5,100 Shares in Cboe Global Markets, Inc. $CBOE Bought by Primecap Management Co. CA

Primecap Management Co. CA bought a new stake in Cboe Global Markets, Inc. (BATS:CBOE) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,100 shares of the company’s stock, valued at approximately $1,238,000.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC raised its position in shares of Cboe Global Markets by 10.1% during the 4th quarter. Brighton Jones LLC now owns 1,092 shares of the company’s stock worth $213,000 after acquiring an additional 100 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in Cboe Global Markets by 1,854.4% in the first quarter. Jones Financial Companies Lllp now owns 4,202 shares of the company’s stock valued at $951,000 after purchasing an additional 3,987 shares in the last quarter. Empowered Funds LLC increased its stake in Cboe Global Markets by 132.4% in the first quarter. Empowered Funds LLC now owns 4,803 shares of the company’s stock valued at $1,087,000 after purchasing an additional 2,736 shares during the last quarter. Woodline Partners LP increased its stake in Cboe Global Markets by 40.7% in the first quarter. Woodline Partners LP now owns 8,845 shares of the company’s stock valued at $2,002,000 after purchasing an additional 2,558 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in Cboe Global Markets by 138.5% during the first quarter. Geneos Wealth Management Inc. now owns 341 shares of the company’s stock worth $77,000 after purchasing an additional 198 shares in the last quarter. 81.73% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Cboe Global Markets

In other news, Director Janet P. Froetscher sold 937 shares of the 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 completion of the sale, the director owned 12,870 shares in the company, valued at approximately $3,590,086.50. This represents a 6.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.51% of the company’s stock.

Wall Street Analyst Weigh In

CBOE has been the subject of several recent analyst reports. TD Cowen boosted their price objective on shares of Cboe Global Markets from $304.00 to $315.00 and gave the stock a “hold” rating in a research report on Monday, August 3rd. Keefe, Bruyette & Woods lifted their price target on shares of Cboe Global Markets from $300.00 to $335.00 and gave the stock a “market perform” rating in a research note on Monday, May 4th. UBS Group boosted their price target on shares of Cboe Global Markets from $305.00 to $335.00 and gave the company a “neutral” rating in a research report on Monday, May 4th. JPMorgan Chase & Co. raised their price objective on Cboe Global Markets from $277.00 to $288.00 and gave the stock an “underweight” rating in a report on Tuesday, July 28th. Finally, Piper Sandler cut their target price on Cboe Global Markets from $355.00 to $320.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 15th. Three investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Cboe Global Markets currently has an average rating of “Hold” and a consensus target price of $315.30.

Cboe Global Markets Stock Performance

Shares of Cboe Global Markets stock opened at $312.19 on Thursday. The firm’s fifty day simple moving average is $276.88 and its 200-day simple moving average is $293.67. The stock has a market capitalization of $33.11 billion, a price-to-earnings ratio of 160.92 and a beta of 0.61. Cboe Global Markets, Inc. has a 12 month low of $227.15 and a 12 month high of $371.18. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings results on Friday, July 31st. The company reported $3.56 earnings per share for the quarter, topping analysts’ consensus estimates of $3.49 by $0.07. The firm had revenue of $731.60 million during the quarter, compared to analysts’ expectations of $716.61 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. Cboe Global Markets’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.46 EPS. As a group, equities analysts forecast that Cboe Global Markets, Inc. will post 6.41 earnings per share 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. Stockholders of record on Monday, August 31st will be issued a $0.86 dividend. 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. This represents a $3.44 dividend on an annualized basis and a dividend yield of 1.1%. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

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.