Cboe Global Markets, Inc. (BATS:CBOE) Shares Sold by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC reduced its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 1.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,404 shares of the company’s stock after selling 1,046 shares during the quarter. Chevy Chase Trust Holdings LLC owned about 0.05% of Cboe Global Markets worth $9,762,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of CBOE. FinTrust Capital Advisors LLC grew its holdings in shares of 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 buying an additional 85 shares during the last quarter. Optiver Holding B.V. purchased a new stake in shares of Cboe Global Markets during the fourth quarter worth approximately $29,000. ORG Partners LLC acquired a new stake in shares of Cboe Global Markets during the second quarter worth $30,000. Redmont Wealth Advisors LLC purchased a new position in Cboe Global Markets in the 1st quarter valued at $42,000. Finally, Riverview Trust Co acquired a new position in Cboe Global Markets in the 1st quarter valued at $44,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CBOE. Keefe, Bruyette & Woods boosted their price target on shares of Cboe Global Markets from $197.00 to $198.00 and gave the stock a “market perform” rating in a research note on Monday, August 5th. Barclays lifted their price target on Cboe Global Markets from $194.00 to $218.00 and gave the company an “overweight” rating in a research note on Monday, August 5th. Piper Sandler reissued an “overweight” rating and issued a $210.00 target price (up previously from $203.00) on shares of Cboe Global Markets in a report on Monday, August 5th. Oppenheimer boosted their target price 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. Finally, Rosenblatt Securities increased their price target on shares of Cboe Global Markets from $200.00 to $205.00 and gave the company a “buy” rating in a report on Monday, May 6th. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $199.64.

Insider Transactions at Cboe Global Markets

In related news, COO Christopher A. Isaacson sold 6,000 shares of Cboe Global Markets stock in a transaction on Friday, June 21st. The shares were sold at an average price of $175.00, for a total transaction of $1,050,000.00. Following the transaction, the chief operating officer now owns 51,855 shares in the company, valued at approximately $9,074,625. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, COO Christopher A. Isaacson sold 6,000 shares of the business’s stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $175.00, for a total transaction of $1,050,000.00. Following the transaction, the chief operating officer now directly owns 51,855 shares of the company’s stock, valued at approximately $9,074,625. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Dave Howson sold 2,392 shares of the stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $188.22, for a total transaction of $450,222.24. Following the completion of the sale, the executive vice president now directly owns 12,681 shares of the company’s stock, valued at approximately $2,386,817.82. The disclosure for this sale can be found here. In the last quarter, insiders sold 16,565 shares of company stock worth $3,063,663. 0.51% of the stock is currently owned by company insiders.

Cboe Global Markets Trading Up 0.7 %

CBOE traded up $1.43 during trading on Wednesday, hitting $206.02. The company’s stock had a trading volume of 633,983 shares, compared to its average volume of 636,231. The stock has a market cap of $21.85 billion, a PE ratio of 106.09 and a beta of 0.61. The firm’s 50 day moving average price is $182.02 and its 200-day moving average price is $182.16. Cboe Global Markets, Inc. has a twelve month low of $103.82 and a twelve month high of $139.00. 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 quarterly earnings data on Friday, August 2nd. The company reported $2.15 EPS for the quarter, topping analysts’ consensus estimates of $2.10 by $0.05. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The business had revenue of $513.80 million during the quarter, compared to the consensus estimate of $514.51 million. During the same period in the prior year, the firm posted $1.78 EPS. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. On average, analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 13th. Stockholders of record on Friday, August 30th will be paid 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 dividend yield of 1.22%. The ex-dividend date is Friday, August 30th. Cboe Global Markets’s payout ratio is currently 98.97%.

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.