Cboe Global Markets, Inc. $CBOE Stock Holdings Raised by Signaturefd LLC

Signaturefd LLC boosted its stake in Cboe Global Markets, Inc. (BATS:CBOE) by 436.6% in the third quarter, HoldingsChannel reports. The firm owned 7,201 shares of the company’s stock after buying an additional 5,859 shares during the period. Signaturefd LLC’s holdings in Cboe Global Markets were worth $1,982,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Jones Financial Companies Lllp bought a new position in shares of Cboe Global Markets during the 2nd quarter worth about $25,000. Keating Financial Advisory Services Inc. acquired a new stake in shares of Cboe Global Markets in the 2nd quarter valued at about $26,000. NFSG Corp bought a new stake in Cboe Global Markets in the 1st quarter valued at about $31,000. Clearstead Trust LLC bought a new stake in Cboe Global Markets in the 2nd quarter valued at about $27,000. Finally, Rosenberg Matthew Hamilton increased its position in Cboe Global Markets by 11,300.0% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 114 shares of the company’s stock valued at $31,000 after buying an additional 113 shares in the last quarter. 81.73% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Cboe Global Markets news, Director Janet 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Morgan Stanley reaffirmed an “overweight” rating and set a $450.00 price target on shares of Cboe Global Markets in a research note on Friday. Wells Fargo & Company raised their price objective on Cboe Global Markets from $301.00 to $309.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 14th. The Goldman Sachs Group upgraded Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a report on Monday, October 12th. Zacks Research downgraded Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 8th. Finally, TD Cowen upped their target price on Cboe Global Markets from $334.00 to $342.00 and gave the stock a “buy” rating in a research report on Monday, October 12th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Cboe Global Markets has a consensus rating of “Hold” and a consensus target price of $330.27.

Cboe Global Markets Price Performance

Cboe Global Markets stock opened at $335.25 on Tuesday. The business’s 50 day simple moving average is $291.93 and its 200 day simple moving average is $290.59. Cboe Global Markets, Inc. has a 12 month low of $227.15 and a 12 month high of $371.18. The company has a market cap of $35.56 billion, a price-to-earnings ratio of 172.81 and a beta of 0.61. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings results on Friday, July 31st. The company reported $3.56 EPS for the quarter, beating analysts’ consensus estimates of $3.49 by $0.07. The firm had revenue of $731.60 million for the quarter, compared to analysts’ expectations of $716.61 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The business’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.46 EPS. Sell-side analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets declared that its board has approved a stock buyback program on Thursday, October 22nd that allows the company to repurchase $550 million in shares. This repurchase authorization allows the company to reacquire up to 1.6% of its stock through open market purchases. Share repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.

Cboe Global Markets Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be issued a dividend of $0.86 per share. The ex-dividend date of this dividend is Monday, November 30th. This represents a $3.44 annualized dividend and a yield of 1.0%. 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.