107,270 Shares in Cboe Global Markets, Inc. $CBOE Acquired by Titan Investment Solutions Ltd

Titan Investment Solutions Ltd acquired a new position in Cboe Global Markets, Inc. (BATS:CBOE) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 107,270 shares of the company’s stock, valued at approximately $26,925,000. Cboe Global Markets comprises approximately 3.2% of Titan Investment Solutions Ltd’s holdings, making the stock its 10th largest position. Titan Investment Solutions Ltd owned 0.10% of Cboe Global Markets at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Andra AP fonden increased its holdings in Cboe Global Markets by 7.9% in the third quarter. Andra AP fonden now owns 124,200 shares of the company’s stock worth $30,460,000 after buying an additional 9,100 shares during the last quarter. Nordea Investment Management AB increased its holdings in shares of Cboe Global Markets by 33.5% during the 4th quarter. Nordea Investment Management AB now owns 947,884 shares of the company’s stock valued at $239,625,000 after acquiring an additional 237,887 shares during the last quarter. First Trust Advisors LP increased its holdings in shares of Cboe Global Markets by 215.2% during the 3rd quarter. First Trust Advisors LP now owns 1,451,743 shares of the company’s stock valued at $356,040,000 after acquiring an additional 991,209 shares during the last quarter. Longbow Finance SA acquired a new position in shares of Cboe Global Markets during the 3rd quarter valued at about $14,017,000. Finally, Aberdeen Group plc increased its holdings in shares of Cboe Global Markets by 9.9% during the 3rd quarter. Aberdeen Group plc now owns 101,779 shares of the company’s stock valued at $24,961,000 after acquiring an additional 9,180 shares during the last quarter. Institutional investors and hedge funds own 81.73% of the company’s stock.

Wall Street Analysts Forecast Growth

CBOE has been the topic of a number of analyst reports. Argus upgraded Cboe Global Markets to a “hold” rating in a report on Wednesday, March 11th. TD Cowen increased their price target on Cboe Global Markets from $293.00 to $365.00 and gave the company a “hold” rating in a report on Monday, May 4th. Barclays increased their price target on Cboe Global Markets from $351.00 to $382.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Piper Sandler increased their price target on Cboe Global Markets from $295.00 to $321.00 and gave the company an “overweight” rating in a report on Wednesday, April 15th. Finally, UBS Group increased their price target on Cboe Global Markets from $305.00 to $335.00 and gave the company a “neutral” rating in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $322.60.

Insider Buying and Selling

In related news, Director Janet P. Froetscher sold 1,223 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $358.09, for a total value of $437,944.07. Following the completion of the transaction, the director directly owned 13,807 shares of the company’s stock, valued at $4,944,148.63. This trade represents a 8.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is currently owned by company insiders.

Cboe Global Markets Stock Down 0.3%

Shares of CBOE stock opened at $294.91 on Friday. The stock has a market cap of $31.28 billion, a P/E ratio of 152.02 and a beta of 0.61. Cboe Global Markets, Inc. has a one year low of $223.54 and a one year high of $371.18. The stock has a fifty day moving average price of $317.77 and a 200 day moving average price of $287.05. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21.

Cboe Global Markets (BATS:CBOE) last issued its earnings results on Friday, May 1st. The company reported $3.70 EPS for the quarter, topping the consensus estimate of $3.37 by $0.33. The firm had revenue of $728.90 million during the quarter, compared to analysts’ expectations of $688.36 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.Cboe Global Markets’s quarterly revenue was up 29.0% compared to the same quarter last year. During the same period last year, the business earned $2.50 earnings per share. Analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be given a $0.72 dividend. This represents a $2.88 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Friday, May 29th. Cboe Global Markets’s dividend payout ratio (DPR) is 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. 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.