Aperio Group LLC reduced its position in Cboe Global Markets Inc (NASDAQ:CBOE) by 33.7% during the second quarter, HoldingsChannel reports. The institutional investor owned 45,640 shares of the financial services provider’s stock after selling 23,204 shares during the quarter. Aperio Group LLC’s holdings in Cboe Global Markets were worth $4,750,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Dupont Capital Management Corp bought a new stake in shares of Cboe Global Markets in the 1st quarter valued at about $105,000. Piedmont Investment Advisors LLC bought a new stake in shares of Cboe Global Markets in the 2nd quarter valued at about $133,000. Point72 Asia Hong Kong Ltd bought a new stake in shares of Cboe Global Markets in the 1st quarter valued at about $156,000. Envestnet Asset Management Inc. boosted its holdings in shares of Cboe Global Markets by 40.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,604 shares of the financial services provider’s stock valued at $200,000 after buying an additional 466 shares in the last quarter. Finally, Cerebellum GP LLC bought a new stake in shares of Cboe Global Markets in the 2nd quarter valued at about $178,000. Institutional investors and hedge funds own 84.15% of the company’s stock.
A number of research firms have recently weighed in on CBOE. BidaskClub cut shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a report on Wednesday, April 18th. JPMorgan Chase & Co. upgraded shares of Cboe Global Markets from an “underweight” rating to a “neutral” rating in a report on Tuesday, June 26th. Zacks Investment Research cut shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a report on Tuesday, July 10th. Compass Point began coverage on shares of Cboe Global Markets in a report on Monday, July 9th. They issued a “buy” rating and a $115.00 price target on the stock. Finally, Jefferies Financial Group restated a “hold” rating and issued a $105.00 price target on shares of Cboe Global Markets in a report on Sunday, July 15th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the company’s stock. Cboe Global Markets presently has an average rating of “Hold” and a consensus price target of $118.69.
Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings data on Friday, August 3rd. The financial services provider reported $1.05 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.03 by $0.02. The firm had revenue of $283.50 million during the quarter, compared to analyst estimates of $278.57 million. Cboe Global Markets had a net margin of 19.22% and a return on equity of 14.16%. Cboe Global Markets’s revenue was up 6.2% on a year-over-year basis. During the same period last year, the firm posted $0.87 EPS. analysts expect that Cboe Global Markets Inc will post 4.52 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 14th. Investors of record on Friday, August 31st will be given a $0.31 dividend. This is a positive change from Cboe Global Markets’s previous quarterly dividend of $0.27. This represents a $1.24 annualized dividend and a dividend yield of 1.33%. The ex-dividend date of this dividend is Thursday, August 30th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 31.58%.
In related news, VP Brian N. Schell sold 5,000 shares of the stock in a transaction that occurred on Friday, May 18th. The shares were sold at an average price of $108.30, for a total value of $541,500.00. Following the completion of the transaction, the vice president now directly owns 50,541 shares of the company’s stock, valued at approximately $5,473,590.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Christopher R. Concannon acquired 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 30th. The stock was bought at an average cost of $99.44 per share, with a total value of $994,400.00. Following the completion of the transaction, the chief operating officer now directly owns 152,526 shares in the company, valued at $15,167,185.44. The disclosure for this purchase can be found here. Company insiders own 0.89% of the company’s stock.
Cboe Global Markets Company Profile
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.
Read More: Leveraged Buyout (LBO)
Want to see what other hedge funds are holding CBOE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cboe Global Markets Inc (NASDAQ:CBOE).
Receive News & Ratings for Cboe Global Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cboe Global Markets and related companies with MarketBeat.com's FREE daily email newsletter.