Danske Bank A S bought a new stake in shares of Cboe Global Markets, Inc. (BATS:CBOE – Free Report) in the 2nd quarter, Holdings Channel reports. The institutional investor bought 113,623 shares of the company’s stock, valued at approximately $27,501,000.
A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Pacer Advisors Inc. grew its position in shares of Cboe Global Markets by 36.6% during the fourth quarter. Pacer Advisors Inc. now owns 11,639 shares of the company’s stock valued at $2,921,000 after purchasing an additional 3,119 shares in the last quarter. Brindle & Bay Financial Advisors LLC purchased a new stake in shares of Cboe Global Markets in the fourth quarter worth about $735,000. Bleakley Financial Group LLC purchased a new stake in shares of Cboe Global Markets in the first quarter worth about $3,831,000. Fideuram Asset Management Ireland dac purchased a new stake in shares of Cboe Global Markets in the fourth quarter worth about $995,000. Finally, Vestcor Inc boosted its stake in Cboe Global Markets by 37.1% during the fourth quarter. Vestcor Inc now owns 28,626 shares of the company’s stock valued at $7,185,000 after buying an additional 7,753 shares during the last quarter. 81.73% of the stock is currently owned by institutional investors.
Cboe Global Markets Stock Down 3.5%
Shares of BATS CBOE opened at $280.75 on Thursday. The firm’s 50-day moving average price is $274.47 and its 200-day moving average price is $292.40. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $29.78 billion, a price-to-earnings ratio of 144.72 and a beta of 0.61. Cboe Global Markets, Inc. has a 12-month low of $227.15 and a 12-month high of $371.18.
Cboe Global Markets Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a $0.86 dividend. This is a positive change from Cboe Global Markets’s previous quarterly dividend of $0.72. The ex-dividend date is Monday, August 31st. This represents a $3.44 dividend on an annualized basis and a dividend yield of 1.2%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on CBOE shares. TD Cowen raised their price target on Cboe Global Markets from $304.00 to $315.00 and gave the company a “hold” rating in a report on Monday, August 3rd. Erste Group Bank cut Cboe Global Markets from a “buy” rating to a “hold” rating in a report on Friday, June 5th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Cboe Global Markets in a research report on Monday, August 3rd. Loop Capital set a $380.00 target price on shares of Cboe Global Markets in a report on Monday, August 3rd. Finally, UBS Group raised their target price on shares of Cboe Global Markets from $305.00 to $335.00 and gave the company a “neutral” rating in a report on Monday, May 4th. Three investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $315.30.
Read Our Latest Stock Analysis on CBOE
Insider Buying and Selling at Cboe Global Markets
In other news, Director Janet P. Froetscher sold 937 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $278.95, for a total transaction of $261,376.15. Following the transaction, the director owned 12,870 shares of the company’s stock, valued at approximately $3,590,086.50. The trade was a 6.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.51% of the company’s stock.
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. 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.
Featured Stories
- Five stocks we like better than Cboe Global Markets
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
Want to see what other hedge funds are holding CBOE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cboe Global Markets, Inc. (BATS:CBOE – Free Report).
Receive News & Ratings for Cboe Global Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cboe Global Markets and related companies with MarketBeat.com's FREE daily email newsletter.
