Healthcare of Ontario Pension Plan Trust Fund Increases Position in Cboe Global Markets, Inc. $CBOE

Healthcare of Ontario Pension Plan Trust Fund increased its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 2,430.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 104,674 shares of the company’s stock after purchasing an additional 100,538 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund owned 0.10% of Cboe Global Markets worth $29,421,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Sound Income Strategies LLC increased its position in shares of Cboe Global Markets by 102.2% in the fourth quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $25,000 after buying an additional 46 shares in the last quarter. University of Texas Texas AM Investment Management Co. purchased a new position in shares of Cboe Global Markets during the 4th quarter valued at approximately $26,000. NFSG Corp acquired a new stake in Cboe Global Markets in the 1st quarter valued at $31,000. Headlands Technologies LLC acquired a new stake in Cboe Global Markets in the 2nd quarter valued at $31,000. Finally, Elyxium Wealth LLC acquired a new stake in Cboe Global Markets in the 4th quarter valued at $33,000. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Stock Performance

Shares of CBOE stock opened at $285.07 on Monday. The stock’s fifty day moving average is $286.00 and its two-hundred day moving average is $289.22. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. The firm has a market capitalization of $30.24 billion, a P/E ratio of 146.94 and a beta of 0.61. Cboe Global Markets, Inc. has a fifty-two week low of $227.15 and a fifty-two week high of $371.18.

Cboe Global Markets (BATS:CBOE) last announced its earnings results 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 net margin of 5.77% and a return on equity of 20.05%. The company had revenue of $728.90 million for the quarter, compared to analysts’ expectations of $688.36 million. During the same quarter in the previous year, the company posted $2.50 EPS. The firm’s quarterly revenue was up 29.0% on a year-over-year basis. Research analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were given a dividend of $0.72 per share. The ex-dividend date was Friday, May 29th. This represents a $2.88 dividend on an annualized basis and a yield of 1.0%. Cboe Global Markets’s payout ratio is presently 98.97%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on CBOE. Keefe, Bruyette & Woods upped their price objective on shares of Cboe Global Markets from $300.00 to $335.00 and gave the stock a “market perform” rating in a research report on Monday, May 4th. Zacks Research lowered shares of Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 8th. Morgan Stanley reiterated an “underweight” rating and issued a $258.00 target price on shares of Cboe Global Markets in a research report on Friday, July 10th. Barclays reduced their price target on shares of Cboe Global Markets from $382.00 to $347.00 and set an “overweight” rating for the company in a research report on Thursday, July 9th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a research note on Monday, May 4th. Four analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $303.60.

Insider Transactions at Cboe Global Markets

In related news, Director Janet P. Froetscher sold 1,223 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $358.09, for a total transaction of $437,944.07. Following the completion of the sale, the director owned 13,807 shares of the company’s stock, valued at approximately $4,944,148.63. This represents a 8.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.51% of the company’s stock.

About Cboe Global Markets

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.