2,116 Cboe Global Markets, Inc. $CBOE Shares Purchased by Calamos Advisors LLC

Calamos Advisors LLC grew its stake in Cboe Global Markets, Inc. (BATS:CBOE) by 2.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 85,418 shares of the company’s stock after buying an additional 2,116 shares during the period. Calamos Advisors LLC’s holdings in Cboe Global Markets were worth $23,515,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in CBOE. BlackRock Inc. acquired a new position in shares of Cboe Global Markets in the second quarter worth approximately $2,474,799,000. Deutsche Bank AG bought a new position in Cboe Global Markets during the 2nd quarter worth approximately $491,465,000. Jupiter Topco LLC bought a new position in Cboe Global Markets during the 2nd quarter worth approximately $304,917,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Cboe Global Markets by 5.5% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 987,606 shares of the company’s stock worth $239,662,000 after purchasing an additional 51,784 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its position in shares of Cboe Global Markets by 2.0% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 875,775 shares of the company’s stock worth $236,512,000 after purchasing an additional 17,321 shares during the period. 81.73% of the stock is currently owned by institutional investors.

Cboe Global Markets Trading Up 0.1%

Shares of CBOE stock traded up $0.20 during trading hours on Friday, hitting $353.27. 1,014,794 shares of the company were exchanged, compared to its average volume of 1,141,226. The company has a 50 day simple moving average of $298.63 and a two-hundred day simple moving average of $293.83. The firm has a market cap of $37.47 billion, a P/E ratio of 182.10 and a beta of 0.61. 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 fifty-two week low of $227.15 and a fifty-two week high of $371.18.

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

Cboe Global Markets declared that its Board of Directors has authorized a share repurchase program on Thursday, October 22nd that permits the company to buy back $550 million in shares. This buyback authorization permits the company to repurchase up to 1.6% of its shares through open market purchases. Share buyback programs are typically a sign that the company’s board of directors believes its shares are undervalued.

Cboe Global Markets Dividend Announcement

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

Insiders Place Their Bets

In other news, Director Janet Froetscher sold 937 shares of the 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 transaction, the director owned 12,870 shares of the company’s stock, 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 this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.51% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on CBOE shares. TD Cowen upped their price objective on shares of Cboe Global Markets from $342.00 to $417.00 and gave the company a “buy” rating in a research note on Monday, November 2nd. Wells Fargo & Company lifted their target price on shares of Cboe Global Markets from $309.00 to $357.00 and gave the stock an “equal weight” rating in a research note on Monday, November 2nd. Deutsche Bank Aktiengesellschaft restated 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 shares of Cboe Global Markets in a research report on Wednesday, October 28th. Finally, The Goldman Sachs Group cut shares of Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. Five investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $363.00.

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.