1832 Asset Management L.P. Buys 1,209 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

1832 Asset Management L.P. lifted its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 9.2% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 14,320 shares of the company’s stock after acquiring an additional 1,209 shares during the quarter. 1832 Asset Management L.P.’s holdings in Cboe Global Markets were worth $2,631,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of CBOE. Norges Bank purchased a new stake in Cboe Global Markets in the 4th quarter worth approximately $226,557,000. Charles Schwab Investment Management Inc. lifted its stake in Cboe Global Markets by 2.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 847,186 shares of the company’s stock worth $151,274,000 after purchasing an additional 16,224 shares during the last quarter. Tandem Investment Advisors Inc. boosted its stake in Cboe Global Markets by 10.4% in the first quarter. Tandem Investment Advisors Inc. now owns 799,880 shares of the company’s stock worth $146,962,000 after buying an additional 75,138 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Cboe Global Markets by 19.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 526,423 shares of the company’s stock valued at $93,998,000 after acquiring an additional 85,433 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Cboe Global Markets by 3.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 497,746 shares of the company’s stock valued at $88,875,000 after purchasing an additional 14,784 shares during the last quarter. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Insider Buying and Selling

In other Cboe Global Markets news, COO Christopher A. Isaacson sold 6,000 shares of the company’s stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $175.00, for a total transaction of $1,050,000.00. Following the transaction, the chief operating officer now owns 51,855 shares in the company, valued at approximately $9,074,625. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other Cboe Global Markets news, EVP Catherine R. Clay sold 1,100 shares of Cboe Global Markets stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $185.06, for a total value of $203,566.00. Following the completion of the sale, the executive vice president now owns 4,656 shares of the company’s stock, valued at approximately $861,639.36. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, COO Christopher A. Isaacson sold 6,000 shares of the stock in a transaction on 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. In the last ninety days, insiders sold 9,600 shares of company stock worth $1,720,241. 0.51% of the stock is owned by corporate insiders.

Cboe Global Markets Stock Down 0.3 %

Shares of CBOE traded down $0.59 during trading hours on Friday, hitting $186.46. The company had a trading volume of 549,938 shares, compared to its average volume of 636,231. The stock has a market capitalization of $19.78 billion, a price-to-earnings ratio of 96.11 and a beta of 0.61. The firm has a fifty day moving average price of $175.05 and a 200-day moving average price of $180.54. Cboe Global Markets, Inc. has a 52-week low of $103.82 and a 52-week high of $139.00. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21.

Cboe Global Markets (BATS:CBOE) last released its quarterly earnings data on Friday, May 3rd. The company reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates of $2.04 by $0.11. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business had revenue of $502.10 million during the quarter, compared to analyst estimates of $504.80 million. During the same period last year, the business earned $1.90 EPS. Cboe Global Markets’s revenue was up 6.5% compared to the same quarter last year. On average, equities research analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 31st were given a dividend of $0.55 per share. The ex-dividend date was Friday, May 31st. This represents a $2.20 annualized dividend and a dividend yield of 1.18%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on CBOE shares. Morgan Stanley reiterated an “equal weight” rating and issued a $199.00 price objective (down previously from $211.00) on shares of Cboe Global Markets in a report on Tuesday, April 9th. Bank of America raised their target price on shares of Cboe Global Markets from $200.00 to $204.00 and gave the stock a “buy” rating in a report on Friday, April 19th. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $197.00 price target on shares of Cboe Global Markets in a report on Thursday, April 4th. Rosenblatt Securities boosted their price target on Cboe Global Markets from $200.00 to $205.00 and gave the company a “buy” rating in a report on Monday, May 6th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $206.00 price objective on shares of Cboe Global Markets in a report on Monday, May 6th. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $189.09.

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.