9,732 Shares in Cboe Global Markets, Inc. $CBOE Bought by Norris Financial Group LLC

Norris Financial Group LLC bought a new stake in Cboe Global Markets, Inc. (BATS:CBOE) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 9,732 shares of the company’s stock, valued at approximately $2,735,000.

A number of other large investors have also recently bought and sold shares of the business. Sound Income Strategies LLC boosted its position in shares of Cboe Global Markets by 102.2% during the 4th quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $25,000 after purchasing an additional 46 shares in the last quarter. University of Texas Texas AM Investment Management Co. bought a new stake in Cboe Global Markets in the fourth quarter worth approximately $26,000. NFSG Corp acquired a new position in Cboe Global Markets in the first quarter valued at approximately $31,000. Western Wealth Management LLC bought a new position in shares of Cboe Global Markets during the 1st quarter worth approximately $36,000. Finally, Elyxium Wealth LLC acquired a new stake in shares of Cboe Global Markets during the 4th quarter worth approximately $33,000. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Cboe Global Markets

In other Cboe Global Markets news, Director Janet P. Froetscher sold 1,223 shares of Cboe Global Markets stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $358.09, for a total transaction of $437,944.07. Following the completion of the transaction, the director owned 13,807 shares in the company, valued at approximately $4,944,148.63. The trade was a 8.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.51% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on CBOE. Loop Capital set a $288.00 target price on shares of Cboe Global Markets in a research report on Tuesday. Piper Sandler decreased their price target on shares of Cboe Global Markets from $355.00 to $320.00 and set an “overweight” rating for the company in a research note on Wednesday, July 15th. Barclays cut their price objective on shares of Cboe Global Markets from $382.00 to $347.00 and set an “overweight” rating on the stock in a research report on Thursday, July 9th. Erste Group Bank downgraded Cboe Global Markets from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. Finally, Morgan Stanley reaffirmed an “underweight” rating and set a $258.00 price target on shares of Cboe Global Markets in a research note on Friday, July 10th. Four investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Cboe Global Markets has a consensus rating of “Hold” and an average price target of $300.73.

Cboe Global Markets Stock Performance

CBOE opened at $296.52 on Friday. Cboe Global Markets, Inc. has a 1-year low of $227.15 and a 1-year high of $371.18. The company has a market cap of $31.45 billion, a price-to-earnings ratio of 152.85 and a beta of 0.61. The company’s fifty day moving average price is $280.97 and its two-hundred day moving average price is $290.37. 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 issued its quarterly earnings data on Friday, May 1st. The company reported $3.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.37 by $0.33. The firm had revenue of $728.90 million during the quarter, compared to analysts’ expectations of $688.36 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business’s revenue was up 29.0% on a year-over-year basis. During the same period last year, the company earned $2.50 earnings per share. On average, analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were given a $0.72 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $2.88 annualized dividend and a yield of 1.0%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

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.