Landscape Capital Management L.L.C. Invests $720,000 in Cboe Global Markets, Inc. $CBOE

Landscape Capital Management L.L.C. purchased a new stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 2,969 shares of the company’s stock, valued at approximately $720,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Danske Bank A S purchased a new position in shares of Cboe Global Markets during the 2nd quarter worth $658,000. Pacer Advisors Inc. increased its position in shares of Cboe Global Markets by 36.6% during the 4th quarter. Pacer Advisors Inc. now owns 11,639 shares of the company’s stock worth $2,921,000 after purchasing an additional 3,119 shares during the last quarter. Brindle & Bay Financial Advisors LLC purchased a new stake in Cboe Global Markets in the 4th quarter valued at about $735,000. Bleakley Financial Group LLC purchased a new stake in Cboe Global Markets in the 1st quarter valued at about $3,831,000. Finally, Fideuram Asset Management Ireland dac acquired a new position in Cboe Global Markets in the fourth quarter valued at about $995,000. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Price Performance

Cboe Global Markets stock opened at $300.74 on Monday. Cboe Global Markets, Inc. has a twelve month low of $227.15 and a twelve month high of $371.18. The stock’s fifty day simple moving average is $274.55 and its 200-day simple moving average is $292.86. 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 firm has a market capitalization of $31.90 billion, a P/E ratio of 155.02 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings data on Friday, July 31st. The company reported $3.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.49 by $0.07. The business 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 company’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same period last year, the firm earned $2.46 earnings per share. As a group, equities analysts expect 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 declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a $0.86 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $3.44 dividend on an annualized basis and a yield of 1.1%. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.72. Cboe Global Markets’s dividend payout ratio is 98.97%.

Insider Transactions at Cboe Global Markets

In other Cboe Global Markets news, Director Janet P. Froetscher sold 937 shares of the stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $278.95, for a total value of $261,376.15. Following the sale, the director owned 12,870 shares of the company’s stock, valued at $3,590,086.50. This trade represents a 6.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on CBOE shares. TD Cowen lifted their price target on shares of Cboe Global Markets from $304.00 to $315.00 and gave the company a “hold” rating in a research report on Monday, August 3rd. Keefe, Bruyette & Woods upped their price objective 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. Erste Group Bank cut shares of Cboe Global Markets from a “buy” rating to a “hold” rating in a research report on Friday, June 5th. Morgan Stanley reiterated an “underweight” rating and issued a $258.00 target price on shares of Cboe Global Markets in a report on Friday, July 10th. Finally, UBS Group boosted their target price on Cboe Global Markets from $305.00 to $335.00 and gave the company 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $315.30.

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.