Prudential Financial Inc. trimmed its holdings in Cboe Global Markets Inc (NASDAQ:CBOE) by 1.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 122,433 shares of the financial services provider’s stock after selling 1,511 shares during the quarter. Prudential Financial Inc. owned approximately 0.11% of Cboe Global Markets worth $11,749,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of the business. JPMorgan Chase & Co. raised its holdings in Cboe Global Markets by 15.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 131,663 shares of the financial services provider’s stock valued at $12,635,000 after buying an additional 17,974 shares during the period. Arnhold LLC purchased a new stake in Cboe Global Markets during the 3rd quarter valued at $8,364,000. SG Americas Securities LLC raised its holdings in Cboe Global Markets by 315.5% during the 3rd quarter. SG Americas Securities LLC now owns 21,580 shares of the financial services provider’s stock valued at $2,071,000 after buying an additional 16,386 shares during the period. LSV Asset Management purchased a new stake in Cboe Global Markets during the 3rd quarter valued at $1,108,000. Finally, Unigestion Holding SA raised its holdings in Cboe Global Markets by 151.7% during the 3rd quarter. Unigestion Holding SA now owns 464,514 shares of the financial services provider’s stock valued at $44,575,000 after buying an additional 279,978 shares during the period. Institutional investors and hedge funds own 81.98% of the company’s stock.
In other Cboe Global Markets news, VP Christopher A. Isaacson sold 8,719 shares of the stock in a transaction 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 sale, the vice president now owns 70,000 shares in the company, valued at $7,453,600. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Frank E. Jr. English sold 1,000 shares of the stock in a transaction 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 transaction, the director now directly owns 3,137 shares in the company, valued at approximately $356,206.35. The disclosure for this sale can be found here. In the last quarter, insiders sold 10,904 shares of company stock worth $1,165,391. Insiders own 0.89% of the company’s stock.
CBOE stock opened at $107.62 on Monday. Cboe Global Markets Inc has a twelve month low of $91.10 and a twelve month high of $138.54.
Cboe Global Markets (NASDAQ:CBOE) last released its earnings results on Friday, November 2nd. The financial services provider reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.05. The business had revenue of $270.50 million during the quarter, compared to analysts’ expectations of $269.08 million. During the same quarter in the previous year, the business earned $0.89 EPS. The business’s revenue for the quarter was up .3% on a year-over-year basis.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 14th. Shareholders of record on Friday, November 30th will be paid a $0.31 dividend. The ex-dividend date is Thursday, November 29th. This represents a $1.24 dividend on an annualized basis and a yield of 1.15%.
CBOE has been the topic of several recent research reports. BidaskClub lowered Cboe Global Markets from a “sell” rating to a “strong sell” rating in a report on Saturday, August 11th. Raymond James upgraded Cboe Global Markets from a “market perform” rating to an “outperform” rating in a report on Monday, August 20th. Rosenblatt Securities initiated coverage on Cboe Global Markets in a report on Wednesday, September 5th. They set a “buy” rating and a $115.00 price target on the stock. Zacks Investment Research upgraded Cboe Global Markets from a “hold” rating to a “buy” rating and set a $108.00 price target on the stock in a report on Wednesday, October 3rd. Finally, JPMorgan Chase & Co. increased their price target on Cboe Global Markets from $92.00 to $105.00 and gave the company a “hold” rating in a report on Wednesday, October 24th. Nine analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $116.29.
Cboe Global Markets 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.
Further Reading: Consumer Price Index (CPI)
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