Benjamin Edwards Inc. Buys 10,338 Shares of Cboe Global Markets, Inc. $CBOE

Benjamin Edwards Inc. lifted its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 26.2% during the second quarter, Holdings Channel reports. The fund owned 49,788 shares of the company’s stock after buying an additional 10,338 shares during the quarter. Benjamin Edwards Inc.’s holdings in Cboe Global Markets were worth $12,086,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of CBOE. BlackRock Inc. acquired a new stake in Cboe Global Markets in the second quarter worth $2,474,799,000. State Street Corp raised its holdings in shares of Cboe Global Markets by 2.1% during the third quarter. State Street Corp now owns 4,996,816 shares of the company’s stock valued at $1,225,469,000 after purchasing an additional 101,349 shares during the period. Geode Capital Management LLC boosted its position in shares of Cboe Global Markets by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 2,987,134 shares of the company’s stock worth $750,940,000 after purchasing an additional 65,108 shares in the last quarter. Morgan Stanley boosted its position in shares of Cboe Global Markets by 6.1% during the 4th quarter. Morgan Stanley now owns 2,691,162 shares of the company’s stock worth $675,482,000 after purchasing an additional 155,333 shares in the last quarter. Finally, Deutsche Bank AG acquired a new stake in shares of Cboe Global Markets in the 2nd quarter valued at about $491,465,000. 81.73% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently commented on the company. Loop Capital set a $380.00 target price on Cboe Global Markets in a research report on Monday, August 3rd. Keefe, Bruyette & Woods boosted their price objective on Cboe Global Markets from $300.00 to $335.00 and gave the company a “market perform” rating in a report on Monday, May 4th. UBS Group upped their target price on Cboe Global Markets from $305.00 to $335.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. TD Cowen increased their target price on Cboe Global Markets from $304.00 to $315.00 and gave the stock a “hold” rating in a report on Monday, August 3rd. Finally, Barclays boosted their price target on shares of Cboe Global Markets from $347.00 to $354.00 and gave the company an “overweight” rating in a research note on Monday, August 3rd. Three analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Cboe Global Markets has a consensus rating of “Hold” and a consensus target price of $315.30.

Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, Director Janet P. Froetscher sold 937 shares of Cboe Global Markets stock in a transaction that occurred on 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 trade represents a 6.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through 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 corporate insiders.

Cboe Global Markets Price Performance

CBOE opened at $310.45 on Monday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The company has a market capitalization of $32.93 billion, a price-to-earnings ratio of 160.03 and a beta of 0.61. The firm’s fifty day moving average price is $279.40 and its two-hundred day moving average price is $294.17. Cboe Global Markets, Inc. has a 1 year low of $227.15 and a 1 year high of $371.18.

Cboe Global Markets (BATS:CBOE) last announced its earnings results on Friday, July 31st. The company reported $3.56 EPS for the quarter, beating the consensus estimate of $3.49 by $0.07. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The company had revenue of $731.60 million during the quarter, compared to the consensus estimate of $716.61 million. During the same quarter in the prior year, the company posted $2.46 earnings per share. The firm’s revenue for the quarter was up 24.6% on a year-over-year basis. As a group, analysts anticipate that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Increases Dividend

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

About Cboe Global Markets

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.