Public Employees Retirement Association of Colorado Sells 831 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

Public Employees Retirement Association of Colorado lessened its position in Cboe Global Markets, Inc. (BATS:CBOE) by 0.7% in the first quarter, HoldingsChannel.com reports. The fund owned 116,344 shares of the company’s stock after selling 831 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Cboe Global Markets were worth $21,376,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of CBOE. Norges Bank acquired a new stake in Cboe Global Markets in the 4th quarter worth about $226,557,000. Charles Schwab Investment Management Inc. increased its position in Cboe Global Markets by 2.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 847,186 shares of the company’s stock worth $151,274,000 after purchasing an additional 16,224 shares in the last quarter. Tandem Investment Advisors Inc. increased its position in Cboe Global Markets by 10.4% during the 1st quarter. Tandem Investment Advisors Inc. now owns 799,880 shares of the company’s stock worth $146,962,000 after purchasing an additional 75,138 shares in the last quarter. Goldman Sachs Group Inc. increased its position in Cboe Global Markets by 19.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 526,423 shares of the company’s stock worth $93,998,000 after purchasing an additional 85,433 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in Cboe Global Markets by 3.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 497,746 shares of the company’s stock worth $88,875,000 after purchasing an additional 14,784 shares in the last quarter. Institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Stock Down 0.3 %

Shares of CBOE stock traded down $0.59 on Monday, hitting $186.46. The stock had a trading volume of 549,938 shares, compared to its average volume of 636,231. The business has a 50 day moving average of $175.05 and a 200 day moving average of $180.57. The stock has a market cap of $19.78 billion, a price-to-earnings ratio of 96.11 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, Inc. has a 12-month low of $103.82 and a 12-month high of $139.00.

Cboe Global Markets (BATS:CBOE) last announced its earnings results on Friday, May 3rd. The company reported $2.15 EPS for the quarter, beating the consensus estimate of $2.04 by $0.11. The company had revenue of $502.10 million during the quarter, compared to the consensus estimate of $504.80 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The firm’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.90 earnings per share. As a group, analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 31st were given a dividend of $0.55 per share. The ex-dividend date of this dividend was Friday, May 31st. This represents a $2.20 annualized dividend and a yield of 1.18%. Cboe Global Markets’s payout ratio is currently 98.97%.

Insider Activity at Cboe Global Markets

In related news, EVP Dave Howson sold 2,500 shares of the stock in a transaction dated Monday, July 22nd. The shares were sold at an average price of $186.67, for a total transaction of $466,675.00. Following the completion of the transaction, the executive vice president now owns 15,073 shares in the company, valued at $2,813,676.91. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other news, COO Christopher A. Isaacson sold 6,000 shares of the firm’s stock in a transaction that occurred on Friday, June 21st. The shares were sold at an average price of $175.00, for a total value of $1,050,000.00. Following the completion of the transaction, the chief operating officer now directly owns 51,855 shares in the company, valued at $9,074,625. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Dave Howson sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, July 22nd. The shares were sold at an average price of $186.67, for a total transaction of $466,675.00. Following the completion of the transaction, the executive vice president now owns 15,073 shares of the company’s stock, valued at $2,813,676.91. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,600 shares of company stock worth $1,720,241. 0.51% of the stock is owned by company insiders.

Analysts Set New Price Targets

CBOE has been the topic of a number of research reports. Barclays reduced their target price on shares of Cboe Global Markets from $215.00 to $194.00 and set an “overweight” rating on the stock in a report on Wednesday, July 10th. Rosenblatt Securities upped their price objective on shares of Cboe Global Markets from $200.00 to $205.00 and gave the company a “buy” rating in a research note on Monday, May 6th. Bank of America boosted their target price on shares of Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a research report on Friday, April 19th. Oppenheimer reiterated an “outperform” rating and set a $206.00 target price on shares of Cboe Global Markets in a research report on Monday, May 6th. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $199.00 target price (down previously from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Six investment 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, the company currently has a consensus rating of “Hold” and an average price target of $189.09.

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.