Tredje AP fonden Acquires 28,550 Shares of Cboe Global Markets, Inc. $CBOE

Tredje AP fonden lifted its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 306.5% in the 3rd quarter, Holdings Channel reports. The firm owned 37,865 shares of the company’s stock after buying an additional 28,550 shares during the quarter. Tredje AP fonden’s holdings in Cboe Global Markets were worth $9,286,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of CBOE. Sagespring Wealth Partners LLC raised its holdings in Cboe Global Markets by 4.1% during the third quarter. Sagespring Wealth Partners LLC now owns 1,060 shares of the company’s stock valued at $260,000 after buying an additional 42 shares in the last quarter. IHT Wealth Management LLC increased its holdings in shares of Cboe Global Markets by 4.5% during the 2nd quarter. IHT Wealth Management LLC now owns 1,021 shares of the company’s stock valued at $238,000 after acquiring an additional 44 shares during the last quarter. Dorsey & Whitney Trust CO LLC increased its holdings in shares of Cboe Global Markets by 3.2% during the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 1,498 shares of the company’s stock valued at $349,000 after acquiring an additional 46 shares during the last quarter. Concurrent Investment Advisors LLC raised its stake in shares of Cboe Global Markets by 3.3% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 1,438 shares of the company’s stock valued at $353,000 after acquiring an additional 46 shares in the last quarter. Finally, J.W. Cole Advisors Inc. lifted its holdings in Cboe Global Markets by 2.7% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 1,806 shares of the company’s stock worth $443,000 after purchasing an additional 48 shares during the last quarter. 82.67% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Alexander Matturri, Jr. sold 1,500 shares of the company’s stock in a transaction on 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 transaction, the director directly 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Edward J. Fitzpatrick sold 3,947 shares of Cboe Global Markets stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $285.87, for a total transaction of $1,128,328.89. Following the sale, the director owned 12,921 shares in the company, valued at $3,693,726.27. This represents a 23.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.22% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the company. UBS Group reiterated a “neutral” rating and set a $290.00 price target on shares of Cboe Global Markets in a report on Monday, February 9th. Citigroup upped their price objective on shares of Cboe Global Markets from $260.00 to $265.00 and gave the stock a “neutral” rating in a report on Monday, November 3rd. TD Cowen reiterated a “hold” rating on shares of Cboe Global Markets in a research note on Wednesday, January 14th. Zacks Research upgraded shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. Finally, Keefe, Bruyette & Woods upped their price target on shares of Cboe Global Markets from $257.00 to $269.00 and gave the company a “market perform” rating in a report on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $279.00.

Cboe Global Markets Trading Up 0.9%

Shares of Cboe Global Markets stock opened at $288.68 on Friday. Cboe Global Markets, Inc. has a 1 year low of $200.88 and a 1 year high of $288.68. The company’s fifty day simple moving average is $264.96 and its 200-day simple moving average is $252.06. The company has a market cap of $30.21 billion, a price-to-earnings ratio of 39.98, a PEG ratio of 1.75 and a beta of 0.36. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34.

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

Cboe Global Markets Announces Dividend

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

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.