Landscape Capital Management L.L.C. acquired a new stake in Cboe Global Markets, Inc. (BATS:CBOE – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,969 shares of the company’s stock, valued at approximately $720,000.
Several other institutional investors have also modified their holdings of CBOE. Danske Bank A S acquired a new stake in Cboe Global Markets in the second quarter valued at $658,000. Pacer Advisors Inc. lifted its holdings in Cboe Global Markets by 36.6% during the 4th quarter. Pacer Advisors Inc. now owns 11,639 shares of the company’s stock worth $2,921,000 after buying an additional 3,119 shares during the last quarter. Brindle & Bay Financial Advisors LLC acquired a new position in shares of Cboe Global Markets during the 4th quarter worth about $735,000. Bleakley Financial Group LLC acquired a new position in shares of Cboe Global Markets during the 1st quarter worth about $3,831,000. Finally, Fideuram Asset Management Ireland dac purchased a new position in shares of Cboe Global Markets in the 4th quarter valued at about $995,000. 81.73% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In related news, Director Janet P. Froetscher sold 937 shares of the company’s stock in a transaction 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 sale, the director owned 12,870 shares in the company, valued at $3,590,086.50. This represents a 6.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
Get Our Latest Stock Report on Cboe Global Markets
Cboe Global Markets Stock Performance
CBOE opened at $300.74 on Monday. The firm has a market cap of $31.90 billion, a price-to-earnings ratio of 155.02 and a beta of 0.61. Cboe Global Markets, Inc. has a 52 week low of $227.15 and a 52 week high of $371.18. The business’s 50 day moving average is $274.55 and its two-hundred day moving average is $292.86. 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 issued 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 company had revenue of $731.60 million during the quarter, compared to analysts’ expectations of $716.61 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The firm’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.46 earnings per share. On average, research analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.
Cboe Global Markets Increases Dividend
The firm 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 represents a $3.44 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Monday, August 31st. This is a positive change from Cboe Global Markets’s previous quarterly dividend of $0.72. Cboe Global Markets’s dividend payout ratio is presently 98.97%.
About Cboe Global Markets
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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