Cboe Global Markets Inc (CBOE) Position Boosted by Penserra Capital Management LLC

Penserra Capital Management LLC lifted its position in shares of Cboe Global Markets Inc (NASDAQ:CBOE) by 16.0% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 2,653 shares of the financial services provider’s stock after buying an additional 365 shares during the period. Penserra Capital Management LLC’s holdings in Cboe Global Markets were worth $269,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in CBOE. Strs Ohio lifted its stake in shares of Cboe Global Markets by 13.0% during the first quarter. Strs Ohio now owns 1,442 shares of the financial services provider’s stock valued at $137,000 after buying an additional 166 shares during the period. US Bancorp DE lifted its stake in shares of Cboe Global Markets by 10.1% during the first quarter. US Bancorp DE now owns 1,432 shares of the financial services provider’s stock valued at $137,000 after buying an additional 131 shares during the period. Dupont Capital Management Corp purchased a new position in shares of Cboe Global Markets during the fourth quarter valued at approximately $138,000. First Interstate Bank purchased a new position in shares of Cboe Global Markets during the fourth quarter valued at approximately $139,000. Finally, WESPAC Advisors SoCal LLC purchased a new position in shares of Cboe Global Markets during the fourth quarter valued at approximately $175,000. 81.98% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have weighed in on CBOE shares. Zacks Investment Research raised shares of Cboe Global Markets from a “hold” rating to a “buy” rating and set a $105.00 price target on the stock in a research note on Thursday, February 28th. Wells Fargo & Co reaffirmed a “buy” rating on shares of Cboe Global Markets in a research note on Friday, February 8th. Bank of America increased their price target on shares of Cboe Global Markets from $105.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, May 16th. Argus began coverage on shares of Cboe Global Markets in a research note on Friday, February 22nd. They set a “hold” rating on the stock. Finally, UBS Group dropped their price objective on shares of Cboe Global Markets from $105.00 to $103.00 and set a “neutral” rating for the company in a research report on Monday, May 6th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the company. Cboe Global Markets presently has an average rating of “Hold” and a consensus price target of $110.83.

CBOE opened at $106.95 on Monday. Cboe Global Markets Inc has a twelve month low of $87.87 and a twelve month high of $115.11.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings results on Friday, May 3rd. The financial services provider reported $1.11 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.99 by $0.12. The firm had revenue of $280.50 million for the quarter, compared to analyst estimates of $279.49 million.

The company also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Friday, May 31st will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date is Thursday, May 30th.

In other Cboe Global Markets news, EVP John Deters sold 834 shares of the firm’s stock in a transaction on Thursday, May 16th. The shares were sold at an average price of $103.78, for a total transaction of $86,552.52. Following the completion of the transaction, the executive vice president now directly owns 3,121 shares of the company’s stock, valued at approximately $323,897.38. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Bryan Harkins sold 4,300 shares of the firm’s stock in a transaction on Wednesday, May 22nd. The stock was sold at an average price of $106.71, for a total transaction of $458,853.00. Following the transaction, the executive vice president now directly owns 43,661 shares of the company’s stock, valued at $4,659,065.31. The disclosure for this sale can be found here. 0.89% of the stock is currently owned by company insiders.

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Cboe Global Markets Company Profile

Cboe Global Markets, Inc engages in the provision of trading and investment solutions to investors. It operates through the following business segments: Options, U.S. Equities, Futures, European Equities, and Global FX. The Options segment includes options exchange business, which lists for trading options on market indexes (index options), as well as on non-exclusive multiply-listed options.

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Institutional Ownership by Quarter for Cboe Global Markets (NASDAQ:CBOE)

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