1,256,527 Shares in Cboe Global Markets, Inc. $CBOE Bought by Jupiter Topco LLC

Jupiter Topco LLC purchased a new position in shares of Cboe Global Markets, Inc. (BATS:CBOE) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,256,527 shares of the company’s stock, valued at approximately $304,917,000.

A number of other hedge funds also recently bought and sold shares of CBOE. Brighton Jones LLC grew its holdings in Cboe Global Markets by 10.1% during the 4th quarter. Brighton Jones LLC now owns 1,092 shares of the company’s stock worth $213,000 after acquiring an additional 100 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of Cboe Global Markets by 1,854.4% in the 1st quarter. Jones Financial Companies Lllp now owns 4,202 shares of the company’s stock valued at $951,000 after purchasing an additional 3,987 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of Cboe Global Markets by 132.4% in the 1st quarter. Empowered Funds LLC now owns 4,803 shares of the company’s stock valued at $1,087,000 after purchasing an additional 2,736 shares in the last quarter. Woodline Partners LP lifted its position in shares of Cboe Global Markets by 40.7% during the 1st quarter. Woodline Partners LP now owns 8,845 shares of the company’s stock worth $2,002,000 after purchasing an additional 2,558 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its stake in shares of Cboe Global Markets by 138.5% during the first quarter. Geneos Wealth Management Inc. now owns 341 shares of the company’s stock worth $77,000 after purchasing an additional 198 shares in the last quarter. Institutional investors and hedge funds own 81.73% of the company’s stock.

Analysts Set New Price Targets

CBOE has been the topic of several recent analyst reports. Erste Group Bank lowered Cboe Global Markets from a “buy” rating to a “hold” rating in a report on Friday, June 5th. TD Cowen lifted their price target on Cboe Global Markets from $304.00 to $315.00 and gave the stock a “hold” rating in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Cboe Global Markets in a report on Monday, August 3rd. Keefe, Bruyette & Woods raised their target price on Cboe Global Markets from $300.00 to $335.00 and gave the stock a “market perform” rating in a research report on Monday, May 4th. Finally, Loop Capital set a $380.00 target price on Cboe Global Markets in a research note on Monday, August 3rd. Three research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $315.30.

Insider Buying and Selling

In other Cboe Global Markets news, Director Janet P. Froetscher sold 937 shares of Cboe Global Markets stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $278.95, for a total value of $261,376.15. Following the transaction, the director directly owned 12,870 shares in the company, valued at approximately $3,590,086.50. The trade was a 6.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.51% of the company’s stock.

Cboe Global Markets Price Performance

CBOE stock opened at $308.82 on Wednesday. The company has a market capitalization of $32.75 billion, a P/E ratio of 159.19 and a beta of 0.61. Cboe Global Markets, Inc. has a twelve month low of $227.15 and a twelve month high of $371.18. The business has a 50 day simple moving average of $275.73 and a 200-day simple moving average of $293.41. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60.

Cboe Global Markets (BATS:CBOE) last announced its earnings results on Friday, July 31st. The company reported $3.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.49 by $0.07. The business had revenue of $731.60 million for the quarter, compared to analyst estimates of $716.61 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The company’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same period last year, the firm posted $2.46 earnings per share. As a group, equities analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a dividend of $0.86 per share. This represents a $3.44 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Monday, August 31st. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.72. Cboe Global Markets’s payout ratio is 98.97%.

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. 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.