Cboe Global Markets Inc (CBOE) Shares Sold by United Services Automobile Association

United Services Automobile Association reduced its holdings in shares of Cboe Global Markets Inc (NASDAQ:CBOE) by 26.9% in the second quarter, according to its most recent filing with the SEC. The fund owned 50,274 shares of the financial services provider’s stock after selling 18,458 shares during the period. United Services Automobile Association’s holdings in Cboe Global Markets were worth $5,232,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Royal London Asset Management Ltd. bought a new stake in shares of Cboe Global Markets during the 2nd quarter worth approximately $4,988,000. Advisors Asset Management Inc. lifted its stake in shares of Cboe Global Markets by 21.7% during the 2nd quarter. Advisors Asset Management Inc. now owns 3,960 shares of the financial services provider’s stock worth $412,000 after acquiring an additional 706 shares during the last quarter. Andra AP fonden lifted its stake in shares of Cboe Global Markets by 2.8% during the 2nd quarter. Andra AP fonden now owns 48,000 shares of the financial services provider’s stock worth $4,995,000 after acquiring an additional 1,300 shares during the last quarter. Verition Fund Management LLC lifted its stake in shares of Cboe Global Markets by 16.1% during the 2nd quarter. Verition Fund Management LLC now owns 5,942 shares of the financial services provider’s stock worth $618,000 after acquiring an additional 826 shares during the last quarter. Finally, Millennium Management LLC lifted its stake in shares of Cboe Global Markets by 68.6% during the 2nd quarter. Millennium Management LLC now owns 507,841 shares of the financial services provider’s stock worth $52,851,000 after acquiring an additional 206,634 shares during the last quarter. 81.98% of the stock is owned by hedge funds and other institutional investors.

In other news, VP Christopher A. Isaacson sold 8,720 shares of Cboe Global Markets stock in a transaction on Thursday, August 30th. The stock was sold at an average price of $100.03, for a total value of $872,261.60. Following the transaction, the vice president now directly owns 86,220 shares in the company, valued at approximately $8,624,586.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Frank E. Jr. English sold 1,185 shares of Cboe Global Markets stock in a transaction on Tuesday, September 11th. The shares were sold at an average price of $104.17, for a total value of $123,441.45. Following the completion of the transaction, the director now owns 4,137 shares in the company, valued at $430,951.29. The disclosure for this sale can be found here. Company insiders own 0.89% of the company’s stock.

CBOE has been the subject of a number of research analyst reports. BidaskClub lowered Cboe Global Markets from a “hold” rating to a “sell” rating in a research note on Thursday, August 2nd. Raymond James raised Cboe Global Markets from a “market perform” rating to an “outperform” rating in a research note on Monday, August 20th. Zacks Investment Research raised Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Tuesday, July 31st. Jefferies Financial Group reissued a “hold” rating and set a $105.00 price target on shares of Cboe Global Markets in a research note on Sunday, July 15th. Finally, Barclays decreased their price target on Cboe Global Markets from $110.00 to $107.00 and set an “equal weight” rating for the company in a research note on Monday, July 30th. Ten analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $115.40.

CBOE opened at $100.11 on Friday. The firm has a market cap of $11.65 billion, a price-to-earnings ratio of 29.27, a PEG ratio of 1.95 and a beta of 0.52. Cboe Global Markets Inc has a 52 week low of $91.10 and a 52 week high of $138.54. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.29.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings data on Friday, August 3rd. The financial services provider reported $1.05 EPS for the quarter, topping the consensus estimate of $1.03 by $0.02. The company had revenue of $283.50 million for the quarter, compared to the consensus estimate of $278.57 million. Cboe Global Markets had a return on equity of 14.16% and a net margin of 19.22%. Cboe Global Markets’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period last year, the business posted $0.87 EPS. On average, equities research analysts forecast that Cboe Global Markets Inc will post 4.54 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 14th. Shareholders of record on Friday, August 31st were issued a dividend of $0.31 per share. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.27. This represents a $1.24 annualized dividend and a yield of 1.24%. The ex-dividend date of this dividend was Thursday, August 30th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 36.26%.

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

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