Cboe Global Markets, Inc. (BATS:CBOE) Shares Purchased by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC increased its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 8.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 668,834 shares of the company’s stock after acquiring an additional 51,793 shares during the period. Los Angeles Capital Management LLC’s holdings in Cboe Global Markets were worth $137,024,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. ORG Partners LLC acquired a new stake in Cboe Global Markets in the second quarter valued at $30,000. Friedenthal Financial acquired a new stake in Cboe Global Markets in the third quarter valued at $49,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Cboe Global Markets during the second quarter valued at $51,000. GPS Wealth Strategies Group LLC boosted its stake in shares of Cboe Global Markets by 59.1% during the second quarter. GPS Wealth Strategies Group LLC now owns 331 shares of the company’s stock valued at $56,000 after acquiring an additional 123 shares during the last quarter. Finally, Intact Investment Management Inc. acquired a new stake in shares of Cboe Global Markets during the third quarter valued at $74,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Insider Transactions at Cboe Global Markets

In other 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 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 Securities & Exchange Commission, which can be accessed through this link. In other Cboe Global Markets news, CFO Jill Griebenow sold 1,622 shares of the firm’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 transaction of $346,021.26. Following the completion of the sale, the chief financial officer now owns 8,844 shares in the company, valued at $1,886,690.52. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Christopher A. Isaacson sold 6,000 shares of the firm’s stock in a transaction that occurred 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 sale, the chief operating officer now owns 39,855 shares of the company’s stock, valued at approximately $8,165,890.95. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 7,696 shares of company stock worth $1,591,160 in the last three months. 0.51% of the stock is currently owned by company insiders.

Cboe Global Markets Trading Down 1.5 %

Shares of Cboe Global Markets stock traded down $2.90 during trading hours on Friday, reaching $196.86. The stock had a trading volume of 1,885,825 shares, compared to its average volume of 636,231. The firm has a 50 day simple moving average of $209.13 and a two-hundred day simple moving average of $192.35. The firm has a market capitalization of $20.88 billion, a price-to-earnings ratio of 101.47 and a beta of 0.61. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. 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 released its quarterly earnings data on Friday, November 1st. The company reported $2.22 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $0.03. The company had revenue of $532.00 million for the quarter, compared to the consensus estimate of $530.46 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The company’s quarterly revenue was up 10.7% compared to the same quarter last year. During the same period last year, the business posted $2.06 EPS. As a group, equities research analysts anticipate that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets announced that its Board of Directors has authorized a share repurchase plan on Friday, August 16th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the company to reacquire up to 2.3% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s leadership believes its shares are undervalued.

Cboe Global Markets Dividend Announcement

The company 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 $0.63 dividend. The ex-dividend date is Friday, November 29th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.28%. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

Analyst Ratings Changes

A number of research firms recently commented on CBOE. Barclays decreased their price objective on Cboe Global Markets from $239.00 to $230.00 and set an “overweight” rating on the stock in a research note on Monday, November 4th. Morgan Stanley lowered Cboe Global Markets from an “equal weight” rating to an “underweight” rating and set a $199.00 price objective on the stock. in a research note on Wednesday. Keefe, Bruyette & Woods increased their price objective on Cboe Global Markets from $197.00 to $198.00 and gave the company a “market perform” rating in a research note on Monday, August 5th. JPMorgan Chase & Co. raised Cboe Global Markets from an “underweight” rating to a “neutral” rating and increased their price objective for the company from $168.00 to $195.00 in a research note on Monday, August 5th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Cboe Global Markets from $214.00 to $212.00 and set a “hold” rating on the stock in a research note on Monday, November 4th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $208.58.

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.