Dimensional Fund Advisors LP Has $189.08 Million Holdings in Cboe Global Markets, Inc. $CBOE

Dimensional Fund Advisors LP raised its stake in Cboe Global Markets, Inc. (BATS:CBOE) by 0.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 672,704 shares of the company’s stock after purchasing an additional 5,168 shares during the period. Dimensional Fund Advisors LP’s holdings in Cboe Global Markets were worth $189,083,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of Cboe Global Markets by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 12,955,689 shares of the company’s stock worth $3,251,878,000 after purchasing an additional 120,021 shares during the period. State Street Corp raised its position in shares of Cboe Global Markets by 2.1% during the third quarter. State Street Corp now owns 4,996,816 shares of the company’s stock valued at $1,225,469,000 after buying an additional 101,349 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Cboe Global Markets by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 2,987,134 shares of the company’s stock valued at $750,940,000 after buying an additional 65,108 shares during the period. Morgan Stanley lifted its stake in shares of Cboe Global Markets by 6.1% in the fourth quarter. Morgan Stanley now owns 2,691,162 shares of the company’s stock valued at $675,482,000 after buying an additional 155,333 shares during the period. Finally, Invesco Ltd. grew its position in Cboe Global Markets by 5.8% during the fourth quarter. Invesco Ltd. now owns 1,931,272 shares of the company’s stock worth $484,749,000 after buying an additional 105,168 shares in the last quarter. 81.73% of the stock is owned by institutional investors.

Insider Activity at Cboe Global Markets

In other news, Director Janet P. Froetscher sold 1,223 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $358.09, for a total value of $437,944.07. Following the sale, the director owned 13,807 shares of the company’s stock, valued at approximately $4,944,148.63. This represents a 8.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.51% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Morgan Stanley restated an “underweight” rating and set a $258.00 price target on shares of Cboe Global Markets in a research note on Friday, July 10th. Zacks Research lowered Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 8th. TD Cowen boosted their price objective on Cboe Global Markets from $259.00 to $304.00 and gave the company a “hold” rating in a research report on Monday. Loop Capital set a $304.00 price objective on Cboe Global Markets in a research report on Monday. Finally, Erste Group Bank lowered Cboe Global Markets from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. Four investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Cboe Global Markets currently has an average rating of “Hold” and an average target price of $303.60.

Cboe Global Markets Trading Up 0.1%

Shares of CBOE opened at $285.07 on Friday. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. The stock has a market cap of $30.24 billion, a PE ratio of 146.94 and a beta of 0.61. Cboe Global Markets, Inc. has a 1 year low of $227.15 and a 1 year high of $371.18. The stock has a 50 day simple moving average of $286.00 and a 200-day simple moving average of $288.96.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings results on Friday, May 1st. The company reported $3.70 EPS for the quarter, beating the consensus estimate of $3.37 by $0.33. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The business had revenue of $728.90 million for the quarter, compared to analyst estimates of $688.36 million. During the same quarter in the previous year, the firm earned $2.50 EPS. Cboe Global Markets’s quarterly revenue was up 29.0% on a year-over-year basis. On average, sell-side analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

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

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. 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.