Czech National Bank Acquires 1,467 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

Czech National Bank increased its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 7.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,039 shares of the company’s stock after acquiring an additional 1,467 shares during the quarter. Czech National Bank’s holdings in Cboe Global Markets were worth $3,408,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of CBOE. Allworth Financial LP increased its holdings in shares of Cboe Global Markets by 75.3% during the fourth quarter. Allworth Financial LP now owns 170 shares of the company’s stock valued at $30,000 after acquiring an additional 73 shares in the last quarter. Marion Wealth Management raised its holdings in Cboe Global Markets by 0.7% during the first quarter. Marion Wealth Management now owns 10,315 shares of the company’s stock worth $1,895,000 after buying an additional 76 shares during the last quarter. Motley Fool Asset Management LLC lifted its stake in shares of Cboe Global Markets by 4.3% in the first quarter. Motley Fool Asset Management LLC now owns 2,021 shares of the company’s stock valued at $371,000 after buying an additional 83 shares in the last quarter. Texas Permanent School Fund Corp boosted its stake in Cboe Global Markets by 0.3% during the 1st quarter. Texas Permanent School Fund Corp now owns 24,319 shares of the company’s stock valued at $4,468,000 after purchasing an additional 84 shares during the last quarter. Finally, FinTrust Capital Advisors LLC boosted its position 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 valued at $25,000 after buying an additional 85 shares during the last quarter. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Price Performance

Shares of BATS:CBOE traded down $3.36 on Monday, hitting $200.82. The company’s stock had a trading volume of 801,884 shares, compared to its average volume of 636,231. The company has a market capitalization of $21.30 billion, a PE ratio of 103.52 and a beta of 0.61. 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 company has a 50-day simple moving average of $177.82 and a 200 day simple moving average of $181.23. Cboe Global Markets, Inc. has a 1 year low of $103.82 and a 1 year high of $139.00.

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

Cboe Global Markets Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 31st were given a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date was Friday, May 31st. Cboe Global Markets’s payout ratio is presently 98.97%.

Insiders Place Their Bets

In other news, EVP Dave Howson sold 2,500 shares of Cboe Global Markets stock in a transaction dated Monday, July 22nd. The stock was sold at an average price of $186.67, for a total value of $466,675.00. Following the transaction, the executive vice president now owns 15,073 shares in the company, valued at $2,813,676.91. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other Cboe Global Markets news, COO Christopher A. Isaacson sold 6,000 shares of the business’s stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $175.00, for a total value of $1,050,000.00. Following the transaction, the chief operating officer now owns 51,855 shares in the company, valued at $9,074,625. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Dave Howson sold 2,500 shares of the firm’s stock in a transaction dated 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. Insiders sold 16,565 shares of company stock valued at $3,063,663 over the last three months. Insiders own 0.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Rosenblatt Securities increased their target price 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. Piper Sandler reissued an “overweight” rating and set a $210.00 target price (up previously from $203.00) on shares of Cboe Global Markets in a research report on Monday, August 5th. JPMorgan Chase & Co. raised Cboe Global Markets from an “underweight” rating to a “neutral” rating and increased their price target for the company from $168.00 to $195.00 in a research report on Monday, August 5th. Barclays boosted their price objective 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. Finally, Bank of America raised their target price on Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a research report on Friday, April 19th. Seven equities 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, Cboe Global Markets currently has an average rating of “Hold” and an average target price of $193.33.

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.