one8zero8 LLC Makes New Investment in Cboe Global Markets, Inc. $CBOE

one8zero8 LLC purchased a new stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 3,470 shares of the company’s stock, valued at approximately $842,000.

Other institutional investors have also bought and sold shares of the company. University of Texas Texas AM Investment Management Co. bought a new stake in Cboe Global Markets in the fourth quarter worth about $26,000. Clearstead Trust LLC bought a new position in shares of Cboe Global Markets during the second quarter valued at approximately $27,000. NFSG Corp bought a new position in shares of Cboe Global Markets during the first quarter valued at approximately $31,000. Headlands Technologies LLC purchased a new stake in shares of Cboe Global Markets in the second quarter worth approximately $31,000. Finally, Elyxium Wealth LLC purchased a new stake in shares of Cboe Global Markets in the fourth quarter worth approximately $33,000. Institutional investors own 81.73% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Piper Sandler decreased their target price on Cboe Global Markets from $355.00 to $320.00 and set an “overweight” rating for the company in a research report on Wednesday, July 15th. Loop Capital set a $380.00 price target on shares of Cboe Global Markets in a research note on Monday, August 3rd. Morgan Stanley reissued an “underweight” rating and issued a $258.00 price objective on shares of Cboe Global Markets in a research report on Friday, July 10th. UBS Group upped their target price on shares of Cboe Global Markets from $305.00 to $335.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. Finally, Keefe, Bruyette & Woods raised their target price on shares of Cboe Global Markets from $300.00 to $335.00 and gave the stock a “market perform” rating in a research report on Monday, May 4th. Three equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $315.30.

Cboe Global Markets Stock Performance

CBOE stock opened at $280.75 on Thursday. Cboe Global Markets, Inc. has a one year low of $227.15 and a one year high of $371.18. The firm has a market cap of $29.78 billion, a price-to-earnings ratio of 144.72 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. The firm has a 50-day simple moving average of $274.47 and a two-hundred day simple moving average of $292.40.

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

Cboe Global Markets Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued 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 yield of 1.2%. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

Insider Transactions at Cboe Global Markets

In other news, Director Janet P. Froetscher sold 937 shares of the stock in a transaction 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 sale, the director owned 12,870 shares in the company, valued at $3,590,086.50. This represents a 6.79% decrease in their ownership of the stock. The transaction was disclosed in a legal 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. Corporate insiders own 0.51% of the company’s stock.

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.