Cboe Global Markets, Inc. to Issue Quarterly Dividend of $0.72 (BATS:CBOE)

Cboe Global Markets, Inc. (BATS:CBOE) declared a quarterly dividend on Thursday, May 14th. Shareholders of record on Friday, May 29th will be paid a dividend of 0.72 per share on Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, May 29th.

Cboe Global Markets has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 1 consecutive years.

Cboe Global Markets Trading Down 2.2%

Shares of Cboe Global Markets stock opened at $358.67 on Friday. Cboe Global Markets has a fifty-two week low of $213.88 and a fifty-two week high of $367.91. The firm has a market cap of $38.04 billion, a PE ratio of 184.88 and a beta of 0.61. The business’s fifty day moving average is $302.44 and its two-hundred day moving average is $276.61. 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 issued its earnings results on Friday, May 1st. The company reported $3.70 earnings per share 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 return on equity of 20.05% and a net margin of 5.77%.The business’s quarterly revenue was up 29.0% on a year-over-year basis. During the same period last year, the company posted $2.50 EPS. Analysts anticipate that Cboe Global Markets will post 6.41 earnings per share for the current year.

Insider Activity at Cboe Global Markets

In related news, Director Edward J. Fitzpatrick sold 3,947 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $285.87, for a total value of $1,128,328.89. Following the completion of the sale, the director directly owned 12,921 shares in the company, valued at approximately $3,693,726.27. This represents a 23.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Allen Wilkinson sold 248 shares of the stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $292.79, for a total value of $72,611.92. Following the completion of the sale, the chief accounting officer owned 410 shares of the company’s stock, valued at approximately $120,043.90. This represents a 37.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 5,695 shares of company stock worth $1,628,981. Corporate insiders own 0.51% of the company’s stock.

Institutional Trading of Cboe Global Markets

Hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of Cboe Global Markets by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 12,955,689 shares of the company’s stock worth $3,251,878,000 after purchasing an additional 120,021 shares in the last quarter. State Street Corp grew its stake in shares of Cboe Global Markets by 2.1% during the third quarter. State Street Corp now owns 4,996,816 shares of the company’s stock valued at $1,225,469,000 after acquiring an additional 101,349 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Cboe Global Markets by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 2,987,134 shares of the company’s stock valued at $750,940,000 after acquiring an additional 65,108 shares in the last quarter. Morgan Stanley grew its stake in shares of Cboe Global Markets by 6.1% during the fourth quarter. Morgan Stanley now owns 2,691,162 shares of the company’s stock valued at $675,482,000 after acquiring an additional 155,333 shares in the last quarter. Finally, Invesco Ltd. grew its stake in shares of Cboe Global Markets by 5.8% during the fourth quarter. Invesco Ltd. now owns 1,931,272 shares of the company’s stock valued at $484,749,000 after acquiring an additional 105,168 shares in the last quarter. Hedge funds and other institutional investors own 81.73% of the company’s stock.

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.