American National Bank & Trust Acquires 2,679 Shares of Cboe Global Markets, Inc. $CBOE

American National Bank & Trust increased its stake in Cboe Global Markets, Inc. (BATS:CBOE) by 11,647.8% in the 3rd quarter, Holdings Channel reports. The firm owned 2,702 shares of the company’s stock after purchasing an additional 2,679 shares during the period. American National Bank & Trust’s holdings in Cboe Global Markets were worth $744,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Emerald Investment Advisers LLC acquired a new stake in Cboe Global Markets in the 2nd quarter valued at approximately $3,686,000. Danske Bank A S bought a new stake in shares of Cboe Global Markets in the 2nd quarter worth approximately $658,000. Pacer Advisors Inc. grew its holdings 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 in the last quarter. Bleakley Financial Group LLC acquired a new position in shares of Cboe Global Markets in the first quarter valued at $3,831,000. Finally, Gator Capital Management LLC bought a new stake in Cboe Global Markets in the 4th quarter valued at $2,380,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Cboe Global Markets Trading Up 0.6%

BATS CBOE traded up $1.58 on Wednesday, hitting $279.78. The company’s stock had a trading volume of 293,226 shares, compared to its average volume of 1,117,744. The company’s 50-day moving average is $287.35 and its 200 day moving average is $292.38. 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 cap of $29.67 billion, a PE ratio of 143.72 and a beta of 0.61. Cboe Global Markets, Inc. has a 1-year low of $227.15 and a 1-year high of $371.18.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings results on Friday, July 31st. The company reported $3.56 EPS for the quarter, topping analysts’ consensus estimates of $3.49 by $0.07. The business 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%. The business’s quarterly revenue was up 24.6% on a year-over-year basis. During the same period last year, the company posted $2.46 earnings per share. As a group, analysts predict 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 was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were paid a dividend of $0.86 per share. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.72. The ex-dividend date was Monday, August 31st. This represents a $3.44 dividend on an annualized basis and a yield of 1.2%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. TD Cowen upgraded shares of Cboe Global Markets from a “hold” rating to a “buy” rating and upped their price target for the company from $315.00 to $334.00 in a report on Monday. Loop Capital set a $343.00 target price on Cboe Global Markets in a research note on Wednesday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Cboe Global Markets in a research report on Monday, August 3rd. Piper Sandler cut their price target on shares of 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. Finally, Morgan Stanley restated an “underweight” rating and issued a $258.00 price target on shares of Cboe Global Markets in a research note on Friday, July 10th. Four 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 company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $311.36.

Insider Activity at Cboe Global Markets

In related news, Director Janet Froetscher sold 937 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was 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 SEC, which can be accessed 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.

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.