Cboe Global Markets, Inc. $CBOE Shares Purchased by Clark Capital Management Group Inc.

Clark Capital Management Group Inc. boosted its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 2.6% in the third quarter, HoldingsChannel.com reports. The fund owned 256,816 shares of the company’s stock after purchasing an additional 6,464 shares during the period. Clark Capital Management Group Inc.’s holdings in Cboe Global Markets were worth $62,984,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Sagespring Wealth Partners LLC increased its stake in shares of Cboe Global Markets by 4.1% during the third quarter. Sagespring Wealth Partners LLC now owns 1,060 shares of the company’s stock worth $260,000 after purchasing an additional 42 shares in the last quarter. Aprio Wealth Management LLC lifted its stake in Cboe Global Markets by 3.1% in the 3rd quarter. Aprio Wealth Management LLC now owns 1,432 shares of the company’s stock valued at $351,000 after buying an additional 43 shares in the last quarter. IHT Wealth Management LLC lifted its stake in Cboe Global Markets by 4.5% in the 2nd quarter. IHT Wealth Management LLC now owns 1,021 shares of the company’s stock valued at $238,000 after buying an additional 44 shares in the last quarter. Dorsey & Whitney Trust CO LLC boosted its holdings in Cboe Global Markets by 3.2% in the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 1,498 shares of the company’s stock worth $349,000 after buying an additional 46 shares during the last quarter. Finally, Concurrent Investment Advisors LLC boosted its holdings in Cboe Global Markets by 3.3% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 1,438 shares of the company’s stock worth $353,000 after buying an additional 46 shares during the last quarter. 81.73% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Cboe Global Markets

In related news, Director Alexander Matturri, Jr. sold 1,500 shares of the stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $285.36, for a total transaction of $428,040.00. Following the completion of the transaction, the director owned 4,761 shares of the company’s stock, valued at approximately $1,358,598.96. This trade represents a 23.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Allen Wilkinson sold 248 shares of Cboe Global Markets stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $292.79, for a total transaction of $72,611.92. Following the completion of the sale, the chief accounting officer owned 410 shares of the company’s stock, valued at $120,043.90. This trade represents a 37.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 5,695 shares of company stock worth $1,628,981 over the last three months. Insiders own 0.51% of the company’s stock.

Analyst Ratings Changes

CBOE has been the topic of a number of research analyst reports. TD Cowen reaffirmed a “hold” rating on shares of Cboe Global Markets in a research note on Wednesday, January 14th. Zacks Research raised Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. Piper Sandler raised their price objective on Cboe Global Markets from $290.00 to $295.00 and gave the company an “overweight” rating in a report on Wednesday, January 14th. Morgan Stanley lifted their target price on shares of Cboe Global Markets from $221.00 to $240.00 and gave the stock an “underweight” rating in a research note on Monday, December 22nd. Finally, Argus upgraded shares of Cboe Global Markets to a “hold” rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $279.00.

Cboe Global Markets Trading Down 0.1%

CBOE opened at $289.90 on Friday. The stock has a market capitalization of $30.75 billion, a PE ratio of 149.43 and a beta of 0.61. Cboe Global Markets, Inc. has a one year low of $200.88 and a one year high of $305.68. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. The business’s 50 day moving average price is $277.70 and its 200 day moving average price is $256.90.

Cboe Global Markets (BATS:CBOE) last posted its earnings results on Friday, February 6th. The company reported $3.06 EPS for the quarter, beating analysts’ consensus estimates of $2.93 by $0.13. The company had revenue of $671.10 million for the quarter, compared to the consensus estimate of $659.59 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. As a group, equities research analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were paid a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Friday, February 27th. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

Cboe Global Markets 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. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.