HighPoint Advisor Group LLC Invests $1.61 Million in Cboe Global Markets, Inc. (BATS:CBOE)

HighPoint Advisor Group LLC acquired a new position in Cboe Global Markets, Inc. (BATS:CBOE) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 8,945 shares of the company’s stock, valued at approximately $1,606,000.

A number of other institutional investors have also made changes to their positions in the business. FMR LLC increased its stake in 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 acquiring an additional 289,048 shares during the period. Morgan Stanley boosted its holdings in Cboe Global Markets by 24.5% during 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 acquired a new stake in Cboe Global Markets during the fourth quarter valued at approximately $226,557,000. Northern Trust Corp boosted its holdings in Cboe Global Markets by 6.0% during the third quarter. Northern Trust Corp now owns 1,223,219 shares of the company’s stock valued at $191,079,000 after purchasing an additional 68,760 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Cboe Global Markets by 2.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 847,186 shares of the company’s stock valued at $151,274,000 after purchasing an additional 16,224 shares in the last quarter. 81.73% of the stock is currently owned by institutional investors.

Cboe Global Markets Trading Down 0.5 %

CBOE opened at $169.35 on Wednesday. The firm has a 50 day simple moving average of $178.26 and a 200 day simple moving average of $181.00. Cboe Global Markets, Inc. has a fifty-two week low of $103.82 and a fifty-two week high of $139.00. The company has a market cap of $17.96 billion, a price-to-earnings ratio of 87.29 and a beta of 0.61. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21.

Cboe Global Markets (BATS:CBOE) last released its earnings results on Friday, May 3rd. The company reported $2.15 EPS for the quarter, topping analysts’ consensus estimates of $2.04 by $0.11. The firm had revenue of $502.10 million during the quarter, compared to analyst estimates 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 quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.90 EPS. On average, sell-side analysts anticipate that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 31st were issued a $0.55 dividend. The ex-dividend date of this dividend was Friday, May 31st. This represents a $2.20 dividend on an annualized basis and a yield of 1.30%. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, 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 transaction, the executive vice president now owns 4,656 shares in the company, valued at $861,639.36. The sale was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.51% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on CBOE shares. Bank of America boosted their target price 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 boosted their target price on Cboe Global Markets from $211.00 to $215.00 and gave the stock an “overweight” rating in a report on Monday, May 6th. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $197.00 target price on shares of Cboe Global Markets in a report on Thursday, April 4th. Oppenheimer reissued an “outperform” rating and issued a $206.00 target price on shares of Cboe Global Markets in a report on Monday, May 6th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $199.00 target price (down from $211.00) on shares of Cboe Global Markets in a report on Tuesday, April 9th. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Cboe Global Markets has an average rating of “Hold” and an average price target of $191.00.

About Cboe Global Markets

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.