Cboe Global Markets, Inc. (BATS:CBOE) EVP Sells $974,827.68 in Stock

Cboe Global Markets, Inc. (BATS:CBOE) EVP Dave Howson sold 5,073 shares of the stock in a transaction on Friday, August 2nd. The stock was sold at an average price of $192.16, for a total value of $974,827.68. Following the sale, the executive vice president now owns 7,573 shares of the company’s stock, valued at $1,455,227.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Dave Howson also recently made the following trade(s):

• On Thursday, July 25th, Dave Howson sold 2,392 shares of Cboe Global Markets stock. The stock was sold at an average price of $188.22, for a total value of $450,222.24.
• On Monday, July 22nd, Dave Howson sold 2,500 shares of Cboe Global Markets stock. The shares were sold at an average price of $186.67, for a total value of $466,675.00.

Cboe Global Markets Stock Up 1.2 %

Shares of CBOE stock opened at $204.70 on Friday. Cboe Global Markets, Inc. has a 12 month low of $103.82 and a 12 month high of $139.00. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. The firm has a market cap of $21.71 billion, a PE ratio of 105.52 and a beta of 0.61. The stock has a 50 day moving average of $177.23 and a 200-day moving average of $181.22.

Cboe Global Markets (BATS:CBOE) last released its earnings results on Friday, August 2nd. The company reported $2.15 EPS for the quarter, beating the consensus estimate of $2.10 by $0.05. The firm had revenue of $513.80 million during the quarter, compared to analysts’ expectations of $514.51 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.78 EPS. On average, equities analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 31st were paid a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 1.07%. The ex-dividend date of this dividend was Friday, May 31st. Cboe Global Markets’s payout ratio is presently 98.97%.

Analysts Set New Price Targets

Several brokerages recently weighed in on CBOE. Bank of America raised their price objective on shares of Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a research report on Friday, April 19th. Oppenheimer upped their price objective on shares of Cboe Global Markets from $199.00 to $209.00 and gave the stock an “outperform” rating in a report on Monday. JPMorgan Chase & Co. upgraded Cboe Global Markets from an “underweight” rating to a “neutral” rating and raised their target price for the company from $168.00 to $195.00 in a report on Monday. Barclays upped their price target on Cboe Global Markets from $194.00 to $218.00 and gave the stock an “overweight” rating in a research note on Monday. Finally, Keefe, Bruyette & Woods raised their price objective on Cboe Global Markets from $197.00 to $198.00 and gave the company a “market perform” rating in a research note on Monday. Seven analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, Cboe Global Markets currently has a consensus rating of “Hold” and a consensus price target of $193.33.

Hedge Funds Weigh In On Cboe Global Markets

Several institutional investors and hedge funds have recently added to or reduced their stakes in CBOE. Norges Bank acquired a new stake in shares of Cboe Global Markets during the 4th quarter worth approximately $226,557,000. Perpetual Ltd acquired a new stake in Cboe Global Markets during the first quarter worth $74,868,000. Allianz Asset Management GmbH increased its holdings in Cboe Global Markets by 439.5% in the 4th quarter. Allianz Asset Management GmbH now owns 317,631 shares of the company’s stock valued at $56,716,000 after buying an additional 258,753 shares during the period. Los Angeles Capital Management LLC raised its stake in shares of Cboe Global Markets by 66.5% in the 2nd quarter. Los Angeles Capital Management LLC now owns 617,041 shares of the company’s stock valued at $104,934,000 after buying an additional 246,442 shares in the last quarter. Finally, TD Asset Management Inc lifted its holdings in shares of Cboe Global Markets by 36.2% during the 2nd quarter. TD Asset Management Inc now owns 499,995 shares of the company’s stock worth $85,029,000 after acquiring an additional 132,833 shares during the period. 81.73% of the stock is currently owned by institutional investors.

Cboe Global Markets Company 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.