USS Investment Management Ltd Purchases 2,595 Shares of Cboe Global Markets, Inc. $CBOE

USS Investment Management Ltd boosted its position in Cboe Global Markets, Inc. (BATS:CBOE) by 14.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,810 shares of the company’s stock after buying an additional 2,595 shares during the quarter. USS Investment Management Ltd’s holdings in Cboe Global Markets were worth $5,840,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of CBOE. Sound Income Strategies LLC raised its holdings in shares of Cboe Global Markets by 102.2% in the fourth quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $25,000 after purchasing an additional 46 shares during the last quarter. University of Texas Texas AM Investment Management Co. acquired a new position in Cboe Global Markets during the fourth quarter worth $26,000. Headlands Technologies LLC bought a new position in Cboe Global Markets in the second quarter valued at $31,000. Elyxium Wealth LLC bought a new position in Cboe Global Markets in the fourth quarter valued at $33,000. Finally, DV Equities LLC acquired a new stake in Cboe Global Markets in the 4th quarter valued at $37,000. Institutional investors own 81.73% of the company’s stock.

Insider Activity

In other news, Director Janet P. Froetscher sold 1,223 shares of Cboe Global Markets stock in a transaction on Monday, May 18th. The shares were sold at an average price of $358.09, for a total transaction of $437,944.07. Following the transaction, the director owned 13,807 shares in the company, valued at approximately $4,944,148.63. The trade was a 8.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.51% of the company’s stock.

Analyst Ratings Changes

CBOE has been the subject of a number of recent research reports. Morgan Stanley increased their price objective on shares of Cboe Global Markets from $246.00 to $273.00 and gave the stock an “underweight” rating in a research note on Friday, April 10th. Erste Group Bank lowered Cboe Global Markets from a “buy” rating to a “hold” rating in a report on Friday, June 5th. Zacks Research raised Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 8th. Argus upgraded Cboe Global Markets to a “hold” rating in a research note on Wednesday, March 11th. Finally, Loop Capital set a $263.00 price target on Cboe Global Markets in a research report on Monday, June 22nd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $310.70.

Cboe Global Markets Stock Performance

BATS:CBOE opened at $248.99 on Friday. The stock’s 50-day moving average is $304.85 and its 200-day moving average is $287.07. Cboe Global Markets, Inc. has a 1-year low of $227.15 and a 1-year high of $371.18. 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 market cap of $26.41 billion, a P/E ratio of 128.35 and a beta of 0.61.

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

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were given a $0.72 dividend. This represents a $2.88 annualized dividend and a yield of 1.2%. The ex-dividend date was Friday, May 29th. Cboe Global Markets’s dividend payout ratio is 98.97%.

Cboe Global Markets Company 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.