Vinland Capital Management Gestora de Recursos LTDA. Sells 7,410 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

Vinland Capital Management Gestora de Recursos LTDA. lessened its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 62.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 4,370 shares of the company’s stock after selling 7,410 shares during the period. Cboe Global Markets accounts for about 2.1% of Vinland Capital Management Gestora de Recursos LTDA.’s portfolio, making the stock its 12th largest position. Vinland Capital Management Gestora de Recursos LTDA.’s holdings in Cboe Global Markets were worth $895,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Cboe Global Markets by 125.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 8,665 shares of the company’s stock valued at $1,592,000 after acquiring an additional 4,824 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in shares of Cboe Global Markets by 1.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 382,677 shares of the company’s stock valued at $70,309,000 after acquiring an additional 4,700 shares during the period. First Trust Direct Indexing L.P. lifted its stake in shares of Cboe Global Markets by 17.2% during the first quarter. First Trust Direct Indexing L.P. now owns 2,644 shares of the company’s stock valued at $486,000 after acquiring an additional 388 shares during the period. HB Wealth Management LLC lifted its stake in shares of Cboe Global Markets by 20.8% during the first quarter. HB Wealth Management LLC now owns 1,675 shares of the company’s stock valued at $308,000 after acquiring an additional 288 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its stake in shares of Cboe Global Markets by 13.2% during the first quarter. Sequoia Financial Advisors LLC now owns 1,552 shares of the company’s stock valued at $285,000 after acquiring an additional 181 shares during the period. Institutional investors own 81.73% of the company’s stock.

Insider Buying and Selling

In other Cboe Global Markets news, 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 value of $121,938.00. Following the completion of the transaction, the executive vice president now directly owns 4,328 shares in the company, valued at $879,579.44. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Cboe Global Markets news, CFO Jill Griebenow sold 1,622 shares of the firm’s 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. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Catherine R. Clay sold 600 shares of the firm’s stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $203.23, for a total value of $121,938.00. Following the completion of the transaction, the executive vice president now owns 4,328 shares of the company’s stock, valued at approximately $879,579.44. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 13,369 shares of company stock worth $2,687,925. 0.51% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

CBOE has been the topic of several research reports. Oppenheimer upped their price target on Cboe Global Markets from $209.00 to $227.00 and gave the company an “outperform” rating in a research note on Monday, October 14th. Piper Sandler increased their target price on Cboe Global Markets from $210.00 to $220.00 and gave the company an “overweight” rating in a research note on Tuesday, October 8th. Barclays increased their target price on Cboe Global Markets from $218.00 to $239.00 and gave the company an “overweight” rating in a research note on Monday, October 7th. Royal Bank of Canada reissued a “sector perform” rating and issued a $220.00 target price on shares of Cboe Global Markets in a research note on Friday, October 4th. Finally, TD Cowen began coverage on Cboe Global Markets in a research note on Thursday, September 26th. They issued a “hold” rating and a $205.00 target price on the stock. Eight research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $208.75.

Cboe Global Markets Stock Down 1.2 %

BATS:CBOE opened at $209.62 on Thursday. 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 market cap of $22.23 billion, a PE ratio of 108.45 and a beta of 0.61. Cboe Global Markets, Inc. has a 52-week low of $103.82 and a 52-week high of $139.00. The stock has a 50-day simple moving average of $209.57 and a 200 day simple moving average of $190.98.

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

Cboe Global Markets declared that its board has authorized a share buyback plan on Friday, August 16th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the company to purchase up to 2.3% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Cboe Global Markets Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be issued a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.20%. Cboe Global Markets’s payout ratio is presently 98.97%.

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.