OMERS ADMINISTRATION Corp Purchases 2,207 Shares of Cboe Global Markets, Inc. $CBOE

OMERS ADMINISTRATION Corp boosted its position in Cboe Global Markets, Inc. (BATS:CBOE) by 18.5% during the first quarter, Holdings Channel reports. The fund owned 14,114 shares of the company’s stock after acquiring an additional 2,207 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Cboe Global Markets were worth $3,963,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Sound Income Strategies LLC lifted its stake in Cboe Global Markets by 102.2% during the fourth quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock worth $25,000 after purchasing 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 4th quarter valued at about $26,000. NFSG Corp purchased a new position in shares of Cboe Global Markets during the 1st quarter valued at about $31,000. Headlands Technologies LLC purchased a new position in shares of Cboe Global Markets during the 2nd quarter valued at about $31,000. Finally, Elyxium Wealth LLC bought a new stake in Cboe Global Markets in the 4th quarter worth approximately $33,000. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Insider Activity

In related news, Director Janet P. Froetscher sold 1,223 shares of the firm’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $358.09, for a total value of $437,944.07. Following the sale, the director directly owned 13,807 shares of the company’s stock, valued at $4,944,148.63. This trade represents a 8.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 owned by insiders.

Cboe Global Markets Trading Up 1.3%

BATS:CBOE opened at $288.87 on Tuesday. The company has a fifty day moving average of $284.45 and a 200 day moving average of $289.50. Cboe Global Markets, Inc. has a 52 week low of $227.15 and a 52 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 has a market capitalization of $30.64 billion, a P/E ratio of 148.90 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings results on Friday, May 1st. The company reported $3.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.37 by $0.33. The business 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 company’s revenue was up 29.0% on a year-over-year basis. During the same quarter last year, the firm earned $2.50 EPS. On average, research analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Announces Dividend

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

Analyst Upgrades and Downgrades

Several analysts have issued reports on CBOE shares. Barclays cut their target price on Cboe Global Markets from $382.00 to $347.00 and set an “overweight” rating for the company in a research note on Thursday, July 9th. Morgan Stanley restated an “underweight” rating and issued a $258.00 price objective on shares of Cboe Global Markets in a report on Friday, July 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a report on Monday, May 4th. Piper Sandler cut their price target on shares of 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, TD Cowen raised their price objective on Cboe Global Markets from $259.00 to $304.00 and gave the company a “hold” rating in a research note on Monday, July 20th. Four investment 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. Based on data from MarketBeat.com, Cboe Global Markets currently has a consensus rating of “Hold” and an average target price 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.