Cboe Global Markets, Inc. (BATS:CBOE) Shares Sold by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado cut its position in Cboe Global Markets, Inc. (BATS:CBOE) by 0.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 116,344 shares of the company’s stock after selling 831 shares during the quarter. Public Employees Retirement Association of Colorado owned 0.11% of Cboe Global Markets worth $21,376,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Monument Capital Management purchased a new stake in shares of Cboe Global Markets in the 4th quarter valued at about $215,000. Illinois Municipal Retirement Fund lifted its holdings in shares of Cboe Global Markets by 30.8% in the 4th quarter. Illinois Municipal Retirement Fund now owns 8,004 shares of the company’s stock valued at $1,429,000 after purchasing an additional 1,883 shares during the last quarter. Accuvest Global Advisors purchased a new stake in shares of Cboe Global Markets in the 4th quarter valued at about $345,000. Seelaus Asset Management LLC purchased a new stake in shares of Cboe Global Markets in the 4th quarter valued at about $352,000. Finally, Hilltop Holdings Inc. lifted its holdings in shares of Cboe Global Markets by 1.8% in the 4th quarter. Hilltop Holdings Inc. now owns 16,715 shares of the company’s stock valued at $2,985,000 after purchasing an additional 298 shares during the last quarter. 81.73% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. 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 research report on Monday, May 6th. Bank of America boosted their price target on Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a research report on Friday, April 19th. Oppenheimer restated an “outperform” rating and issued a $206.00 price target on shares of Cboe Global Markets in a research report on Monday, May 6th. Barclays dropped their price target on Cboe Global Markets from $215.00 to $194.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 10th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $199.00 price target (down previously from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $189.09.

Cboe Global Markets Price Performance

Shares of BATS:CBOE traded down $0.59 during trading on Monday, hitting $186.46. 549,938 shares of the stock were exchanged, compared to its average volume of 636,231. The company has a fifty day moving average price of $175.05 and a two-hundred day moving average price of $180.57. The company has a market cap of $19.78 billion, a PE ratio of 96.11 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 12-month low of $103.82 and a 12-month high of $139.00.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings results on Friday, May 3rd. The company reported $2.15 EPS for the quarter, topping the consensus estimate of $2.04 by $0.11. The business had revenue of $502.10 million for the quarter, compared to analyst estimates of $504.80 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The company’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.90 EPS. On average, analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 31st were paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date of this dividend was Friday, May 31st. Cboe Global Markets’s payout ratio is currently 98.97%.

Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, EVP Dave Howson sold 2,500 shares of the stock in a transaction on Monday, July 22nd. The stock was sold at an average price of $186.67, for a total transaction of $466,675.00. Following the transaction, the executive vice president now owns 15,073 shares of the company’s stock, valued at approximately $2,813,676.91. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other Cboe Global Markets news, COO Christopher A. Isaacson sold 6,000 shares of the stock in a transaction on Friday, June 21st. The stock was 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 of the company’s stock, valued at approximately $9,074,625. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Dave Howson sold 2,500 shares of the stock in a transaction on Monday, July 22nd. The stock was sold at an average price of $186.67, for a total value of $466,675.00. Following the transaction, the executive vice president now directly owns 15,073 shares in the company, valued at approximately $2,813,676.91. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 9,600 shares of company stock valued at $1,720,241. 0.51% of the stock is owned by corporate insiders.

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.