Trust Asset Management LLC Makes New $216,000 Investment in Cboe Global Markets, Inc. (BATS:CBOE)

Trust Asset Management LLC bought a new position in Cboe Global Markets, Inc. (BATS:CBOE) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 1,210 shares of the company’s stock, valued at approximately $216,000.

Other large investors have also added to or reduced their stakes in the company. NBC Securities Inc. bought a new position in Cboe Global Markets in the 3rd quarter worth about $29,000. Farmers & Merchants Trust Co of Chambersburg PA purchased a new stake in shares of Cboe Global Markets in the 4th quarter valued at about $30,000. Allworth Financial LP raised its holdings in shares of Cboe Global Markets by 75.3% in the 4th quarter. Allworth Financial LP now owns 170 shares of the company’s stock valued at $30,000 after acquiring an additional 73 shares in the last quarter. ORG Partners LLC purchased a new stake in shares of Cboe Global Markets in the 4th quarter valued at about $31,000. Finally, BKM Wealth Management LLC purchased a new stake in shares of Cboe Global Markets in the 4th quarter valued at about $33,000. Institutional investors own 81.73% of the company’s stock.

Insider Transactions at Cboe Global Markets

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 sale, the executive vice president now owns 17,573 shares in the company, valued at $3,285,448.08. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.51% of the company’s stock.

Cboe Global Markets Stock Up 1.2 %

Shares of BATS CBOE traded up $2.13 during mid-day trading on Thursday, hitting $181.52. 712,949 shares of the stock traded hands, 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 52 week low of $103.82 and a 52 week high of $139.00. The company has a market cap of $19.25 billion, a price-to-earnings ratio of 93.57 and a beta of 0.61. The stock has a fifty day moving average price of $183.92 and a 200-day moving average price of $178.80.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings data on Friday, February 2nd. The company reported $2.06 earnings per share (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 business had revenue of $499.00 million during the quarter, compared to analysts’ expectations of $510.65 million. During the same quarter in the previous year, the business earned $1.80 earnings per share. The firm’s quarterly revenue was up 9.2% compared to the same quarter last year. Research analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were paid a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 1.21%. The ex-dividend date of this dividend was Wednesday, February 28th. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Oppenheimer raised their price target on Cboe Global Markets from $201.00 to $206.00 and gave the company an “outperform” rating in a report on Monday, February 5th. Rosenblatt Securities raised their price target on Cboe Global Markets from $192.00 to $200.00 and gave the company a “buy” rating in a report on Monday, February 5th. Bank of America raised their price target on Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a report on Friday, April 19th. Citigroup raised their price target on Cboe Global Markets from $170.00 to $188.00 and gave the company a “neutral” rating in a report on Friday, January 12th. Finally, Barclays raised their price objective on Cboe Global Markets from $200.00 to $211.00 and gave the company an “overweight” rating in a report on Monday, April 8th. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $190.18.

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.