Csenge Advisory Group Makes New $556,000 Investment in Cboe Global Markets, Inc. $CBOE

Csenge Advisory Group purchased a new stake in Cboe Global Markets, Inc. (BATS:CBOE) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,292 shares of the company’s stock, valued at approximately $556,000.

A number of other hedge funds also recently made changes to their positions in CBOE. Oregon Public Employees Retirement Fund boosted its position in shares of Cboe Global Markets by 0.3% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 11,993 shares of the company’s stock valued at $3,371,000 after acquiring an additional 33 shares in the last quarter. SHUTTLEWORTH & Co raised its position in Cboe Global Markets by 0.5% in the fourth quarter. SHUTTLEWORTH & Co now owns 8,339 shares of the company’s stock worth $2,093,000 after purchasing an additional 41 shares in the last quarter. Arkadios Wealth Advisors lifted its stake in Cboe Global Markets by 4.7% during the first quarter. Arkadios Wealth Advisors now owns 905 shares of the company’s stock worth $254,000 after purchasing an additional 41 shares during the period. Centaurus Financial Inc. lifted its stake in Cboe Global Markets by 1.0% during the first quarter. Centaurus Financial Inc. now owns 4,048 shares of the company’s stock worth $1,138,000 after purchasing an additional 42 shares during the period. Finally, Norinchukin Bank The lifted its stake in Cboe Global Markets by 0.7% during the third quarter. Norinchukin Bank The now owns 5,884 shares of the company’s stock worth $1,443,000 after purchasing an additional 42 shares during the period. Institutional investors and hedge funds own 81.73% of the company’s stock.

Cboe Global Markets Price Performance

BATS:CBOE opened at $294.11 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. The firm has a market cap of $31.19 billion, a PE ratio of 151.60 and a beta of 0.61. Cboe Global Markets, Inc. has a 12 month low of $227.15 and a 12 month high of $371.18. The company’s 50-day moving average price is $274.44 and its two-hundred day moving average price is $292.60.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings data on Friday, July 31st. The company reported $3.56 earnings per share for the quarter, topping the consensus estimate of $3.49 by $0.07. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The company had revenue of $731.60 million during the quarter, compared to analyst estimates of $716.61 million. During the same quarter last year, the business posted $2.46 earnings per share. The company’s revenue was up 24.6% on a year-over-year basis. On average, equities analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a dividend of $0.86 per share. This is a boost from Cboe Global Markets’s previous quarterly dividend of $0.72. The ex-dividend date is Monday, August 31st. This represents a $3.44 dividend on an annualized basis and a yield of 1.2%. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Barclays upped their price objective on Cboe Global Markets from $347.00 to $354.00 and gave the company an “overweight” rating in a research note on Monday, August 3rd. JPMorgan Chase & Co. raised their target price on Cboe Global Markets from $277.00 to $288.00 and gave the stock an “underweight” rating in a research report on Tuesday, July 28th. Morgan Stanley reaffirmed an “underweight” rating and issued a $258.00 price target on shares of Cboe Global Markets in a research note on Friday, July 10th. Zacks Research cut Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 8th. Finally, TD Cowen increased their price objective on Cboe Global Markets from $304.00 to $315.00 and gave the stock a “hold” rating in a research note on Monday, August 3rd. Three research 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 stock currently has an average rating of “Hold” and a consensus price target of $315.30.

Insider Buying and Selling

In related news, Director Janet P. Froetscher sold 937 shares of the firm’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $278.95, for a total transaction of $261,376.15. Following the completion of the sale, the director directly owned 12,870 shares of the company’s stock, valued at $3,590,086.50. This trade represents a 6.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 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.