Lecap Asset Management Ltd. Buys 452 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

Lecap Asset Management Ltd. grew its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 5.3% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 9,019 shares of the company’s stock after acquiring an additional 452 shares during the quarter. Lecap Asset Management Ltd.’s holdings in Cboe Global Markets were worth $1,534,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Monument Capital Management acquired a new position in Cboe Global Markets during the fourth quarter valued at approximately $215,000. Illinois Municipal Retirement Fund boosted its stake in Cboe Global Markets by 30.8% in the fourth quarter. Illinois Municipal Retirement Fund now owns 8,004 shares of the company’s stock valued at $1,429,000 after buying an additional 1,883 shares in the last quarter. Accuvest Global Advisors acquired a new stake in Cboe Global Markets in the fourth quarter valued at about $345,000. Hilltop Holdings Inc. grew its position in Cboe Global Markets by 1.8% in the fourth quarter. Hilltop Holdings Inc. now owns 16,715 shares of the company’s stock valued at $2,985,000 after acquiring an additional 298 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its stake in Cboe Global Markets by 13.8% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 18,518 shares of the company’s stock worth $3,306,000 after acquiring an additional 2,242 shares in the last quarter. 81.73% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Rosenblatt Securities upped their price target on Cboe Global Markets from $200.00 to $205.00 and gave the company a “buy” rating in a research report on Monday, May 6th. Barclays upped their target price on Cboe Global Markets from $194.00 to $218.00 and gave the company an “overweight” rating in a report on Monday, August 5th. Keefe, Bruyette & Woods increased their price target on Cboe Global Markets from $197.00 to $198.00 and gave the stock a “market perform” rating in a report on Monday, August 5th. Piper Sandler reaffirmed an “overweight” rating and set a $210.00 price objective (up previously from $203.00) on shares of Cboe Global Markets in a research report on Monday, August 5th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on Cboe Global Markets from $186.00 to $205.00 and gave the company a “hold” rating in a research report on Thursday, August 15th. 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, the stock has a consensus rating of “Hold” and a consensus target price of $199.64.

Cboe Global Markets Stock Up 0.4 %

CBOE stock traded up $0.85 on Wednesday, hitting $206.88. 662,413 shares of the company’s stock were exchanged, compared to its average volume of 636,231. The firm has a 50 day moving average price of $182.77 and a two-hundred day moving average price of $182.33. 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, Inc. has a 12-month low of $103.82 and a 12-month high of $139.00. The stock has a market cap of $21.94 billion, a P/E ratio of 106.64 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last released its earnings results on Friday, August 2nd. The company reported $2.15 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $513.80 million for the quarter, compared to the consensus estimate of $514.51 million. During the same period in the prior year, the firm earned $1.78 EPS. The firm’s revenue was up 10.0% on a year-over-year basis. As a group, equities research analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 13th. Stockholders of record on Friday, August 30th will be issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 1.22%. This is a positive change from Cboe Global Markets’s previous quarterly dividend of $0.55. The ex-dividend date is Friday, August 30th. Cboe Global Markets’s payout ratio is 98.97%.

Insider Activity at Cboe Global Markets

In other news, EVP Catherine R. Clay sold 600 shares of the stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $203.23, for a total transaction of $121,938.00. Following the sale, the executive vice president now directly owns 4,328 shares of the company’s stock, valued at approximately $879,579.44. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other Cboe Global Markets news, EVP Catherine R. Clay sold 600 shares of Cboe Global Markets 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 sale, the executive vice president now owns 4,328 shares of the company’s stock, valued at approximately $879,579.44. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Christopher A. Isaacson sold 6,000 shares of the business’s stock in a transaction that occurred on Friday, June 21st. The stock was 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 disclosure for this sale can be found here. Insiders sold a total of 16,565 shares of company stock worth $3,063,663 in the last three months. Company insiders own 0.51% of the company’s stock.

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.