GAMMA Investing LLC Invests $149,000 in Cboe Global Markets, Inc. (BATS:CBOE)

GAMMA Investing LLC acquired a new stake in Cboe Global Markets, Inc. (BATS:CBOE) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 811 shares of the company’s stock, valued at approximately $149,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Metis Global Partners LLC increased its stake in Cboe Global Markets by 12.7% in the third 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 during the last quarter. Exencial Wealth Advisors LLC increased its position 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 buying an additional 516 shares in the last quarter. Monument Capital Management purchased a new position in shares of Cboe Global Markets in the fourth quarter valued at $215,000. Illinois Municipal Retirement Fund increased its position in shares of Cboe Global Markets by 30.8% in the fourth quarter. Illinois Municipal Retirement Fund now owns 8,004 shares of the company’s stock valued at $1,429,000 after buying an additional 1,883 shares in the last quarter. Finally, McGuire Investment Group LLC increased its position in shares of Cboe Global Markets by 0.9% in the fourth quarter. McGuire Investment Group LLC now owns 94,024 shares of the company’s stock valued at $16,789,000 after buying an additional 867 shares in the last quarter. 81.73% of the stock is currently owned by hedge funds and other institutional investors.

Cboe Global Markets Price Performance

Shares of BATS CBOE opened at $178.40 on Friday. Cboe Global Markets, Inc. has a twelve month low of $103.82 and a twelve month high of $139.00. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $18.92 billion, a price-to-earnings ratio of 91.96 and a beta of 0.61. The business has a 50 day simple moving average of $183.78 and a 200-day simple moving average of $179.04.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings data on Friday, February 2nd. The company reported $2.06 EPS for the quarter, topping analysts’ consensus estimates of $2.04 by $0.02. The firm had revenue of $499.00 million during the quarter, compared to the consensus estimate of $510.65 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The firm’s revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the business earned $1.80 EPS. As a group, equities research 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 disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were paid a dividend of $0.55 per share. The ex-dividend date was Wednesday, February 28th. This represents a $2.20 dividend on an annualized basis and a yield of 1.23%. Cboe Global Markets’s payout ratio is currently 98.97%.

Insider Buying and Selling

In related news, EVP Dave Howson sold 5,322 shares of the company’s stock in a transaction 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 completion of the transaction, 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 document filed with the SEC, which is available through this link. 0.51% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have issued reports on CBOE shares. Citigroup raised their price target on Cboe Global Markets from $170.00 to $188.00 and gave the stock a “neutral” rating in a research note on Friday, January 12th. Oppenheimer lifted their price objective on Cboe Global Markets from $201.00 to $206.00 and gave the company an “outperform” rating in a research note on Monday, February 5th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $199.00 price objective (down from $211.00) on shares of Cboe Global Markets in a research note on Tuesday, April 9th. Barclays lifted their price objective on Cboe Global Markets from $200.00 to $211.00 and gave the company an “overweight” rating in a research note on Monday, April 8th. Finally, Rosenblatt Securities boosted their price target on Cboe Global Markets from $192.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, February 5th. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $190.18.

Cboe Global Markets 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.