Farther Finance Advisors LLC Acquires 81 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

Farther Finance Advisors LLC raised its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 11.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 777 shares of the company’s stock after buying an additional 81 shares during the period. Farther Finance Advisors LLC’s holdings in Cboe Global Markets were worth $159,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in CBOE. ORG Partners LLC acquired a new position in Cboe Global Markets in the 2nd quarter valued at $30,000. Friedenthal Financial acquired a new stake in shares of Cboe Global Markets in the third quarter valued at about $49,000. Ashton Thomas Private Wealth LLC bought a new position in shares of Cboe Global Markets in the second quarter worth about $51,000. GPS Wealth Strategies Group LLC lifted its position in shares of Cboe Global Markets by 59.1% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 331 shares of the company’s stock worth $56,000 after purchasing an additional 123 shares during the last quarter. Finally, Plato Investment Management Ltd bought a new stake in Cboe Global Markets during the 1st quarter valued at approximately $77,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Insider Transactions at Cboe Global Markets

In related news, CFO Jill Griebenow sold 1,622 shares of the firm’s stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of $213.33, for a total transaction of $346,021.26. Following the sale, the chief financial officer now owns 8,844 shares of the company’s stock, valued at approximately $1,886,690.52. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other news, COO Christopher A. Isaacson sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $204.89, for a total transaction of $1,229,340.00. Following the completion of the transaction, the chief operating officer now directly owns 39,855 shares of the company’s stock, valued at $8,165,890.95. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Jill Griebenow sold 1,622 shares of Cboe Global Markets stock in a transaction on Wednesday, September 4th. The shares were sold at an average price of $213.33, for a total transaction of $346,021.26. Following the completion of the sale, the chief financial officer now owns 8,844 shares in the company, valued at $1,886,690.52. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 7,696 shares of company stock worth $1,591,160. 0.51% of the stock is currently owned by company insiders.

Cboe Global Markets Stock Down 1.5 %

BATS:CBOE opened at $196.86 on Monday. The company has a market cap of $20.88 billion, a price-to-earnings ratio of 101.47 and a beta of 0.61. 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 stock’s fifty day moving average price is $209.13 and its two-hundred day moving average price is $192.44. Cboe Global Markets, Inc. has a 52-week low of $103.82 and a 52-week high of $139.00.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings data on Friday, November 1st. The company reported $2.22 earnings per share for the quarter, topping the consensus estimate of $2.19 by $0.03. The firm had revenue of $532.00 million during the quarter, compared to analysts’ expectations of $530.46 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The company’s quarterly revenue was up 10.7% compared to the same quarter last year. During the same period in the previous year, the business posted $2.06 EPS. On average, analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets declared that its Board of Directors has authorized a share buyback program on Friday, August 16th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the company to repurchase up to 2.3% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Cboe Global Markets Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend is Friday, November 29th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.97%.

Wall Street Analyst Weigh In

CBOE has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft cut their target price on shares of Cboe Global Markets from $214.00 to $212.00 and set a “hold” rating for the company in a research note on Monday, November 4th. Piper Sandler increased their target price on shares of Cboe Global Markets from $210.00 to $220.00 and gave the company an “overweight” rating in a research note on Tuesday, October 8th. Barclays lowered their price target on Cboe Global Markets from $239.00 to $230.00 and set an “overweight” rating on the stock in a research note on Monday, November 4th. Keefe, Bruyette & Woods raised their price objective on Cboe Global Markets from $197.00 to $198.00 and gave the stock a “market perform” rating in a research report on Monday, August 5th. Finally, Morgan Stanley cut Cboe Global Markets from an “equal weight” rating to an “underweight” rating and set a $199.00 price objective on the stock. in a research report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $208.58.

About Cboe Global Markets

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.