Mackenzie Financial Corp Buys 23,542 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

Mackenzie Financial Corp lifted its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 13.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 194,573 shares of the company’s stock after acquiring an additional 23,542 shares during the quarter. Mackenzie Financial Corp’s holdings in Cboe Global Markets were worth $34,743,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Farmers & Merchants Trust Co of Chambersburg PA bought a new stake in Cboe Global Markets in the fourth quarter worth $30,000. Allworth Financial LP raised its stake in shares of Cboe Global Markets by 75.3% during the fourth quarter. Allworth Financial LP now owns 170 shares of the company’s stock valued at $30,000 after acquiring an additional 73 shares during the last quarter. ORG Partners LLC bought a new position in shares of Cboe Global Markets during the fourth quarter valued at about $31,000. BKM Wealth Management LLC bought a new position in shares of Cboe Global Markets during the fourth quarter valued at about $33,000. Finally, NBC Securities Inc. bought a new position in shares of Cboe Global Markets during the third quarter valued at about $29,000. 81.73% of the stock is owned by institutional investors.

Analysts Set New Price Targets

CBOE has been the subject of several recent analyst reports. Morgan Stanley reaffirmed an “equal weight” rating and set a $199.00 price objective (down from $211.00) on shares of Cboe Global Markets in a research note on Tuesday, April 9th. Oppenheimer boosted their price target on shares of Cboe Global Markets from $201.00 to $206.00 and gave the company an “outperform” rating in a research report on Monday, February 5th. Citigroup boosted their price target on shares of Cboe Global Markets from $170.00 to $188.00 and gave the company a “neutral” rating in a research report on Friday, January 12th. Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $197.00 price target on shares of Cboe Global Markets in a research report on Thursday, April 4th. Finally, Barclays boosted their price target on shares of Cboe Global Markets from $200.00 to $211.00 and gave the company an “overweight” rating in a research report on Monday, April 8th. Seven research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Cboe Global Markets presently has an average rating of “Hold” and an average target price of $187.36.

Cboe Global Markets Trading Up 0.0 %

Shares of BATS CBOE opened at $176.72 on Thursday. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. The business has a fifty day simple moving average of $184.53 and a two-hundred day simple moving average of $178.07. The firm has a market cap of $18.74 billion, a PE ratio of 91.09 and a beta of 0.61. Cboe Global Markets, Inc. has a twelve month low of $103.82 and a twelve month high of $139.00.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings data on Friday, February 2nd. The company reported $2.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.02. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The firm had revenue of $499.00 million for the quarter, compared to the consensus estimate of $510.65 million. During the same quarter in the previous year, the firm earned $1.80 EPS. The company’s quarterly revenue was up 9.2% compared to the same quarter last year. Analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently disclosed 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. This represents a $2.20 annualized dividend and a yield of 1.24%. The ex-dividend date of this dividend was Wednesday, February 28th. Cboe Global Markets’s payout ratio is 98.97%.

Insider Buying and Selling at Cboe Global Markets

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

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.