Cboe Global Markets, Inc. (BATS:CBOE) Shares Purchased by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC raised its stake in Cboe Global Markets, Inc. (BATS:CBOE) by 4.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,021 shares of the company’s stock after buying an additional 83 shares during the quarter. Motley Fool Asset Management LLC’s holdings in Cboe Global Markets were worth $371,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. FinTrust Capital Advisors LLC increased its stake in Cboe Global Markets by 170.0% in the first quarter. FinTrust Capital Advisors LLC now owns 135 shares of the company’s stock valued at $25,000 after purchasing an additional 85 shares during the last quarter. Optiver Holding B.V. acquired a new stake in Cboe Global Markets in the fourth quarter valued at $29,000. Farmers & Merchants Trust Co of Chambersburg PA acquired a new stake in Cboe Global Markets in the fourth quarter valued at $30,000. Allworth Financial LP lifted its holdings in Cboe Global Markets by 75.3% in 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 during the period. Finally, ORG Partners LLC purchased a new position in shares of Cboe Global Markets in the fourth quarter valued at $31,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Cboe Global Markets Price Performance

Shares of Cboe Global Markets stock traded up $7.40 during trading on Wednesday, hitting $180.25. The stock had a trading volume of 1,129,596 shares, compared to its average volume of 636,231. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. Cboe Global Markets, Inc. has a fifty-two week low of $103.82 and a fifty-two week high of $139.00. The firm has a market cap of $19.12 billion, a P/E ratio of 92.91 and a beta of 0.61. The business has a fifty day moving average of $174.61 and a two-hundred day moving average of $180.06.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings data on Friday, May 3rd. The company reported $2.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.11. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The firm had revenue of $502.10 million during the quarter, compared to the consensus estimate of $504.80 million. During the same period in the prior year, the business earned $1.90 EPS. The business’s revenue for the quarter was up 6.5% on a year-over-year basis. On average, sell-side analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share 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. Shareholders of record on Friday, May 31st were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date was Friday, May 31st. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.97%.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Barclays dropped their price objective on Cboe Global Markets from $215.00 to $194.00 and set an “overweight” rating for the company in a research report on Wednesday, July 10th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $197.00 price objective on shares of Cboe Global Markets in a research note on Thursday, April 4th. Oppenheimer reissued an “outperform” rating and set a $206.00 price target on shares of Cboe Global Markets in a research report on Monday, May 6th. Rosenblatt Securities upped their target price 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. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a $199.00 target price (down from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $189.09.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, COO Christopher A. Isaacson sold 6,000 shares of the company’s stock in a transaction 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 sale, the chief operating officer now directly owns 51,855 shares in the company, valued at $9,074,625. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Cboe Global Markets news, EVP Catherine R. Clay sold 1,100 shares of the stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $185.06, for a total value of $203,566.00. Following the transaction, the executive vice president now owns 4,656 shares of the company’s stock, valued at $861,639.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, COO Christopher A. Isaacson sold 6,000 shares of the 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 completion of the transaction, the chief operating officer now directly owns 51,855 shares in the company, valued at approximately $9,074,625. The disclosure for this sale can be found here. Insiders own 0.51% of the company’s stock.

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.