M&T Bank Corp Has $1.12 Million Stock Holdings in Cboe Global Markets, Inc. $CBOE

M&T Bank Corp increased its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 106.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,463 shares of the company’s stock after acquiring an additional 2,297 shares during the quarter. M&T Bank Corp’s holdings in Cboe Global Markets were worth $1,120,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its stake 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 valued at $3,251,878,000 after acquiring an additional 120,021 shares during the period. State Street Corp lifted 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 during the period. Invesco Ltd. lifted its stake in shares of Cboe Global Markets by 5.7% during the third quarter. Invesco Ltd. now owns 1,826,104 shares of the company’s stock valued at $447,852,000 after acquiring an additional 98,089 shares during the period. First Trust Advisors LP lifted its stake in shares of Cboe Global Markets by 215.2% during the third quarter. First Trust Advisors LP now owns 1,451,743 shares of the company’s stock valued at $356,040,000 after acquiring an additional 991,209 shares during the period. Finally, Northern Trust Corp lifted its stake in shares of Cboe Global Markets by 7.0% during the third quarter. Northern Trust Corp now owns 1,410,188 shares of the company’s stock valued at $345,849,000 after acquiring an additional 91,726 shares during the period. Institutional investors and hedge funds own 81.73% of the company’s stock.

Insider Activity at Cboe Global Markets

In related news, Director Alexander Matturri, Jr. sold 1,500 shares of the company’s 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 completion of the sale, the director owned 4,761 shares in the company, valued at approximately $1,358,598.96. This represents a 23.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Edward J. Fitzpatrick sold 3,947 shares of the company’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 of the company’s stock, valued at $3,693,726.27. This represents a 23.40% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 5,695 shares of company stock worth $1,628,981. 0.51% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

CBOE has been the topic of several research reports. Keefe, Bruyette & Woods upped their price target on Cboe Global Markets from $300.00 to $335.00 and gave the company a “market perform” rating in a research note on Monday, May 4th. Morgan Stanley upped their price target on Cboe Global Markets from $246.00 to $273.00 and gave the company an “underweight” rating in a research note on Friday, April 10th. UBS Group upped their price target on Cboe Global Markets from $305.00 to $335.00 and gave the company a “neutral” rating in a research note on Monday, May 4th. Barclays upped their price target on Cboe Global Markets from $351.00 to $382.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Finally, Piper Sandler upped their price target on Cboe Global Markets from $295.00 to $321.00 and gave the company an “overweight” rating in a research note on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Cboe Global Markets has an average rating of “Hold” and a consensus price target of $322.60.

Cboe Global Markets Trading Up 2.9%

BATS CBOE opened at $348.56 on Friday. The stock has a 50-day simple moving average of $296.54 and a 200 day simple moving average of $272.41. The company has a market capitalization of $36.97 billion, a PE ratio of 179.67 and a beta of 0.61. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. Cboe Global Markets, Inc. has a 12 month low of $212.75 and a 12 month high of $349.39.

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

Cboe Global Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were issued a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Friday, February 27th. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

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.