Bank of Nova Scotia Has $11.83 Million Position in Cboe Global Markets, Inc. (BATS:CBOE)

Bank of Nova Scotia reduced its position in shares of Cboe Global Markets, Inc. (BATS:CBOEGet Rating) by 59.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 104,557 shares of the company’s stock after selling 151,191 shares during the period. Bank of Nova Scotia owned about 0.10% of Cboe Global Markets worth $11,834,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of CBOE. Clear Street Markets LLC raised its holdings in Cboe Global Markets by 406.8% during the second quarter. Clear Street Markets LLC now owns 223 shares of the company’s stock worth $25,000 after acquiring an additional 179 shares in the last quarter. CX Institutional bought a new stake in Cboe Global Markets during the second quarter worth about $30,000. Prospera Financial Services Inc bought a new stake in Cboe Global Markets during the first quarter worth about $43,000. Quent Capital LLC bought a new stake in Cboe Global Markets during the first quarter worth about $60,000. Finally, Total Clarity Wealth Management Inc. bought a new stake in Cboe Global Markets during the second quarter worth about $69,000. 81.73% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently issued reports on CBOE shares. Credit Suisse Group upped their target price on Cboe Global Markets from $145.00 to $159.00 and gave the stock a “neutral” rating in a report on Monday, November 7th. The Goldman Sachs Group upgraded Cboe Global Markets from a “sell” rating to a “neutral” rating and upped their price objective for the company from $120.00 to $126.00 in a research note on Friday, September 30th. Deutsche Bank Aktiengesellschaft upped their price objective on Cboe Global Markets from $137.00 to $148.00 in a research note on Monday, November 7th. TheStreet upgraded Cboe Global Markets from a “c+” rating to a “b” rating in a research note on Friday, November 4th. Finally, Citigroup started coverage on Cboe Global Markets in a research note on Tuesday, October 11th. They issued a “neutral” rating and a $130.00 price objective on the stock. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $144.71.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, EVP Catherine R. Clay sold 1,182 shares of the business’s stock in a transaction on Wednesday, September 7th. The shares were sold at an average price of $124.28, for a total transaction of $146,898.96. Following the sale, the executive vice president now owns 3,470 shares of the company’s stock, valued at approximately $431,251.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CFO Brian N. Schell sold 7,303 shares of the company’s stock in a transaction on Monday, October 3rd. The shares were sold at an average price of $117.11, for a total value of $855,254.33. Following the transaction, the chief financial officer now owns 11,170 shares of the company’s stock, valued at $1,308,118.70. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Catherine R. Clay sold 1,182 shares of the company’s stock in a transaction on Wednesday, September 7th. The stock was sold at an average price of $124.28, for a total transaction of $146,898.96. Following the completion of the transaction, the executive vice president now directly owns 3,470 shares in the company, valued at approximately $431,251.60. The disclosure for this sale can be found here. Insiders own 0.51% of the company’s stock.

Cboe Global Markets Price Performance

Shares of BATS CBOE opened at $115.10 on Monday. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. The firm has a market cap of $12.21 billion, a P/E ratio of 59.33 and a beta of 0.61. The business’s 50 day moving average is $121.03 and its 200-day moving average is $119.74. Cboe Global Markets, Inc. has a 1-year low of $103.82 and a 1-year high of $139.00.

Cboe Global Markets (BATS:CBOEGet Rating) last issued its earnings results on Friday, November 4th. The company reported $1.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.09. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business had revenue of $442.40 million for the quarter, compared to analysts’ expectations of $441.61 million. During the same quarter in the previous year, the firm posted $1.45 EPS. The business’s revenue for the quarter was up 19.7% compared to the same quarter last year. Equities research analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 15th. Shareholders of record on Wednesday, August 31st were issued a dividend of $0.48 per share. The ex-dividend date was Tuesday, August 30th. This represents a $1.92 dividend on an annualized basis and a yield of 1.67%. Cboe Global Markets’s payout ratio is 98.97%.

Cboe Global Markets Company Profile

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Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through five segments: Options, North American Equities, Futures, Europe and Asia Pacific, and Global FX. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S.

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

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