Oddo BHF Asset Management Sas Acquires 4,125 Shares of Cboe Global Markets, Inc. $CBOE

Oddo BHF Asset Management Sas lifted its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 31.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 17,240 shares of the company’s stock after acquiring an additional 4,125 shares during the quarter. Oddo BHF Asset Management Sas’ holdings in Cboe Global Markets were worth $4,327,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of Cboe Global Markets by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 12,955,689 shares of the company’s stock worth $3,251,878,000 after acquiring an additional 120,021 shares during the last quarter. State Street Corp lifted its holdings in shares of Cboe Global Markets by 2.1% in the 3rd quarter. State Street Corp now owns 4,996,816 shares of the company’s stock worth $1,225,469,000 after acquiring an additional 101,349 shares during the last quarter. Geode Capital Management LLC grew its position in Cboe Global Markets by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 2,987,134 shares of the company’s stock worth $750,940,000 after acquiring an additional 65,108 shares during the last quarter. Morgan Stanley grew its position in Cboe Global Markets by 6.1% during the 4th quarter. Morgan Stanley now owns 2,691,162 shares of the company’s stock worth $675,482,000 after acquiring an additional 155,333 shares during the last quarter. Finally, Invesco Ltd. grew its position in Cboe Global Markets by 5.7% during the 3rd quarter. Invesco Ltd. now owns 1,826,104 shares of the company’s stock worth $447,852,000 after acquiring an additional 98,089 shares during the last quarter. 81.73% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on CBOE. Loop Capital set a $382.00 price target on Cboe Global Markets in a research report on Monday, May 4th. Piper Sandler raised their price target on Cboe Global Markets from $295.00 to $321.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 15th. Zacks Research upgraded Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research report on Monday, June 8th. Barclays raised their price target on Cboe Global Markets from $351.00 to $382.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Finally, Morgan Stanley raised their price target on Cboe Global Markets from $246.00 to $273.00 and gave the stock an “underweight” rating in a research report on Friday, April 10th. 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. According to MarketBeat.com, Cboe Global Markets currently has an average rating of “Hold” and an average target price of $322.60.

Insiders Place Their Bets

In related news, Director Janet P. Froetscher sold 1,223 shares of Cboe Global Markets stock in a transaction on Monday, May 18th. The shares were sold at an average price of $358.09, for a total value of $437,944.07. Following the sale, the director owned 13,807 shares in the company, valued at $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 is available at this link. 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 Performance

Shares of BATS:CBOE opened at $265.24 on Wednesday. The company has a market cap of $28.13 billion, a price-to-earnings ratio of 136.72 and a beta of 0.61. The company has a 50-day moving average price of $317.34 and a 200-day moving average price of $287.58. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. Cboe Global Markets, Inc. has a 12 month low of $223.54 and a 12 month high of $371.18.

Cboe Global Markets (BATS:CBOE) last issued 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 firm had revenue of $728.90 million during 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 quarterly revenue was up 29.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.50 earnings per share. As a group, equities analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were issued a $0.72 dividend. The ex-dividend date was Friday, May 29th. This represents a $2.88 annualized dividend and a yield of 1.1%. Cboe Global Markets’s payout ratio 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.