one8zero8 LLC Acquires Shares of 3,470 Cboe Global Markets, Inc. $CBOE

one8zero8 LLC acquired a new position in shares of Cboe Global Markets, Inc. (BATS:CBOE) during the second quarter, HoldingsChannel.com reports. The firm acquired 3,470 shares of the company’s stock, valued at approximately $842,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in 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 buying an additional 100 shares during the period. Jones Financial Companies Lllp increased its position in shares of Cboe Global Markets by 1,854.4% during 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 raised its stake in shares of Cboe Global Markets by 132.4% in the 1st quarter. Empowered Funds LLC now owns 4,803 shares of the company’s stock valued at $1,087,000 after acquiring an additional 2,736 shares during the period. Woodline Partners LP lifted its holdings in shares of Cboe Global Markets by 40.7% in the 1st quarter. Woodline Partners LP now owns 8,845 shares of the company’s stock worth $2,002,000 after acquiring an additional 2,558 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of Cboe Global Markets by 138.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 341 shares of the company’s stock worth $77,000 after acquiring an additional 198 shares during the last quarter. Institutional investors and hedge funds own 81.73% of the company’s stock.

Insider Buying and Selling

In other news, Director Janet P. Froetscher sold 937 shares of the business’s 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 directly owned 12,870 shares in the company, valued at $3,590,086.50. The trade was a 6.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.51% of the company’s stock.

Cboe Global Markets Stock Performance

Shares of CBOE opened at $280.75 on Thursday. The company has a market capitalization of $29.78 billion, a price-to-earnings ratio of 144.72 and a beta of 0.61. Cboe Global Markets, Inc. has a 52-week low of $227.15 and a 52-week high of $371.18. 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 stock has a 50 day moving average price of $274.47 and a 200 day moving average price of $292.40.

Cboe Global Markets (BATS:CBOE) last posted its 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 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 business’s revenue was up 24.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.46 earnings per share. Research analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a $0.86 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $3.44 annualized dividend and a yield of 1.2%. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.72. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on CBOE. TD Cowen lifted their price objective on Cboe Global Markets from $304.00 to $315.00 and gave the company a “hold” rating in a research note on Monday, August 3rd. Piper Sandler lowered their target price on Cboe Global Markets from $355.00 to $320.00 and set an “overweight” rating for the company in a report on Wednesday, July 15th. Erste Group Bank downgraded Cboe Global Markets from a “buy” rating to a “hold” rating in a research report on Friday, June 5th. Keefe, Bruyette & Woods boosted 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. Finally, JPMorgan Chase & Co. increased their price target on shares of Cboe Global Markets from $277.00 to $288.00 and gave the stock an “underweight” rating in a research report on Tuesday, July 28th. Three analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus 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.