Yousif Capital Management LLC Purchases 53,946 Shares of Cboe Global Markets, Inc. $CBOE

Yousif Capital Management LLC grew its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOE – Free Report) by 431.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 66,461 shares of the company’s stock after buying an additional 53,946 shares during the period. Yousif Capital Management LLC owned 0.06% of Cboe Global Markets worth $18,296,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Jones Financial Companies Lllp acquired a new position in Cboe Global Markets during the 2nd quarter worth $25,000. Keating Financial Advisory Services Inc. acquired a new position in shares of Cboe Global Markets during the second quarter valued at $26,000. Clearstead Trust LLC acquired a new position in shares of Cboe Global Markets during the second quarter valued at $27,000. NFSG Corp acquired a new position in shares of Cboe Global Markets during the first quarter valued at $31,000. Finally, Rosenberg Matthew Hamilton raised its stake in shares of Cboe Global Markets by 11,300.0% during the third quarter. Rosenberg Matthew Hamilton now owns 114 shares of the company’s stock valued at $31,000 after purchasing an additional 113 shares in the last quarter. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Cboe Global Markets news, Director Janet Froetscher sold 937 shares of the company’s stock in a transaction dated 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 sale, the director directly owned 12,870 shares of the company’s stock, valued at approximately $3,590,086.50. This represents a 6.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.51% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Zacks Research downgraded shares of Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 8th. Loop Capital set a $343.00 target price on shares of Cboe Global Markets in a research report on Wednesday, October 7th. Morgan Stanley reissued an “overweight” rating and set a $450.00 target price on shares of Cboe Global Markets in a research note on Friday. Wells Fargo & Company raised their target price on shares of Cboe Global Markets from $301.00 to $309.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 14th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Cboe Global Markets from $277.00 to $288.00 and gave the stock an “underweight” rating in a research report on Tuesday, July 28th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Cboe Global Markets presently has a consensus rating of “Hold” and an average target price of $330.27.

Check Out Our Latest Report on Cboe Global Markets

Cboe Global Markets Price Performance

BATS CBOE traded up $12.70 on Friday, reaching $340.42. 1,864,590 shares of the stock traded hands, compared to its average volume of 1,133,320. Cboe Global Markets, Inc. has a 12 month low of $227.15 and a 12 month high of $371.18. The company has a market cap of $36.11 billion, a price-to-earnings ratio of 175.48 and a beta of 0.61. The firm’s fifty day simple moving average is $291.19 and its 200 day simple moving average is $294.65. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60.

Cboe Global Markets (BATS:CBOE – Get Free Report) last posted its quarterly earnings data on Friday, July 31st. The company reported $3.56 EPS for the quarter, topping analysts’ consensus estimates of $3.49 by $0.07. The company had revenue of $731.60 million for the quarter, compared to the consensus estimate of $716.61 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The company’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.46 EPS. As a group, research analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets announced that its board has approved a share repurchase program on Thursday, October 22nd that allows the company to buy back $550.00 million in shares. This repurchase authorization allows the company to repurchase up to 1.6% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its shares are undervalued.

Cboe Global Markets Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be issued a dividend of $0.86 per share. This represents a $3.44 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Monday, November 30th. Cboe Global Markets’s payout ratio is presently 98.97%.

Cboe Global Markets 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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