Vise Technologies Inc. acquired a new stake in shares of Cboe Global Markets, Inc. (BATS:CBOE – Free Report) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 1,828 shares of the company’s stock, valued at approximately $444,000.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. University of Texas Texas AM Investment Management Co. bought a new position in shares of Cboe Global Markets in the fourth quarter worth approximately $26,000. Clearstead Trust LLC purchased a new stake in Cboe Global Markets in the second quarter valued at approximately $27,000. NFSG Corp bought a new stake in Cboe Global Markets during the first quarter valued at approximately $31,000. Headlands Technologies LLC bought a new stake in Cboe Global Markets during the second quarter valued at approximately $31,000. Finally, Elyxium Wealth LLC purchased a new position in Cboe Global Markets in the 4th quarter worth approximately $33,000. 81.73% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity
In other news, Director Janet P. Froetscher sold 937 shares of the stock in a transaction that occurred on Wednesday, August 12th. The stock was 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 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 is accessible 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.
Analysts Set New Price Targets
Check Out Our Latest Research Report on CBOE
Cboe Global Markets Stock Performance
Shares of BATS:CBOE opened at $308.09 on Tuesday. 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 company has a 50-day moving average price of $274.86 and a 200-day moving average price of $293.14. The company has a market cap of $32.68 billion, a price-to-earnings ratio of 158.81 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 (BATS:CBOE – Get Free Report) last issued its quarterly earnings data on Friday, July 31st. The company reported $3.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.49 by $0.07. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business had revenue of $731.60 million for the quarter, compared to the consensus estimate of $716.61 million. During the same period in the previous year, the firm earned $2.46 EPS. The company’s quarterly revenue was up 24.6% compared to the same quarter last year. As a group, equities analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.
Cboe Global Markets Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a dividend of $0.86 per share. 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 1.1%. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.97%.
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 Articles
- Five stocks we like better than Cboe Global Markets
- Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters
- Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain
- Snowflake Could Be Headed for New Highs Despite Insider Selling
- MongoDB Is Surging—And the Next Catalyst Is Almost Here
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.
