Swiss Life Asset Management Ltd Boosts Holdings in Cboe Global Markets, Inc. $CBOE

Swiss Life Asset Management Ltd raised its position in Cboe Global Markets, Inc. (BATS:CBOE) by 14.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 63,551 shares of the company’s stock after acquiring an additional 7,898 shares during the period. Swiss Life Asset Management Ltd owned approximately 0.06% of Cboe Global Markets worth $15,586,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of CBOE. Sagespring Wealth Partners LLC boosted its position in shares of Cboe Global Markets by 4.1% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 1,060 shares of the company’s stock worth $260,000 after purchasing an additional 42 shares in the last quarter. Norinchukin Bank The increased its position in Cboe Global Markets by 0.7% during the 3rd quarter. Norinchukin Bank The now owns 5,884 shares of the company’s stock valued at $1,443,000 after buying an additional 42 shares in the last quarter. Aprio Wealth Management LLC raised its stake in Cboe Global Markets by 3.1% in the third quarter. Aprio Wealth Management LLC now owns 1,432 shares of the company’s stock valued at $351,000 after buying an additional 43 shares during the last quarter. IHT Wealth Management LLC boosted its holdings in Cboe Global Markets by 4.5% in the second quarter. IHT Wealth Management LLC now owns 1,021 shares of the company’s stock worth $238,000 after acquiring an additional 44 shares in the last quarter. Finally, Dorsey & Whitney Trust CO LLC boosted its holdings in Cboe Global Markets by 3.2% in the second quarter. Dorsey & Whitney Trust CO LLC now owns 1,498 shares of the company’s stock worth $349,000 after acquiring an additional 46 shares in the last quarter. 81.73% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Loop Capital set a $317.00 price objective on shares of Cboe Global Markets in a research report on Monday, February 9th. Piper Sandler boosted their target price on shares of Cboe Global Markets from $290.00 to $295.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $303.00 price target on shares of Cboe Global Markets in a report on Monday, February 9th. UBS Group reiterated a “neutral” rating and set a $290.00 price objective on shares of Cboe Global Markets in a research note on Monday, February 9th. Finally, Argus raised shares of Cboe Global Markets to a “hold” rating in a report on Wednesday, March 11th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Cboe Global Markets presently has a consensus rating of “Hold” and an average price target of $279.00.

Cboe Global Markets Stock Performance

BATS CBOE opened at $284.41 on Friday. Cboe Global Markets, Inc. has a twelve month low of $200.88 and a twelve month high of $305.68. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. The stock has a 50-day moving average of $280.45 and a 200 day moving average of $258.22. The stock has a market capitalization of $30.17 billion, a price-to-earnings ratio of 146.60 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last issued its earnings results on Friday, February 6th. The company reported $3.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.93 by $0.13. The business had revenue of $671.10 million during the quarter, compared to the consensus estimate of $659.59 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. Sell-side analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were paid a $0.72 dividend. The ex-dividend date was Friday, February 27th. This represents a $2.88 annualized dividend and a dividend yield of 1.0%. Cboe Global Markets’s payout ratio is 98.97%.

Insider Transactions at Cboe Global Markets

In related news, Director Alexander Matturri, Jr. sold 1,500 shares of Cboe Global Markets stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $285.36, for a total value of $428,040.00. Following the completion of the transaction, the director owned 4,761 shares in the company, valued at $1,358,598.96. The trade was a 23.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Allen Wilkinson sold 248 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $292.79, for a total transaction of $72,611.92. Following the transaction, the chief accounting officer owned 410 shares of the company’s stock, valued at $120,043.90. This trade represents a 37.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 5,695 shares of company stock valued at $1,628,981. 0.51% of the stock is currently owned by company insiders.

Cboe Global Markets 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.