Cboe Global Markets, Inc. (BATS:CBOE) Stock Holdings Raised by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 215.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 376,190 shares of the company’s stock after buying an additional 257,016 shares during the period. BNP Paribas Financial Markets’ holdings in Cboe Global Markets were worth $77,070,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of CBOE. ORG Partners LLC bought a new stake in shares of Cboe Global Markets during the 2nd quarter valued at about $30,000. Friedenthal Financial bought a new stake in shares of Cboe Global Markets during the 3rd quarter valued at about $49,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of Cboe Global Markets during the 2nd quarter valued at about $51,000. GPS Wealth Strategies Group LLC grew its position in shares of Cboe Global Markets by 59.1% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 331 shares of the company’s stock valued at $56,000 after buying an additional 123 shares during the last quarter. Finally, Brooklyn Investment Group bought a new stake in shares of Cboe Global Markets during the 3rd quarter valued at about $66,000. Institutional investors own 81.73% of the company’s stock.

Insider Activity at Cboe Global Markets

In related news, COO Christopher A. Isaacson sold 6,000 shares of the stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $204.89, for a total transaction of $1,229,340.00. Following the completion of the sale, the chief operating officer now directly owns 39,855 shares of the company’s stock, valued at $8,165,890.95. This represents a 13.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Jill Griebenow sold 1,622 shares of the stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of $213.33, for a total transaction of $346,021.26. Following the sale, the chief financial officer now directly owns 8,844 shares of the company’s stock, valued at approximately $1,886,690.52. This represents a 15.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.51% of the company’s stock.

Cboe Global Markets Trading Up 0.4 %

Shares of BATS:CBOE opened at $218.14 on Thursday. The company has a 50 day moving average of $207.90 and a 200-day moving average of $194.53. The firm has a market cap of $23.14 billion, a P/E ratio of 112.44 and a beta of 0.61. Cboe Global Markets, Inc. has a twelve month low of $103.82 and a twelve month high of $139.00. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings results on Friday, November 1st. The company reported $2.22 earnings per share for the quarter, topping analysts’ consensus estimates of $2.19 by $0.03. The company had revenue of $532.00 million during the quarter, compared to analyst estimates of $530.46 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same period in the prior year, the business posted $2.06 EPS. As a group, 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 has initiated a share buyback plan on Friday, August 16th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the company to reacquire up to 2.3% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Cboe Global Markets Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date of this dividend is Friday, November 29th. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $220.00 price objective on shares of Cboe Global Markets in a research report on Monday, November 4th. JPMorgan Chase & Co. raised shares of Cboe Global Markets from an “underweight” rating to a “neutral” rating and boosted their target price for the company from $168.00 to $195.00 in a research note on Monday, August 5th. Oppenheimer boosted their target price on shares of Cboe Global Markets from $209.00 to $227.00 and gave the company an “outperform” rating in a research note on Monday, October 14th. Deutsche Bank Aktiengesellschaft raised shares of Cboe Global Markets from a “hold” rating to a “buy” rating and boosted their target price for the company from $212.00 to $222.00 in a research note on Monday, November 11th. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Cboe Global Markets from $197.00 to $198.00 and gave the company a “market perform” rating in a research note on Monday, August 5th. One analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $209.42.

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.