Massmutual Trust Co. FSB ADV Has $80,000 Stock Position in Cboe Global Markets, Inc. (BATS:CBOE)

Massmutual Trust Co. FSB ADV boosted its stake in Cboe Global Markets, Inc. (BATS:CBOE) by 34.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 469 shares of the company’s stock after purchasing an additional 121 shares during the quarter. Massmutual Trust Co. FSB ADV’s holdings in Cboe Global Markets were worth $80,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Fifth Third Bancorp lifted its stake in shares of Cboe Global Markets by 12.3% in the 4th quarter. Fifth Third Bancorp now owns 1,355 shares of the company’s stock valued at $242,000 after acquiring an additional 148 shares during the last quarter. Arizona State Retirement System lifted its holdings in Cboe Global Markets by 0.7% during the 4th quarter. Arizona State Retirement System now owns 29,000 shares of the company’s stock worth $5,178,000 after buying an additional 197 shares during the period. Asset Management One Co. Ltd. grew its position in shares of Cboe Global Markets by 37.8% in the 4th quarter. Asset Management One Co. Ltd. now owns 76,879 shares of the company’s stock valued at $13,672,000 after buying an additional 21,090 shares during the last quarter. Allworth Financial LP lifted its stake in shares of Cboe Global Markets by 75.3% in the fourth quarter. Allworth Financial LP now owns 170 shares of the company’s stock worth $30,000 after acquiring an additional 73 shares during the period. Finally, New York State Teachers Retirement System raised its holdings in Cboe Global Markets by 5.3% during the 4th quarter. New York State Teachers Retirement System now owns 113,745 shares of the company’s stock worth $20,310,000 after purchasing an additional 5,686 shares during the last quarter. 81.73% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Rosenblatt Securities boosted their target price 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. JPMorgan Chase & Co. upgraded Cboe Global Markets from an “underweight” rating to a “neutral” rating and lifted their target price for the stock from $168.00 to $195.00 in a report on Monday. Bank of America lifted their price objective on shares of Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a research note on Friday, April 19th. Oppenheimer increased their price objective on shares of Cboe Global Markets from $199.00 to $209.00 and gave the stock an “outperform” rating in a research report on Monday. Finally, Keefe, Bruyette & Woods upped their target price on shares of Cboe Global Markets from $197.00 to $198.00 and gave the stock a “market perform” rating in a report on Monday. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Cboe Global Markets has a consensus rating of “Hold” and an average target price of $193.33.

Insider Transactions at Cboe Global Markets

In other news, COO Christopher A. Isaacson sold 6,000 shares of the business’s stock in a transaction on Friday, June 21st. The shares were sold at an average price of $175.00, for a total transaction of $1,050,000.00. Following the sale, the chief operating officer now owns 51,855 shares in the company, valued at approximately $9,074,625. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In related news, COO Christopher A. Isaacson sold 6,000 shares of the business’s stock in a transaction that occurred on Friday, June 21st. The shares were sold at an average price of $175.00, for a total value of $1,050,000.00. Following the completion of the transaction, the chief operating officer now directly owns 51,855 shares in the company, valued at approximately $9,074,625. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Catherine R. Clay sold 1,100 shares of the company’s stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $185.06, for a total value of $203,566.00. Following the sale, the executive vice president now owns 4,656 shares of the company’s stock, valued at approximately $861,639.36. The disclosure for this sale can be found here. In the last quarter, insiders sold 17,065 shares of company stock valued at $3,145,291. Corporate insiders own 0.51% of the company’s stock.

Cboe Global Markets Stock Performance

Shares of Cboe Global Markets stock traded up $1.73 on Tuesday, reaching $198.00. 1,589,105 shares of the company traded hands, compared to its average volume of 636,231. Cboe Global Markets, Inc. has a 52 week low of $103.82 and a 52 week high of $139.00. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The company has a 50 day moving average of $175.75 and a 200 day moving average of $180.82. The firm has a market capitalization of $21.00 billion, a PE ratio of 101.17 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last issued its earnings results on Friday, August 2nd. The company reported $2.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.10 by $0.05. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business had revenue of $513.80 million for the quarter, compared to analysts’ expectations of $514.51 million. During the same quarter in the previous year, the firm posted $1.78 EPS. The business’s revenue for the quarter was up 10.0% compared to the same quarter last year. Equities analysts forecast that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 31st were paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date was Friday, May 31st. Cboe Global Markets’s payout ratio is currently 98.97%.

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.