Cognios Beta Neutral Large Cap Fund LP Sells 176 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

Cognios Beta Neutral Large Cap Fund LP cut its position in Cboe Global Markets, Inc. (BATS:CBOE) by 6.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,475 shares of the company’s stock after selling 176 shares during the quarter. Cognios Beta Neutral Large Cap Fund LP’s holdings in Cboe Global Markets were worth $442,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Farmers & Merchants Trust Co of Chambersburg PA acquired a new stake in shares of Cboe Global Markets in the fourth quarter valued at about $30,000. Allworth Financial LP increased its stake in shares of Cboe Global Markets by 75.3% in the fourth quarter. Allworth Financial LP now owns 170 shares of the company’s stock valued at $30,000 after buying an additional 73 shares during the period. ORG Partners LLC acquired a new stake in shares of Cboe Global Markets in the fourth quarter valued at about $31,000. BKM Wealth Management LLC acquired a new stake in shares of Cboe Global Markets in the fourth quarter valued at about $33,000. Finally, NBC Securities Inc. acquired a new stake in shares of Cboe Global Markets in the third quarter valued at about $29,000. 81.73% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on CBOE shares. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $197.00 price target on shares of Cboe Global Markets in a research note on Thursday, April 4th. Oppenheimer raised their target price on Cboe Global Markets from $201.00 to $206.00 and gave the stock an “outperform” rating in a research note on Monday, February 5th. Citigroup raised their target price 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. Morgan Stanley reaffirmed 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 note on Tuesday, April 9th. Finally, Barclays raised their target price on Cboe Global Markets from $200.00 to $211.00 and gave the stock an “overweight” rating in a research note on Monday, April 8th. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Cboe Global Markets presently 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 firm’s stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $186.96, for a total value of $995,001.12. Following the transaction, the executive vice president now owns 17,573 shares in the company, valued at $3,285,448.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.51% of the company’s stock.

Cboe Global Markets Stock Up 0.5 %

Cboe Global Markets stock traded up $0.86 during mid-day trading on Wednesday, reaching $179.68. The stock had a trading volume of 579,242 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 stock’s 50-day simple moving average is $184.11 and its 200-day simple moving average is $178.78. The firm has a market capitalization of $19.06 billion, a PE ratio of 92.01 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings data on Friday, February 2nd. The company reported $2.06 EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $499.00 million during the quarter, compared to analysts’ expectations of $510.65 million. During the same quarter last year, the firm posted $1.80 earnings per share. The company’s revenue for the quarter was up 9.2% compared to the same quarter last year. On average, sell-side analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were issued 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 dividend payout ratio is presently 98.97%.

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.