Investment Research Partners LLC Purchases Shares of 2,740 Cboe Global Markets, Inc. $CBOE

Investment Research Partners LLC purchased a new position in shares of Cboe Global Markets, Inc. (BATS:CBOE) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,740 shares of the company’s stock, valued at approximately $638,000.

A number of other large investors also recently modified their holdings of CBOE. Headlands Technologies LLC acquired a new stake in Cboe Global Markets during the 2nd quarter worth approximately $31,000. Twin Peaks Wealth Advisors LLC purchased a new position in Cboe Global Markets in the second quarter valued at approximately $33,000. Physician Wealth Advisors Inc. lifted its position in Cboe Global Markets by 70.5% during the third quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock valued at $33,000 after buying an additional 55 shares in the last quarter. Ameriflex Group Inc. lifted its position in Cboe Global Markets by 97.4% during the third quarter. Ameriflex Group Inc. now owns 154 shares of the company’s stock valued at $38,000 after buying an additional 76 shares in the last quarter. Finally, Dakota Community Bank & Trust NA purchased a new stake in Cboe Global Markets during the third quarter worth approximately $42,000. 81.73% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Cboe Global Markets

In other news, CAO Allen Wilkinson sold 248 shares of Cboe Global Markets stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $292.79, for a total transaction of $72,611.92. Following the sale, the chief accounting officer directly owned 410 shares of the company’s stock, valued at approximately $120,043.90. The trade was a 37.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Edward J. Fitzpatrick sold 3,947 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $285.87, for a total value of $1,128,328.89. Following the completion of the transaction, the director owned 12,921 shares in the company, valued at approximately $3,693,726.27. This trade represents a 23.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 5,695 shares of company stock valued at $1,628,981. 0.51% of the stock is currently owned by insiders.

Cboe Global Markets Trading Down 2.0%

BATS CBOE opened at $286.97 on Thursday. The stock has a market cap of $30.44 billion, a P/E ratio of 147.92 and a beta of 0.61. The company’s fifty day simple moving average is $280.01 and its 200-day simple moving average is $258.04. 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, Inc. has a 52 week low of $200.88 and a 52 week high of $305.68.

Cboe Global Markets (BATS:CBOE) last released its quarterly earnings results on Friday, February 6th. The company reported $3.06 earnings per share for the quarter, beating analysts’ consensus estimates of $2.93 by $0.13. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business had revenue of $671.10 million during the quarter, compared to analyst estimates of $659.59 million. Equities research analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

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

Wall Street Analysts Forecast Growth

CBOE has been the subject of several recent research reports. TD Cowen reissued a “hold” rating on shares of Cboe Global Markets in a research report on Wednesday, January 14th. Loop Capital set a $317.00 price target on shares of Cboe Global Markets in a research report on Monday, February 9th. Zacks Research upgraded Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. Argus raised Cboe Global Markets to a “hold” rating in a research report on Wednesday, March 11th. Finally, Barclays boosted their price objective on Cboe Global Markets from $295.00 to $317.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $279.00.

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.