Sentry Investment Management LLC Trims Holdings in Cboe Global Markets, Inc. (BATS:CBOE)

Sentry Investment Management LLC decreased its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 9.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 551 shares of the company’s stock after selling 59 shares during the quarter. Sentry Investment Management LLC’s holdings in Cboe Global Markets were worth $98,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of CBOE. Clear Street Markets LLC raised its stake in shares of Cboe Global Markets by 93.5% during the 1st quarter. Clear Street Markets LLC now owns 207 shares of the company’s stock valued at $28,000 after buying an additional 100 shares during the last quarter. NBC Securities Inc. purchased a new stake in shares of Cboe Global Markets in the third quarter worth about $29,000. Farmers & Merchants Trust Co of Chambersburg PA acquired a new stake in Cboe Global Markets during the fourth quarter worth about $30,000. Allworth Financial LP raised its position in Cboe Global Markets by 75.3% during the fourth quarter. Allworth Financial LP now owns 170 shares of the company’s stock valued at $30,000 after acquiring an additional 73 shares in the last quarter. Finally, ORG Partners LLC acquired a new position in Cboe Global Markets in the fourth quarter valued at approximately $31,000. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Stock Up 0.3 %

CBOE stock opened at $177.51 on Friday. The company has a market cap of $18.83 billion, a price-to-earnings ratio of 91.50 and a beta of 0.61. The firm has a 50-day moving average of $184.39 and a two-hundred day moving average of $178.07. Cboe Global Markets, Inc. has a 12 month low of $103.82 and a 12 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 announced its quarterly earnings data on Friday, February 2nd. The company reported $2.06 EPS for the quarter, topping analysts’ consensus estimates of $2.04 by $0.02. The firm had revenue of $499.00 million for the quarter, compared to the consensus estimate of $510.65 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The firm’s revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.80 earnings per share. As a group, analysts forecast that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were given a dividend of $0.55 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $2.20 annualized dividend and a dividend yield of 1.24%. Cboe Global Markets’s payout ratio is 98.97%.

Analyst Ratings Changes

Several equities research analysts have commented on CBOE shares. Barclays upped their price objective on Cboe Global Markets from $200.00 to $211.00 and gave the stock an “overweight” rating in a research report on Monday, April 8th. Citigroup raised their price target on shares of Cboe Global Markets from $170.00 to $188.00 and gave the company a “neutral” rating in a research report on Friday, January 12th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $197.00 price objective on shares of Cboe Global Markets in a report on Thursday, April 4th. Oppenheimer increased their target price on shares of Cboe Global Markets from $201.00 to $206.00 and gave the stock an “outperform” rating in a research note on Monday, February 5th. Finally, 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 research note on Tuesday, April 9th. Seven research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $187.36.

Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, EVP Dave Howson sold 5,322 shares of Cboe Global Markets stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $186.96, for a total transaction of $995,001.12. Following the transaction, the executive vice president now directly owns 17,573 shares of the company’s stock, valued at $3,285,448.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.51% of the stock is currently owned by insiders.

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.