Strategic Global Advisors LLC Buys 5,321 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

Strategic Global Advisors LLC increased its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 15.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,889 shares of the company’s stock after buying an additional 5,321 shares during the quarter. Strategic Global Advisors LLC’s holdings in Cboe Global Markets were worth $5,355,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. BI Asset Management Fondsmaeglerselskab A S boosted its stake in shares of Cboe Global Markets by 5.9% in the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 1,311 shares of the company’s stock valued at $176,000 after purchasing an additional 73 shares in the last quarter. Czech National Bank increased its holdings in Cboe Global Markets by 0.6% during the 1st quarter. Czech National Bank now owns 12,496 shares of the company’s stock valued at $1,677,000 after purchasing an additional 79 shares in the last quarter. Inspire Investing LLC increased its stake in shares of Cboe Global Markets by 2.9% in the first quarter. Inspire Investing LLC now owns 2,805 shares of the company’s stock valued at $377,000 after buying an additional 79 shares in the last quarter. J2 Capital Management Inc lifted its position in shares of Cboe Global Markets by 3.7% during the first quarter. J2 Capital Management Inc now owns 2,599 shares of the company’s stock worth $349,000 after purchasing an additional 93 shares in the last quarter. Finally, Avantax Advisory Services Inc. boosted its position in Cboe Global Markets by 1.1% in the 1st quarter. Avantax Advisory Services Inc. now owns 8,871 shares of the company’s stock valued at $1,191,000 after buying an additional 100 shares during the last quarter. 81.73% of the stock is currently owned by institutional investors.

Insider Activity at Cboe Global Markets

In related news, COO Christopher A. Isaacson sold 3,850 shares of Cboe Global Markets stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $149.08, for a total value of $573,958.00. Following the sale, the chief operating officer now owns 54,599 shares of the company’s stock, valued at $8,139,618.92. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, EVP Dave Howson sold 8,000 shares of the company’s stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of $148.42, for a total value of $1,187,360.00. Following the sale, the executive vice president now directly owns 17,168 shares of the company’s stock, valued at approximately $2,548,074.56. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, COO Christopher A. Isaacson sold 3,850 shares of the firm’s stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $149.08, for a total transaction of $573,958.00. Following the completion of the sale, the chief operating officer now owns 54,599 shares of the company’s stock, valued at $8,139,618.92. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 24,901 shares of company stock valued at $3,580,340. Corporate insiders own 0.51% of the company’s stock.

Analyst Ratings Changes

CBOE has been the topic of several research reports. Argus upped their price target on Cboe Global Markets from $148.00 to $161.00 and gave the company a “buy” rating in a research note on Thursday, August 17th. Oppenheimer lifted their price target on shares of Cboe Global Markets from $161.00 to $162.00 and gave the stock an “outperform” rating in a research report on Monday, August 7th. StockNews.com initiated coverage on shares of Cboe Global Markets in a report on Thursday, May 18th. They issued a “hold” rating on the stock. Rosenblatt Securities increased their price target on Cboe Global Markets from $171.00 to $172.00 and gave the company a “buy” rating in a research note on Monday, August 7th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Cboe Global Markets from $148.00 to $155.00 and gave the stock a “buy” rating in a research note on Monday, August 7th. One analyst has rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, Cboe Global Markets currently has a consensus rating of “Hold” and a consensus target price of $148.91.

Cboe Global Markets Stock Up 1.0 %

Shares of CBOE stock traded up $1.56 on Tuesday, hitting $154.62. 379,588 shares of the stock were exchanged, compared to its average volume of 636,231. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $16.40 billion, a P/E ratio of 79.70 and a beta of 0.61. Cboe Global Markets, Inc. has a fifty-two week low of $103.82 and a fifty-two week high of $139.00. The business has a 50-day moving average of $145.22 and a 200 day moving average of $139.76.

Cboe Global Markets (BATS:CBOE) last released its earnings results on Friday, August 4th. The company reported $1.78 EPS for the quarter, beating the consensus estimate of $1.77 by $0.01. The firm had revenue of $467.10 million for the quarter, compared to analysts’ expectations of $469.31 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The business’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.67 EPS. Equities analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Thursday, August 31st will be issued a dividend of $0.55 per share. This is a boost from Cboe Global Markets’s previous quarterly dividend of $0.50. The ex-dividend date is Wednesday, August 30th. This represents a $2.20 annualized dividend and a yield of 1.42%. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

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.