Lansforsakringar Fondforvaltning AB publ Has $8.78 Million Stock Holdings in Cboe Global Markets, Inc. $CBOE

Lansforsakringar Fondforvaltning AB publ raised its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 11.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,783 shares of the company’s stock after purchasing an additional 3,547 shares during the quarter. Lansforsakringar Fondforvaltning AB publ’s holdings in Cboe Global Markets were worth $8,776,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Norges Bank bought a new stake in Cboe Global Markets in the second quarter valued at $324,234,000. Alliancebernstein L.P. grew its holdings in shares of Cboe Global Markets by 4.1% in the 2nd quarter. Alliancebernstein L.P. now owns 9,854,571 shares of the company’s stock worth $2,298,185,000 after purchasing an additional 390,034 shares during the last quarter. Invesco Ltd. increased its position in shares of Cboe Global Markets by 27.3% during the 2nd quarter. Invesco Ltd. now owns 1,728,015 shares of the company’s stock worth $402,990,000 after purchasing an additional 370,223 shares in the last quarter. Man Group plc lifted its holdings in Cboe Global Markets by 106.5% during the 2nd quarter. Man Group plc now owns 546,734 shares of the company’s stock valued at $127,504,000 after purchasing an additional 281,939 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Cboe Global Markets by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 12,833,038 shares of the company’s stock valued at $2,992,793,000 after purchasing an additional 195,086 shares during the last quarter. 82.67% of the stock is currently owned by institutional investors.

Cboe Global Markets Stock Performance

Shares of CBOE stock opened at $290.11 on Tuesday. The stock has a market cap of $30.36 billion, a PE ratio of 40.18, a price-to-earnings-growth ratio of 1.75 and a beta of 0.36. The stock has a 50-day moving average of $265.83 and a 200-day moving average of $252.37. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. Cboe Global Markets, Inc. has a one year low of $200.88 and a one year high of $293.58.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings data on Friday, February 6th. The company reported $3.06 EPS for the quarter, topping the consensus estimate of $2.95 by $0.11. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.During the same quarter in the prior year, the firm posted $2.10 EPS. Cboe Global Markets’s revenue for the quarter was up 28.0% on a year-over-year basis. As a group, sell-side analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were issued a dividend of $0.72 per share. This represents a dividend yield of 112.0%. The ex-dividend date was Friday, November 28th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 27.64%.

Analyst Upgrades and Downgrades

CBOE has been the subject of a number of research analyst reports. Piper Sandler lifted their target price on shares of Cboe Global Markets from $290.00 to $295.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. TD Cowen reaffirmed a “hold” rating on shares of Cboe Global Markets in a report on Wednesday, January 14th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $303.00 price objective on shares of Cboe Global Markets in a research note on Monday, February 9th. Keefe, Bruyette & Woods raised their target price on Cboe Global Markets from $257.00 to $269.00 and gave the company a “market perform” rating in a research note on Monday, November 3rd. Finally, Citigroup upped their price target on shares of Cboe Global Markets from $260.00 to $265.00 and gave the stock a “neutral” rating in a research report on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $279.00.

Insiders Place Their Bets

In other Cboe Global Markets news, Director Alexander Matturri, Jr. sold 1,500 shares of Cboe Global Markets stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $285.36, for a total value of $428,040.00. Following the sale, the director owned 4,761 shares of the company’s stock, valued at $1,358,598.96. This trade represents a 23.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Edward J. Fitzpatrick sold 3,947 shares of the business’s stock in a transaction dated Wednesday, February 18th. The shares were 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 owned 12,921 shares in the company, valued at approximately $3,693,726.27. This trade represents a 23.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.22% of the stock is currently owned by corporate insiders.

Cboe Global Markets Company Profile

Cboe Global Markets (NASDAQ: CBOE) is a global market infrastructure company that operates a family of exchanges and trading venues across listed derivatives, cash equities and foreign exchange. Its product suite includes options and futures markets, multiple U.S. equities exchanges, a derivatives exchange for volatility and other products, proprietary benchmark indexes (notably the Cboe Volatility Index, or VIX), market data and analytics, and trading technology and connectivity services. Cboe also provides market-access and order-routing tools used by broker-dealers, institutional investors and professional traders.

The company traces its roots to the Chicago Board Options Exchange, which was established in 1973 to create a centralized market for listed options; over the years the business expanded through organic growth and strategic acquisitions to become a multi-asset, multi-venue operator.