Trust Point Inc. Invests $530,000 in Cboe Global Markets, Inc. (BATS:CBOE)

Trust Point Inc. purchased a new stake in Cboe Global Markets, Inc. (BATS:CBOE) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,968 shares of the company’s stock, valued at approximately $530,000.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Cboe Global Markets by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 12,382,015 shares of the company’s stock worth $1,416,751,000 after buying an additional 185,967 shares during the period. State Street Corp boosted its stake in shares of Cboe Global Markets by 2.6% during the second quarter. State Street Corp now owns 4,652,396 shares of the company’s stock valued at $642,077,000 after purchasing an additional 116,565 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Cboe Global Markets by 3.4% during the first quarter. Geode Capital Management LLC now owns 2,398,830 shares of the company’s stock valued at $321,793,000 after purchasing an additional 79,184 shares in the last quarter. FMR LLC boosted its stake in shares of Cboe Global Markets by 15.1% during the third quarter. FMR LLC now owns 2,206,823 shares of the company’s stock valued at $344,728,000 after purchasing an additional 289,048 shares in the last quarter. Finally, Morgan Stanley raised its position in shares of Cboe Global Markets by 24.5% during 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 last quarter. Institutional investors own 81.73% of the company’s stock.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, EVP Dave Howson sold 5,322 shares of the firm’s stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $186.96, for a total value of $995,001.12. Following the sale, the executive vice president now owns 17,573 shares of the company’s stock, valued at approximately $3,285,448.08. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.51% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Citigroup raised their price objective on Cboe Global Markets from $170.00 to $188.00 and gave the stock a “neutral” rating in a research report on Friday, January 12th. Oppenheimer raised their price objective on Cboe Global Markets from $201.00 to $206.00 and gave the company an “outperform” rating in a research note on Monday, February 5th. Barclays cut their target price on Cboe Global Markets from $204.00 to $200.00 and set an “overweight” rating on the stock in a research report on Monday, February 5th. Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $197.00 price target on shares of Cboe Global Markets in a report on Thursday. Finally, Rosenblatt Securities upped their price objective on Cboe Global Markets from $192.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, February 5th. Six research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $185.10.

Cboe Global Markets Stock Up 1.5 %

Shares of BATS CBOE opened at $181.49 on Friday. Cboe Global Markets, Inc. has a one year low of $103.82 and a one year 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 business’s fifty day moving average price is $185.39 and its 200-day moving average price is $176.46. The stock has a market capitalization of $19.25 billion, a PE ratio of 93.55 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings data on Friday, February 2nd. The company reported $2.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.02. The business had revenue of $499.00 million for the quarter, compared to analysts’ expectations of $510.65 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The firm’s quarterly revenue was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.80 EPS. On average, equities research analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were issued a $0.55 dividend. The ex-dividend date was Wednesday, February 28th. This represents a $2.20 annualized dividend and a dividend yield of 1.21%. Cboe Global Markets’s payout ratio is currently 98.97%.

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.