Gouws Capital LLC Purchases 4,820 Shares of Cboe Global Markets, Inc. $CBOE

Gouws Capital LLC boosted its position in Cboe Global Markets, Inc. (BATS:CBOE) by 15.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 35,450 shares of the company’s stock after acquiring an additional 4,820 shares during the period. Cboe Global Markets accounts for 4.8% of Gouws Capital LLC’s portfolio, making the stock its 9th largest position. Gouws Capital LLC’s holdings in Cboe Global Markets were worth $9,759,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Oregon Public Employees Retirement Fund grew its position in shares of Cboe Global Markets by 0.3% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 11,993 shares of the company’s stock worth $3,371,000 after buying an additional 33 shares during the period. SHUTTLEWORTH & Co boosted its stake in Cboe Global Markets by 0.5% in the fourth quarter. SHUTTLEWORTH & Co now owns 8,339 shares of the company’s stock valued at $2,093,000 after acquiring an additional 41 shares during the last quarter. Arkadios Wealth Advisors grew its holdings in Cboe Global Markets by 4.7% during the 1st quarter. Arkadios Wealth Advisors now owns 905 shares of the company’s stock worth $254,000 after acquiring an additional 41 shares during the period. Centaurus Financial Inc. grew its holdings in Cboe Global Markets by 1.0% during the 1st quarter. Centaurus Financial Inc. now owns 4,048 shares of the company’s stock worth $1,138,000 after acquiring an additional 42 shares during the period. Finally, Root Financial Partners LLC raised its position in shares of Cboe Global Markets by 19.6% during the 1st quarter. Root Financial Partners LLC now owns 281 shares of the company’s stock valued at $79,000 after acquiring an additional 46 shares during the last quarter. 81.73% of the stock is owned by institutional investors.

Cboe Global Markets Stock Up 3.4%

CBOE stock traded up $10.05 during mid-day trading on Friday, reaching $304.13. The company had a trading volume of 564,184 shares, compared to its average volume of 1,121,770. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The stock has a 50 day simple moving average of $286.77 and a two-hundred day simple moving average of $292.43. Cboe Global Markets, Inc. has a 52 week low of $227.15 and a 52 week high of $371.18. The company has a market capitalization of $32.26 billion, a price-to-earnings ratio of 156.39 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings data on Friday, July 31st. The company reported $3.56 EPS for the quarter, beating analysts’ consensus estimates of $3.49 by $0.07. The company had revenue of $731.60 million during the quarter, compared to the consensus estimate 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 quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter last year, the firm posted $2.46 EPS. As a group, equities analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were given a dividend of $0.86 per share. This represents a $3.44 annualized dividend and a yield of 1.1%. This is a boost from Cboe Global Markets’s previous quarterly dividend of $0.72. The ex-dividend date was Monday, August 31st. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

Insider Transactions at Cboe Global Markets

In other Cboe Global Markets news, Director Janet Froetscher sold 937 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was 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 of the company’s stock, valued at $3,590,086.50. This represents a 6.79% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on CBOE shares. TD Cowen raised Cboe Global Markets from a “hold” rating to a “buy” rating and increased their target price for the company from $315.00 to $334.00 in a research note on Monday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a research note on Monday, August 3rd. Piper Sandler reduced their price objective on shares of Cboe Global Markets from $355.00 to $320.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 15th. Morgan Stanley upgraded shares of Cboe Global Markets from an “underweight” rating to an “overweight” rating and boosted their price objective for the company from $258.00 to $358.00 in a report on Friday. Finally, Barclays lowered their target price on shares of Cboe Global Markets from $354.00 to $343.00 and set an “overweight” rating for the company in a research note on Wednesday. Five equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $320.45.

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.