Harbor Capital Advisors Inc. Has $607,000 Position in Cboe Global Markets, Inc. (BATS:CBOE)

Harbor Capital Advisors Inc. decreased its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 3.1% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,964 shares of the company’s stock after selling 95 shares during the period. Harbor Capital Advisors Inc.’s holdings in Cboe Global Markets were worth $607,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Marshall Wace LLP increased its position in shares of Cboe Global Markets by 306.6% during the second quarter. Marshall Wace LLP now owns 533,839 shares of the company’s stock worth $90,785,000 after acquiring an additional 402,547 shares in the last quarter. Los Angeles Capital Management LLC increased its holdings in Cboe Global Markets by 66.5% during the 2nd quarter. Los Angeles Capital Management LLC now owns 617,041 shares of the company’s stock worth $104,934,000 after purchasing an additional 246,442 shares in the last quarter. Raymond James & Associates raised its stake in shares of Cboe Global Markets by 311.3% in the third quarter. Raymond James & Associates now owns 231,429 shares of the company’s stock worth $47,413,000 after purchasing an additional 175,159 shares during the last quarter. TD Asset Management Inc lifted its holdings in shares of Cboe Global Markets by 36.2% in the second quarter. TD Asset Management Inc now owns 499,995 shares of the company’s stock valued at $85,029,000 after purchasing an additional 132,833 shares in the last quarter. Finally, Squarepoint Ops LLC boosted its position in shares of Cboe Global Markets by 1,044.9% during the second quarter. Squarepoint Ops LLC now owns 119,673 shares of the company’s stock valued at $20,352,000 after buying an additional 109,220 shares during the last quarter. 81.73% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Cboe Global Markets news, COO Christopher A. Isaacson sold 6,000 shares of the business’s stock in a transaction 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 sale, the chief operating officer now owns 39,855 shares of the company’s stock, valued at $8,165,890.95. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. In related news, CFO Jill Griebenow sold 1,622 shares of the business’s 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 completion of the transaction, the chief financial officer now owns 8,844 shares of the company’s stock, valued at approximately $1,886,690.52. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Christopher A. Isaacson sold 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $204.89, for a total transaction of $1,229,340.00. Following the sale, the chief operating officer now directly owns 39,855 shares in the company, valued at $8,165,890.95. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 7,696 shares of company stock valued at $1,591,160. Company insiders own 0.51% of the company’s stock.

Cboe Global Markets Stock Performance

Shares of CBOE opened at $200.91 on Thursday. Cboe Global Markets, Inc. has a 1 year low of $103.82 and a 1 year 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. The stock’s fifty day moving average price is $209.59 and its two-hundred day moving average price is $192.02. The firm has a market cap of $21.31 billion, a PE ratio of 103.56 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings data on Friday, November 1st. The company reported $2.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.19 by $0.03. The business had revenue of $532.00 million for the quarter, compared to analysts’ expectations of $530.46 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The firm’s quarterly revenue was up 10.7% compared to the same quarter last year. During the same period in the previous year, the business posted $2.06 EPS. On average, equities research analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets announced that its board has initiated a stock buyback plan on Friday, August 16th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the company to buy up to 2.3% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend is Friday, November 29th. Cboe Global Markets’s payout ratio is currently 98.97%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on CBOE. Keefe, Bruyette & Woods lifted their price objective on shares of Cboe Global Markets from $197.00 to $198.00 and gave the stock a “market perform” rating in a report on Monday, August 5th. JPMorgan Chase & Co. upgraded shares of Cboe Global Markets from an “underweight” rating to a “neutral” rating and boosted their price target for the stock from $168.00 to $195.00 in a report on Monday, August 5th. Oppenheimer increased their price objective 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. Morgan Stanley downgraded Cboe Global Markets from an “equal weight” rating to an “underweight” rating and set a $199.00 target price on the stock. in a research note on Wednesday. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $220.00 target price on shares of Cboe Global Markets in a report on Monday. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $208.58.

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.