Sapient Capital LLC Takes $450,000 Position in Cboe Global Markets, Inc. (BATS:CBOE)

Sapient Capital LLC purchased a new position in Cboe Global Markets, Inc. (BATS:CBOE) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,522 shares of the company’s stock, valued at approximately $450,000.

Several other large investors have also added to or reduced their stakes in CBOE. Metis Global Partners LLC boosted its stake in shares of Cboe Global Markets by 12.7% during the 3rd quarter. Metis Global Partners LLC now owns 5,239 shares of the company’s stock valued at $818,000 after purchasing an additional 592 shares in the last quarter. Exencial Wealth Advisors LLC boosted its position in Cboe Global Markets by 17.7% during the 3rd quarter. Exencial Wealth Advisors LLC now owns 3,427 shares of the company’s stock valued at $535,000 after acquiring an additional 516 shares in the last quarter. Monument Capital Management purchased a new position in shares of Cboe Global Markets during the 4th quarter worth approximately $215,000. Illinois Municipal Retirement Fund raised its position in shares of Cboe Global Markets by 30.8% in the 4th quarter. Illinois Municipal Retirement Fund now owns 8,004 shares of the company’s stock worth $1,429,000 after acquiring an additional 1,883 shares in the last quarter. Finally, McGuire Investment Group LLC lifted its stake in shares of Cboe Global Markets by 0.9% in the 4th quarter. McGuire Investment Group LLC now owns 94,024 shares of the company’s stock valued at $16,789,000 after purchasing an additional 867 shares during the period. Institutional investors own 81.73% of the company’s stock.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, EVP Dave Howson sold 8,314 shares of the stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $183.88, for a total value of $1,528,778.32. Following the transaction, the executive vice president now owns 17,573 shares of the company’s stock, valued at $3,231,323.24. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on CBOE shares. Oppenheimer reiterated an “outperform” rating and issued a $206.00 price objective on shares of Cboe Global Markets in a report on Monday. Barclays increased their price target on shares of Cboe Global Markets from $200.00 to $211.00 and gave the stock an “overweight” rating in a research note on Monday, April 8th. Rosenblatt Securities boosted their price objective on shares of Cboe Global Markets from $200.00 to $205.00 and gave the stock a “buy” rating in a research note on Monday. Citigroup raised their target price on shares of Cboe Global Markets from $170.00 to $188.00 and gave the company a “neutral” rating in a research note on Friday, January 12th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $199.00 price target (down from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Seven research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Cboe Global Markets has an average rating of “Hold” and an average price target of $190.64.

Cboe Global Markets Trading Up 3.2 %

Shares of BATS:CBOE opened at $179.67 on Monday. Cboe Global Markets, Inc. has a 1 year low of $103.82 and a 1 year high of $139.00. The stock’s fifty day moving average price is $182.47 and its 200-day moving average price is $179.75. The company has a market cap of $19.06 billion, a P/E ratio of 92.61 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 announced its quarterly earnings results 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. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The firm had revenue of $502.10 million for the quarter, compared to the consensus estimate of $504.80 million. During the same quarter last year, the firm posted $1.90 EPS. The business’s quarterly revenue was up 6.5% compared to the same quarter last year. Sell-side analysts expect 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 announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were paid a dividend of $0.55 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $2.20 dividend on an annualized basis and a yield of 1.22%. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

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.