Performance

CBOE stock opened at $296.52 on Friday. The firm has a market cap of $31.45 billion, a price-to-earnings ratio of 152.85 and a beta of 0.61. The firm has a 50-day simple moving average of $280.97 and a two-hundred day simple moving average of $290.37. Cboe Global Markets, Inc. has a one year low of $227.15 and a one year high of $371.18. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21.

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

Cboe Global Markets Announces Dividend

The company also recently announced 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. The ex-dividend date of this dividend was Friday, May 29th. This represents a $2.88 dividend on an annualized basis and a yield of 1.0%. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on CBOE. Keefe, Bruyette & Woods boosted 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. Morgan Stanley reiterated an “underweight” rating and set a $258.00 price objective on shares of Cboe Global Markets in a research note on Friday, July 10th. TD Cowen lifted their price objective on shares of Cboe Global Markets from $259.00 to $304.00 and gave the company a “hold” rating in a report on Monday, July 20th. UBS Group upped their target price on Cboe Global Markets from $305.00 to $335.00 and gave the stock a “neutral” rating in a report on Monday, May 4th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a research report on Monday, May 4th. Four research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $300.73.

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.