Natixis Reduces Position in Cboe Global Markets, Inc. (BATS:CBOE)

Natixis lessened its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 92.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,530 shares of the company’s stock after selling 162,408 shares during the period. Natixis’ holdings in Cboe Global Markets were worth $2,486,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CBOE. FinTrust Capital Advisors LLC boosted its holdings in shares of Cboe Global Markets by 170.0% in the 1st quarter. FinTrust Capital Advisors LLC now owns 135 shares of the company’s stock valued at $25,000 after acquiring an additional 85 shares during the last quarter. Optiver Holding B.V. acquired a new position in shares of Cboe Global Markets in the 4th quarter valued at $29,000. Farmers & Merchants Trust Co of Chambersburg PA acquired a new position in shares of Cboe Global Markets in the 4th quarter valued at $30,000. Allworth Financial LP lifted its stake in shares of Cboe Global Markets by 75.3% in 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 period. Finally, ORG Partners LLC acquired a new position in shares of Cboe Global Markets in the 4th quarter valued at $31,000. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Trading Up 1.0 %

CBOE stock traded up $1.89 during mid-day trading on Thursday, hitting $187.06. 927,831 shares of the company were exchanged, compared to its average volume of 636,231. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $19.84 billion, a P/E ratio of 96.42 and a beta of 0.61. The business has a fifty day simple moving average of $174.98 and a 200-day simple moving average of $180.43. Cboe Global Markets, Inc. has a 12-month low of $103.82 and a 12-month high of $139.00.

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, topping the consensus estimate of $2.04 by $0.11. The company had revenue of $502.10 million during the quarter, compared to analyst estimates of $504.80 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. Cboe Global Markets’s revenue was up 6.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.90 earnings per share. On average, equities research analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share 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. Stockholders of record on Friday, May 31st were given a dividend of $0.55 per share. The ex-dividend date of this dividend was Friday, May 31st. This represents a $2.20 annualized dividend and a dividend yield of 1.18%. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on CBOE shares. Oppenheimer restated an “outperform” rating and set a $206.00 price objective on shares of Cboe Global Markets in a research report on Monday, May 6th. Barclays reduced their price objective on shares of Cboe Global Markets from $215.00 to $194.00 and set an “overweight” rating for the company in a research report on Wednesday, July 10th. Rosenblatt Securities upped their price objective on shares of Cboe Global Markets from $200.00 to $205.00 and gave the stock a “buy” rating in a research report on Monday, May 6th. Morgan Stanley restated an “equal weight” rating and set a $199.00 price objective (down from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Finally, Keefe, Bruyette & Woods restated a “market perform” rating and set a $197.00 price objective on shares of Cboe Global Markets in a research report on Thursday, April 4th. Six investment 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 has an average rating of “Hold” and an average price target of $189.09.

Insider Transactions at Cboe Global Markets

In related news, EVP Catherine R. Clay sold 1,100 shares of the firm’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $185.06, for a total value of $203,566.00. Following the sale, the executive vice president now owns 4,656 shares of the company’s stock, valued at $861,639.36. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other Cboe Global Markets news, COO Christopher A. Isaacson sold 6,000 shares of the firm’s stock in a transaction that occurred on 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 sale, the chief operating officer now owns 51,855 shares of the company’s stock, valued at $9,074,625. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Catherine R. Clay sold 1,100 shares of the firm’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 sale, the executive vice president now directly owns 4,656 shares in the company, valued at approximately $861,639.36. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 9,600 shares of company stock valued at $1,720,241. 0.51% of the stock is currently owned by corporate 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.