Cboe Global Markets, Inc. (BATS:CBOE) Shares Bought by Pekin Hardy Strauss Inc.

Pekin Hardy Strauss Inc. grew its position in Cboe Global Markets, Inc. (BATS:CBOE) by 3.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,613 shares of the company’s stock after purchasing an additional 338 shares during the quarter. Pekin Hardy Strauss Inc.’s holdings in Cboe Global Markets were worth $1,895,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of CBOE. Metis Global Partners LLC boosted its position in shares of Cboe Global Markets by 12.7% in the 3rd quarter. Metis Global Partners LLC now owns 5,239 shares of the company’s stock worth $818,000 after buying an additional 592 shares in the last quarter. Exencial Wealth Advisors LLC lifted its holdings in shares of Cboe Global Markets by 17.7% in the third quarter. Exencial Wealth Advisors LLC now owns 3,427 shares of the company’s stock valued at $535,000 after purchasing an additional 516 shares in the last quarter. Monument Capital Management acquired a new stake in shares of Cboe Global Markets in the fourth quarter valued at approximately $215,000. Illinois Municipal Retirement Fund increased its stake in shares of Cboe Global Markets by 30.8% during the 4th quarter. Illinois Municipal Retirement Fund now owns 8,004 shares of the company’s stock worth $1,429,000 after purchasing an additional 1,883 shares in the last quarter. Finally, McGuire Investment Group LLC raised its position in shares of Cboe Global Markets by 0.9% during the 4th quarter. McGuire Investment Group LLC now owns 94,024 shares of the company’s stock worth $16,789,000 after purchasing an additional 867 shares during the last quarter. 81.73% of the stock is owned by hedge funds and other institutional investors.

Cboe Global Markets Stock Up 0.2 %

Shares of Cboe Global Markets stock traded up $0.44 during trading on Tuesday, reaching $180.84. The company had a trading volume of 596,188 shares, compared to its average volume of 636,231. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. Cboe Global Markets, Inc. has a fifty-two week low of $103.82 and a fifty-two week high of $139.00. The firm’s fifty day moving average is $183.65 and its 200-day moving average is $179.30. The company has a market cap of $19.18 billion, a price-to-earnings ratio of 92.93 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last issued its earnings results on Friday, February 2nd. The company reported $2.06 EPS for the quarter, topping the consensus estimate of $2.04 by $0.02. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The company had revenue of $499.00 million during the quarter, compared to analyst estimates of $510.65 million. During the same quarter last year, the firm earned $1.80 EPS. The business’s revenue was up 9.2% on a year-over-year basis. On average, analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were given a $0.55 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.22%. Cboe Global Markets’s payout ratio is currently 98.97%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Rosenblatt Securities upped their price objective on shares of Cboe Global Markets from $192.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, February 5th. Barclays raised their target price on shares of Cboe Global Markets from $200.00 to $211.00 and gave the company an “overweight” rating in a research note on Monday, April 8th. Morgan Stanley reissued an “equal weight” rating and issued a $199.00 price objective (down from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Citigroup increased their target price on 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, Bank of America boosted their price target on Cboe Global Markets from $200.00 to $204.00 and gave the stock a “buy” rating in a research report on Friday, April 19th. Seven research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, Cboe Global Markets currently has a consensus rating of “Hold” and a consensus price target of $190.18.

Insider Activity

In other news, EVP Dave Howson sold 5,322 shares of the stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $186.96, for a total transaction of $995,001.12. Following the sale, the executive vice president now directly owns 17,573 shares in the company, valued at approximately $3,285,448.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.51% of the company’s stock.

Cboe Global Markets Company Profile

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.