Cboe Global Markets, Inc. $CBOE Stock Acquired by American National Bank & Trust

American National Bank & Trust raised its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 11,647.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 2,702 shares of the company’s stock after acquiring an additional 2,679 shares during the period. American National Bank & Trust’s holdings in Cboe Global Markets were worth $744,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp acquired a new position in Cboe Global Markets during the second quarter worth approximately $25,000. Keating Financial Advisory Services Inc. acquired a new position in shares of Cboe Global Markets in the 2nd quarter valued at about $26,000. NFSG Corp acquired a new stake in Cboe Global Markets during the 1st quarter worth approximately $31,000. Clearstead Trust LLC acquired a new position in Cboe Global Markets during the second quarter valued at approximately $27,000. Finally, Rosenberg Matthew Hamilton boosted its position in Cboe Global Markets by 11,300.0% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 114 shares of the company’s stock worth $31,000 after purchasing an additional 113 shares during the period. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CBOE has been the topic of several analyst reports. JPMorgan Chase & Co. raised their target price on Cboe Global Markets from $277.00 to $288.00 and gave the company an “underweight” rating in a report on Tuesday, July 28th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a research report on Monday, August 3rd. Zacks Research lowered Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 8th. Wells Fargo & Company started coverage on shares of Cboe Global Markets in a research note on Friday, October 2nd. They issued an “equal weight” rating and a $301.00 price target for the company. Finally, Loop Capital set a $343.00 target price on shares of Cboe Global Markets in a research report on Wednesday. Four analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $311.36.

Cboe Global Markets Stock Performance

Shares of BATS:CBOE traded up $1.58 during trading on Wednesday, hitting $279.78. 293,226 shares of the company traded hands, compared to its average volume of 1,117,744. The stock has a market capitalization of $29.67 billion, a price-to-earnings ratio of 143.72 and a beta of 0.61. Cboe Global Markets, Inc. has a one year low of $227.15 and a one year high of $371.18. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. The business’s fifty day moving average is $287.35 and its 200-day moving average is $292.38.

Cboe Global Markets (BATS:CBOE) last announced its quarterly 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. The company had revenue of $731.60 million for the quarter, compared to analyst estimates of $716.61 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. Cboe Global Markets’s revenue was up 24.6% compared to the same quarter last year. During the same quarter last year, the business earned $2.46 earnings per share. As a group, equities analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st were given a dividend of $0.86 per share. This is a boost from Cboe Global Markets’s previous quarterly dividend of $0.72. The ex-dividend date was Monday, August 31st. This represents a $3.44 dividend on an annualized basis and a dividend yield of 1.2%. Cboe Global Markets’s payout ratio is currently 98.97%.

Insider Buying and Selling at Cboe Global Markets

In other news, Director Janet Froetscher sold 937 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $278.95, for a total transaction of $261,376.15. Following the completion of the sale, the director directly owned 12,870 shares of the company’s stock, valued at $3,590,086.50. This represents a 6.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at 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.

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.