Balentine LLC Increases Stake in Cboe Global Markets, Inc. (BATS:CBOE)

Balentine LLC lifted its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 4.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,127 shares of the company’s stock after buying an additional 95 shares during the quarter. Balentine LLC’s holdings in Cboe Global Markets were worth $380,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of CBOE. Farmers & Merchants Trust Co of Chambersburg PA bought a new position in shares of Cboe Global Markets during the fourth quarter valued at approximately $30,000. Allworth Financial LP increased its stake in shares of Cboe Global Markets by 75.3% during the fourth quarter. Allworth Financial LP now owns 170 shares of the company’s stock valued at $30,000 after purchasing an additional 73 shares in the last quarter. ORG Partners LLC bought a new position in shares of Cboe Global Markets during the fourth quarter valued at approximately $31,000. BKM Wealth Management LLC bought a new position in shares of Cboe Global Markets during the fourth quarter valued at approximately $33,000. Finally, NBC Securities Inc. bought a new position in shares of Cboe Global Markets during the third quarter valued at approximately $29,000. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on CBOE shares. Oppenheimer reaffirmed an “outperform” rating and set a $206.00 target price on shares of Cboe Global Markets in a research note on Monday, May 6th. Barclays increased their price target on shares of Cboe Global Markets from $211.00 to $215.00 and gave the company an “overweight” rating in a report on Monday, May 6th. Rosenblatt Securities increased their price target on shares of Cboe Global Markets from $200.00 to $205.00 and gave the company a “buy” rating in a report on Monday, May 6th. Bank of America increased their price target on shares of Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a report on Friday, April 19th. Finally, Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $197.00 price target on shares of Cboe Global Markets in a report on Thursday, April 4th. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $191.00.

Insider Transactions at Cboe Global Markets

In other news, EVP Catherine R. Clay sold 1,100 shares of Cboe Global Markets stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $185.06, for a total transaction of $203,566.00. Following the transaction, the executive vice president now owns 4,656 shares in the company, valued at approximately $861,639.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.51% of the company’s stock.

Cboe Global Markets Trading Up 0.6 %

Shares of CBOE stock opened at $183.74 on Wednesday. Cboe Global Markets, Inc. has a 12-month low of $103.82 and a 12-month high of $139.00. 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 firm’s 50 day moving average is $180.87 and its 200 day moving average is $181.36. The stock has a market capitalization of $19.49 billion, a P/E ratio of 94.79 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings results on Friday, May 3rd. The company reported $2.15 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.11. The business had revenue of $502.10 million for the quarter, compared to analysts’ expectations of $504.80 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The company’s revenue was up 6.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.90 EPS. Research analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Friday, May 31st will be paid a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 1.20%. The ex-dividend date is Friday, May 31st. Cboe Global Markets’s dividend payout ratio is presently 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.