CYBER HORNET ETFs LLC Purchases 4,068 Shares of Cboe Global Markets, Inc. $CBOE

CYBER HORNET ETFs LLC grew its position in Cboe Global Markets, Inc. (BATS:CBOE) by 1,412.5% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 4,356 shares of the company’s stock after acquiring an additional 4,068 shares during the period. CYBER HORNET ETFs LLC’s holdings in Cboe Global Markets were worth $1,057,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. California State Teachers Retirement System grew its stake in Cboe Global Markets by 24,398.6% in the second quarter. California State Teachers Retirement System now owns 43,712,632 shares of the company’s stock valued at $10,607,744,000 after acquiring an additional 43,534,203 shares during the period. BlackRock Inc. bought a new stake in shares of Cboe Global Markets in the second quarter worth about $2,474,799,000. Deutsche Bank AG acquired a new stake in shares of Cboe Global Markets during the second quarter worth about $491,465,000. Norges Bank acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth about $354,578,000. Finally, Jupiter Topco LLC acquired a new stake in shares of Cboe Global Markets during the second quarter worth about $304,917,000. Institutional investors own 81.73% of the company’s stock.

Insider Transactions at Cboe Global Markets

In other news, Director Janet Froetscher sold 937 shares of the stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $278.95, for a total transaction of $261,376.15. Following the completion of the transaction, the director directly owned 12,870 shares in the company, valued at $3,590,086.50. This represents a 6.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.51% of the company’s stock.

Cboe Global Markets Price Performance

BATS:CBOE opened at $298.38 on Monday. The stock has a 50-day simple moving average of $284.38 and a 200 day simple moving average of $295.12. Cboe Global Markets, Inc. has a 52-week low of $227.15 and a 52-week high of $371.18. The company has a market cap of $31.65 billion, a PE ratio of 153.80 and a beta of 0.61. 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 (BATS:CBOE) last released its quarterly earnings results on Friday, July 31st. The company reported $3.56 earnings per share for the quarter, topping analysts’ consensus estimates of $3.49 by $0.07. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The firm had revenue of $731.60 million during the quarter, compared to the consensus estimate of $716.61 million. During the same quarter in the prior year, the firm posted $2.46 EPS. The business’s revenue was up 24.6% on a year-over-year basis. On average, sell-side analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a $0.86 dividend. This represents a $3.44 dividend on an annualized basis and a yield of 1.2%. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.72. The ex-dividend date of this dividend is Monday, August 31st. Cboe Global Markets’s payout ratio is 98.97%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on CBOE shares. Morgan Stanley reiterated an “underweight” rating and issued a $258.00 price objective on shares of Cboe Global Markets in a research report on Friday, July 10th. Loop Capital set a $380.00 target price on shares of Cboe Global Markets in a report on Monday, August 3rd. TD Cowen lifted their price target on shares of Cboe Global Markets from $304.00 to $315.00 and gave the company a “hold” rating in a research note on Monday, August 3rd. Piper Sandler cut their price target on shares of Cboe Global Markets from $355.00 to $320.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 15th. Finally, JPMorgan Chase & Co. upped their price target on shares of Cboe Global Markets from $277.00 to $288.00 and gave the company an “underweight” rating in a report on Tuesday, July 28th. Three research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Cboe Global Markets presently has a consensus rating of “Hold” and a consensus target price of $315.30.

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. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.