Cboe Global Markets, Inc. (BATS:CBOE) Shares Purchased by Handelsbanken Fonder AB

Handelsbanken Fonder AB lifted its position in Cboe Global Markets, Inc. (BATS:CBOE) by 83.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,513 shares of the company’s stock after acquiring an additional 18,859 shares during the period. Handelsbanken Fonder AB’s holdings in Cboe Global Markets were worth $7,417,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. Pinnacle Associates Ltd. boosted its stake in shares of Cboe Global Markets by 5.2% in the fourth quarter. Pinnacle Associates Ltd. now owns 1,366 shares of the company’s stock worth $244,000 after acquiring an additional 67 shares during the last quarter. Allworth Financial LP boosted its stake in shares of Cboe Global Markets by 75.3% in the fourth quarter. Allworth Financial LP now owns 170 shares of the company’s stock worth $30,000 after acquiring an additional 73 shares during the last quarter. Moors & Cabot Inc. boosted its stake in shares of Cboe Global Markets by 2.3% in the third quarter. Moors & Cabot Inc. now owns 3,305 shares of the company’s stock worth $516,000 after acquiring an additional 75 shares during the last quarter. U.S. Capital Wealth Advisors LLC boosted its stake in shares of Cboe Global Markets by 1.5% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 5,123 shares of the company’s stock worth $800,000 after acquiring an additional 76 shares during the last quarter. Finally, Kestra Advisory Services LLC boosted its stake in shares of Cboe Global Markets by 4.9% in the third quarter. Kestra Advisory Services LLC now owns 2,325 shares of the company’s stock worth $363,000 after acquiring an additional 109 shares during the last quarter. 81.73% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Dave Howson sold 5,322 shares of Cboe Global Markets stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $186.96, for a total value of $995,001.12. Following the completion of the sale, 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 at this link. Insiders own 0.51% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CBOE. Rosenblatt Securities lifted their price target on Cboe Global Markets from $192.00 to $200.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Citigroup lifted their price objective on Cboe Global Markets from $170.00 to $188.00 and gave the stock a “neutral” rating in a research report on Friday, January 12th. Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $197.00 price objective on shares of Cboe Global Markets in a research report on Thursday, April 4th. Morgan Stanley reiterated an “equal weight” rating and set a $199.00 price objective (down previously from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Finally, Barclays lifted 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. Seven analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $190.18.

Cboe Global Markets Price Performance

BATS:CBOE opened at $179.68 on Thursday. Cboe Global Markets, Inc. has a 52 week low of $103.82 and a 52 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. The company has a market capitalization of $19.06 billion, a P/E ratio of 92.62 and a beta of 0.61. The stock’s fifty day moving average is $184.01 and its two-hundred day moving average is $178.78.

Cboe Global Markets (BATS:CBOE) last posted its earnings results on Friday, February 2nd. The company reported $2.06 EPS for the quarter, beating analysts’ consensus estimates of $2.04 by $0.02. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The company had revenue of $499.00 million for the quarter, compared to the consensus estimate of $510.65 million. During the same quarter in the previous year, the business earned $1.80 earnings per share. The company’s revenue for the quarter was up 9.2% on a year-over-year basis. Equities analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were paid a $0.55 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.22%. Cboe Global Markets’s payout ratio is presently 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.