Aware Super Pty Ltd as trustee of Aware Super Invests $30.15 Million in Cboe Global Markets, Inc. $CBOE

Aware Super Pty Ltd as trustee of Aware Super purchased a new position in shares of Cboe Global Markets, Inc. (BATS:CBOE) in the first quarter, HoldingsChannel.com reports. The fund purchased 107,260 shares of the company’s stock, valued at approximately $30,148,000.

Other large investors have also bought and sold shares of the company. Sound Income Strategies LLC lifted its stake in 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 during the period. University of Texas Texas AM Investment Management Co. bought a new stake in shares of Cboe Global Markets in the 4th quarter valued at about $26,000. NFSG Corp bought a new stake in shares of Cboe Global Markets in the 1st quarter valued at about $31,000. Headlands Technologies LLC acquired a new stake in shares of Cboe Global Markets in the 2nd quarter valued at approximately $31,000. Finally, Elyxium Wealth LLC acquired a new stake in shares of Cboe Global Markets in the 4th quarter valued at approximately $33,000. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Janet P. Froetscher sold 1,223 shares of the company’s stock in a transaction on Monday, May 18th. The shares were 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 approximately $4,944,148.63. This represents a 8.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.51% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Erste Group Bank lowered shares of Cboe Global Markets from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. Keefe, Bruyette & Woods increased their target price 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. TD Cowen increased their target price on shares of Cboe Global Markets from $293.00 to $365.00 and gave the stock a “hold” rating in a report on Monday, May 4th. Piper Sandler reduced their price target on shares of Cboe Global Markets from $355.00 to $320.00 and set an “overweight” rating on the stock in a research report on Wednesday. Finally, Morgan Stanley reissued an “underweight” rating and issued a $258.00 price target on shares of Cboe Global Markets in a report on Friday, July 10th. Four equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $314.00.

Cboe Global Markets Price Performance

BATS CBOE opened at $277.89 on Friday. 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 stock has a market cap of $29.47 billion, a price-to-earnings ratio of 143.24 and a beta of 0.61. The business has a 50 day simple moving average of $295.31 and a 200 day simple moving average of $288.07. Cboe Global Markets, Inc. has a 52-week low of $227.15 and a 52-week high of $371.18.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings results on Friday, May 1st. The company reported $3.70 earnings per share for the quarter, beating analysts’ consensus estimates of $3.37 by $0.33. The firm had revenue of $728.90 million for the quarter, compared to analyst estimates of $688.36 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business’s revenue was up 29.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.50 earnings per share. Analysts anticipate that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were given a $0.72 dividend. This represents a $2.88 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Friday, May 29th. 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. 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.