The Manufacturers Life Insurance Company Purchases 2,375 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

The Manufacturers Life Insurance Company lifted its stake in shares of Cboe Global Markets, Inc. (BATS:CBOEFree Report) by 3.2% in the 4th quarter, Holdings Channel reports. The fund owned 75,850 shares of the company’s stock after acquiring an additional 2,375 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Cboe Global Markets were worth $13,544,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. FMR LLC increased its position 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 worth $344,728,000 after acquiring an additional 289,048 shares in the last quarter. Morgan Stanley grew its position in Cboe Global Markets by 24.5% in the third quarter. Morgan Stanley now owns 1,742,946 shares of the company’s stock valued at $272,266,000 after purchasing an additional 342,505 shares in the last quarter. Norges Bank bought a new position in Cboe Global Markets in the fourth quarter valued at $226,557,000. Northern Trust Corp grew its position in shares of Cboe Global Markets by 6.0% in the 3rd quarter. Northern Trust Corp now owns 1,223,219 shares of the company’s stock valued at $191,079,000 after acquiring an additional 68,760 shares during the period. Finally, Lord Abbett & CO. LLC grew its position in shares of Cboe Global Markets by 7.5% in the 3rd quarter. Lord Abbett & CO. LLC now owns 1,133,901 shares of the company’s stock valued at $177,127,000 after acquiring an additional 78,675 shares during the period. Institutional investors own 81.73% of the company’s stock.

Wall Street Analysts Forecast Growth

CBOE has been the subject of a number of analyst reports. Morgan Stanley reissued an “equal weight” rating and issued a $199.00 price objective (down previously from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Bank of America lifted their price objective on shares of Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a research report on Friday, April 19th. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $197.00 price objective on shares of Cboe Global Markets in a research report on Thursday, April 4th. Rosenblatt Securities lifted their price objective on shares of Cboe Global Markets from $200.00 to $205.00 and gave the company a “buy” rating in a research report on Monday, May 6th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $206.00 target price on shares of Cboe Global Markets in a report on Monday, May 6th. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Cboe Global Markets presently has a consensus rating of “Hold” and an average target price of $191.00.

Read Our Latest Stock Report on Cboe Global Markets

Insider Activity

In other news, EVP Catherine R. Clay sold 1,100 shares of the business’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 completion of the transaction, the executive vice president now directly owns 4,656 shares in the company, valued at approximately $861,639.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.51% of the company’s stock.

Cboe Global Markets Stock Performance

BATS CBOE opened at $171.58 on Tuesday. 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 company has a market capitalization of $18.20 billion, a P/E ratio of 88.44 and a beta of 0.61. Cboe Global Markets, Inc. has a 12-month low of $103.82 and a 12-month high of $139.00. The firm has a 50-day moving average price of $179.41 and a two-hundred day moving average price of $181.38.

Cboe Global Markets (BATS:CBOEGet Free Report) last posted its quarterly earnings data on Friday, May 3rd. The company reported $2.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.04 by $0.11. The firm had revenue of $502.10 million during the quarter, compared to the consensus estimate of $504.80 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.90 EPS. Analysts anticipate that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Friday, May 31st will be given a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 1.28%. The ex-dividend date of this dividend is Friday, May 31st. Cboe Global Markets’s payout ratio is presently 98.97%.

Cboe Global Markets Profile

(Free Report)

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.

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Want to see what other hedge funds are holding CBOE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cboe Global Markets, Inc. (BATS:CBOEFree Report).

Institutional Ownership by Quarter for Cboe Global Markets (BATS:CBOE)

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