Wilmington Savings Fund Society FSB Has $11.47 Million Holdings in Cboe Global Markets, Inc. $CBOE

Wilmington Savings Fund Society FSB cut its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 4.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,762 shares of the company’s stock after selling 2,142 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Cboe Global Markets were worth $11,468,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Coldstream Capital Management Inc. lifted its position in Cboe Global Markets by 16.8% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,911 shares of the company’s stock valued at $469,000 after purchasing an additional 275 shares during the period. Danske Bank A S bought a new stake in shares of Cboe Global Markets in the 3rd quarter valued at about $19,386,000. SHUTTLEWORTH & Co acquired a new stake in shares of Cboe Global Markets in the 3rd quarter valued at approximately $2,035,000. CANADA LIFE ASSURANCE Co raised its position in shares of Cboe Global Markets by 2.3% in the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 144,513 shares of the company’s stock valued at $35,578,000 after acquiring an additional 3,296 shares during the period. Finally, Woodline Partners LP boosted its stake in Cboe Global Markets by 22.0% during the 3rd quarter. Woodline Partners LP now owns 13,823 shares of the company’s stock worth $3,390,000 after acquiring an additional 2,496 shares during the last quarter. 81.73% of the stock is owned by institutional investors and hedge funds.

Cboe Global Markets Stock Up 0.4%

Shares of CBOE stock opened at $292.89 on Wednesday. Cboe Global Markets, Inc. has a 12-month low of $200.88 and a 12-month high of $305.68. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. The firm has a fifty day moving average of $279.37 and a 200-day moving average of $257.83. The company has a market capitalization of $31.06 billion, a price-to-earnings ratio of 150.98 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last announced its earnings results on Friday, February 6th. The company reported $3.06 earnings per share for the quarter, topping analysts’ consensus estimates of $2.93 by $0.13. The firm had revenue of $671.10 million during the quarter, compared to analyst estimates of $659.59 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. As a group, equities research analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were given a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Friday, February 27th. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

Insider Buying and Selling

In related news, Director Alexander Matturri, Jr. sold 1,500 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $285.36, for a total transaction 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 trade represents a 23.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Edward J. Fitzpatrick sold 3,947 shares of Cboe Global Markets stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $285.87, for a total value of $1,128,328.89. Following the completion of the sale, the director directly owned 12,921 shares in the company, valued at approximately $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. Over the last three months, insiders sold 5,695 shares of company stock worth $1,628,981. 0.51% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

CBOE has been the subject of several recent analyst reports. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $303.00 target price on shares of Cboe Global Markets in a research note on Monday, February 9th. Barclays lifted their price target on shares of Cboe Global Markets from $295.00 to $317.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Piper Sandler upped their price objective on shares of Cboe Global Markets from $290.00 to $295.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. Loop Capital set a $317.00 price objective on Cboe Global Markets in a research note on Monday, February 9th. Finally, Morgan Stanley boosted their target price on Cboe Global Markets from $221.00 to $240.00 and gave the company an “underweight” rating in a research note on Monday, December 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. According to MarketBeat, Cboe Global Markets has a consensus rating of “Hold” and an average target price of $279.00.

About Cboe Global Markets

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.