Cboe Global Markets Inc (NASDAQ:CBOE) VP Christopher A. Isaacson sold 8,720 shares of Cboe Global Markets stock in a transaction that occurred on Thursday, August 30th. The shares were sold at an average price of $100.03, for a total value of $872,261.60. Following the completion of the sale, the vice president now directly owns 86,220 shares in the company, valued at approximately $8,624,586.60. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Cboe Global Markets stock opened at $104.07 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.86 and a quick ratio of 0.86. Cboe Global Markets Inc has a twelve month low of $91.10 and a twelve month high of $138.54. The firm has a market cap of $11.57 billion, a P/E ratio of 30.43, a price-to-earnings-growth ratio of 1.94 and a beta of 0.52.
Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings results on Friday, August 3rd. The financial services provider reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.02. The firm had revenue of $283.50 million during the quarter, compared to analysts’ expectations of $278.57 million. Cboe Global Markets had a net margin of 19.22% and a return on equity of 14.16%. The firm’s revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.87 EPS. sell-side analysts expect that Cboe Global Markets Inc will post 4.54 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 14th. Shareholders of record on Friday, August 31st will be given a $0.31 dividend. This is a boost from Cboe Global Markets’s previous quarterly dividend of $0.27. This represents a $1.24 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date is Thursday, August 30th. Cboe Global Markets’s dividend payout ratio is presently 36.26%.
A number of large investors have recently bought and sold shares of CBOE. Braun Bostich & Associates Inc. boosted its position in Cboe Global Markets by 1,391.0% in the 2nd quarter. Braun Bostich & Associates Inc. now owns 999 shares of the financial services provider’s stock valued at $104,000 after buying an additional 932 shares during the last quarter. Dupont Capital Management Corp bought a new position in shares of Cboe Global Markets during the first quarter worth about $105,000. Piedmont Investment Advisors LLC bought a new position in shares of Cboe Global Markets during the second quarter worth about $133,000. Point72 Asia Hong Kong Ltd bought a new position in shares of Cboe Global Markets during the first quarter worth about $156,000. Finally, Cerebellum GP LLC bought a new position in shares of Cboe Global Markets during the second quarter worth about $178,000. 82.60% of the stock is owned by institutional investors.
A number of equities research analysts recently issued reports on the company. BidaskClub raised Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Wednesday. Rosenblatt Securities began coverage on Cboe Global Markets in a research note on Wednesday, September 5th. They issued a “buy” rating and a $115.00 target price on the stock. Raymond James upgraded Cboe Global Markets from a “market perform” rating to an “outperform” rating in a report on Monday, August 20th. Zacks Investment Research upgraded Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Tuesday, July 31st. Finally, Barclays cut their price target on Cboe Global Markets from $110.00 to $107.00 and set an “equal weight” rating for the company in a report on Monday, July 30th. Eleven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $118.43.
Cboe Global Markets Company Profile
Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange in the United States. The company operates in five segments: Options, U.S. Equities, Futures, European Equities, and Global FX. The Options segment trades in listed market indexes. The U.S. Equities segment trades in listed cash equities; and provides exchange-traded products (ETP) transaction and ETP listing services.
Featured Article: Understanding Stock Ratings
Receive News & Ratings for Cboe Global Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cboe Global Markets and related companies with MarketBeat.com's FREE daily email newsletter.