CreativeOne Wealth LLC Purchases 2,402 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

CreativeOne Wealth LLC raised its position in Cboe Global Markets, Inc. (BATS:CBOE) by 106.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,658 shares of the company’s stock after purchasing an additional 2,402 shares during the quarter. CreativeOne Wealth LLC’s holdings in Cboe Global Markets were worth $954,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in CBOE. ORG Partners LLC bought a new position in Cboe Global Markets in the 2nd quarter valued at approximately $30,000. Friedenthal Financial bought a new position in shares of Cboe Global Markets during the third quarter valued at $49,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of Cboe Global Markets during the second quarter worth $51,000. GPS Wealth Strategies Group LLC grew its stake in shares of Cboe Global Markets by 59.1% in the second quarter. GPS Wealth Strategies Group LLC now owns 331 shares of the company’s stock worth $56,000 after purchasing an additional 123 shares during the last quarter. Finally, Brooklyn Investment Group acquired a new stake in Cboe Global Markets in the third quarter valued at $66,000. 81.73% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, COO Christopher A. Isaacson sold 6,000 shares of Cboe Global Markets stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $204.89, for a total transaction of $1,229,340.00. Following the completion of the transaction, the chief operating officer now owns 39,855 shares in the company, valued at approximately $8,165,890.95. The trade was a 13.08 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Jill Griebenow sold 1,622 shares of the business’s stock in a transaction that occurred on Wednesday, September 4th. The stock was sold at an average price of $213.33, for a total value of $346,021.26. Following the sale, the chief financial officer now directly owns 8,844 shares of the company’s stock, valued at $1,886,690.52. This represents a 15.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.51% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

CBOE has been the topic of several recent research reports. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $220.00 target price on shares of Cboe Global Markets in a report on Monday, November 4th. Deutsche Bank Aktiengesellschaft raised Cboe Global Markets from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $212.00 to $222.00 in a research note on Monday, November 11th. Keefe, Bruyette & Woods increased their target price on shares of Cboe Global Markets from $197.00 to $198.00 and gave the company a “market perform” rating in a research report on Monday, August 5th. Oppenheimer boosted their price target on shares of Cboe Global Markets from $209.00 to $227.00 and gave the stock an “outperform” rating in a research report on Monday, October 14th. Finally, Morgan Stanley cut shares of Cboe Global Markets from an “equal weight” rating to an “underweight” rating and set a $199.00 price objective for the company. in a research report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $209.42.

Cboe Global Markets Price Performance

Shares of BATS CBOE opened at $215.21 on Friday. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. The firm’s 50-day moving average price is $208.26 and its 200-day moving average price is $194.85. The firm has a market capitalization of $22.83 billion, a P/E ratio of 110.93 and a beta of 0.61. Cboe Global Markets, Inc. has a 1-year low of $103.82 and a 1-year high of $139.00.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings results on Friday, November 1st. The company reported $2.22 earnings per share for the quarter, topping analysts’ consensus estimates of $2.19 by $0.03. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The business had revenue of $532.00 million for the quarter, compared to the consensus estimate of $530.46 million. During the same period in the prior year, the business earned $2.06 EPS. The firm’s revenue for the quarter was up 10.7% on a year-over-year basis. Equities research analysts anticipate that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets announced that its board has approved a stock buyback plan on Friday, August 16th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the company to reacquire up to 2.3% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date of this dividend is Friday, November 29th. Cboe Global Markets’s dividend payout ratio is currently 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.