Illinois Municipal Retirement Fund Has $1.43 Million Holdings in Cboe Global Markets, Inc. (BATS:CBOE)

Illinois Municipal Retirement Fund boosted its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 30.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,004 shares of the company’s stock after buying an additional 1,883 shares during the period. Illinois Municipal Retirement Fund’s holdings in Cboe Global Markets were worth $1,429,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of CBOE. Monument Capital Management acquired a new position in shares of Cboe Global Markets in the 4th quarter valued at about $215,000. Handelsbanken Fonder AB increased its holdings in shares of Cboe Global Markets by 83.2% in the 4th quarter. Handelsbanken Fonder AB now owns 41,513 shares of the company’s stock valued at $7,417,000 after purchasing an additional 18,859 shares during the period. Criterion Capital Advisors LLC acquired a new position in shares of Cboe Global Markets in the 4th quarter valued at about $79,000. Signaturefd LLC increased its holdings in shares of Cboe Global Markets by 12.0% in the 4th quarter. Signaturefd LLC now owns 1,609 shares of the company’s stock valued at $287,000 after purchasing an additional 173 shares during the period. Finally, Lindbrook Capital LLC increased its holdings in shares of Cboe Global Markets by 69.5% in the 4th quarter. Lindbrook Capital LLC now owns 383 shares of the company’s stock valued at $68,000 after purchasing an additional 157 shares during the period. Institutional investors and hedge funds own 81.73% of the company’s stock.

Insiders Place Their Bets

In other Cboe Global Markets news, EVP Dave Howson sold 8,314 shares of the company’s stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $183.88, for a total transaction of $1,528,778.32. Following the completion of the sale, the executive vice president now owns 17,573 shares of the company’s stock, valued at $3,231,323.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.51% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on CBOE. Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $197.00 target price on shares of Cboe Global Markets in a report on Thursday, April 4th. Citigroup boosted their price target on Cboe Global Markets from $170.00 to $188.00 and gave the company a “neutral” rating in a research note on Friday, January 12th. Morgan Stanley reissued 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. Oppenheimer boosted their price target on Cboe Global Markets from $201.00 to $206.00 and gave the company an “outperform” rating in a research note on Monday, February 5th. Finally, Rosenblatt Securities boosted their price target on Cboe Global Markets from $192.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, February 5th. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Cboe Global Markets currently has a consensus rating of “Hold” and an average price target of $190.18.

Cboe Global Markets Stock Down 1.3 %

Shares of Cboe Global Markets stock opened at $179.40 on Friday. The stock has a market capitalization of $19.03 billion, a P/E ratio of 92.47 and a beta of 0.61. 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 stock has a 50 day moving average price of $183.78 and a two-hundred day moving average price of $178.92. Cboe Global Markets, Inc. has a 12-month low of $103.82 and a 12-month high of $139.00.

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

Cboe Global Markets Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders 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 dividend on an annualized basis and a yield of 1.23%. Cboe Global Markets’s 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.