Lecap Asset Management Ltd. Makes New $2.04 Million Investment in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Lecap Asset Management Ltd. acquired a new position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 9,033 shares of the company's stock, valued at approximately $2,044,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in Cboe Global Markets by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 12,628,964 shares of the company's stock worth $2,467,700,000 after acquiring an additional 56,233 shares during the last quarter. Alliancebernstein L.P. grew its holdings in Cboe Global Markets by 208.4% during the 4th quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company's stock worth $1,501,745,000 after acquiring an additional 5,193,339 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in Cboe Global Markets by 3.3% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 4,015,179 shares of the company's stock worth $784,566,000 after acquiring an additional 126,721 shares during the last quarter. Geode Capital Management LLC grew its holdings in Cboe Global Markets by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 2,740,937 shares of the company's stock worth $535,994,000 after acquiring an additional 44,291 shares during the last quarter. Finally, FMR LLC grew its holdings in Cboe Global Markets by 2.5% during the 4th quarter. FMR LLC now owns 1,571,980 shares of the company's stock worth $307,165,000 after acquiring an additional 38,587 shares during the last quarter. Institutional investors own 82.67% of the company's stock.

Cboe Global Markets Trading Up 1.3%

Shares of NASDAQ:CBOE traded up $2.85 during mid-day trading on Friday, reaching $229.00. The stock had a trading volume of 741,187 shares, compared to its average volume of 870,763. The firm has a market cap of $23.98 billion, a PE ratio of 31.72, a price-to-earnings-growth ratio of 1.75 and a beta of 0.43. The firm has a 50 day simple moving average of $224.45 and a two-hundred day simple moving average of $212.69. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a twelve month low of $166.88 and a twelve month high of $236.02.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced its quarterly earnings results on Friday, May 2nd. The company reported $2.50 earnings per share for the quarter, beating analysts' consensus estimates 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 quarterly revenue was up 12.6% on a year-over-year basis. During the same period in the prior year, the business posted $2.15 EPS. On average, research analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 30th were issued a dividend of $0.63 per share. The ex-dividend date was Friday, May 30th. This represents a $2.52 annualized dividend and a yield of 1.10%. Cboe Global Markets's dividend payout ratio (DPR) is currently 33.03%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on CBOE. Wall Street Zen upgraded shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a research report on Tuesday, March 4th. Bank of America restated a "neutral" rating and set a $227.00 target price (down from $260.00) on shares of Cboe Global Markets in a research report on Thursday, April 10th. UBS Group upped their target price on shares of Cboe Global Markets from $235.00 to $245.00 and gave the company a "neutral" rating in a research report on Monday, May 5th. Cowen restated a "hold" rating on shares of Cboe Global Markets in a research report on Monday, May 5th. Finally, Loop Capital set a $227.00 target price on shares of Cboe Global Markets in a research report on Monday, May 5th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $219.64.

Insiders Place Their Bets

In other Cboe Global Markets news, EVP Catherine R. Clay sold 3,598 shares of the firm's stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of $226.58, for a total transaction of $815,234.84. Following the sale, the executive vice president now directly owns 2,183 shares in the company, valued at approximately $494,624.14. This trade represents a 62.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.22% of the company's stock.

Cboe Global Markets Company Profile

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.