35,467 Shares in Cboe Global Markets, Inc. $CBOE Purchased by Daiichi Life Insurance Co. Ltd.

Daiichi Life Insurance Co. Ltd. bought a new position in shares of Cboe Global Markets, Inc. (BATS:CBOE) during the 2nd quarter, HoldingsChannel reports. The firm bought 35,467 shares of the company’s stock, valued at approximately $8,607,000.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in Cboe Global Markets by 10.1% during the fourth quarter. Brighton Jones LLC now owns 1,092 shares of the company’s stock valued at $213,000 after buying an additional 100 shares during the period. Jones Financial Companies Lllp lifted its holdings in Cboe Global Markets by 1,854.4% during the first quarter. Jones Financial Companies Lllp now owns 4,202 shares of the company’s stock worth $951,000 after buying an additional 3,987 shares during the period. Empowered Funds LLC boosted its position in Cboe Global Markets by 132.4% during the 1st quarter. Empowered Funds LLC now owns 4,803 shares of the company’s stock valued at $1,087,000 after acquiring an additional 2,736 shares in the last quarter. Woodline Partners LP boosted its position in Cboe Global Markets by 40.7% during the 1st quarter. Woodline Partners LP now owns 8,845 shares of the company’s stock valued at $2,002,000 after acquiring an additional 2,558 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Cboe Global Markets by 138.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 341 shares of the company’s stock valued at $77,000 after acquiring an additional 198 shares during the period. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Loop Capital set a $380.00 price objective on Cboe Global Markets in a research note on Monday, August 3rd. Keefe, Bruyette & Woods boosted 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 report on Monday, May 4th. Barclays increased 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 report on Monday, August 3rd. Piper Sandler lowered their price target on shares of Cboe Global Markets from $355.00 to $320.00 and set an “overweight” rating on the stock in a report on Wednesday, July 15th. Finally, UBS Group lifted their price objective on shares of Cboe Global Markets from $305.00 to $335.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Three research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $315.30.

Insider Buying and Selling at Cboe Global Markets

In other news, Director Janet P. Froetscher sold 937 shares of the company’s stock in a transaction dated 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 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 SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.51% of the company’s stock.

Cboe Global Markets Stock Up 2.3%

Cboe Global Markets stock opened at $300.74 on Friday. 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 stock has a market capitalization of $31.90 billion, a price-to-earnings ratio of 155.02 and a beta of 0.61. Cboe Global Markets, Inc. has a 1-year low of $227.15 and a 1-year high of $371.18. The business has a fifty day moving average price of $274.55 and a 200-day moving average price of $292.66.

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. Equities research 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. Shareholders 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. This represents a $3.44 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Monday, August 31st. Cboe Global Markets’s dividend 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.