Cboe Global Markets, Inc. $CBOE Stock Holdings Boosted by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd lifted its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 17.8% in the 1st quarter, Holdings Channel reports. The fund owned 15,205 shares of the company’s stock after buying an additional 2,293 shares during the period. Mediolanum International Funds Ltd’s holdings in Cboe Global Markets were worth $4,292,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Sound Income Strategies LLC boosted its stake in Cboe Global Markets by 102.2% during the 4th quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $25,000 after purchasing an additional 46 shares during the period. University of Texas Texas AM Investment Management Co. bought a new position in Cboe Global Markets in the 4th quarter worth about $26,000. NFSG Corp acquired a new stake in shares of Cboe Global Markets in the first quarter valued at approximately $31,000. Headlands Technologies LLC acquired a new stake in shares of Cboe Global Markets in the second quarter valued at approximately $31,000. Finally, Elyxium Wealth LLC bought a new stake in shares of Cboe Global Markets during the fourth quarter valued at approximately $33,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Cboe Global Markets Trading Up 1.8%

Cboe Global Markets stock opened at $278.21 on Tuesday. Cboe Global Markets, Inc. has a 12-month low of $227.15 and a 12-month high of $371.18. 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 has a market capitalization of $29.51 billion, a PE ratio of 143.41 and a beta of 0.61. The firm has a 50 day simple moving average of $292.36 and a 200-day simple moving average of $288.36.

Cboe Global Markets (BATS:CBOE) last announced its earnings results on Friday, May 1st. The company reported $3.70 EPS for the quarter, topping the consensus estimate of $3.37 by $0.33. The firm had revenue of $728.90 million for the quarter, compared to analysts’ expectations of $688.36 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The firm’s quarterly revenue was up 29.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.50 earnings per share. As a group, equities research analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were paid a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a dividend 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%.

Insider Buying and Selling at Cboe Global Markets

In other news, Director Janet P. Froetscher sold 1,223 shares of the company’s stock in a transaction 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 sale, the director owned 13,807 shares in the company, valued at $4,944,148.63. This represents a 8.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on CBOE shares. TD Cowen boosted their price objective on Cboe Global Markets from $259.00 to $304.00 and gave the stock a “hold” rating in a research report on Monday. Morgan Stanley restated an “underweight” rating and issued a $258.00 target price on shares of Cboe Global Markets in a research report on Friday, July 10th. Loop Capital set a $304.00 target price on Cboe Global Markets in a research note on Monday. Piper Sandler reduced their price target on Cboe Global Markets from $355.00 to $320.00 and set an “overweight” rating for the company in a research report on Wednesday, July 15th. Finally, Zacks Research cut Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 8th. Four equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Cboe Global Markets presently has a consensus rating of “Hold” and an average price target of $303.60.

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.