Vise Technologies Inc. Acquires Shares of 1,828 Cboe Global Markets, Inc. $CBOE

Vise Technologies Inc. bought a new position in Cboe Global Markets, Inc. (BATS:CBOE) during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,828 shares of the company’s stock, valued at approximately $444,000.

Several other institutional investors also recently modified their holdings of the business. University of Texas Texas AM Investment Management Co. bought a new stake in Cboe Global Markets during the fourth quarter worth $26,000. Clearstead Trust LLC bought a new position in Cboe Global Markets in the 2nd quarter valued at $27,000. NFSG Corp purchased a new stake in shares of Cboe Global Markets during the 1st quarter valued at $31,000. Headlands Technologies LLC purchased a new stake in shares of Cboe Global Markets during the 2nd quarter valued at $31,000. Finally, Elyxium Wealth LLC bought a new stake in shares of Cboe Global Markets during the 4th quarter worth $33,000. 81.73% of the stock is owned by institutional investors.

Cboe Global Markets Price Performance

Shares of BATS:CBOE opened at $308.09 on Tuesday. 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 firm has a market capitalization of $32.68 billion, a PE ratio of 158.81 and a beta of 0.61. Cboe Global Markets, Inc. has a twelve month low of $227.15 and a twelve month high of $371.18. The company has a 50-day moving average price of $274.86 and a two-hundred day moving average price of $293.14.

Cboe Global Markets (BATS:CBOE) last posted its earnings results on Friday, July 31st. The company reported $3.56 earnings per share for the quarter, topping the consensus estimate of $3.49 by $0.07. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The firm had revenue of $731.60 million during the quarter, compared to the consensus estimate of $716.61 million. During the same quarter last year, the company earned $2.46 earnings per share. The company’s revenue was up 24.6% on a year-over-year basis. Equities analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a dividend of $0.86 per share. This represents a $3.44 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Monday, August 31st. This is a positive change from Cboe Global Markets’s previous quarterly dividend of $0.72. Cboe Global Markets’s payout ratio is presently 98.97%.

Insider Activity

In other news, Director Janet P. Froetscher sold 937 shares of Cboe Global Markets stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $278.95, for a total value of $261,376.15. Following the completion of the transaction, the director directly owned 12,870 shares in the company, valued at approximately $3,590,086.50. The trade was a 6.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through 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.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CBOE. Loop Capital set a $380.00 price target on shares of Cboe Global Markets in a report on Monday, August 3rd. Keefe, Bruyette & Woods lifted 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 research report on Monday, May 4th. JPMorgan Chase & Co. increased their target price on shares of Cboe Global Markets from $277.00 to $288.00 and gave the company an “underweight” rating in a research report on Tuesday, July 28th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a report on Monday, August 3rd. Finally, Barclays upped their price objective on Cboe Global Markets from $347.00 to $354.00 and gave the company an “overweight” rating in a research note on Monday, August 3rd. Three equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Cboe Global Markets currently has an average rating of “Hold” and a consensus target price of $315.30.

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.