O Shaughnessy Asset Management LLC Has $9.36 Million Holdings in Cboe Global Markets, Inc. (BATS:CBOE)

O Shaughnessy Asset Management LLC raised its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 7.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 50,920 shares of the company’s stock after buying an additional 3,586 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Cboe Global Markets were worth $9,356,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of Cboe Global Markets during the fourth quarter worth approximately $226,557,000. Perpetual Ltd purchased a new stake in Cboe Global Markets in the 1st quarter valued at $74,868,000. Allianz Asset Management GmbH raised its position in Cboe Global Markets by 439.5% in the 4th quarter. Allianz Asset Management GmbH now owns 317,631 shares of the company’s stock valued at $56,716,000 after buying an additional 258,753 shares during the last quarter. Rheos Capital Works Inc. raised its position in Cboe Global Markets by 620.8% in the 4th quarter. Rheos Capital Works Inc. now owns 187,400 shares of the company’s stock valued at $33,462,000 after buying an additional 161,400 shares during the last quarter. Finally, Los Angeles Capital Management LLC raised its position in Cboe Global Markets by 120.5% in the 4th quarter. Los Angeles Capital Management LLC now owns 285,616 shares of the company’s stock valued at $51,000,000 after buying an additional 156,109 shares during the last quarter. 81.73% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently commented on CBOE. Barclays lowered their price target on Cboe Global Markets from $215.00 to $194.00 and set an “overweight” rating for the company in a research report on Wednesday, July 10th. Oppenheimer restated an “outperform” rating and issued a $206.00 price objective on shares of Cboe Global Markets in a research note on Monday, May 6th. Bank of America upped their price objective on Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a research note on Friday, April 19th. Morgan Stanley restated an “equal weight” rating and issued a $199.00 price objective (down previously from $211.00) on shares of Cboe Global Markets in a research note on Tuesday, April 9th. Finally, Keefe, Bruyette & Woods restated a “market perform” rating and issued a $197.00 price objective on shares of Cboe Global Markets in a research note on Thursday, April 4th. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $189.09.

Cboe Global Markets Price Performance

CBOE traded down $2.78 during trading on Wednesday, reaching $183.22. 827,629 shares of the company were exchanged, compared to its average volume of 636,231. The company’s 50-day moving average is $174.74 and its two-hundred day moving average is $180.35. The company has a market cap of $19.43 billion, a price-to-earnings ratio of 94.34 and a beta of 0.61. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. Cboe Global Markets, Inc. has a 12-month low of $103.82 and a 12-month high of $139.00.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings data on Friday, May 3rd. The company reported $2.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.11. The business had revenue of $502.10 million for the quarter, compared to analysts’ expectations of $504.80 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 6.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.90 EPS. Research analysts forecast that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 14th. Shareholders of record on Friday, May 31st were issued a $0.55 dividend. The ex-dividend date was Friday, May 31st. This represents a $2.20 annualized dividend and a dividend yield of 1.20%. Cboe Global Markets’s payout ratio is currently 98.97%.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, COO Christopher A. Isaacson sold 6,000 shares of the firm’s stock in a transaction dated Friday, June 21st. The stock was sold at an average price of $175.00, for a total value of $1,050,000.00. Following the sale, the chief operating officer now owns 51,855 shares of the company’s stock, valued at approximately $9,074,625. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, EVP Catherine R. Clay sold 1,100 shares of the firm’s stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $185.06, for a total transaction of $203,566.00. Following the transaction, the executive vice president now directly owns 4,656 shares of the company’s stock, valued at approximately $861,639.36. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Christopher A. Isaacson sold 6,000 shares of the firm’s stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $175.00, for a total value of $1,050,000.00. Following the transaction, the chief operating officer now directly owns 51,855 shares in the company, valued at $9,074,625. The disclosure for this sale can be found here. Insiders own 0.51% of the company’s stock.

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.