Hexavest Inc. Grows Position in Cboe Global Markets Inc (CBOE)

Hexavest Inc. lifted its stake in shares of Cboe Global Markets Inc (NASDAQ:CBOE) by 3.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 191,733 shares of the financial services provider’s stock after buying an additional 6,245 shares during the quarter. Hexavest Inc.’s holdings in Cboe Global Markets were worth $23,888,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in CBOE. Principal Financial Group Inc. lifted its position in shares of Cboe Global Markets by 4.0% during the 2nd quarter. Principal Financial Group Inc. now owns 147,356 shares of the financial services provider’s stock valued at $13,468,000 after acquiring an additional 5,638 shares during the period. Oppenheimer & Co. Inc. lifted its position in shares of Cboe Global Markets by 2.5% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 2,535 shares of the financial services provider’s stock valued at $232,000 after acquiring an additional 61 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Cboe Global Markets by 119.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 247,443 shares of the financial services provider’s stock valued at $22,616,000 after acquiring an additional 134,684 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Cboe Global Markets by 0.3% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,826 shares of the financial services provider’s stock valued at $624,000 after purchasing an additional 21 shares in the last quarter. Finally, Tredje AP fonden bought a new stake in Cboe Global Markets during the 2nd quarter valued at $869,000. Institutional investors own 83.65% of the company’s stock.

Shares of Cboe Global Markets Inc (NASDAQ:CBOE) opened at $131.51 on Friday. Cboe Global Markets Inc has a one year low of $73.56 and a one year high of $133.31. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.46. The stock has a market cap of $14,997.99, a price-to-earnings ratio of 41.70, a PEG ratio of 1.53 and a beta of 0.52.

Cboe Global Markets (NASDAQ:CBOE) last posted its earnings results on Tuesday, November 7th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.88 by $0.01. Cboe Global Markets had a net margin of 10.55% and a return on equity of 14.70%. The firm had revenue of $269.70 million during the quarter, compared to analyst estimates of $270.14 million. During the same quarter in the prior year, the business posted $0.72 EPS. The business’s revenue was up 98.0% compared to the same quarter last year. research analysts expect that Cboe Global Markets Inc will post 3.43 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, December 1st were paid a $0.27 dividend. The ex-dividend date was Thursday, November 30th. This represents a $1.08 annualized dividend and a dividend yield of 0.82%. Cboe Global Markets’s payout ratio is 58.70%.

A number of brokerages have commented on CBOE. Zacks Investment Research lowered shares of Cboe Global Markets from a “buy” rating to a “hold” rating in a research note on Friday, September 15th. BidaskClub lowered shares of Cboe Global Markets from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, December 20th. Jefferies Group restated a “hold” rating and set a $92.00 price target on shares of Cboe Global Markets in a research note on Tuesday, October 3rd. Royal Bank of Canada lowered shares of Cboe Global Markets from an “outperform” rating to a “sector perform” rating and boosted their price target for the company from $100.00 to $108.00 in a research note on Monday, October 16th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $130.00 price target on shares of Cboe Global Markets in a research note on Friday, December 22nd. Seven equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $114.10.

In other news, Chairman Edward T. Tilly sold 5,000 shares of the company’s stock in a transaction on Monday, December 11th. The shares were sold at an average price of $126.28, for a total value of $631,400.00. Following the completion of the sale, the chairman now owns 70,611 shares in the company, valued at approximately $8,916,757.08. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Christopher A. Isaacson sold 7,019 shares of the company’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $124.42, for a total transaction of $873,303.98. Following the completion of the sale, the vice president now owns 90,229 shares of the company’s stock, valued at approximately $11,226,292.18. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,989 shares of company stock valued at $1,622,840. Company insiders own 1.86% of the company’s stock.

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Cboe Global Markets Company Profile

Cboe Global Markets, Inc, formerly CBOE Holdings, Inc, is a holding company. The Company provides trading and investment solutions to investors around the world. It offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, United States and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index).

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Institutional Ownership by Quarter for Cboe Global Markets (NASDAQ:CBOE)

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