Hancock Whitney Corp Purchases 537 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

Hancock Whitney Corp boosted its position in Cboe Global Markets, Inc. (BATS:CBOE) by 0.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 107,068 shares of the company’s stock after purchasing an additional 537 shares during the quarter. Hancock Whitney Corp owned about 0.10% of Cboe Global Markets worth $18,208,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Perpetual Ltd purchased a new position in shares of Cboe Global Markets during the first quarter worth about $74,868,000. Allianz Asset Management GmbH grew its stake in Cboe Global Markets by 439.5% in the 4th quarter. Allianz Asset Management GmbH now owns 317,631 shares of the company’s stock worth $56,716,000 after buying an additional 258,753 shares in the last quarter. Los Angeles Capital Management LLC grew its stake in Cboe Global Markets by 66.5% in the 2nd quarter. Los Angeles Capital Management LLC now owns 617,041 shares of the company’s stock worth $104,934,000 after buying an additional 246,442 shares in the last quarter. TD Asset Management Inc increased its holdings in shares of Cboe Global Markets by 36.2% in the 2nd quarter. TD Asset Management Inc now owns 499,995 shares of the company’s stock worth $85,029,000 after buying an additional 132,833 shares during the last quarter. Finally, Bahl & Gaynor Inc. raised its position in shares of Cboe Global Markets by 152.3% during the 1st quarter. Bahl & Gaynor Inc. now owns 176,694 shares of the company’s stock valued at $32,464,000 after buying an additional 106,666 shares in the last quarter. 81.73% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Dave Howson sold 2,500 shares of the company’s stock in a transaction that occurred on Monday, July 22nd. The stock was sold at an average price of $186.67, for a total value of $466,675.00. Following the transaction, the executive vice president now directly owns 15,073 shares of the company’s stock, valued at approximately $2,813,676.91. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, EVP Dave Howson sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, July 22nd. The shares were sold at an average price of $186.67, for a total transaction of $466,675.00. Following the completion of the transaction, the executive vice president now directly owns 15,073 shares of the company’s stock, valued at $2,813,676.91. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Catherine R. Clay sold 600 shares of the firm’s stock in a transaction that occurred on Wednesday, August 7th. The stock was sold at an average price of $203.23, for a total transaction of $121,938.00. Following the completion of the sale, the executive vice president now owns 4,328 shares in the company, valued at approximately $879,579.44. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 18,261 shares of company stock valued at $3,604,822. Insiders own 0.51% of the company’s stock.

Cboe Global Markets Stock Up 0.2 %

Shares of Cboe Global Markets stock opened at $207.44 on Friday. Cboe Global Markets, Inc. has a 1 year low of $103.82 and a 1 year high of $139.00. The firm has a market cap of $22.00 billion, a price-to-earnings ratio of 106.93 and a beta of 0.61. The company has a 50-day moving average of $199.60 and a 200 day moving average of $185.54. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21.

Cboe Global Markets (BATS:CBOE) last released its earnings results on Friday, August 2nd. The company reported $2.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.10 by $0.05. The firm had revenue of $513.80 million during the quarter, compared to analyst estimates of $514.51 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business’s revenue was up 10.0% on a year-over-year basis. During the same period last year, the business earned $1.78 earnings per share. As a group, sell-side analysts anticipate that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets announced that its Board of Directors has approved a share buyback plan on Friday, August 16th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the company to purchase up to 2.3% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s management believes its shares are undervalued.

Cboe Global Markets Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Friday, August 30th were paid a dividend of $0.63 per share. This is a positive change from Cboe Global Markets’s previous quarterly dividend of $0.55. This represents a $2.52 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date was Friday, August 30th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.97%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft increased their target price on Cboe Global Markets from $186.00 to $205.00 and gave the company a “hold” rating in a research note on Thursday, August 15th. Keefe, Bruyette & Woods increased their price objective on Cboe Global Markets from $197.00 to $198.00 and gave the company a “market perform” rating in a research report on Monday, August 5th. JPMorgan Chase & Co. upgraded Cboe Global Markets from an “underweight” rating to a “neutral” rating and boosted their target price for the stock from $168.00 to $195.00 in a research report on Monday, August 5th. Barclays upped their target price on Cboe Global Markets from $194.00 to $218.00 and gave the stock an “overweight” rating in a research note on Monday, August 5th. Finally, 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 note on Monday, August 5th. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $199.64.

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.