Cboe Global Markets, Inc. $CBOE Shares Bought by First Washington CORP

First Washington CORP lifted its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 33.0% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 22,965 shares of the company’s stock after buying an additional 5,700 shares during the quarter. Cboe Global Markets makes up 1.8% of First Washington CORP’s portfolio, making the stock its 17th biggest position. First Washington CORP’s holdings in Cboe Global Markets were worth $6,455,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Sound Income Strategies LLC lifted its holdings in Cboe Global Markets by 102.2% in the fourth quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock worth $25,000 after acquiring an additional 46 shares during the last quarter. University of Texas Texas AM Investment Management Co. bought a new position in shares of Cboe Global Markets during the fourth quarter valued at approximately $26,000. NFSG Corp bought a new position in shares of Cboe Global Markets during the first quarter valued at approximately $31,000. Elyxium Wealth LLC acquired a new stake in shares of Cboe Global Markets during the 4th quarter worth approximately $33,000. Finally, Headlands Technologies LLC acquired a new stake in shares of Cboe Global Markets during the 2nd quarter worth approximately $31,000. 81.73% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Cboe Global Markets 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 owned 13,807 shares in the company, valued at approximately $4,944,148.63. The trade was a 8.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by insiders.

Cboe Global Markets Price Performance

Shares of BATS:CBOE opened at $284.86 on Friday. The firm’s 50 day moving average is $287.56 and its two-hundred day moving average is $288.99. The firm has a market capitalization of $30.21 billion, a P/E ratio of 146.84 and a beta of 0.61. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. 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 issued 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 the consensus estimate of $688.36 million. During the same period in the previous year, the firm posted $2.50 earnings per share. The business’s revenue was up 29.0% on a year-over-year basis. Analysts anticipate that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Announces Dividend

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

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Cboe Global Markets in a report on Monday, May 4th. Piper Sandler lowered their price objective on Cboe Global Markets from $355.00 to $320.00 and set an “overweight” rating for the company in a research note on Wednesday, July 15th. Zacks Research lowered Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 8th. UBS Group raised their target price 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, Keefe, Bruyette & Woods boosted their price target on shares of Cboe Global Markets from $300.00 to $335.00 and gave the company a “market perform” rating in a report on Monday, May 4th. Four equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $303.60.

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.