GAM Holding AG increased its stake in shares of Cboe Global Markets Inc (NASDAQ:CBOE) by 59.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 16,302 shares of the financial services provider’s stock after acquiring an additional 6,067 shares during the period. GAM Holding AG’s holdings in Cboe Global Markets were worth $1,564,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Braun Bostich & Associates Inc. increased its holdings in shares of Cboe Global Markets by 1,391.0% during the 2nd quarter. Braun Bostich & Associates Inc. now owns 999 shares of the financial services provider’s stock valued at $104,000 after acquiring an additional 932 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. increased its holdings in shares of Cboe Global Markets by 83.2% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,196 shares of the financial services provider’s stock valued at $115,000 after acquiring an additional 543 shares during the last quarter. Piedmont Investment Advisors LLC acquired a new position in shares of Cboe Global Markets during the 2nd quarter valued at about $133,000. Dupont Capital Management Corp increased its holdings in shares of Cboe Global Markets by 65.8% during the 2nd quarter. Dupont Capital Management Corp now owns 1,529 shares of the financial services provider’s stock valued at $159,000 after acquiring an additional 607 shares during the last quarter. Finally, Commonwealth Equity Services LLC acquired a new position in shares of Cboe Global Markets during the 2nd quarter valued at about $202,000. 81.98% of the stock is currently owned by institutional investors and hedge funds.
CBOE opened at $103.90 on Thursday. Cboe Global Markets Inc has a 12-month low of $91.10 and a 12-month high of $138.54.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 14th. Shareholders of record on Friday, November 30th will be given a $0.31 dividend. The ex-dividend date of this dividend is Thursday, November 29th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.19%.
In other Cboe Global Markets news, VP Christopher A. Isaacson sold 8,719 shares of the firm’s stock in a transaction that occurred on Tuesday, November 27th. The stock was sold at an average price of $106.48, for a total value of $928,399.12. Following the completion of the sale, the vice president now owns 70,000 shares in the company, valued at approximately $7,453,600. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Frank E. Jr. English sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, November 5th. The stock was sold at an average price of $113.55, for a total value of $113,550.00. Following the completion of the sale, the director now owns 3,137 shares of the company’s stock, valued at approximately $356,206.35. The disclosure for this sale can be found here. Insiders sold a total of 10,904 shares of company stock valued at $1,165,391 in the last quarter. Corporate insiders own 0.89% of the company’s stock.
CBOE has been the topic of a number of analyst reports. Raymond James raised Cboe Global Markets from a “market perform” rating to an “outperform” rating in a report on Monday, August 20th. BidaskClub lowered Cboe Global Markets from a “sell” rating to a “strong sell” rating in a report on Saturday, August 11th. Wells Fargo & Co reaffirmed a “buy” rating on shares of Cboe Global Markets in a report on Friday, November 2nd. JPMorgan Chase & Co. raised their target price on Cboe Global Markets from $92.00 to $105.00 and gave the company a “hold” rating in a report on Wednesday, October 24th. Finally, Rosenblatt Securities began coverage on Cboe Global Markets in a report on Wednesday, September 5th. They issued a “buy” rating and a $115.00 target price on the stock. Nine investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $116.29.
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.
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