Motley Fool Asset Management LLC Buys 99 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

Motley Fool Asset Management LLC grew its stake in Cboe Global Markets, Inc. (BATS:CBOE) by 5.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,037 shares of the company’s stock after purchasing an additional 99 shares during the period. Motley Fool Asset Management LLC’s holdings in Cboe Global Markets were worth $374,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of CBOE. FinTrust Capital Advisors LLC lifted its stake in shares of Cboe Global Markets by 170.0% in the 1st quarter. FinTrust Capital Advisors LLC now owns 135 shares of the company’s stock valued at $25,000 after purchasing an additional 85 shares during the last quarter. Optiver Holding B.V. bought a new stake in shares of Cboe Global Markets in the 4th quarter valued at approximately $29,000. Farmers & Merchants Trust Co of Chambersburg PA bought a new stake in shares of Cboe Global Markets in the 4th quarter valued at approximately $30,000. Allworth Financial LP lifted its stake in shares of Cboe Global Markets by 75.3% in the 4th quarter. Allworth Financial LP now owns 170 shares of the company’s stock valued at $30,000 after purchasing an additional 73 shares during the last quarter. Finally, ORG Partners LLC bought a new stake in shares of Cboe Global Markets in the 4th quarter valued at approximately $31,000. 81.73% of the stock is owned by institutional investors.

Insider Activity

In other news, EVP Catherine R. Clay sold 1,100 shares of Cboe Global Markets stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $185.06, for a total value of $203,566.00. Following the transaction, the executive vice president now directly owns 4,656 shares in the company, valued at approximately $861,639.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In related news, EVP Dave Howson sold 2,500 shares of the business’s stock in a transaction 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 transaction, the executive vice president now directly owns 15,073 shares in the company, valued at approximately $2,813,676.91. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Catherine R. Clay sold 1,100 shares of the business’s stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $185.06, for a total value of $203,566.00. Following the transaction, the executive vice president now owns 4,656 shares in the company, valued at $861,639.36. The disclosure for this sale can be found here. In the last three months, insiders have sold 11,992 shares of company stock worth $2,170,463. 0.51% of the stock is currently owned by company insiders.

Cboe Global Markets Stock Down 1.9 %

BATS CBOE traded down $3.60 on Wednesday, reaching $183.45. 835,890 shares of the stock traded hands, compared to its average volume of 636,231. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. The company has a fifty day moving average price of $175.14 and a 200-day moving average price of $180.69. The company has a market cap of $19.46 billion, a price-to-earnings ratio of 94.56 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.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings results on Friday, May 3rd. The company reported $2.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.04 by $0.11. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The business had revenue of $502.10 million for the quarter, compared to the consensus estimate of $504.80 million. During the same period last year, the business posted $1.90 EPS. The business’s revenue was up 6.5% compared to the same quarter last year. As a group, research analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 14th. Stockholders of record on Friday, May 31st were issued a $0.55 dividend. The ex-dividend date of this dividend was Friday, May 31st. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.20%. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Analyst Upgrades and Downgrades

CBOE has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods reissued a “market perform” rating and set a $197.00 price target on shares of Cboe Global Markets in a research note on Thursday, April 4th. Barclays decreased their price target on Cboe Global Markets from $215.00 to $194.00 and set an “overweight” rating for the company in a research note on Wednesday, July 10th. Bank of America raised their price target on Cboe Global Markets from $200.00 to $204.00 and gave the stock a “buy” rating in a research note on Friday, April 19th. Oppenheimer reissued an “outperform” rating and set a $206.00 price target on shares of Cboe Global Markets in a research note on Monday, May 6th. Finally, Morgan Stanley reissued an “equal weight” rating and set a $199.00 price target (down from $211.00) on shares of Cboe Global Markets in a research note on Tuesday, April 9th. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $189.09.

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.