Global Assets Advisory LLC Takes Position in Cboe Global Markets, Inc. (BATS:CBOE)

Global Assets Advisory LLC purchased a new position in shares of Cboe Global Markets, Inc. (BATS:CBOE) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 88,220 shares of the company’s stock, valued at approximately $16,209,000.

Other institutional investors also recently bought and sold shares of the company. Monument Capital Management acquired a new stake in shares of Cboe Global Markets during the 4th quarter worth approximately $215,000. Illinois Municipal Retirement Fund boosted its holdings in Cboe Global Markets by 30.8% in the fourth quarter. Illinois Municipal Retirement Fund now owns 8,004 shares of the company’s stock valued at $1,429,000 after purchasing an additional 1,883 shares during the period. Accuvest Global Advisors acquired a new position in Cboe Global Markets during the 4th quarter worth $345,000. McGuire Investment Group LLC increased its holdings in Cboe Global Markets by 0.9% during the 4th quarter. McGuire Investment Group LLC now owns 94,024 shares of the company’s stock worth $16,789,000 after purchasing an additional 867 shares during the period. Finally, Seelaus Asset Management LLC acquired a new stake in Cboe Global Markets in the 4th quarter valued at about $352,000. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, EVP Catherine R. Clay sold 1,100 shares of the stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $185.06, for a total transaction of $203,566.00. Following the completion of the sale, the executive vice president now directly owns 4,656 shares of the company’s stock, valued at approximately $861,639.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.51% of the stock is currently owned by insiders.

Analysts Set New Price Targets

CBOE has been the topic of a number of recent research reports. Morgan Stanley restated an “equal weight” rating and set a $199.00 target price (down from $211.00) on shares of Cboe Global Markets in a research note on Tuesday, April 9th. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $197.00 price objective on shares of Cboe Global Markets in a report on Thursday, April 4th. Rosenblatt Securities boosted their target price on shares of Cboe Global Markets from $200.00 to $205.00 and gave the stock a “buy” rating in a research note on Monday, May 6th. Barclays raised their price target on Cboe Global Markets from $211.00 to $215.00 and gave the company an “overweight” rating in a research note on Monday, May 6th. Finally, Bank of America increased their price objective on Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a report on Friday, April 19th. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Cboe Global Markets presently has an average rating of “Hold” and an average price target of $191.00.

Cboe Global Markets Price Performance

CBOE stock opened at $171.34 on Tuesday. The business has a 50 day simple moving average of $177.58 and a 200-day simple moving average of $180.72. The company has a market capitalization of $18.17 billion, a P/E ratio of 88.32 and a beta of 0.61. Cboe Global Markets, Inc. has a twelve month low of $103.82 and a twelve month high of $139.00. 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, May 3rd. The company reported $2.15 earnings per share for the quarter, topping analysts’ consensus estimates of $2.04 by $0.11. The firm had revenue of $502.10 million during the quarter, compared to analysts’ expectations of $504.80 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. Cboe Global Markets’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.90 EPS. 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 Friday, June 14th. Investors of record on Friday, May 31st were issued a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date was Friday, May 31st. Cboe Global Markets’s dividend payout ratio 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.