PensionDanmark Pensionsforsikringsaktieselskab Increases Position in Cboe Global Markets, Inc. $CBOE

PensionDanmark Pensionsforsikringsaktieselskab lifted its position in Cboe Global Markets, Inc. (BATS:CBOE) by 113.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,930 shares of the company’s stock after acquiring an additional 8,450 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Cboe Global Markets were worth $3,866,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CBOE. Pacer Advisors Inc. increased 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 worth $2,921,000 after buying an additional 3,119 shares during the period. Brindle & Bay Financial Advisors LLC acquired a new stake in Cboe Global Markets during the 4th quarter valued at approximately $735,000. Robeco Institutional Asset Management B.V. lifted its stake in Cboe Global Markets by 3.6% during 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 acquiring an additional 15,648 shares during the period. Bleakley Financial Group LLC acquired a new stake in Cboe Global Markets during the 1st quarter valued at approximately $3,831,000. Finally, Fideuram Asset Management Ireland dac purchased a new stake in shares of Cboe Global Markets in the 4th quarter valued at $995,000. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Price Performance

Shares of BATS CBOE opened at $286.58 on Monday. 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 $30.40 billion, a price-to-earnings ratio of 147.72 and a beta of 0.61. The firm’s 50 day simple moving average is $274.21 and its 200-day simple moving average is $291.36. Cboe Global Markets, Inc. has a 12 month low of $227.15 and a 12 month high of $371.18.

Cboe Global Markets (BATS:CBOE) last posted its earnings results on Friday, July 31st. The company reported $3.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.49 by $0.07. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The firm had revenue of $731.60 million during the quarter, compared to analysts’ expectations of $716.61 million. During the same period in the previous year, the business posted $2.46 EPS. The business’s revenue was up 24.6% compared to the same quarter last year. Analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Announces Dividend

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

Insider Buying and Selling at Cboe Global Markets

In other news, Director Janet P. Froetscher sold 1,223 shares of the stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $358.09, for a total transaction 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 represents a 8.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.51% of the company’s stock.

Analysts Set New Price Targets

CBOE has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Cboe Global Markets in a research note on Monday, August 3rd. Zacks Research lowered shares of Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 8th. Keefe, Bruyette & Woods increased their price target on Cboe Global Markets from $300.00 to $335.00 and gave the stock a “market perform” rating in a research report on Monday, May 4th. Erste Group Bank lowered Cboe Global Markets from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. Finally, Morgan Stanley reissued an “underweight” rating and issued a $258.00 price objective on shares of Cboe Global Markets in a report on Friday, July 10th. Three research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $315.30.

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.