Segall Bryant & Hamill LLC Makes New $5.29 Million Investment in Cboe Global Markets, Inc. $CBOE

Segall Bryant & Hamill LLC bought a new stake in Cboe Global Markets, Inc. (BATS:CBOE) during the 1st quarter, Holdings Channel.com reports. The institutional investor bought 18,646 shares of the company’s stock, valued at approximately $5,295,000.

Other hedge funds have also made changes to their positions in the company. Pacer Advisors Inc. grew its position in shares of Cboe Global Markets by 36.6% in the fourth quarter. Pacer Advisors Inc. now owns 11,639 shares of the company’s stock valued at $2,921,000 after purchasing an additional 3,119 shares during the last quarter. Brindle & Bay Financial Advisors LLC acquired a new position in shares of Cboe Global Markets during the 4th quarter worth approximately $735,000. Robeco Institutional Asset Management B.V. raised its position in shares of Cboe Global Markets by 3.6% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 453,753 shares of the company’s stock worth $113,892,000 after purchasing an additional 15,648 shares during the last quarter. Bleakley Financial Group LLC acquired a new position in shares of Cboe Global Markets during the 1st quarter worth approximately $3,831,000. Finally, Fideuram Asset Management Ireland dac purchased a new stake in Cboe Global Markets in the 4th quarter valued at approximately $995,000. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on CBOE. Barclays raised their price target on Cboe Global Markets from $347.00 to $354.00 and gave the stock an “overweight” rating in a research report on Monday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a research note on Monday. Piper Sandler dropped their price objective on Cboe Global Markets from $355.00 to $320.00 and set an “overweight” rating for the company in a research report on Wednesday, July 15th. JPMorgan Chase & Co. boosted their target price on shares of Cboe Global Markets from $277.00 to $288.00 and gave the company an “underweight” rating in a research note on Tuesday, July 28th. Finally, Keefe, Bruyette & Woods raised their price target on shares of Cboe Global Markets from $300.00 to $335.00 and gave the stock a “market perform” rating in a research note on Monday, May 4th. Three analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $315.30.

Insider Activity

In related news, Director Janet P. Froetscher sold 1,223 shares of the business’s stock in a transaction that occurred 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 completion of the sale, 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 document filed 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 Performance

Cboe Global Markets stock opened at $297.83 on Tuesday. The firm has a market capitalization of $31.59 billion, a P/E ratio of 153.52 and a beta of 0.61. The stock has a fifty day moving average price of $278.83 and a 200 day moving average price of $290.92. Cboe Global Markets, Inc. has a 52 week low of $227.15 and a 52 week high of $371.18. 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 (BATS:CBOE) last issued its quarterly earnings results on Friday, July 31st. The company reported $3.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.49 by $0.07. The firm had revenue of $731.60 million for the quarter, compared to analyst estimates of $716.61 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The firm’s quarterly revenue was up 24.6% on a year-over-year basis. During the same period last year, the company earned $2.46 EPS. Equities research analysts anticipate that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors 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 1.0%. Cboe Global Markets’s dividend payout ratio (DPR) is currently 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.