Cboe Global Markets, Inc. $CBOE Stock Sold by Boston Trust Walden Corp

Boston Trust Walden Corp cut its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOE – Free Report) by 32.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 155,016 shares of the company’s stock after selling 73,869 shares during the quarter. Boston Trust Walden Corp’s holdings in Cboe Global Markets were worth $42,674,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in CBOE. Chicago Partners Investment Group LLC boosted its holdings in shares of Cboe Global Markets by 5.1% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 7,808 shares of the company’s stock worth $2,658,000 after buying an additional 378 shares during the period. Covestor Ltd raised its holdings in Cboe Global Markets by 27.6% in the 3rd quarter. Covestor Ltd now owns 236 shares of the company’s stock valued at $65,000 after acquiring an additional 51 shares during the period. Rakuten Investment Management Inc. lifted its position in Cboe Global Markets by 9.6% during the third quarter. Rakuten Investment Management Inc. now owns 18,759 shares of the company’s stock worth $4,910,000 after acquiring an additional 1,636 shares during the last quarter. Traynor Capital Management Inc. acquired a new stake in Cboe Global Markets during the third quarter worth approximately $217,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Cboe Global Markets during the third quarter worth approximately $7,744,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Cboe Global Markets Trading Up 0.3%

Shares of Cboe Global Markets stock opened at $345.21 on Thursday. 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, Inc. has a 12-month low of $227.15 and a 12-month high of $371.18. The company has a market capitalization of $36.61 billion, a price-to-earnings ratio of 177.94 and a beta of 0.61. The firm’s 50-day moving average price is $297.03 and its two-hundred day moving average price is $293.02.

Cboe Global Markets (BATS:CBOE – Get Free Report) last issued its earnings results on Friday, October 30th. The company reported $3.63 EPS for the quarter, beating the consensus estimate of $3.43 by $0.20. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The company had revenue of $712.20 million during the quarter, compared to analysts’ expectations of $705.22 million. During the same period in the previous year, the company earned $2.67 EPS. The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. On average, analysts forecast that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

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

Cboe Global Markets declared that its board has initiated a share buyback plan on Thursday, October 22nd that allows the company to buy back $550 million in outstanding shares. This repurchase authorization allows the company to reacquire up to 1.6% of its shares through open market purchases. Stock repurchase plans are typically an indication that the company’s board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on CBOE. Royal Bank Of Canada upped their target price on Cboe Global Markets from $303.00 to $360.00 and gave the company a “sector perform” rating in a research report on Friday, October 30th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Cboe Global Markets in a report on Monday, August 3rd. Loop Capital set a $332.00 price target on Cboe Global Markets in a research note on Wednesday, October 28th. Wells Fargo & Company upped their price objective on Cboe Global Markets from $309.00 to $357.00 and gave the company an “equal weight” rating in a report on Monday. Finally, JPMorgan Chase & Co. upped their price objective on Cboe Global Markets from $288.00 to $332.00 and gave the company an “underweight” rating in a report on Wednesday, October 28th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Cboe Global Markets currently has an average rating of “Hold” and an average price target of $363.00.

View Our Latest Analysis on Cboe Global Markets

Insiders Place Their Bets

In other Cboe Global Markets news, Director Janet Froetscher sold 937 shares of the firm’s stock in a transaction 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 sale, the director owned 12,870 shares of the company’s stock, valued at approximately $3,590,086.50. This trade represents a 6.79% decrease in their position. The sale 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. 0.51% of the stock is owned by insiders.

Cboe Global Markets News Roundup

Here are the key news stories impacting Cboe Global Markets this week:

About Cboe Global Markets

(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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