Martin Capital Advisors LLP Acquires 114 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

Martin Capital Advisors LLP grew its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 7.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,698 shares of the company’s stock after purchasing an additional 114 shares during the period. Martin Capital Advisors LLP’s holdings in Cboe Global Markets were worth $303,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Norges Bank purchased a new stake in Cboe Global Markets during the 4th quarter valued at $159,764,000. Price T Rowe Associates Inc. MD increased its position in shares of Cboe Global Markets by 156.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,015,184 shares of the company’s stock valued at $136,280,000 after purchasing an additional 618,644 shares during the last quarter. Morgan Stanley lifted its stake in shares of Cboe Global Markets by 86.7% in the 4th quarter. Morgan Stanley now owns 1,310,493 shares of the company’s stock worth $164,428,000 after purchasing an additional 608,728 shares during the period. Alliancebernstein L.P. boosted its holdings in shares of Cboe Global Markets by 194.6% in the fourth quarter. Alliancebernstein L.P. now owns 833,975 shares of the company’s stock worth $104,639,000 after buying an additional 550,867 shares during the last quarter. Finally, FMR LLC boosted its holdings in shares of Cboe Global Markets by 15.1% in the third quarter. FMR LLC now owns 2,206,823 shares of the company’s stock worth $344,728,000 after buying an additional 289,048 shares during the last quarter. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Price Performance

CBOE traded up $2.89 during trading on Friday, hitting $180.40. 882,389 shares of the company traded hands, compared to its average volume of 636,231. 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 cap of $19.13 billion, a PE ratio of 91.50 and a beta of 0.61. The stock’s 50-day simple moving average is $184.39 and its two-hundred day simple moving average is $178.07. Cboe Global Markets, Inc. has a 1 year low of $103.82 and a 1 year 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 for the quarter, beating analysts’ consensus estimates of $2.04 by $0.02. The firm had revenue of $499.00 million during the quarter, compared to analyst estimates of $510.65 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The business’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.80 earnings per share. As a group, sell-side analysts anticipate that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were issued a dividend of $0.55 per share. The ex-dividend date was Wednesday, February 28th. This represents a $2.20 annualized dividend and a dividend yield of 1.22%. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

Insider Activity

In other news, EVP Dave Howson sold 5,322 shares of the business’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $186.96, for a total value of $995,001.12. Following the sale, the executive vice president now directly owns 17,573 shares in the company, valued at approximately $3,285,448.08. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.51% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Citigroup lifted their price target on shares of 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 boosted 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. Morgan Stanley reaffirmed an “equal weight” rating and issued a $199.00 price objective (down previously from $211.00) on shares of Cboe Global Markets in a research note on Tuesday, April 9th. Barclays boosted 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 raised their target price on shares of Cboe Global Markets from $192.00 to $200.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Seven equities 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 an average rating of “Hold” and an average price target of $190.18.

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.