Vise Technologies Inc. Buys 2,699 Shares of Cboe Global Markets, Inc. $CBOE

Vise Technologies Inc. raised its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 147.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,527 shares of the company’s stock after buying an additional 2,699 shares during the period. Vise Technologies Inc.’s holdings in Cboe Global Markets were worth $1,246,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Jones Financial Companies Lllp bought a new stake in shares of Cboe Global Markets during the 2nd quarter worth about $25,000. Keating Financial Advisory Services Inc. bought a new position in shares of Cboe Global Markets in the second quarter valued at approximately $26,000. Clearstead Trust LLC bought a new position in shares of Cboe Global Markets in the second quarter valued at approximately $27,000. NFSG Corp bought a new position in shares of Cboe Global Markets in the first quarter valued at approximately $31,000. Finally, Rosenberg Matthew Hamilton increased its stake in shares of Cboe Global Markets by 11,300.0% during the third quarter. Rosenberg Matthew Hamilton now owns 114 shares of the company’s stock valued at $31,000 after acquiring an additional 113 shares during the period. Institutional investors and hedge funds own 81.73% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on CBOE. Morgan Stanley reissued an “overweight” rating and set a $450.00 target price on shares of Cboe Global Markets in a report on Friday, October 23rd. TD Cowen upped their target price on Cboe Global Markets from $342.00 to $417.00 and gave the stock a “buy” rating in a research report on Monday, November 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a research note on Monday, August 3rd. Loop Capital set a $332.00 price target on Cboe Global Markets in a research report on Wednesday, October 28th. Finally, The Goldman Sachs Group downgraded Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Five equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $363.00.

Insider Buying and Selling

In related news, Director Janet Froetscher sold 937 shares of the stock in a transaction that occurred on Wednesday, August 12th. The shares were 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, 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.

Cboe Global Markets Price Performance

Shares of BATS CBOE opened at $353.27 on Friday. Cboe Global Markets, Inc. has a twelve month low of $227.15 and a twelve month high of $371.18. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $37.47 billion, a price-to-earnings ratio of 182.10 and a beta of 0.61. The firm has a 50-day moving average of $298.63 and a two-hundred day moving average of $293.83.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings data on Friday, October 30th. The company reported $3.63 earnings per share for the quarter, beating the consensus estimate of $3.43 by $0.20. The company had revenue of $712.20 million during the quarter, compared to analyst estimates of $705.22 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter last year, the firm posted $2.67 EPS. As a group, analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be issued a $0.86 dividend. This represents a $3.44 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Monday, November 30th. Cboe Global Markets’s payout ratio is presently 98.97%.

Cboe Global Markets declared that its board has initiated a stock buyback plan on Thursday, October 22nd that authorizes the company to buy back $550 million in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 1.6% of its shares through open market purchases. Share repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

Cboe Global Markets 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.