United Capital Financial Advisors LLC Buys Shares of 3,567 Cboe Global Markets, Inc. $CBOE

United Capital Financial Advisors LLC bought a new position in Cboe Global Markets, Inc. (BATS:CBOE) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,567 shares of the company’s stock, valued at approximately $866,000.

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

Cboe Global Markets Price Performance

CBOE opened at $310.45 on Monday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. The company has a market capitalization of $32.93 billion, a PE ratio of 160.03 and a beta of 0.61. The stock’s fifty day moving average is $279.40 and its 200-day moving average is $294.17. Cboe Global Markets, Inc. has a one year low of $227.15 and a one year high of $371.18.

Cboe Global Markets (BATS:CBOE) last announced its earnings results on Friday, July 31st. The company reported $3.56 earnings per share for the quarter, beating the consensus estimate of $3.49 by $0.07. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The business had revenue of $731.60 million during the quarter, compared to analysts’ expectations of $716.61 million. During the same quarter last year, the business posted $2.46 earnings per share. The company’s quarterly revenue was up 24.6% on a year-over-year basis. On average, equities analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Increases Dividend

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

Insiders Place Their Bets

In other Cboe Global Markets news, Director Janet P. Froetscher sold 937 shares of the company’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $278.95, for a total value of $261,376.15. Following the completion of the sale, the director directly owned 12,870 shares of the company’s stock, valued at approximately $3,590,086.50. This represents a 6.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. UBS Group boosted their price target on Cboe Global Markets from $305.00 to $335.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Barclays raised their price target on Cboe Global Markets from $347.00 to $354.00 and gave the company an “overweight” rating in a report on Monday, August 3rd. Zacks Research cut shares of Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 8th. Piper Sandler reduced their price objective on shares of Cboe Global Markets from $355.00 to $320.00 and set an “overweight” rating for the company in a report on Wednesday, July 15th. Finally, Loop Capital set a $380.00 target price on shares of Cboe Global Markets in a research report on Monday, August 3rd. Three research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Cboe Global Markets currently has an average rating of “Hold” and a consensus price target of $315.30.

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.