Cboe Global Markets, Inc. $CBOE Shares Bought by Bank of Nova Scotia

Bank of Nova Scotia grew its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 461.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 73,050 shares of the company’s stock after acquiring an additional 60,047 shares during the period. Bank of Nova Scotia owned about 0.07% of Cboe Global Markets worth $17,916,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in CBOE. Sagespring Wealth Partners LLC increased its holdings in Cboe Global Markets by 4.1% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 1,060 shares of the company’s stock valued at $260,000 after purchasing an additional 42 shares in the last quarter. Aprio Wealth Management LLC lifted its stake in shares of Cboe Global Markets by 3.1% during the third quarter. Aprio Wealth Management LLC now owns 1,432 shares of the company’s stock worth $351,000 after purchasing an additional 43 shares in the last quarter. IHT Wealth Management LLC lifted its stake in shares of Cboe Global Markets by 4.5% during the second quarter. IHT Wealth Management LLC now owns 1,021 shares of the company’s stock worth $238,000 after purchasing an additional 44 shares in the last quarter. Dorsey & Whitney Trust CO LLC boosted its position in shares of Cboe Global Markets by 3.2% in the second quarter. Dorsey & Whitney Trust CO LLC now owns 1,498 shares of the company’s stock worth $349,000 after buying an additional 46 shares during the period. Finally, Concurrent Investment Advisors LLC boosted its position in shares of Cboe Global Markets by 3.3% in the third quarter. Concurrent Investment Advisors LLC now owns 1,438 shares of the company’s stock worth $353,000 after buying an additional 46 shares during the period. Institutional investors and hedge funds own 81.73% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on CBOE shares. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $303.00 target price on shares of Cboe Global Markets in a research note on Monday, February 9th. Morgan Stanley upped their price target on Cboe Global Markets from $221.00 to $240.00 and gave the stock an “underweight” rating in a report on Monday, December 22nd. Barclays increased their price objective on shares of Cboe Global Markets from $295.00 to $317.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Loop Capital set a $317.00 price objective on shares of Cboe Global Markets in a research note on Monday, February 9th. Finally, TD Cowen reissued a “hold” rating on shares of Cboe Global Markets in a research report on Wednesday, January 14th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $279.00.

Cboe Global Markets Trading Up 0.6%

BATS:CBOE opened at $291.78 on Tuesday. The stock has a market cap of $30.95 billion, a price-to-earnings ratio of 150.40 and a beta of 0.61. Cboe Global Markets, Inc. has a one year low of $200.88 and a one year high of $305.68. 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 business’s 50-day simple moving average is $278.50 and its 200 day simple moving average is $257.43.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings data on Friday, February 6th. The company reported $3.06 earnings per share for the quarter, beating analysts’ consensus estimates of $2.93 by $0.13. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The firm had revenue of $671.10 million during the quarter, compared to analyst estimates of $659.59 million. As a group, sell-side analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Friday, February 27th were given a dividend of $0.72 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.0%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

Insider Transactions at Cboe Global Markets

In related news, CAO Allen Wilkinson sold 248 shares of Cboe Global Markets stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $292.79, for a total value of $72,611.92. Following the completion of the sale, the chief accounting officer owned 410 shares in the company, valued at approximately $120,043.90. The trade was a 37.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Edward J. Fitzpatrick sold 3,947 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $285.87, for a total transaction of $1,128,328.89. Following the completion of the sale, the director directly owned 12,921 shares in the company, valued at $3,693,726.27. This represents a 23.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 5,695 shares of company stock valued at $1,628,981. 0.51% of the stock is currently owned by corporate insiders.

Cboe Global Markets Company 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.