7,992 Shares in Cboe Global Markets, Inc. (BATS:CBOE) Acquired by XTX Topco Ltd

XTX Topco Ltd purchased a new position in shares of Cboe Global Markets, Inc. (BATS:CBOE) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 7,992 shares of the company’s stock, valued at approximately $1,359,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Accuvest Global Advisors bought a new position in shares of Cboe Global Markets in the fourth quarter valued at approximately $345,000. Hilltop Holdings Inc. lifted its holdings in shares of Cboe Global Markets by 1.8% in the fourth quarter. Hilltop Holdings Inc. now owns 16,715 shares of the company’s stock valued at $2,985,000 after buying an additional 298 shares during the period. National Bank of Canada FI lifted its holdings in shares of Cboe Global Markets by 18.4% in the second quarter. National Bank of Canada FI now owns 35,069 shares of the company’s stock valued at $6,026,000 after buying an additional 5,458 shares during the period. Nordea Investment Management AB grew its holdings in Cboe Global Markets by 15.2% during the first quarter. Nordea Investment Management AB now owns 422,373 shares of the company’s stock worth $76,935,000 after acquiring an additional 55,859 shares during the period. Finally, Cim LLC acquired a new position in Cboe Global Markets during the fourth quarter worth about $1,138,000. Institutional investors own 81.73% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Dave Howson sold 2,500 shares of the business’s stock in a transaction on Monday, July 22nd. The shares were sold at an average price of $186.67, for a total value of $466,675.00. Following the completion of the sale, the executive vice president now directly owns 15,073 shares in the company, valued at $2,813,676.91. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, EVP Dave Howson sold 2,500 shares of the stock in a transaction that occurred on Monday, July 22nd. The stock was sold at an average price of $186.67, for a total transaction of $466,675.00. Following the completion of the sale, the executive vice president now owns 15,073 shares in the company, valued at approximately $2,813,676.91. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Jill Griebenow sold 1,622 shares of Cboe Global Markets stock in a transaction that occurred on Wednesday, September 4th. The stock was sold at an average price of $213.33, for a total value of $346,021.26. Following the completion of the transaction, the chief financial officer now directly owns 8,844 shares in the company, valued at $1,886,690.52. The disclosure for this sale can be found here. Insiders sold 18,261 shares of company stock valued at $3,604,822 over the last 90 days. 0.51% of the stock is currently owned by company insiders.

Cboe Global Markets Price Performance

BATS CBOE opened at $207.44 on Friday. 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 stock has a market capitalization of $22.00 billion, a PE ratio of 106.93 and a beta of 0.61. Cboe Global Markets, Inc. has a 12-month low of $103.82 and a 12-month high of $139.00. The company has a 50 day moving average price of $199.60 and a two-hundred day moving average price of $185.54.

Cboe Global Markets (BATS:CBOE) last released its quarterly earnings data 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 business 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%. Cboe Global Markets’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.78 EPS. As a group, equities analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets declared that its board has initiated a stock repurchase program on Friday, August 16th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the company to reacquire up to 2.3% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.

Cboe Global Markets Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Friday, August 30th were issued a $0.63 dividend. This is a positive change from Cboe Global Markets’s previous quarterly dividend of $0.55. This represents a $2.52 annualized dividend and a yield of 1.21%. The ex-dividend date of this dividend was Friday, August 30th. Cboe Global Markets’s payout ratio is 98.97%.

Analyst Ratings Changes

Several brokerages have recently issued reports on CBOE. JPMorgan Chase & Co. raised shares of Cboe Global Markets from an “underweight” rating to a “neutral” rating and lifted their price objective for the stock from $168.00 to $195.00 in a research note 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. Barclays boosted their price objective on Cboe Global Markets from $194.00 to $218.00 and gave the stock an “overweight” rating in a report on Monday, August 5th. Piper Sandler reaffirmed an “overweight” rating and issued a $210.00 price objective (up previously from $203.00) on shares of Cboe Global Markets in a research note on Monday, August 5th. Finally, Oppenheimer boosted their target price on shares of Cboe Global Markets from $199.00 to $209.00 and gave the company an “outperform” rating in a research note on Monday, August 5th. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $199.64.

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.