Quadrature Capital Ltd Boosts Holdings in Cboe Global Markets, Inc. (BATS:CBOE)

Quadrature Capital Ltd increased its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 15.8% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 35,058 shares of the company’s stock after purchasing an additional 4,779 shares during the period. Quadrature Capital Ltd’s holdings in Cboe Global Markets were worth $6,431,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of the business. Pinnacle Associates Ltd. increased its holdings in Cboe Global Markets by 5.2% in the 4th quarter. Pinnacle Associates Ltd. now owns 1,366 shares of the company’s stock worth $244,000 after buying an additional 67 shares in the last quarter. Allworth Financial LP increased its holdings in Cboe Global Markets by 75.3% in the 4th quarter. Allworth Financial LP now owns 170 shares of the company’s stock worth $30,000 after buying an additional 73 shares in the last quarter. Marion Wealth Management increased its holdings in Cboe Global Markets by 0.7% in the 1st quarter. Marion Wealth Management now owns 10,315 shares of the company’s stock worth $1,895,000 after buying an additional 76 shares in the last quarter. Motley Fool Asset Management LLC increased its holdings in Cboe Global Markets by 4.3% in the 1st quarter. Motley Fool Asset Management LLC now owns 2,021 shares of the company’s stock worth $371,000 after buying an additional 83 shares in the last quarter. Finally, Texas Permanent School Fund Corp increased its holdings in Cboe Global Markets by 0.3% in the 1st quarter. Texas Permanent School Fund Corp now owns 24,319 shares of the company’s stock worth $4,468,000 after buying an additional 84 shares in the last quarter. 81.73% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Bank of America lifted their price objective on Cboe Global Markets from $200.00 to $204.00 and gave the stock a “buy” rating in a report on Friday, April 19th. Barclays cut their price target on Cboe Global Markets from $215.00 to $194.00 and set an “overweight” rating for the company in a research note on Wednesday, July 10th. Rosenblatt Securities boosted their price target 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. Keefe, Bruyette & Woods restated a “market perform” rating and set a $197.00 price target on shares of Cboe Global Markets in a research note on Thursday, April 4th. Finally, Oppenheimer restated an “outperform” rating and set a $206.00 price target on shares of Cboe Global Markets in a research note on Monday, May 6th. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $189.09.

Cboe Global Markets Price Performance

Shares of CBOE traded down $0.59 during mid-day trading on Friday, hitting $186.46. 549,938 shares of the stock were exchanged, compared to its average volume of 636,231. The company has a market cap of $19.78 billion, a PE ratio of 96.11 and a beta of 0.61. Cboe Global Markets, Inc. has a 52-week low of $103.82 and a 52-week high of $139.00. The firm has a 50-day moving average of $175.05 and a two-hundred day moving average of $180.54. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21.

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

Cboe Global Markets Announces Dividend

The business also recently announced 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. This represents a $2.20 annualized dividend and a dividend yield of 1.18%. The ex-dividend date of this dividend was Friday, May 31st. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

Insider Activity

In other news, EVP Dave Howson sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, July 22nd. The stock was sold at an average price of $186.67, for a total transaction of $466,675.00. Following the transaction, the executive vice president now owns 15,073 shares of the company’s stock, valued at approximately $2,813,676.91. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Cboe Global Markets news, EVP Catherine R. Clay sold 1,100 shares of the company’s stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $185.06, for a total value of $203,566.00. Following the transaction, the executive vice president now owns 4,656 shares of the company’s stock, valued at approximately $861,639.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Dave Howson sold 2,500 shares of the company’s stock in a transaction on Monday, July 22nd. The shares were sold at an average price of $186.67, for a total value of $466,675.00. Following the completion of the transaction, the executive vice president now directly owns 15,073 shares in the company, valued at approximately $2,813,676.91. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 9,600 shares of company stock valued at $1,720,241. 0.51% of the stock is currently owned by 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.