Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE – Free Report) by 15.2% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 21,216 shares of the company’s stock after purchasing an additional 2,804 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Cboe Global Markets were worth $3,314,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in the stock. Clear Street Markets LLC increased its stake in Cboe Global Markets by 93.5% in the 1st quarter. Clear Street Markets LLC now owns 207 shares of the company’s stock worth $28,000 after acquiring an additional 100 shares during the last quarter. NBC Securities Inc. bought a new position in Cboe Global Markets in the 3rd quarter worth about $29,000. Global Trust Asset Management LLC bought a new position in Cboe Global Markets in the 3rd quarter worth about $35,000. Massmutual Trust Co. FSB ADV increased its stake in Cboe Global Markets by 68.2% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 296 shares of the company’s stock worth $41,000 after acquiring an additional 120 shares during the last quarter. Finally, Larson Financial Group LLC increased its stake in Cboe Global Markets by 322.6% in the 3rd quarter. Larson Financial Group LLC now owns 262 shares of the company’s stock worth $41,000 after acquiring an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 81.73% of the company’s stock.
Cboe Global Markets Stock Up 0.4 %
CBOE stock opened at $184.28 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 $103.82 and a twelve month high of $139.00. The firm has a market cap of $19.55 billion, a PE ratio of 94.99 and a beta of 0.61. The business has a 50 day moving average of $179.97 and a 200 day moving average of $166.84.
Cboe Global Markets Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 15th. Stockholders of record on Thursday, February 29th will be given a $0.55 dividend. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $2.20 annualized dividend and a dividend yield of 1.19%. Cboe Global Markets’s payout ratio is 98.97%.
Cboe Global Markets announced that its Board of Directors has initiated a share repurchase plan on Thursday, October 26th that permits the company to repurchase $250.00 million in shares. This repurchase authorization permits the company to buy up to 1.4% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board believes its shares are undervalued.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on CBOE. Argus lowered Cboe Global Markets from a “buy” rating to a “hold” rating in a research report on Thursday, November 16th. Oppenheimer increased their price objective on Cboe Global Markets from $201.00 to $206.00 and gave the company an “outperform” rating in a research report on Monday, February 5th. Piper Sandler increased their price objective on Cboe Global Markets from $177.00 to $193.00 and gave the company an “overweight” rating in a research report on Tuesday, November 21st. Citigroup increased their price objective on Cboe Global Markets from $170.00 to $188.00 and gave the company a “neutral” rating in a research report on Friday, January 12th. Finally, Rosenblatt Securities increased their price objective on Cboe Global Markets from $192.00 to $200.00 and gave the company a “buy” rating in a research report on Monday, February 5th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $183.78.
Insider Buying and Selling
In related news, EVP Catherine R. Clay sold 1,300 shares of the business’s stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $179.62, for a total value of $233,506.00. Following the sale, the executive vice president now directly owns 4,214 shares in the company, valued at $756,918.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.51% of the stock is 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.
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