Central Bank & Trust Co. Boosts Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Central Bank & Trust Co. boosted its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 40.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,783 shares of the company's stock after buying an additional 1,966 shares during the quarter. Central Bank & Trust Co.'s holdings in Cboe Global Markets were worth $1,535,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in CBOE. NBC Securities Inc. purchased a new position in Cboe Global Markets during the 1st quarter valued at about $27,000. Greenline Partners LLC purchased a new stake in shares of Cboe Global Markets in the 4th quarter worth approximately $29,000. Lee Danner & Bass Inc. bought a new position in shares of Cboe Global Markets during the fourth quarter valued at approximately $29,000. Kestra Investment Management LLC purchased a new position in Cboe Global Markets during the fourth quarter valued at approximately $31,000. Finally, Generali Asset Management SPA SGR purchased a new position in Cboe Global Markets during the fourth quarter valued at approximately $37,000. 82.67% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Cboe Global Markets

In related news, EVP Catherine R. Clay sold 3,598 shares of Cboe Global Markets stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $226.58, for a total transaction of $815,234.84. Following the completion of the sale, the executive vice president now owns 2,183 shares of the company's stock, valued at $494,624.14. The trade was a 62.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.22% of the company's stock.

Cboe Global Markets Stock Down 1.5%

NASDAQ CBOE traded down $3.24 during trading on Monday, hitting $219.36. The company's stock had a trading volume of 677,116 shares, compared to its average volume of 897,119. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $236.02. The company has a market cap of $22.97 billion, a PE ratio of 30.38, a P/E/G ratio of 1.75 and a beta of 0.43. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The business's 50 day simple moving average is $220.87 and its 200-day simple moving average is $211.17.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The company reported $2.50 EPS for the quarter, beating the consensus estimate of $2.36 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. The firm's revenue was up 12.6% on a year-over-year basis. During the same period last year, the company posted $2.15 earnings per share. On average, equities analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be paid a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $2.52 annualized dividend and a dividend yield of 1.15%. Cboe Global Markets's payout ratio is currently 33.03%.

Analyst Ratings Changes

Several brokerages have issued reports on CBOE. Loop Capital set a $227.00 target price on Cboe Global Markets in a research report on Monday, May 5th. Morgan Stanley cut Cboe Global Markets from an "overweight" rating to an "underweight" rating and decreased their price objective for the stock from $256.00 to $215.00 in a research note on Wednesday, May 14th. Bank of America reaffirmed a "neutral" rating and set a $227.00 price objective (down previously from $260.00) on shares of Cboe Global Markets in a research report on Thursday, April 10th. Wall Street Zen upgraded Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. Finally, Barclays increased their price target on shares of Cboe Global Markets from $232.00 to $245.00 and gave the company an "equal weight" rating in a research report on Friday, May 2nd. Three analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned 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 price target of $219.64.

About Cboe Global Markets

Cboe Global Markets, Inc is one of the largest stock exchange operators by volume in the United States and a leading market globally for ETP trading. Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the VIX Index.