E. Ohman J or Asset Management AB Sells 730 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

E. Ohman J or Asset Management AB reduced its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 16.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,655 shares of the company’s stock after selling 730 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in Cboe Global Markets were worth $749,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. FinTrust Capital Advisors LLC boosted its position in shares of Cboe Global Markets by 170.0% during the first quarter. FinTrust Capital Advisors LLC now owns 135 shares of the company’s stock valued at $25,000 after buying an additional 85 shares during the period. ORG Partners LLC purchased a new position in shares of Cboe Global Markets during the second quarter valued at approximately $30,000. Redmont Wealth Advisors LLC purchased a new position in shares of Cboe Global Markets during the first quarter valued at approximately $42,000. Friedenthal Financial purchased a new position in shares of Cboe Global Markets during the third quarter valued at approximately $49,000. Finally, Ashton Thomas Private Wealth LLC purchased a new position in shares of Cboe Global Markets during the second quarter valued at approximately $51,000. 81.73% of the stock is owned by institutional investors.

Insider Transactions at Cboe Global Markets

In other Cboe Global Markets news, COO Christopher A. Isaacson sold 6,000 shares of the stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $204.89, for a total value of $1,229,340.00. Following the completion of the sale, the chief operating officer now directly owns 39,855 shares in the company, valued at approximately $8,165,890.95. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, EVP Dave Howson sold 5,073 shares of Cboe Global Markets stock in a transaction on Friday, August 2nd. The shares were sold at an average price of $192.16, for a total transaction of $974,827.68. Following the completion of the sale, the executive vice president now directly owns 7,573 shares in the company, valued at approximately $1,455,227.68. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Christopher A. Isaacson sold 6,000 shares of the company’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $204.89, for a total value of $1,229,340.00. Following the completion of the transaction, the chief operating officer now directly owns 39,855 shares in the company, valued at approximately $8,165,890.95. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,369 shares of company stock valued at $2,687,925 in the last quarter. 0.51% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on CBOE shares. Deutsche Bank Aktiengesellschaft boosted their target price on Cboe Global Markets from $186.00 to $205.00 and gave the company a “hold” rating in a research report on Thursday, August 15th. JPMorgan Chase & Co. upgraded Cboe Global Markets from an “underweight” rating to a “neutral” rating and boosted their price target for the company from $168.00 to $195.00 in a report on Monday, August 5th. TD Cowen started coverage on Cboe Global Markets in a report on Thursday, September 26th. They issued a “hold” rating and a $205.00 price target for the company. Barclays boosted their price target on Cboe Global Markets from $218.00 to $239.00 and gave the company an “overweight” rating in a report on Monday, October 7th. Finally, Piper Sandler boosted their price target on Cboe Global Markets from $210.00 to $220.00 and gave the company an “overweight” rating in a report on Tuesday, October 8th. Eight investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $208.75.

Cboe Global Markets Stock Down 1.0 %

Cboe Global Markets stock opened at $212.82 on Friday. The business has a fifty day moving average of $209.20 and a two-hundred day moving average of $190.28. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. The firm has a market cap of $22.57 billion, a P/E ratio of 109.70 and a beta of 0.61. Cboe Global Markets, Inc. has a twelve month low of $103.82 and a twelve month high of $139.00.

Cboe Global Markets (BATS:CBOE) last posted its earnings results on Friday, August 2nd. The company reported $2.15 earnings per share for the quarter, topping analysts’ consensus estimates of $2.10 by $0.05. The company had revenue of $513.80 million during the quarter, compared to analyst estimates of $514.51 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. Cboe Global Markets’s revenue was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.78 earnings per share. On average, analysts forecast that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets declared that its Board of Directors has authorized a share repurchase plan on Friday, August 16th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the company to repurchase up to 2.3% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.

Cboe Global Markets Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 1.18%. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Cboe Global Markets 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.