BI Asset Management Fondsmaeglerselskab A S Purchases 26,001 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

BI Asset Management Fondsmaeglerselskab A S raised its position in Cboe Global Markets, Inc. (BATS:CBOE) by 478.1% during the first quarter, Holdings Channel reports. The fund owned 31,439 shares of the company’s stock after acquiring an additional 26,001 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Cboe Global Markets were worth $5,776,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of CBOE. Central Pacific Bank Trust Division purchased a new position in shares of Cboe Global Markets during the 1st quarter worth $98,000. FinTrust Capital Advisors LLC grew its holdings in Cboe Global Markets by 170.0% during the first quarter. FinTrust Capital Advisors LLC now owns 135 shares of the company’s stock valued at $25,000 after purchasing an additional 85 shares during the period. Daiwa Securities Group Inc. increased its position in Cboe Global Markets by 22.5% in the first quarter. Daiwa Securities Group Inc. now owns 13,785 shares of the company’s stock worth $2,533,000 after buying an additional 2,536 shares in the last quarter. Consolidated Planning Corp bought a new position in shares of Cboe Global Markets in the first quarter worth about $270,000. Finally, Nordea Investment Management AB lifted its position in shares of Cboe Global Markets by 15.2% during the 1st quarter. Nordea Investment Management AB now owns 422,373 shares of the company’s stock valued at $76,935,000 after buying an additional 55,859 shares in the last quarter. 81.73% of the stock is owned by hedge funds and other institutional investors.

Cboe Global Markets Price Performance

Cboe Global Markets stock traded down $0.23 during midday trading on Wednesday, reaching $168.57. 541,661 shares of the stock traded hands, 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. Cboe Global Markets, Inc. has a 12 month low of $103.82 and a 12 month high of $139.00. The stock’s fifty day moving average is $175.53 and its 200-day moving average is $180.24. The stock has a market cap of $17.88 billion, a P/E ratio of 86.81 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last posted its earnings results 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 net margin of 5.77% and a return on equity of 20.05%. The firm had revenue of $502.10 million during the quarter, compared to analyst estimates of $504.80 million. During the same period last year, the firm posted $1.90 earnings per share. Cboe Global Markets’s revenue for the quarter was up 6.5% compared to the same quarter last year. As a group, equities research analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 31st were given a $0.55 dividend. The ex-dividend date of this dividend was Friday, May 31st. This represents a $2.20 annualized dividend and a yield of 1.31%. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

Insiders Place Their Bets

In other news, 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 value of $203,566.00. Following the completion of the sale, the executive vice president now directly owns 4,656 shares of the company’s stock, valued at approximately $861,639.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, COO Christopher A. Isaacson sold 6,000 shares of the company’s 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Catherine R. Clay sold 1,100 shares of the firm’s stock in a transaction dated 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 directly owns 4,656 shares of the company’s stock, valued at approximately $861,639.36. The disclosure for this sale can be found here. 0.51% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Bank of America increased their target price on shares of Cboe Global Markets from $200.00 to $204.00 and gave the stock a “buy” rating in a report on Friday, April 19th. 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. Morgan Stanley reaffirmed an “equal weight” rating and issued a $199.00 target price (down previously from $211.00) on shares of Cboe Global Markets in a report on Tuesday, April 9th. Barclays raised their price target on Cboe Global Markets from $211.00 to $215.00 and gave the company an “overweight” rating in a report on Monday, May 6th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $206.00 price objective on shares of Cboe Global Markets in a research note on Monday, May 6th. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $191.00.

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.