2,025,238 Shares in Cboe Global Markets, Inc. $CBOE Bought by Deutsche Bank AG

Deutsche Bank AG bought a new position in shares of Cboe Global Markets, Inc. (BATS:CBOE) during the 2nd quarter, Holdings Channel.com reports. The firm bought 2,025,238 shares of the company’s stock, valued at approximately $491,465,000.

A number of other institutional investors have also recently made changes to their positions in CBOE. Brighton Jones LLC raised its position in shares of Cboe Global Markets by 10.1% during the fourth quarter. Brighton Jones LLC now owns 1,092 shares of the company’s stock worth $213,000 after acquiring an additional 100 shares during 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 acquiring an additional 3,987 shares during the last quarter. Empowered Funds LLC increased its position in Cboe Global Markets by 132.4% during the 1st 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 period. Woodline Partners LP increased its position in Cboe Global Markets by 40.7% during the 1st 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 period. Finally, Geneos Wealth Management Inc. raised its holdings in Cboe Global Markets by 138.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 341 shares of the company’s stock worth $77,000 after purchasing an additional 198 shares during the last quarter. Institutional investors own 81.73% of the company’s stock.

Insider Activity

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 transaction, the director owned 12,870 shares of the company’s stock, valued at $3,590,086.50. This represents a 6.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CBOE. UBS Group boosted their price target on shares of Cboe Global Markets from $305.00 to $335.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Zacks Research downgraded shares of Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 8th. Morgan Stanley reissued an “underweight” rating and set a $258.00 target price on shares of Cboe Global Markets in a research note on Friday, July 10th. Erste Group Bank lowered shares of Cboe Global Markets from a “buy” rating to a “hold” rating in a report on Friday, June 5th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a research report on Monday, August 3rd. Three investment 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. According to data from MarketBeat, Cboe Global Markets presently has an average rating of “Hold” and a consensus target price of $315.30.

Cboe Global Markets Stock Performance

BATS:CBOE opened at $295.00 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. Cboe Global Markets, Inc. has a twelve month low of $227.15 and a twelve month high of $371.18. The company has a fifty day moving average of $274.87 and a 200-day moving average of $292.11. The firm has a market capitalization of $31.29 billion, a P/E ratio of 152.06 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last issued its earnings results on Friday, July 31st. The company reported $3.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.49 by $0.07. The business had revenue of $731.60 million for the quarter, compared to analyst estimates 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 revenue was up 24.6% on a year-over-year basis. During the same period in the prior year, the firm earned $2.46 earnings per share. As a group, sell-side analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a dividend of $0.86 per share. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.72. This represents a $3.44 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Monday, August 31st. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.97%.

Cboe Global Markets Company 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.