Cboe Global Markets, Inc. (BATS:CBOE) Stake Decreased by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC lessened its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 0.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 58,964 shares of the company’s stock after selling 348 shares during the period. Chevy Chase Trust Holdings LLC owned 0.06% of Cboe Global Markets worth $10,529,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CBOE. Clear Street Markets LLC raised its holdings in Cboe Global Markets by 93.5% during the first quarter. Clear Street Markets LLC now owns 207 shares of the company’s stock worth $28,000 after purchasing an additional 100 shares in the last quarter. NBC Securities Inc. bought a new stake in Cboe Global Markets during the third quarter worth approximately $29,000. Farmers & Merchants Trust Co of Chambersburg PA bought a new stake in Cboe Global Markets during the fourth quarter worth approximately $30,000. BKM Wealth Management LLC bought a new stake in Cboe Global Markets during the fourth quarter worth approximately $33,000. Finally, Global Trust Asset Management LLC bought a new stake in Cboe Global Markets during the third quarter worth approximately $35,000. Institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Trading Down 0.4 %

BATS CBOE opened at $180.93 on Monday. Cboe Global Markets, Inc. has a twelve month low of $103.82 and a twelve month high of $139.00. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. The stock has a market cap of $19.19 billion, a price-to-earnings ratio of 93.26 and a beta of 0.61. The firm’s 50 day moving average price is $185.27 and its two-hundred day moving average price is $176.96.

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

Cboe Global Markets Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend was Wednesday, February 28th. Cboe Global Markets’s payout ratio is 98.97%.

Insider Activity

In other news, EVP Dave Howson sold 5,322 shares of the business’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $186.96, for a total transaction of $995,001.12. Following the transaction, the executive vice president now directly owns 17,573 shares in the company, valued at approximately $3,285,448.08. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.51% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

CBOE has been the topic of several recent analyst reports. Keefe, Bruyette & Woods reissued a “market perform” rating and set a $197.00 target price on shares of Cboe Global Markets in a report on Thursday. Rosenblatt Securities boosted their target price on Cboe Global Markets from $192.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, February 5th. Barclays decreased their price target on shares of 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. Oppenheimer lifted their price target on shares of Cboe Global Markets from $201.00 to $206.00 and gave the stock an “outperform” rating in a research report on Monday, February 5th. Finally, Citigroup lifted their price target on shares of Cboe Global Markets from $170.00 to $188.00 and gave the stock a “neutral” rating in a research report on Friday, January 12th. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $185.10.

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.