Mount Yale Investment Advisors LLC Sells 719 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

Mount Yale Investment Advisors LLC trimmed its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 5.5% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 12,360 shares of the company’s stock after selling 719 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in Cboe Global Markets were worth $2,271,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Pinnacle Associates Ltd. increased its stake in shares of Cboe Global Markets by 5.2% in the fourth quarter. Pinnacle Associates Ltd. now owns 1,366 shares of the company’s stock worth $244,000 after buying an additional 67 shares during the period. Allworth Financial LP raised its stake in shares of Cboe Global Markets by 75.3% during the fourth quarter. Allworth Financial LP now owns 170 shares of the company’s stock valued at $30,000 after acquiring an additional 73 shares during the last quarter. Marion Wealth Management boosted its holdings in shares of Cboe Global Markets by 0.7% during the first quarter. Marion Wealth Management now owns 10,315 shares of the company’s stock worth $1,895,000 after purchasing an additional 76 shares during the period. Motley Fool Asset Management LLC grew its stake in shares of Cboe Global Markets by 4.3% in the first quarter. Motley Fool Asset Management LLC now owns 2,021 shares of the company’s stock worth $371,000 after purchasing an additional 83 shares during the last quarter. Finally, Texas Permanent School Fund Corp increased its holdings in Cboe Global Markets by 0.3% during the 1st quarter. Texas Permanent School Fund Corp now owns 24,319 shares of the company’s stock valued at $4,468,000 after purchasing an additional 84 shares during the period. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Stock Down 0.6 %

Cboe Global Markets stock traded down $1.12 during mid-day trading on Monday, hitting $185.34. The company had a trading volume of 507,124 shares, compared to its average volume of 636,231. Cboe Global Markets, Inc. has a 12 month low of $103.82 and a 12 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 stock’s 50 day moving average price is $175.05 and its two-hundred day moving average price is $180.57. The company has a market capitalization of $19.66 billion, a PE ratio of 96.11 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings data on Friday, May 3rd. The company reported $2.15 EPS for the quarter, beating the consensus estimate of $2.04 by $0.11. The company had revenue of $502.10 million for the quarter, compared to the consensus estimate of $504.80 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. Cboe Global Markets’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.90 EPS. 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 firm also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 31st were given a $0.55 dividend. The ex-dividend date of this dividend was Friday, May 31st. This represents a $2.20 annualized dividend and a yield of 1.19%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

Insider Activity at Cboe Global Markets

In related news, EVP Catherine R. Clay sold 1,100 shares of the stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $185.06, for a total transaction of $203,566.00. Following the sale, the executive vice president now directly owns 4,656 shares of the company’s stock, valued at $861,639.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other news, EVP Catherine R. Clay sold 1,100 shares of the company’s stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $185.06, for a total transaction of $203,566.00. Following the completion of the sale, the executive vice president now owns 4,656 shares of the company’s stock, valued at approximately $861,639.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Christopher A. Isaacson sold 6,000 shares of Cboe Global Markets stock in a transaction on Friday, June 21st. The shares were sold at an average price of $175.00, for a total value of $1,050,000.00. Following the transaction, the chief operating officer now owns 51,855 shares in the company, valued at $9,074,625. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,600 shares of company stock valued at $1,720,241. 0.51% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Barclays decreased their target price on Cboe Global Markets from $215.00 to $194.00 and set an “overweight” rating for the company in a report on Wednesday, July 10th. Oppenheimer reaffirmed an “outperform” rating and issued a $206.00 target price on shares of Cboe Global Markets in a research report on Monday, May 6th. Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $197.00 price target on shares of Cboe Global Markets in a research report on Thursday, April 4th. Morgan Stanley restated an “equal weight” rating and issued a $199.00 price objective (down from $211.00) on shares of Cboe Global Markets in a report on Tuesday, April 9th. Finally, Rosenblatt Securities upped their target price on Cboe Global Markets from $200.00 to $205.00 and gave the stock a “buy” rating in a report on Monday, May 6th. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, Cboe Global Markets has a consensus rating of “Hold” and an average price target of $189.09.

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.