Van Berkom & Associates Inc. raised its holdings in Cboe Global Markets Inc (NASDAQ:CBOE) by 0.8% in the second quarter, Holdings Channel reports. The fund owned 733,440 shares of the financial services provider’s stock after acquiring an additional 5,885 shares during the quarter. Cboe Global Markets makes up about 2.2% of Van Berkom & Associates Inc.’s investment portfolio, making the stock its 17th largest position. Van Berkom & Associates Inc.’s holdings in Cboe Global Markets were worth $76,329,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Dupont Capital Management Corp acquired a new stake in Cboe Global Markets in the first quarter valued at approximately $105,000. Piedmont Investment Advisors LLC acquired a new stake in Cboe Global Markets in the second quarter valued at approximately $133,000. Point72 Asia Hong Kong Ltd acquired a new stake in Cboe Global Markets in the first quarter valued at approximately $156,000. Cerebellum GP LLC acquired a new stake in Cboe Global Markets in the second quarter valued at approximately $178,000. Finally, Schroder Investment Management Group acquired a new stake in Cboe Global Markets in the first quarter valued at approximately $218,000. Hedge funds and other institutional investors own 85.40% of the company’s stock.

In related news, VP Christopher A. Isaacson sold 8,720 shares of the business’s stock in a transaction on Wednesday, June 6th. The shares were sold at an average price of $100.02, for a total transaction of $872,174.40. Following the transaction, the vice president now owns 86,220 shares of the company’s stock, valued at $8,623,724.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Christopher R. Concannon bought 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 30th. The shares were bought at an average cost of $99.44 per share, for a total transaction of $994,400.00. Following the transaction, the chief operating officer now directly owns 152,526 shares of the company’s stock, valued at approximately $15,167,185.44. The disclosure for this purchase can be found here. Insiders own 0.89% of the company’s stock.

A number of research firms have issued reports on CBOE. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $94.00 target price (down from $102.00) on shares of Cboe Global Markets in a research note on Wednesday, May 30th. BidaskClub upgraded shares of Cboe Global Markets from a “strong sell” rating to a “sell” rating in a research note on Friday. Compass Point assumed coverage on shares of Cboe Global Markets in a research report on Monday, July 9th. They issued a “buy” rating and a $115.00 price target on the stock. Barclays dropped their price target on shares of Cboe Global Markets from $110.00 to $107.00 and set an “equal weight” rating on the stock in a research report on Monday, July 30th. Finally, Zacks Investment Research lowered shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a research report on Tuesday, July 10th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $118.69.

Shares of NASDAQ:CBOE traded down $0.87 during trading on Tuesday, reaching $97.91. The stock had a trading volume of 8,169 shares, compared to its average volume of 856,005. Cboe Global Markets Inc has a 52 week low of $91.10 and a 52 week high of $138.54. The firm has a market cap of $10.71 billion, a price-to-earnings ratio of 28.80, a P/E/G ratio of 1.80 and a beta of 0.58. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.29.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings results on Friday, August 3rd. The financial services provider reported $1.05 EPS for the quarter, beating the Zacks’ consensus estimate of $1.03 by $0.02. Cboe Global Markets had a net margin of 19.22% and a return on equity of 14.16%. The company had revenue of $283.50 million for the quarter, compared to analyst estimates of $278.57 million. During the same quarter last year, the firm posted $0.87 earnings per share. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. research analysts predict that Cboe Global Markets Inc will post 4.52 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 14th. Investors of record on Friday, August 31st will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Thursday, August 30th. This represents a $1.24 dividend on an annualized basis and a yield of 1.27%. This is a positive change from Cboe Global Markets’s previous quarterly dividend of $0.27. Cboe Global Markets’s payout ratio is 31.58%.

About Cboe Global Markets

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange in the United States. The company operates in five segments: Options, U.S. Equities, Futures, European Equities, and Global FX. The Options segment trades in listed market indexes. The U.S. Equities segment trades in listed cash equities; and provides exchange-traded products (ETP) transaction and ETP listing services.

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Institutional Ownership by Quarter for Cboe Global Markets (NASDAQ:CBOE)

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