Nisa Investment Advisors LLC Purchases 138,238 Shares of Cboe Global Markets, Inc. $CBOE

Nisa Investment Advisors LLC boosted its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 1,007.6% in the 3rd quarter, Holdings Channel.com reports. The fund owned 151,957 shares of the company’s stock after purchasing an additional 138,238 shares during the period. Nisa Investment Advisors LLC’s holdings in Cboe Global Markets were worth $41,832,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. BlackRock Inc. purchased a new stake in Cboe Global Markets in the 2nd quarter worth approximately $2,474,799,000. Deutsche Bank AG bought a new position in Cboe Global Markets in the 2nd quarter valued at $491,465,000. Jupiter Topco LLC purchased a new position in shares of Cboe Global Markets during the 2nd quarter valued at $304,917,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Cboe Global Markets by 5.5% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 987,606 shares of the company’s stock valued at $239,662,000 after purchasing an additional 51,784 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its holdings in shares of Cboe Global Markets by 2.0% in the third quarter. Robeco Institutional Asset Management B.V. now owns 875,775 shares of the company’s stock worth $236,512,000 after purchasing an additional 17,321 shares during the period. Institutional investors own 81.73% of the company’s stock.

Analysts Set New Price Targets

CBOE has been the topic of a number of recent analyst reports. Zacks Research downgraded Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 8th. TD Cowen upped their target price on Cboe Global Markets from $334.00 to $342.00 and gave the stock a “buy” rating in a research note on Monday, October 12th. JPMorgan Chase & Co. upped their target price on Cboe Global Markets from $277.00 to $288.00 and gave the stock an “underweight” rating in a research note on Tuesday, July 28th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a report on Monday, August 3rd. Finally, Loop Capital set a $343.00 price target on Cboe Global Markets in a research report on Wednesday, October 7th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $321.91.

Cboe Global Markets Stock Performance

BATS CBOE opened at $315.00 on Wednesday. Cboe Global Markets, Inc. has a 52-week low of $227.15 and a 52-week high of $371.18. 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 $33.41 billion, a P/E ratio of 162.37 and a beta of 0.61. The company has a fifty day moving average of $289.05 and a 200-day moving average of $293.85.

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 the consensus estimate of $3.49 by $0.07. The company had revenue of $731.60 million during 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 firm’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same period in the previous year, the business earned $2.46 earnings per share. As a group, equities research analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Increases Dividend

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

Insider Activity at Cboe Global Markets

In related news, Director Janet Froetscher sold 937 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $278.95, for a total transaction of $261,376.15. Following the transaction, the director directly owned 12,870 shares of the company’s stock, valued at approximately $3,590,086.50. This trade represents a 6.79% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.51% of the company’s stock.

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.