26,227 Cboe Global Markets, Inc. $CBOE Shares Acquired by OLD Second National Bank of Aurora

OLD Second National Bank of Aurora increased its stake in Cboe Global Markets, Inc. (BATS:CBOE) by 5,245.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26,727 shares of the company’s stock after purchasing an additional 26,227 shares during the period. Cboe Global Markets makes up 1.5% of OLD Second National Bank of Aurora’s holdings, making the stock its 20th biggest holding. OLD Second National Bank of Aurora’s holdings in Cboe Global Markets were worth $7,358,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Jones Financial Companies Lllp bought a new position in Cboe Global Markets in the second quarter valued at about $25,000. Keating Financial Advisory Services Inc. bought a new position in shares of Cboe Global Markets in the second quarter worth about $26,000. NFSG Corp acquired a new stake in shares of Cboe Global Markets in the 1st quarter valued at approximately $31,000. Clearstead Trust LLC acquired a new stake in shares of Cboe Global Markets in the 2nd quarter valued at approximately $27,000. Finally, Rosenberg Matthew Hamilton boosted its stake in shares of Cboe Global Markets by 11,300.0% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 114 shares of the company’s stock valued at $31,000 after purchasing an additional 113 shares in the last quarter. Institutional investors and hedge funds own 81.73% of the company’s stock.

Wall Street Analyst Weigh In

CBOE has been the topic of several research reports. JPMorgan Chase & Co. lifted their price target on shares of Cboe Global Markets from $277.00 to $288.00 and gave the company an “underweight” rating in a report on Tuesday, July 28th. Barclays dropped their price objective on shares of Cboe Global Markets from $354.00 to $343.00 and set an “overweight” rating for the company in a research note on Wednesday, October 7th. Loop Capital set a $343.00 price objective on Cboe Global Markets in a report on Wednesday, October 7th. TD Cowen boosted their price objective on Cboe Global Markets from $334.00 to $342.00 and gave the stock a “buy” rating in a research report on Monday, October 12th. Finally, Morgan Stanley raised Cboe Global Markets from an “underweight” rating to an “overweight” rating and upped their target price for the stock from $258.00 to $358.00 in a report on Friday, October 9th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $321.91.

Insider Activity at Cboe Global Markets

In related news, Director Janet Froetscher sold 937 shares of Cboe Global Markets stock in a transaction that occurred 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 transaction, the director directly owned 12,870 shares of the company’s stock, valued at $3,590,086.50. The trade was a 6.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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.

Cboe Global Markets Stock Up 2.8%

Shares of CBOE opened at $327.72 on Friday. The company has a market capitalization of $34.76 billion, a PE ratio of 168.93 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 stock’s 50-day moving average price is $290.30 and its two-hundred day moving average price is $294.32. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60.

Cboe Global Markets (BATS:CBOE) last released its quarterly earnings results on Friday, July 31st. The company reported $3.56 EPS for the quarter, beating analysts’ consensus estimates of $3.49 by $0.07. The firm had revenue of $731.60 million for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.46 EPS. On average, analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be given a dividend of $0.86 per share. This represents a $3.44 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Monday, November 30th. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

Cboe Global Markets declared that its board has initiated a stock repurchase program on Thursday, October 22nd that permits the company to repurchase $550.00 million in outstanding shares. This buyback authorization permits the company to buy up to 1.6% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s management believes its shares are undervalued.

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.