Creative Planning Sells 707 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

Creative Planning lessened its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOEFree Report) by 15.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 3,890 shares of the company’s stock after selling 707 shares during the period. Creative Planning’s holdings in Cboe Global Markets were worth $537,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Federated Hermes Inc. lifted its stake in shares of Cboe Global Markets by 4.0% during the first quarter. Federated Hermes Inc. now owns 65,561 shares of the company’s stock valued at $8,801,000 after acquiring an additional 2,495 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its stake in Cboe Global Markets by 3.5% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 81,950 shares of the company’s stock valued at $11,001,000 after buying an additional 2,756 shares during the period. Ossiam lifted its stake in Cboe Global Markets by 262.2% in the first quarter. Ossiam now owns 24,963 shares of the company’s stock valued at $3,351,000 after buying an additional 18,071 shares during the period. BI Asset Management Fondsmaeglerselskab A S lifted its stake in Cboe Global Markets by 5.9% in the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 1,311 shares of the company’s stock valued at $176,000 after buying an additional 73 shares during the period. Finally, KBC Group NV lifted its stake in Cboe Global Markets by 337.5% in the first quarter. KBC Group NV now owns 49,963 shares of the company’s stock valued at $6,707,000 after buying an additional 38,542 shares during the period. Institutional investors own 81.73% of the company’s stock.

Insider Activity

In other news, COO Christopher A. Isaacson sold 3,850 shares of the 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 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 sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, Director Jill R. Goodman sold 5,051 shares of the stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $144.95, for a total value of $732,142.45. Following the completion of the sale, the director now owns 12,936 shares of the company’s stock, valued at $1,875,073.20. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Christopher A. Isaacson sold 3,850 shares of the stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $149.08, for a total value of $573,958.00. Following the completion of the sale, the chief operating officer now directly owns 54,599 shares of the company’s stock, valued at approximately $8,139,618.92. The disclosure for this sale can be found here. Over the last quarter, insiders sold 16,901 shares of company stock valued at $2,493,460. Company insiders own 0.51% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on CBOE shares. Piper Sandler increased their target price on Cboe Global Markets from $160.00 to $174.00 and gave the company an “overweight” rating in a research note on Friday, September 29th. Argus raised their price target on Cboe Global Markets from $148.00 to $161.00 and gave the stock a “buy” rating in a research report on Thursday, August 17th. UBS Group increased their price objective on Cboe Global Markets from $150.00 to $165.00 and gave the stock a “neutral” rating in a report on Thursday, October 5th. Oppenheimer boosted their target price on Cboe Global Markets from $161.00 to $162.00 and gave the company an “outperform” rating in a research note on Monday, August 7th. Finally, Bank of America boosted their target price on Cboe Global Markets from $168.00 to $173.00 in a research note on Tuesday, October 3rd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $160.00.

Read Our Latest Report on CBOE

Cboe Global Markets Price Performance

Shares of CBOE stock opened at $163.70 on Thursday. Cboe Global Markets, Inc. has a twelve month low of $103.82 and a twelve month high of $139.00. The business has a fifty day simple moving average of $154.24 and a 200 day simple moving average of $143.66. 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 company has a market cap of $17.36 billion, a P/E ratio of 84.38 and a beta of 0.61.

Cboe Global Markets (BATS:CBOEGet Free Report) last issued its earnings results on Friday, August 4th. The company reported $1.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.77 by $0.01. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The business had revenue of $467.10 million during the quarter, compared to analysts’ expectations of $469.31 million. During the same quarter in the prior year, the firm earned $1.67 EPS. The business’s revenue for the quarter was up 10.1% compared to the same quarter last year. On average, sell-side analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Thursday, August 31st were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date of this dividend was Wednesday, August 30th. This is a boost from Cboe Global Markets’s previous quarterly dividend of $0.50. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Cboe Global Markets Profile

(Free Report)

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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Institutional Ownership by Quarter for Cboe Global Markets (BATS:CBOE)

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