Natixis Advisors LLC Sells 1,788 Shares of Cboe Global Markets, Inc. $CBOE

Natixis Advisors LLC trimmed its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 1.8% in the third quarter, HoldingsChannel.com reports. The firm owned 97,693 shares of the company’s stock after selling 1,788 shares during the period. Natixis Advisors LLC’s holdings in Cboe Global Markets were worth $23,959,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Caprock Group LLC acquired a new position in shares of Cboe Global Markets in the 3rd quarter worth approximately $4,156,000. Andra AP fonden lifted its position in shares of Cboe Global Markets by 7.9% during the 3rd quarter. Andra AP fonden now owns 124,200 shares of the company’s stock worth $30,460,000 after buying an additional 9,100 shares during the period. Nordea Investment Management AB boosted its stake in Cboe Global Markets by 3.4% in the 3rd quarter. Nordea Investment Management AB now owns 709,997 shares of the company’s stock valued at $174,304,000 after buying an additional 23,358 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Cboe Global Markets by 557.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 37,649 shares of the company’s stock valued at $9,070,000 after acquiring an additional 31,919 shares during the period. Finally, Peak Financial Advisors LLC acquired a new position in Cboe Global Markets during the third quarter worth $2,074,000. Institutional investors and hedge funds own 82.67% of the company’s stock.

Analyst Upgrades and Downgrades

CBOE has been the subject of a number of analyst reports. Loop Capital set a $317.00 price objective on Cboe Global Markets in a report on Monday, February 9th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $303.00 target price on shares of Cboe Global Markets in a research report on Monday, February 9th. TD Cowen reissued a “hold” rating on shares of Cboe Global Markets in a report on Wednesday, January 14th. Piper Sandler boosted their price target on shares of Cboe Global Markets from $290.00 to $295.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. Finally, Barclays upped their price objective on shares of Cboe Global Markets from $295.00 to $317.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Cboe Global Markets has a consensus rating of “Hold” and an average price target of $279.00.

Insider Transactions at Cboe Global Markets

In related news, CAO Allen Wilkinson sold 248 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $292.79, for a total value of $72,611.92. Following the completion of the sale, the chief accounting officer owned 410 shares of the company’s stock, valued at $120,043.90. This trade represents a 37.69% 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. Also, Director Edward J. Fitzpatrick sold 3,947 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $285.87, for a total transaction of $1,128,328.89. Following the completion of the transaction, the director owned 12,921 shares of the company’s stock, valued at $3,693,726.27. This trade represents a 23.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 5,695 shares of company stock worth $1,628,981. Corporate insiders own 0.22% of the company’s stock.

Cboe Global Markets Price Performance

Shares of CBOE stock opened at $285.52 on Wednesday. Cboe Global Markets, Inc. has a 52 week low of $200.88 and a 52 week high of $305.68. The stock has a market capitalization of $29.88 billion, a PE ratio of 39.55, a PEG ratio of 1.75 and a beta of 0.33. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The stock’s fifty day moving average is $275.42 and its 200-day moving average is $256.11.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings results on Friday, February 6th. The company reported $3.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.95 by $0.11. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.Cboe Global Markets’s revenue for the quarter was up 28.0% on a year-over-year basis. During the same period in the previous year, the business earned $2.10 earnings per share. Equities research analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be paid a $0.72 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.0%. Cboe Global Markets’s payout ratio is currently 27.64%.

Cboe Global Markets Company Profile

Cboe Global Markets (NASDAQ: CBOE) is a global market infrastructure company that operates a family of exchanges and trading venues across listed derivatives, cash equities and foreign exchange. Its product suite includes options and futures markets, multiple U.S. equities exchanges, a derivatives exchange for volatility and other products, proprietary benchmark indexes (notably the Cboe Volatility Index, or VIX), market data and analytics, and trading technology and connectivity services. Cboe also provides market-access and order-routing tools used by broker-dealers, institutional investors and professional traders.

The company traces its roots to the Chicago Board Options Exchange, which was established in 1973 to create a centralized market for listed options; over the years the business expanded through organic growth and strategic acquisitions to become a multi-asset, multi-venue operator.