Cboe Global Markets, Inc. $CBOE Stake Increased by Quantinno Capital Management LP

Quantinno Capital Management LP raised its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 28.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 117,617 shares of the company’s stock after acquiring an additional 25,990 shares during the quarter. Quantinno Capital Management LP owned approximately 0.11% of Cboe Global Markets worth $33,059,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC increased its position in Cboe Global Markets by 13.4% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 59,193 shares of the company’s stock worth $14,686,000 after purchasing an additional 7,012 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in Cboe Global Markets by 36.6% in the 4th quarter. Pacer Advisors Inc. now owns 11,639 shares of the company’s stock valued at $2,921,000 after purchasing an additional 3,119 shares during the last quarter. Brindle & Bay Financial Advisors LLC acquired a new position in Cboe Global Markets in the 4th quarter valued at about $735,000. Robeco Institutional Asset Management B.V. grew its stake in shares of Cboe Global Markets by 3.6% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 453,753 shares of the company’s stock valued at $113,892,000 after buying an additional 15,648 shares during the period. Finally, Bleakley Financial Group LLC purchased a new stake in shares of Cboe Global Markets in the 1st quarter valued at approximately $3,831,000. 81.73% of the stock is currently owned by institutional investors.

Insider Transactions at Cboe Global Markets

In related news, Director Janet P. Froetscher sold 1,223 shares of the business’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $358.09, for a total transaction 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. The trade was a 8.14% decrease in their position. The transaction 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. Company insiders own 0.51% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on CBOE. JPMorgan Chase & Co. lifted their price target on shares of Cboe Global Markets from $277.00 to $288.00 and gave the company an “underweight” rating in a research report on Tuesday. Morgan Stanley reissued an “underweight” rating and set a $258.00 target price on shares of Cboe Global Markets in a research note on Friday, July 10th. TD Cowen lifted their target price on Cboe Global Markets from $259.00 to $304.00 and gave the company a “hold” rating in a research report on Monday, July 20th. UBS Group upped their price target on Cboe Global Markets from $305.00 to $335.00 and gave the company a “neutral” rating in a research note on Monday, May 4th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Cboe Global Markets in a research report on Monday, May 4th. Four equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Cboe Global Markets presently has an average rating of “Hold” and a consensus target price of $300.73.

Cboe Global Markets Price Performance

Shares of CBOE opened at $296.52 on Friday. The company has a market cap of $31.45 billion, a P/E ratio of 152.85 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. 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 firm’s 50 day moving average price is $280.97 and its 200 day moving average price is $290.37.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings results on Friday, May 1st. The company reported $3.70 EPS for the quarter, beating the consensus estimate of $3.37 by $0.33. The company had revenue of $728.90 million during the quarter, compared to analysts’ expectations of $688.36 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The firm’s revenue was up 29.0% compared to the same quarter last year. During the same quarter last year, the company posted $2.50 EPS. On average, research 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 business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were issued a $0.72 dividend. 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 dividend payout ratio (DPR) is 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. 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.