Cboe Global Markets, Inc. $CBOE Position Lowered by Liontrust Investment Partners LLP

Liontrust Investment Partners LLP trimmed its position in Cboe Global Markets, Inc. (BATS:CBOE) by 6.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 54,986 shares of the company’s stock after selling 3,754 shares during the quarter. Liontrust Investment Partners LLP owned approximately 0.05% of Cboe Global Markets worth $15,455,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of CBOE. Norges Bank acquired a new position in Cboe Global Markets in the fourth quarter valued at approximately $354,578,000. Balyasny Asset Management L.P. grew its stake in shares of Cboe Global Markets by 1,340.0% in the third quarter. Balyasny Asset Management L.P. now owns 749,658 shares of the company’s stock worth $183,854,000 after purchasing an additional 697,600 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Cboe Global Markets by 2,425.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 661,391 shares of the company’s stock valued at $166,009,000 after buying an additional 635,199 shares in the last quarter. Marshall Wace LLP acquired a new position in shares of Cboe Global Markets during the third quarter valued at approximately $107,052,000. Finally, Amundi increased its position in shares of Cboe Global Markets by 47.9% during the 4th quarter. Amundi now owns 981,720 shares of the company’s stock valued at $246,412,000 after purchasing an additional 317,941 shares during the period. Institutional investors own 81.73% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on CBOE. Erste Group Bank downgraded shares of Cboe Global Markets from a “buy” rating to a “hold” rating in a report on Friday, June 5th. Loop Capital set a $288.00 target price on shares of Cboe Global Markets in a report on Tuesday. Keefe, Bruyette & Woods increased their target price on shares of Cboe Global Markets from $300.00 to $335.00 and gave the company a “market perform” rating in a research note on Monday, May 4th. Morgan Stanley reissued an “underweight” rating and set a $258.00 target price on shares of Cboe Global Markets in a research note on Friday, July 10th. Finally, Zacks Research cut shares of Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 8th. Four analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $300.73.

Insider Buying and Selling

In related news, Director Janet P. Froetscher sold 1,223 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the director owned 13,807 shares of the company’s stock, valued at approximately $4,944,148.63. This trade represents a 8.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.51% of the company’s stock.

Cboe Global Markets Price Performance

CBOE stock opened at $296.52 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. Cboe Global Markets, Inc. has a one year low of $227.15 and a one year high of $371.18. The firm has a market capitalization of $31.45 billion, a PE ratio of 152.85 and a beta of 0.61. The firm has a 50-day moving average of $280.97 and a two-hundred day moving average of $290.37.

Cboe Global Markets (BATS:CBOE) last released its earnings results on Friday, May 1st. The company reported $3.70 earnings per share for the quarter, topping the consensus estimate of $3.37 by $0.33. The business had revenue of $728.90 million for the quarter, compared to the consensus estimate of $688.36 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The firm’s quarterly revenue was up 29.0% compared to the same quarter last year. During the same period last year, the firm posted $2.50 earnings per share. On average, analysts forecast that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were given 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 dividend payout ratio is 98.97%.

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. 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.