Howland Capital Management LLC Acquires Shares of 1,298 Cboe Global Markets, Inc. (BATS:CBOE)

Howland Capital Management LLC purchased a new position in Cboe Global Markets, Inc. (BATS:CBOE) in the first quarter, Holdings Channel.com reports. The firm purchased 1,298 shares of the company’s stock, valued at approximately $238,000.

A number of other large investors have also recently made changes to their positions in CBOE. Morgan Stanley grew its stake in shares of Cboe Global Markets by 24.5% in the third quarter. Morgan Stanley now owns 1,742,946 shares of the company’s stock worth $272,266,000 after acquiring an additional 342,505 shares during the period. Public Sector Pension Investment Board boosted its holdings in shares of Cboe Global Markets by 5.8% in the third quarter. Public Sector Pension Investment Board now owns 24,498 shares of the company’s stock worth $3,827,000 after buying an additional 1,333 shares during the last quarter. Banque Pictet & Cie SA boosted its holdings in shares of Cboe Global Markets by 28.9% in the third quarter. Banque Pictet & Cie SA now owns 5,015 shares of the company’s stock worth $783,000 after buying an additional 1,125 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of Cboe Global Markets by 12.5% in the third quarter. Wellington Management Group LLP now owns 205,577 shares of the company’s stock worth $32,113,000 after buying an additional 22,822 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. purchased a new position in shares of Cboe Global Markets in the third quarter worth approximately $382,000. 81.73% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Cboe Global Markets news, COO Christopher A. Isaacson sold 6,000 shares of the stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $175.00, for a total transaction of $1,050,000.00. Following the transaction, the chief operating officer now directly owns 51,855 shares in the company, valued at approximately $9,074,625. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, COO Christopher A. Isaacson sold 6,000 shares of the firm’s stock in a transaction dated 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 sale, the chief operating officer now directly owns 51,855 shares in the company, valued at approximately $9,074,625. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Catherine R. Clay sold 1,100 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president now 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 Trading Up 0.3 %

Shares of CBOE traded up $0.44 during midday trading on Friday, hitting $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 1 year low of $103.82 and a 1 year high of $139.00. The firm has a market cap of $18.01 billion, a PE ratio of 87.60 and a beta of 0.61. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The stock’s 50 day moving average is $175.21 and its 200 day moving average is $180.10.

Cboe Global Markets (BATS:CBOE) last announced its earnings results on Friday, May 3rd. The company reported $2.15 earnings per share for the quarter, beating the consensus estimate of $2.04 by $0.11. The business had revenue of $502.10 million for the quarter, compared to the consensus estimate of $504.80 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.90 earnings per share. As a group, analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 14th. Shareholders of record on Friday, May 31st were issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 1.30%. The ex-dividend date of this dividend was Friday, May 31st. Cboe Global Markets’s payout ratio is 98.97%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Barclays dropped their price objective on shares of Cboe Global Markets from $215.00 to $194.00 and set an “overweight” rating on the stock in a report on Wednesday. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $197.00 price target on shares of Cboe Global Markets in a report on Thursday, April 4th. Morgan Stanley reaffirmed an “equal weight” rating and set a $199.00 price target (down previously from $211.00) on shares of Cboe Global Markets in a report on Tuesday, April 9th. Bank of America lifted their price target on shares of Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a report on Friday, April 19th. Finally, Rosenblatt Securities lifted their price target on shares of Cboe Global Markets from $200.00 to $205.00 and gave the company a “buy” rating in a report on Monday, May 6th. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $189.09.

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.