21,254 Shares in Cboe Global Markets, Inc. $CBOE Purchased by Engineers Gate Manager LP

Engineers Gate Manager LP acquired a new position in Cboe Global Markets, Inc. (BATS:CBOE) during the second quarter, HoldingsChannel reports. The institutional investor acquired 21,254 shares of the company’s stock, valued at approximately $5,158,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Oregon Public Employees Retirement Fund boosted its position in shares of Cboe Global Markets by 0.3% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 11,993 shares of the company’s stock worth $3,371,000 after purchasing an additional 33 shares in the last quarter. SHUTTLEWORTH & Co raised its stake in Cboe Global Markets by 0.5% during the fourth quarter. SHUTTLEWORTH & Co now owns 8,339 shares of the company’s stock valued at $2,093,000 after buying an additional 41 shares during the last quarter. Arkadios Wealth Advisors raised its stake in Cboe Global Markets by 4.7% during the first quarter. Arkadios Wealth Advisors now owns 905 shares of the company’s stock valued at $254,000 after buying an additional 41 shares during the last quarter. Centaurus Financial Inc. boosted its holdings in 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 in the last quarter. Finally, Norinchukin Bank The boosted its holdings in Cboe Global Markets by 0.7% in the third quarter. Norinchukin Bank The now owns 5,884 shares of the company’s stock worth $1,443,000 after acquiring an additional 42 shares in the last quarter. Institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Stock Performance

Shares of CBOE opened at $281.04 on Friday. The firm has a market capitalization of $29.81 billion, a P/E ratio of 144.87 and a beta of 0.61. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. Cboe Global Markets, Inc. has a one year low of $227.15 and a one year high of $371.18. The business has a fifty day moving average of $289.02 and a 200 day moving average of $295.21.

Cboe Global Markets (BATS:CBOE) last posted its earnings results on Friday, July 31st. The company reported $3.56 earnings per share for the quarter, beating analysts’ consensus estimates of $3.49 by $0.07. The company had revenue of $731.60 million for the quarter, compared to the consensus estimate of $716.61 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 24.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.46 earnings per share. As a group, sell-side analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid a $0.86 dividend. This is a boost from Cboe Global Markets’s previous quarterly dividend of $0.72. The ex-dividend date is Monday, August 31st. This represents a $3.44 annualized dividend and a dividend yield of 1.2%. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.97%.

Insider Buying and Selling at Cboe Global Markets

In related news, Director Janet Froetscher sold 937 shares of the firm’s stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $278.95, for a total value of $261,376.15. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on CBOE. Zacks Research downgraded Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Cboe Global Markets in a research note on Monday, August 3rd. Morgan Stanley reissued an “underweight” rating and set a $258.00 price objective on shares of Cboe Global Markets in a research report on Friday, July 10th. TD Cowen raised their price objective on shares of Cboe Global Markets from $304.00 to $315.00 and gave the company a “hold” rating in a research note on Monday, August 3rd. Finally, Piper Sandler decreased their target price on shares of Cboe Global Markets from $355.00 to $320.00 and set an “overweight” rating for the company in a report on Wednesday, July 15th. Three analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $315.30.

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.