Lansforsakringar Fondforvaltning AB publ Grows Holdings in Cboe Global Markets, Inc. $CBOE

Lansforsakringar Fondforvaltning AB publ grew its position in Cboe Global Markets, Inc. (BATS:CBOE) by 7.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 38,498 shares of the company’s stock after acquiring an additional 2,826 shares during the period. Lansforsakringar Fondforvaltning AB publ’s holdings in Cboe Global Markets were worth $10,821,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Kendall Capital Management increased its stake in shares of Cboe Global Markets by 0.5% in the 4th quarter. Kendall Capital Management now owns 8,862 shares of the company’s stock valued at $2,224,000 after purchasing an additional 40 shares in the last quarter. SHUTTLEWORTH & Co grew its holdings in Cboe Global Markets by 0.5% in the fourth quarter. SHUTTLEWORTH & Co now owns 8,339 shares of the company’s stock valued at $2,093,000 after purchasing an additional 41 shares during the period. Norinchukin Bank The increased its position in shares of Cboe Global Markets by 0.7% in the third quarter. Norinchukin Bank The now owns 5,884 shares of the company’s stock valued at $1,443,000 after buying an additional 42 shares in the last quarter. IHT Wealth Management LLC increased its position in shares of Cboe Global Markets by 4.5% in the second quarter. IHT Wealth Management LLC now owns 1,021 shares of the company’s stock valued at $238,000 after buying an additional 44 shares in the last quarter. Finally, Advisory Services Network LLC raised its stake in shares of Cboe Global Markets by 0.9% during the 4th quarter. Advisory Services Network LLC now owns 4,740 shares of the company’s stock worth $1,190,000 after buying an additional 44 shares during the period. 81.73% of the stock is owned by hedge funds and other institutional investors.

Cboe Global Markets Stock Up 2.1%

Shares of CBOE opened at $247.72 on Thursday. The stock has a 50 day moving average price of $305.85 and a 200 day moving average price of $287.10. Cboe Global Markets, Inc. has a one year low of $227.15 and a one year high of $371.18. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. The stock has a market capitalization of $26.27 billion, a price-to-earnings ratio of 127.69 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings data on Friday, May 1st. The company reported $3.70 earnings per share 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 last year, the firm posted $2.50 EPS. The firm’s revenue for the quarter was up 29.0% on a year-over-year basis. Equities research analysts forecast that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were paid a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, May 29th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.97%.

Insider Buying and Selling at Cboe Global Markets

In related news, Director Janet P. Froetscher sold 1,223 shares of the business’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 transaction, the director directly owned 13,807 shares in the company, valued at approximately $4,944,148.63. The trade was a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, 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.

Analysts Set New Price Targets

A number of research firms recently issued reports on CBOE. Piper Sandler lifted their price target on shares of Cboe Global Markets from $295.00 to $321.00 and gave the company an “overweight” rating in a research note on Wednesday, April 15th. Argus upgraded shares of Cboe Global Markets to a “hold” rating in a research report on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a report on Monday, May 4th. UBS Group boosted their target price on shares of Cboe Global Markets from $305.00 to $335.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Finally, Erste Group Bank downgraded shares of Cboe Global Markets from a “buy” rating to a “hold” rating in a research report on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $310.70.

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.