SG Americas Securities LLC Sells 20,771 Shares of Cboe Global Markets, Inc. $CBOE

SG Americas Securities LLC lessened its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 18.0% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 94,361 shares of the company’s stock after selling 20,771 shares during the period. SG Americas Securities LLC’s holdings in Cboe Global Markets were worth $23,685,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Headlands Technologies LLC bought a new stake in Cboe Global Markets during the second quarter worth $31,000. Twin Peaks Wealth Advisors LLC bought a new position in Cboe Global Markets in the 2nd quarter valued at $33,000. Physician Wealth Advisors Inc. increased its position in shares of Cboe Global Markets by 70.5% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock valued at $33,000 after purchasing an additional 55 shares during the last quarter. Ameriflex Group Inc. raised its stake in shares of Cboe Global Markets by 97.4% during the 3rd quarter. Ameriflex Group Inc. now owns 154 shares of the company’s stock worth $38,000 after purchasing an additional 76 shares during the period. Finally, Dakota Community Bank & Trust NA bought a new stake in shares of Cboe Global Markets during the 3rd quarter worth $42,000. 81.73% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CBOE. Argus upgraded shares of Cboe Global Markets to a “hold” rating in a research report on Wednesday, March 11th. UBS Group reaffirmed a “neutral” rating and issued a $290.00 price objective on shares of Cboe Global Markets in a research report on Monday, February 9th. Morgan Stanley boosted their target price on shares of Cboe Global Markets from $221.00 to $240.00 and gave the company an “underweight” rating in a research note on Monday, December 22nd. Piper Sandler raised their price target on shares of Cboe Global Markets from $290.00 to $295.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 14th. Finally, Zacks Research raised shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Cboe Global Markets has an average rating of “Hold” and an average target price of $279.00.

Cboe Global Markets Trading Up 1.0%

Shares of CBOE opened at $279.79 on Friday. Cboe Global Markets, Inc. has a fifty-two week low of $200.88 and a fifty-two week high of $305.68. The business has a 50-day moving average of $281.95 and a 200 day moving average of $259.85. The firm has a market cap of $29.68 billion, a P/E ratio of 144.22 and a beta of 0.61. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21.

Cboe Global Markets (BATS:CBOE) last released its quarterly earnings data on Friday, February 6th. The company reported $3.06 EPS for the quarter, beating the consensus estimate of $2.93 by $0.13. The business had revenue of $671.10 million for the quarter, compared to the consensus estimate 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, research analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were paid a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Friday, February 27th. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Insider Buying and Selling

In other Cboe Global Markets news, Director Edward J. Fitzpatrick sold 3,947 shares of the business’s stock in a transaction on Wednesday, February 18th. The shares were 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 of the company’s stock, valued at $3,693,726.27. The trade was a 23.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Allen Wilkinson sold 248 shares of the stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $292.79, for a total value of $72,611.92. Following the sale, the chief accounting officer owned 410 shares in the company, valued at approximately $120,043.90. This represents a 37.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 5,695 shares of company stock valued at $1,628,981. Company insiders own 0.51% of the company’s stock.

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. 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.