Duality Advisers LP Invests $1.55 Million in Cboe Global Markets, Inc. (BATS:CBOE)

Duality Advisers LP bought a new position in shares of Cboe Global Markets, Inc. (BATS:CBOE) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 8,444 shares of the company’s stock, valued at approximately $1,551,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CBOE. FinTrust Capital Advisors LLC grew its stake in Cboe Global Markets by 170.0% during the 1st quarter. FinTrust Capital Advisors LLC now owns 135 shares of the company’s stock worth $25,000 after buying an additional 85 shares during the last quarter. Optiver Holding B.V. purchased a new stake in Cboe Global Markets during the 4th quarter valued at about $29,000. Farmers & Merchants Trust Co of Chambersburg PA purchased a new stake in Cboe Global Markets during the 4th quarter valued at about $30,000. Allworth Financial LP grew its stake in Cboe Global Markets by 75.3% during the 4th quarter. Allworth Financial LP now owns 170 shares of the company’s stock valued at $30,000 after purchasing an additional 73 shares during the last quarter. Finally, ORG Partners LLC purchased a new stake in Cboe Global Markets during the 4th quarter valued at about $31,000. 81.73% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently commented on CBOE shares. Rosenblatt Securities upped their target price on Cboe Global Markets from $200.00 to $205.00 and gave the stock a “buy” rating in a research note on Monday, May 6th. Morgan Stanley reiterated an “equal weight” rating and set a $199.00 price target (down previously from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Bank of America increased their price target on Cboe Global Markets from $200.00 to $204.00 and gave the stock a “buy” rating in a research report on Friday, April 19th. Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $197.00 price target on shares of Cboe Global Markets in a research report on Thursday, April 4th. Finally, Barclays lowered 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. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, Cboe Global Markets currently has a consensus rating of “Hold” and a consensus price target of $189.09.

Cboe Global Markets Trading Up 0.3 %

Shares of BATS CBOE traded up $0.44 during trading on Friday, reaching $169.77. The stock had a trading volume of 666,582 shares, compared to its average volume of 636,231. Cboe Global Markets, Inc. has a fifty-two week low of $103.82 and a fifty-two week high of $139.00. 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’s 50-day moving average price is $175.21 and its 200-day moving average price is $180.10. The company has a market cap of $18.01 billion, a P/E ratio of 87.60 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings data on Friday, May 3rd. The company reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates of $2.04 by $0.11. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The business had revenue of $502.10 million during the quarter, compared to analysts’ expectations of $504.80 million. During the same period in the previous year, the firm posted $1.90 earnings per share. The company’s revenue was up 6.5% on a year-over-year basis. On average, equities research analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 14th. Shareholders 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 1.30%. The ex-dividend date was Friday, May 31st. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Insiders Place Their Bets

In related news, EVP Catherine R. Clay sold 1,100 shares of the business’s stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $185.06, for a total transaction of $203,566.00. Following the completion of the sale, the executive vice president now owns 4,656 shares in the company, valued at $861,639.36. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, COO Christopher A. Isaacson sold 6,000 shares of the stock in a transaction on Friday, June 21st. The shares were sold at an average price of $175.00, for a total value of $1,050,000.00. Following the transaction, the chief operating officer now directly owns 51,855 shares of the company’s stock, valued at approximately $9,074,625. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Catherine R. Clay sold 1,100 shares of the stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $185.06, for a total transaction of $203,566.00. Following the completion of the transaction, the executive vice president now directly owns 4,656 shares in the company, valued at $861,639.36. The disclosure for this sale can be found here. 0.51% of the stock is owned by company 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.