Vanguard Personalized Indexing Management LLC Buys 574 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

Vanguard Personalized Indexing Management LLC increased its position in Cboe Global Markets, Inc. (BATS:CBOE) by 10.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,098 shares of the company’s stock after purchasing an additional 574 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Cboe Global Markets were worth $1,037,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of CBOE. FinTrust Capital Advisors LLC grew its position 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 worth $25,000 after buying an additional 85 shares during the last quarter. Optiver Holding B.V. acquired a new position in shares of Cboe Global Markets during the fourth quarter worth $29,000. ORG Partners LLC purchased a new stake in shares of Cboe Global Markets during the 2nd quarter valued at $30,000. Redmont Wealth Advisors LLC acquired a new stake in shares of Cboe Global Markets in the 1st quarter worth $42,000. Finally, Riverview Trust Co purchased a new position in Cboe Global Markets during the 1st quarter worth $44,000. 81.73% of the stock is currently owned by hedge funds and other institutional investors.

Cboe Global Markets Stock Up 0.8 %

CBOE stock opened at $209.85 on Tuesday. The firm’s fifty day moving average is $201.09 and its 200 day moving average is $185.81. The firm has a market cap of $22.26 billion, a PE ratio of 108.17 and a beta of 0.61. Cboe Global Markets, Inc. has a one year low of $103.82 and a one year high of $139.00. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21.

Cboe Global Markets (BATS:CBOE) last released its quarterly earnings results on Friday, August 2nd. The company reported $2.15 earnings per share 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 company had revenue of $513.80 million during the quarter, compared to analysts’ expectations of $514.51 million. During the same quarter in the prior year, the firm posted $1.78 EPS. Cboe Global Markets’s quarterly revenue was up 10.0% compared to the same quarter last year. On average, research analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Friday, August 30th were paid a $0.63 dividend. The ex-dividend date was Friday, August 30th. This represents a $2.52 dividend on an annualized basis and a yield of 1.20%. This is a boost from Cboe Global Markets’s previous quarterly dividend of $0.55. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.97%.

Cboe Global Markets announced that its Board of Directors has approved a share buyback plan on Friday, August 16th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the company to repurchase up to 2.3% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of research firms have commented on CBOE. Keefe, Bruyette & Woods increased their price target on 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. JPMorgan Chase & Co. raised shares of Cboe Global Markets from an “underweight” rating to a “neutral” rating and boosted their target price for the stock from $168.00 to $195.00 in a research report on Monday, August 5th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Cboe Global Markets from $186.00 to $205.00 and gave the stock a “hold” rating in a research note on Thursday, August 15th. Piper Sandler reissued an “overweight” rating and issued a $210.00 target price (up from $203.00) on shares of Cboe Global Markets in a research report on Monday, August 5th. Finally, Barclays lifted their price target on Cboe Global Markets from $194.00 to $218.00 and gave the stock an “overweight” rating in a research report on Monday, August 5th. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $199.64.

Insider Buying and Selling

In other Cboe Global Markets news, EVP Catherine R. Clay sold 600 shares of the stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $203.23, for a total transaction of $121,938.00. Following the transaction, the executive vice president now directly owns 4,328 shares of the company’s stock, valued at $879,579.44. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Cboe Global Markets news, EVP Catherine R. Clay sold 600 shares of the stock in a transaction that occurred on Wednesday, August 7th. The stock was sold at an average price of $203.23, for a total transaction 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 $879,579.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Dave Howson sold 2,500 shares of Cboe Global Markets stock in a transaction that occurred on Monday, July 22nd. The stock was sold at an average price of $186.67, for a total value of $466,675.00. Following the completion of the sale, the executive vice president now directly owns 15,073 shares in the company, valued at $2,813,676.91. The disclosure for this sale can be found here. In the last quarter, insiders sold 18,261 shares of company stock valued at $3,604,822. 0.51% of the stock is owned by corporate insiders.

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.