Cboe Global Markets, Inc. (BATS:CBOE) Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. cut its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 7.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 6,952 shares of the company’s stock after selling 547 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Cboe Global Markets were worth $1,182,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. FinTrust Capital Advisors LLC grew its holdings in Cboe Global Markets by 170.0% during the first quarter. FinTrust Capital Advisors LLC now owns 135 shares of the company’s stock worth $25,000 after acquiring an additional 85 shares during the period. Optiver Holding B.V. bought a new position in shares of Cboe Global Markets during the 4th quarter valued at about $29,000. ORG Partners LLC acquired a new position in shares of Cboe Global Markets in the 2nd quarter worth approximately $30,000. Redmont Wealth Advisors LLC bought a new stake in shares of Cboe Global Markets in the 1st quarter worth approximately $42,000. Finally, Riverview Trust Co acquired a new stake in Cboe Global Markets during the first quarter valued at approximately $44,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Insider Buying and Selling at Cboe Global Markets

In other news, EVP Catherine R. Clay sold 600 shares of the stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $203.23, for a total transaction of $121,938.00. Following the transaction, the executive vice president now owns 4,328 shares in the company, valued at approximately $879,579.44. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Cboe Global Markets news, EVP Catherine R. Clay sold 600 shares of the business’s stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $203.23, for a total value of $121,938.00. Following the completion of the sale, the executive vice president now owns 4,328 shares of the company’s stock, valued at $879,579.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Dave Howson sold 5,073 shares of the stock in a transaction dated Friday, August 2nd. The shares were sold at an average price of $192.16, for a total value of $974,827.68. Following the transaction, the executive vice president now directly owns 7,573 shares in the company, valued at approximately $1,455,227.68. The disclosure for this sale can be found here. Insiders sold 16,565 shares of company stock worth $3,063,663 over the last ninety days. 0.51% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Oppenheimer lifted their price target on shares of Cboe Global Markets from $199.00 to $209.00 and gave the stock an “outperform” rating in a research report on Monday, August 5th. Keefe, Bruyette & Woods lifted their target price on Cboe Global Markets from $197.00 to $198.00 and gave the stock a “market perform” rating in a report on Monday, August 5th. Piper Sandler reaffirmed an “overweight” rating and set a $210.00 target price (up from $203.00) on shares of Cboe Global Markets in a report on Monday, August 5th. Deutsche Bank Aktiengesellschaft increased their price target on Cboe Global Markets from $186.00 to $205.00 and gave the company a “hold” rating in a research report on Thursday. Finally, Rosenblatt Securities upped their price objective on shares of Cboe Global Markets from $200.00 to $205.00 and gave the company a “buy” rating in a research note on Monday, May 6th. Seven research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, Cboe Global Markets has an average rating of “Hold” and a consensus target price of $199.64.

Cboe Global Markets Price Performance

Shares of BATS:CBOE opened at $202.94 on Monday. The firm has a market cap of $21.52 billion, a price-to-earnings ratio of 104.61 and a beta of 0.61. Cboe Global Markets, Inc. has a 1 year low of $103.82 and a 1 year high of $139.00. 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 business has a fifty day simple moving average of $180.71 and a 200 day simple moving average of $181.86.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings results on Friday, August 2nd. The company reported $2.15 earnings per share for the quarter, topping analysts’ consensus estimates of $2.10 by $0.05. The company had revenue of $513.80 million during the quarter, compared to the consensus estimate of $514.51 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 10.0% on a year-over-year basis. During the same period last year, the business earned $1.78 EPS. As a group, sell-side analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 13th. Investors of record on Friday, August 30th will be given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 1.24%. The ex-dividend date is Friday, August 30th. This is a positive change from Cboe Global Markets’s previous quarterly dividend of $0.55. Cboe Global Markets’s dividend payout ratio (DPR) is presently 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.