Hsbc Holdings PLC Has $72.70 Million Stock Holdings in Cboe Global Markets, Inc. $CBOE

Hsbc Holdings PLC lifted its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 1.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 288,580 shares of the company’s stock after purchasing an additional 4,744 shares during the period. Hsbc Holdings PLC owned about 0.28% of Cboe Global Markets worth $72,700,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Sound Income Strategies LLC grew its holdings in Cboe Global Markets by 102.2% during the 4th quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock worth $25,000 after acquiring an additional 46 shares during the last quarter. University of Texas Texas AM Investment Management Co. bought a new position in shares of Cboe Global Markets during the fourth quarter valued at $26,000. Elyxium Wealth LLC bought a new position in shares of Cboe Global Markets during the fourth quarter valued at $33,000. Headlands Technologies LLC acquired a new position in shares of Cboe Global Markets during the second quarter worth $31,000. Finally, DV Equities LLC acquired a new position in shares of Cboe Global Markets during the fourth quarter worth $37,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on CBOE shares. Barclays boosted their price objective on shares of Cboe Global Markets from $351.00 to $382.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a report on Monday, May 4th. Piper Sandler upped their price target on Cboe Global Markets from $295.00 to $321.00 and gave the company 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. 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 research note on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $310.70.

Insider Activity

In other news, Director Janet P. Froetscher sold 1,223 shares of the business’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $358.09, for a total value of $437,944.07. Following the transaction, the director directly owned 13,807 shares of the company’s stock, valued at $4,944,148.63. The trade was a 8.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 Trading Up 2.8%

CBOE opened at $255.98 on Tuesday. Cboe Global Markets, Inc. has a twelve month low of $223.54 and a twelve month high of $371.18. The company has a fifty day moving average of $313.84 and a 200-day moving average of $287.46. The stock has a market cap of $27.15 billion, a PE ratio of 131.95 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 (BATS:CBOE) last released its earnings results on Friday, May 1st. The company reported $3.70 earnings per share (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 analyst estimates of $688.36 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. Cboe Global Markets’s revenue for the quarter was up 29.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.50 earnings per share. On average, sell-side analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were given a $0.72 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $2.88 annualized dividend and a dividend yield of 1.1%. 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.