Y Intercept Hong Kong Ltd Acquires New Shares in Cboe Global Markets, Inc. $CBOE

Y Intercept Hong Kong Ltd acquired a new stake in Cboe Global Markets, Inc. (BATS:CBOE) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 31,320 shares of the company’s stock, valued at approximately $7,861,000.

Other large investors have also recently added to or reduced their stakes in the company. Andra AP fonden lifted 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 valued at $30,460,000 after acquiring an additional 9,100 shares during the last quarter. Nordea Investment Management AB lifted its holdings in Cboe Global Markets by 33.5% in the fourth 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 lifted its holdings in Cboe Global Markets by 215.2% in the third 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 Cboe Global Markets in the third quarter valued at approximately $14,017,000. Finally, Aberdeen Group plc raised its position in Cboe Global Markets by 9.9% in the third quarter. Aberdeen Group plc now owns 101,779 shares of the company’s stock valued at $24,961,000 after purchasing an additional 9,180 shares during the period. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Cboe Global Markets

In other news, Director Janet P. Froetscher sold 1,223 shares of the company’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $358.09, for a total transaction of $437,944.07. Following the sale, the director owned 13,807 shares of the company’s stock, valued at approximately $4,944,148.63. This represents a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.51% of the company’s stock.

Cboe Global Markets Stock Down 0.3%

Shares of BATS CBOE opened at $294.91 on Friday. The firm has a market cap of $31.28 billion, a price-to-earnings ratio of 152.02 and a beta of 0.61. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. Cboe Global Markets, Inc. has a 52-week low of $223.54 and a 52-week high of $371.18. The business’s 50 day moving average is $317.77 and its two-hundred day moving average is $287.05.

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

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given a dividend of $0.72 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.0%. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

Analyst Ratings Changes

A number of analysts have issued reports on CBOE shares. Erste Group Bank lowered Cboe Global Markets from a “buy” rating to a “hold” rating in a research report on Friday, June 5th. UBS Group boosted their target price on Cboe Global Markets from $305.00 to $335.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. TD Cowen boosted 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. Barclays boosted their target price on Cboe Global Markets from $351.00 to $382.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Finally, Argus raised Cboe Global Markets to a “hold” rating in a research report on Wednesday, March 11th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned 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.com, the company presently has a consensus rating of “Hold” and a consensus price target of $322.60.

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.