Cboe Global Markets, Inc. $CBOE Shares Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. grew its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 2.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 875,775 shares of the company’s stock after purchasing an additional 17,321 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.83% of Cboe Global Markets worth $236,512,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in CBOE. Oregon Public Employees Retirement Fund grew its position in Cboe Global Markets by 0.3% during the first quarter. Oregon Public Employees Retirement Fund now owns 11,993 shares of the company’s stock valued at $3,371,000 after buying an additional 33 shares during the period. Net Worth Advisory Group raised its position in shares of Cboe Global Markets by 3.9% in the third quarter. Net Worth Advisory Group now owns 906 shares of the company’s stock worth $251,000 after acquiring an additional 34 shares during the period. Arkadios Wealth Advisors raised its position in shares of Cboe Global Markets by 4.7% in the first quarter. Arkadios Wealth Advisors now owns 905 shares of the company’s stock worth $254,000 after acquiring an additional 41 shares during the period. Centaurus Financial Inc. raised its position in shares of Cboe Global Markets by 1.0% in the first quarter. Centaurus Financial Inc. now owns 4,048 shares of the company’s stock worth $1,138,000 after acquiring an additional 42 shares during the period. Finally, Root Financial Partners LLC boosted its stake in shares of Cboe Global Markets by 19.6% during the 1st quarter. Root Financial Partners LLC now owns 281 shares of the company’s stock worth $79,000 after acquiring an additional 46 shares in the last quarter. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Price Performance

Shares of BATS CBOE opened at $315.00 on Wednesday. The firm has a market cap of $33.41 billion, a PE ratio of 162.37 and a beta of 0.61. The firm has a fifty day moving average of $289.05 and a 200 day moving average of $293.85. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. Cboe Global Markets, Inc. has a one year low of $227.15 and a one year high of $371.18.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings data on Friday, July 31st. The company reported $3.56 earnings per share for the quarter, topping 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 net margin of 5.77% and a return on equity of 20.05%. The firm’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same period in the prior year, the business posted $2.46 earnings per share. As a group, research analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st were paid a dividend of $0.86 per share. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.72. This represents a $3.44 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Monday, August 31st. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Insider Buying and Selling at Cboe Global Markets

In related news, Director Janet Froetscher sold 937 shares of the company’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $278.95, for a total transaction of $261,376.15. Following the completion of the transaction, 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 at 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 Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. TD Cowen raised their target price on Cboe Global Markets from $334.00 to $342.00 and gave the company a “buy” rating in a research report on Monday, October 12th. Zacks Research lowered Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 8th. JPMorgan Chase & Co. upped their price target on Cboe Global Markets from $277.00 to $288.00 and gave the stock an “underweight” rating in a report on Tuesday, July 28th. The Goldman Sachs Group upgraded Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 12th. Finally, Morgan Stanley raised Cboe Global Markets from an “underweight” rating to an “overweight” rating and raised their price objective for the company from $258.00 to $358.00 in a report on Friday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Cboe Global Markets presently has a consensus rating of “Hold” and a consensus target price of $321.91.

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. 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.