Cboe Global Markets, Inc. (BATS:CBOE) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. decreased its position in Cboe Global Markets, Inc. (BATS:CBOE) by 0.6% in the 1st quarter, Holdings Channel.com reports. The fund owned 12,615,900 shares of the company’s stock after selling 72,961 shares during the period. Vanguard Group Inc. owned approximately 0.12% of Cboe Global Markets worth $2,317,919,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Monument Capital Management bought a new stake in shares of Cboe Global Markets in the 4th quarter worth approximately $215,000. Illinois Municipal Retirement Fund lifted its holdings in shares of Cboe Global Markets by 30.8% in the 4th quarter. Illinois Municipal Retirement Fund now owns 8,004 shares of the company’s stock worth $1,429,000 after purchasing an additional 1,883 shares during the last quarter. Accuvest Global Advisors bought a new stake in shares of Cboe Global Markets in the 4th quarter worth approximately $345,000. Seelaus Asset Management LLC bought a new stake in shares of Cboe Global Markets in the 4th quarter worth approximately $352,000. Finally, Hilltop Holdings Inc. lifted its holdings in shares of Cboe Global Markets by 1.8% in the 4th quarter. Hilltop Holdings Inc. now owns 16,715 shares of the company’s stock worth $2,985,000 after purchasing an additional 298 shares during the last quarter. Institutional investors and hedge funds own 81.73% of the company’s stock.

Cboe Global Markets Price Performance

Shares of CBOE traded up $0.69 during midday trading on Friday, reaching $184.63. The stock had a trading volume of 865,564 shares, compared to its average volume of 636,231. Cboe Global Markets, Inc. has a 52 week low of $103.82 and a 52 week high of $139.00. 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 firm’s 50 day moving average price is $174.61 and its 200-day moving average price is $180.15. The company has a market capitalization of $19.58 billion, a P/E ratio of 95.17 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings data on Friday, May 3rd. The company reported $2.15 EPS for the quarter, topping 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 company had revenue of $502.10 million for the quarter, compared to the consensus estimate of $504.80 million. During the same quarter in the previous year, the business earned $1.90 EPS. The company’s quarterly revenue was up 6.5% compared to the same quarter last year. On average, analysts forecast that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 31st were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date was Friday, May 31st. Cboe Global Markets’s payout ratio is 98.97%.

Insider Buying and Selling

In related news, COO Christopher A. Isaacson sold 6,000 shares of Cboe Global Markets stock in a transaction on Friday, June 21st. The stock was 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 in the company, valued at approximately $9,074,625. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, EVP Catherine R. Clay sold 1,100 shares of Cboe Global Markets stock in a transaction 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 transaction, the executive vice president now owns 4,656 shares in the company, valued at $861,639.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Christopher A. Isaacson sold 6,000 shares of the business’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 completion of the transaction, the chief operating officer now owns 51,855 shares in the company, valued at approximately $9,074,625. The disclosure for this sale can be found here. Insiders own 0.51% of the company’s stock.

Analyst Ratings Changes

CBOE has been the topic of several recent analyst reports. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $197.00 target price on shares of Cboe Global Markets in a research note on Thursday, April 4th. Rosenblatt Securities lifted their target price on Cboe Global Markets from $200.00 to $205.00 and gave the company a “buy” rating in a research note on Monday, May 6th. Oppenheimer reaffirmed an “outperform” rating and set a $206.00 target price on shares of Cboe Global Markets in a research note on Monday, May 6th. Morgan Stanley reaffirmed an “equal weight” rating and set a $199.00 target price (down previously from $211.00) on shares of Cboe Global Markets in a research note on Tuesday, April 9th. Finally, Bank of America lifted their target price on Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a research note on Friday, April 19th. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $189.09.

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.