TD Waterhouse Canada Inc. Boosts Stake in Cboe Global Markets, Inc. $CBOE

TD Waterhouse Canada Inc. grew its holdings in Cboe Global Markets, Inc. (BATS:CBOEFree Report) by 197.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 62,611 shares of the company’s stock after purchasing an additional 41,587 shares during the period. TD Waterhouse Canada Inc.’s holdings in Cboe Global Markets were worth $15,529,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Jones Financial Companies Lllp acquired a new position in Cboe Global Markets in the second quarter valued at about $25,000. Keating Financial Advisory Services Inc. acquired a new stake in shares of Cboe Global Markets during the second quarter valued at about $26,000. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Cboe Global Markets during the fourth quarter valued at about $26,000. Clearstead Trust LLC purchased a new stake in shares of Cboe Global Markets in the 2nd quarter valued at approximately $27,000. Finally, NFSG Corp purchased a new stake in shares of Cboe Global Markets in the 1st quarter valued at approximately $31,000. 81.73% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Cboe Global Markets

In related news, Director Janet Froetscher sold 937 shares of Cboe Global Markets stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $278.95, for a total value of $261,376.15. Following the completion of the transaction, the director owned 12,870 shares in the company, valued at $3,590,086.50. The trade was a 6.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have recently commented on CBOE shares. Erste Group Bank lowered shares of Cboe Global Markets from a “buy” rating to a “hold” rating in a report on Friday, June 5th. Morgan Stanley reiterated an “underweight” rating and issued a $258.00 target price on shares of Cboe Global Markets in a report on Friday, July 10th. TD Cowen boosted their target price on Cboe Global Markets from $304.00 to $315.00 and gave the company a “hold” rating in a research report on Monday, August 3rd. Barclays upped their price target on Cboe Global Markets from $347.00 to $354.00 and gave the stock an “overweight” rating in a research note on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Cboe Global Markets in a research report on Monday, August 3rd. Three investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Cboe Global Markets currently has an average rating of “Hold” and a consensus price target of $315.30.

View Our Latest Analysis on Cboe Global Markets

Cboe Global Markets Price Performance

Shares of BATS CBOE opened at $298.38 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The company has a market cap of $31.65 billion, a price-to-earnings ratio of 153.80 and a beta of 0.61. The stock’s 50-day moving average is $284.38 and its two-hundred day moving average is $294.98. Cboe Global Markets, Inc. has a 1-year low of $227.15 and a 1-year high of $371.18.

Cboe Global Markets (BATS:CBOEGet Free Report) last announced its quarterly earnings data on Friday, July 31st. The company reported $3.56 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $731.60 million during the quarter, compared to analysts’ expectations of $716.61 million. During the same quarter last year, the business posted $2.46 EPS. The business’s quarterly revenue was up 24.6% compared to the same quarter last year. Analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a $0.86 dividend. This represents a $3.44 annualized dividend and a yield of 1.2%. This is a positive change 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 dividend payout ratio is 98.97%.

Cboe Global Markets Company Profile

(Free Report)

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.

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

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