2,281 Shares in Cboe Global Markets, Inc. $CBOE Purchased by Roberts Glore & Co. Inc. IL

Roberts Glore & Co. Inc. IL bought a new position in shares of Cboe Global Markets, Inc. (BATS:CBOE) during the 2nd quarter, Holdings Channel reports. The firm bought 2,281 shares of the company’s stock, valued at approximately $554,000.

A number of other hedge funds also recently added to or reduced their stakes in CBOE. Jones Financial Companies Lllp purchased a new stake in shares of Cboe Global Markets during the 2nd quarter worth approximately $25,000. Keating Financial Advisory Services Inc. acquired a new stake in shares of Cboe Global Markets in the 2nd quarter worth approximately $26,000. University of Texas Texas AM Investment Management Co. purchased a new position in Cboe Global Markets in the 4th quarter valued at approximately $26,000. Clearstead Trust LLC purchased a new position in Cboe Global Markets in the 2nd quarter valued at approximately $27,000. Finally, NFSG Corp acquired a new position in Cboe Global Markets during the first quarter worth $31,000. 81.73% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have commented on CBOE shares. Keefe, Bruyette & Woods boosted their target price on Cboe Global Markets from $300.00 to $335.00 and gave the stock a “market perform” rating in a research report on Monday, May 4th. Zacks Research cut Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 8th. TD Cowen lifted their price target on Cboe Global Markets from $304.00 to $315.00 and gave the stock a “hold” rating in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Cboe Global Markets in a research report on Monday, August 3rd. Finally, Loop Capital set a $380.00 price objective on shares of Cboe Global Markets in a research note on Monday, August 3rd. 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 stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $315.30.

Cboe Global Markets Price Performance

Cboe Global Markets stock opened at $308.82 on Wednesday. Cboe Global Markets, Inc. has a 12-month low of $227.15 and a 12-month high of $371.18. The stock has a market capitalization of $32.75 billion, a P/E ratio of 159.19 and a beta of 0.61. The firm’s 50-day moving average is $275.73 and its two-hundred day moving average is $293.41. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings data on Friday, July 31st. The company reported $3.56 earnings per share for the quarter, beating analysts’ consensus estimates of $3.49 by $0.07. The business had revenue of $731.60 million during the quarter, compared to analyst estimates of $716.61 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The company’s revenue was up 24.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.46 earnings per share. Equities analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a $0.86 dividend. This represents a $3.44 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Monday, August 31st. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.72. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Insider Buying and Selling

In other Cboe Global Markets news, Director Janet P. Froetscher sold 937 shares of the business’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $278.95, for a total value of $261,376.15. Following the completion of the transaction, the director directly owned 12,870 shares in the company, valued at approximately $3,590,086.50. The trade was a 6.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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 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. 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.