Cboe Global Markets, Inc. $CBOE Stake Boosted by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund lifted its stake in Cboe Global Markets, Inc. (BATS:CBOE) by 5.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 82,786 shares of the company’s stock after acquiring an additional 4,365 shares during the quarter. Illinois Municipal Retirement Fund owned approximately 0.08% of Cboe Global Markets worth $20,779,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Kendall Capital Management raised its stake in shares of Cboe Global Markets by 0.5% during the 4th quarter. Kendall Capital Management now owns 8,862 shares of the company’s stock worth $2,224,000 after purchasing an additional 40 shares in the last quarter. Norinchukin Bank The grew its stake in shares of Cboe Global Markets by 0.7% in the 3rd quarter. Norinchukin Bank The now owns 5,884 shares of the company’s stock valued at $1,443,000 after buying an additional 42 shares in the last quarter. Aprio Wealth Management LLC increased its holdings in Cboe Global Markets by 3.1% in the third quarter. Aprio Wealth Management LLC now owns 1,432 shares of the company’s stock worth $351,000 after buying an additional 43 shares during the last quarter. IHT Wealth Management LLC increased its holdings in Cboe Global Markets by 4.5% in the second quarter. IHT Wealth Management LLC now owns 1,021 shares of the company’s stock worth $238,000 after buying an additional 44 shares during the last quarter. Finally, Sound Income Strategies LLC increased its holdings in Cboe Global Markets by 102.2% in the fourth quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock worth $25,000 after buying an additional 46 shares during the last quarter. Institutional investors and hedge funds own 81.73% of the company’s stock.

Cboe Global Markets Stock Up 3.6%

CBOE opened at $301.08 on Thursday. The firm has a market cap of $31.93 billion, a P/E ratio of 155.20 and a beta of 0.61. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. The business has a 50 day moving average price of $317.18 and a 200 day moving average price of $286.69. Cboe Global Markets, Inc. has a twelve month low of $219.27 and a twelve month high of $371.18.

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 company had revenue of $728.90 million for the quarter, compared to the consensus estimate of $688.36 million. During the same quarter last year, the company posted $2.50 earnings per share. The company’s revenue for the quarter was up 29.0% compared to the same quarter last year. Research analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be issued a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, May 29th. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

Wall Street Analyst Weigh In

CBOE has been the subject of a number of analyst reports. Argus upgraded shares of Cboe Global Markets to a “hold” rating in a research note on Wednesday, March 11th. Loop Capital set a $382.00 price target on shares of Cboe Global Markets in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Cboe Global Markets in a report on Monday, May 4th. Zacks Research upgraded shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a report on Monday. Finally, TD Cowen increased their target price on shares of Cboe Global Markets from $293.00 to $365.00 and gave the stock a “hold” rating in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $322.60.

Insider Transactions at Cboe Global Markets

In related news, Director Janet P. Froetscher sold 1,223 shares of the firm’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $358.09, for a total value of $437,944.07. Following the transaction, the director directly owned 13,807 shares in the company, valued at approximately $4,944,148.63. This trade represents a 8.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.51% of the company’s stock.

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.