Cboe Global Markets, Inc. $CBOE Shares Purchased by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 53.6% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 142,442 shares of the company’s stock after purchasing an additional 49,700 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Cboe Global Markets were worth $40,036,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in CBOE. Kendall Capital Management boosted its position in Cboe Global Markets by 0.5% in the 4th quarter. Kendall Capital Management now owns 8,862 shares of the company’s stock valued at $2,224,000 after buying an additional 40 shares during the period. SHUTTLEWORTH & Co raised its stake in shares of Cboe Global Markets by 0.5% in the fourth quarter. SHUTTLEWORTH & Co now owns 8,339 shares of the company’s stock valued at $2,093,000 after acquiring an additional 41 shares in the last quarter. Norinchukin Bank The boosted its holdings in Cboe Global Markets by 0.7% in the third quarter. Norinchukin Bank The now owns 5,884 shares of the company’s stock valued at $1,443,000 after purchasing an additional 42 shares during the period. IHT Wealth Management LLC boosted its holdings in Cboe Global Markets by 4.5% in the second quarter. IHT Wealth Management LLC now owns 1,021 shares of the company’s stock valued at $238,000 after purchasing an additional 44 shares during the period. Finally, Advisory Services Network LLC grew its stake in Cboe Global Markets by 0.9% during the 4th quarter. Advisory Services Network LLC now owns 4,740 shares of the company’s stock worth $1,190,000 after purchasing an additional 44 shares in the last quarter. 81.73% of the stock is owned by hedge funds and other institutional investors.

Cboe Global Markets Stock Up 0.5%

Cboe Global Markets stock opened at $248.99 on Friday. The stock has a market cap of $26.41 billion, a PE ratio of 128.35 and a beta of 0.61. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The stock’s fifty day moving average is $304.85 and its two-hundred day moving average is $287.07. Cboe Global Markets, Inc. has a 1-year low of $227.15 and a 1-year high of $371.18.

Cboe Global Markets (BATS:CBOE) last released its quarterly earnings data on Friday, May 1st. The company reported $3.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.37 by $0.33. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The business had revenue of $728.90 million during the quarter, compared to analysts’ expectations of $688.36 million. During the same period in the prior year, the firm posted $2.50 EPS. The business’s quarterly revenue was up 29.0% compared to the same quarter last year. On average, sell-side analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were paid a dividend of $0.72 per share. The ex-dividend date was Friday, May 29th. This represents a $2.88 annualized dividend and a yield of 1.2%. Cboe Global Markets’s payout ratio is presently 98.97%.

Insiders Place Their Bets

In related news, Director Janet P. Froetscher sold 1,223 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $358.09, for a total value of $437,944.07. Following the completion of the transaction, the director directly owned 13,807 shares of the company’s stock, valued at $4,944,148.63. This represents a 8.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a research report on Monday, May 4th. Zacks Research raised shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a report on Monday, June 8th. Morgan Stanley raised their target price on shares of Cboe Global Markets from $246.00 to $273.00 and gave the company an “underweight” rating in a report on Friday, April 10th. Argus upgraded shares of Cboe Global Markets to a “hold” rating in a research note on Wednesday, March 11th. Finally, Keefe, Bruyette & Woods boosted their price target on shares of Cboe Global Markets from $300.00 to $335.00 and gave the stock a “market perform” rating in a report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $310.70.

Cboe Global Markets Company 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. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.