SteelPeak Wealth LLC Buys Shares of 9,456 Cboe Global Markets, Inc. (BATS:CBOE)

SteelPeak Wealth LLC purchased a new position in shares of Cboe Global Markets, Inc. (BATS:CBOE) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 9,456 shares of the company’s stock, valued at approximately $1,737,000.

Several other hedge funds have also made changes to their positions in the business. Optiver Holding B.V. purchased a new position in shares of Cboe Global Markets during the 4th quarter worth about $29,000. Farmers & Merchants Trust Co of Chambersburg PA acquired a new position in shares of Cboe Global Markets in the 4th quarter valued at $30,000. Allworth Financial LP grew its stake in shares of Cboe Global Markets by 75.3% during the 4th quarter. Allworth Financial LP now owns 170 shares of the company’s stock valued at $30,000 after buying an additional 73 shares during the period. ORG Partners LLC acquired a new stake in shares of Cboe Global Markets during the 4th quarter worth $31,000. Finally, BKM Wealth Management LLC purchased a new position in shares of Cboe Global Markets in the 4th quarter worth $33,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, COO Christopher A. Isaacson sold 6,000 shares of the business’s stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $175.00, for a total value of $1,050,000.00. Following the sale, the chief operating officer now directly owns 51,855 shares in the company, valued at $9,074,625. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, EVP Catherine R. Clay sold 1,100 shares of Cboe Global Markets stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $185.06, for a total value of $203,566.00. Following the transaction, the executive vice president now directly owns 4,656 shares of the company’s stock, valued at $861,639.36. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Christopher A. Isaacson sold 6,000 shares of the business’s stock in a transaction on Friday, June 21st. The shares were sold at an average price of $175.00, for a total transaction of $1,050,000.00. Following the sale, the chief operating officer now directly owns 51,855 shares in the company, valued at $9,074,625. The disclosure for this sale can be found here. Company insiders own 0.51% of the company’s stock.

Cboe Global Markets Price Performance

CBOE opened at $170.06 on Monday. The firm has a market cap of $18.04 billion, a price-to-earnings ratio of 87.66 and a beta of 0.61. The company’s 50-day moving average price is $176.93 and its 200 day moving average price is $180.48. Cboe Global Markets, Inc. has a fifty-two week low of $103.82 and a fifty-two week high of $139.00. 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 3rd. The company reported $2.15 EPS for the quarter, beating the consensus estimate of $2.04 by $0.11. The firm had revenue of $502.10 million for 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% on a year-over-year basis. During the same quarter last year, the company earned $1.90 EPS. As a group, sell-side analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Stockholders of record on Friday, May 31st were issued a $0.55 dividend. The ex-dividend date was Friday, May 31st. This represents a $2.20 annualized dividend and a dividend yield of 1.29%. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CBOE. Oppenheimer restated an “outperform” rating and set a $206.00 price target on shares of Cboe Global Markets in a research note on Monday, May 6th. Morgan Stanley restated an “equal weight” rating and issued a $199.00 price target (down previously from $211.00) on shares of Cboe Global Markets in a report on Tuesday, April 9th. Bank of America boosted their price objective on shares of Cboe Global Markets from $200.00 to $204.00 and gave the stock a “buy” rating in a research note on Friday, April 19th. Barclays raised their target price on shares of 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, Rosenblatt Securities increased their price target on Cboe Global Markets from $200.00 to $205.00 and gave the company a “buy” rating in a report on Monday, May 6th. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $191.00.

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.