Shelter Rock Management LLC Purchases New Shares in Cboe Global Markets, Inc. $CBOE

Shelter Rock Management LLC purchased a new stake in Cboe Global Markets, Inc. (BATS:CBOE) in the fourth quarter, Holdings Channel.com reports. The fund purchased 11,238 shares of the company’s stock, valued at approximately $2,821,000. Cboe Global Markets makes up about 2.8% of Shelter Rock Management LLC’s holdings, making the stock its 13th biggest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. EverSource Wealth Advisors LLC raised its position in Cboe Global Markets by 19.4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,088 shares of the company’s stock valued at $273,000 after buying an additional 177 shares during the last quarter. Advisory Alpha LLC increased its position in shares of Cboe Global Markets by 3.4% during the 4th quarter. Advisory Alpha LLC now owns 1,560 shares of the company’s stock valued at $392,000 after purchasing an additional 52 shares during the last quarter. Markel Group Inc. increased its position in shares of Cboe Global Markets by 46.5% during the 4th quarter. Markel Group Inc. now owns 41,750 shares of the company’s stock valued at $10,479,000 after purchasing an additional 13,250 shares during the last quarter. Empirical Asset Management LLC increased its position in shares of Cboe Global Markets by 23.5% during the 4th quarter. Empirical Asset Management LLC now owns 3,653 shares of the company’s stock valued at $917,000 after purchasing an additional 694 shares during the last quarter. Finally, Plan A Wealth LLC increased its position in shares of Cboe Global Markets by 2.2% during the 4th quarter. Plan A Wealth LLC now owns 2,701 shares of the company’s stock valued at $678,000 after purchasing an additional 59 shares during the last quarter. 81.73% of the stock is owned by hedge funds and other institutional investors.

Cboe Global Markets Price Performance

BATS CBOE opened at $357.35 on Friday. The company has a market cap of $37.90 billion, a PE ratio of 184.20 and a beta of 0.61. Cboe Global Markets, Inc. has a 52 week low of $218.14 and a 52 week high of $371.18. 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’s 50-day simple moving average is $310.32 and its two-hundred day simple moving average is $281.46.

Cboe Global Markets (BATS:CBOE) last released its quarterly earnings data on Friday, May 1st. The company reported $3.70 EPS for the quarter, beating the consensus estimate of $3.37 by $0.33. The business had revenue of $728.90 million for the quarter, compared to the consensus estimate of $688.36 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 29.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.50 earnings per share. Research analysts predict 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 disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be issued a dividend of $0.72 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $2.88 annualized dividend and a yield of 0.8%. Cboe Global Markets’s dividend payout ratio is 98.97%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on CBOE shares. Erste Group Bank started coverage on Cboe Global Markets in a research report on Tuesday, May 12th. They set a “buy” rating for the company. TD Cowen raised their target price on Cboe Global Markets from $293.00 to $365.00 and gave the company a “hold” rating in a research report on Monday, May 4th. Morgan Stanley raised their target price on Cboe Global Markets from $246.00 to $273.00 and gave the company an “underweight” rating in a research report on Friday, April 10th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $303.00 target price on shares of Cboe Global Markets in a research report on Monday, February 9th. Finally, Loop Capital set a $382.00 target price on Cboe Global Markets in a research report on Monday, May 4th. Five investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Cboe Global Markets has a consensus rating of “Hold” and a consensus price target of $322.60.

Insider Activity

In other Cboe Global Markets news, CAO Allen Wilkinson sold 248 shares of the company’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $292.79, for a total transaction of $72,611.92. Following the sale, the chief accounting officer directly owned 410 shares of the company’s stock, valued at $120,043.90. This represents a 37.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Janet P. Froetscher sold 1,223 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $358.09, for a total transaction of $437,944.07. Following the sale, the director directly owned 13,807 shares in the company, valued at approximately $4,944,148.63. This trade represents a 8.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by corporate insiders.

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.