GPS Wealth Strategies Group LLC Acquires 123 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

GPS Wealth Strategies Group LLC boosted its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 59.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 331 shares of the company’s stock after buying an additional 123 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in Cboe Global Markets were worth $56,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in CBOE. Marion Wealth Management lifted its position in shares of Cboe Global Markets by 0.7% during the 1st quarter. Marion Wealth Management now owns 10,315 shares of the company’s stock valued at $1,895,000 after buying an additional 76 shares in the last quarter. Motley Fool Asset Management LLC lifted its holdings in Cboe Global Markets by 4.3% during the first quarter. Motley Fool Asset Management LLC now owns 2,021 shares of the company’s stock valued at $371,000 after purchasing an additional 83 shares in the last quarter. Texas Permanent School Fund Corp boosted its position in shares of Cboe Global Markets by 0.3% in the first quarter. Texas Permanent School Fund Corp now owns 24,319 shares of the company’s stock worth $4,468,000 after purchasing an additional 84 shares during the period. Czech National Bank increased its stake in shares of Cboe Global Markets by 0.5% in the first quarter. Czech National Bank now owns 18,572 shares of the company’s stock worth $3,412,000 after purchasing an additional 85 shares in the last quarter. Finally, FinTrust Capital Advisors LLC raised its position in shares of Cboe Global Markets by 170.0% during the 1st quarter. FinTrust Capital Advisors LLC now owns 135 shares of the company’s stock valued at $25,000 after purchasing an additional 85 shares during the period. 81.73% of the stock is currently owned by institutional investors.

Insider Activity at Cboe Global Markets

In other news, COO Christopher A. Isaacson sold 6,000 shares of the company’s stock in a transaction that occurred on Friday, June 21st. The shares were sold at an average price of $175.00, for a total value of $1,050,000.00. Following the completion of the sale, the chief operating officer now owns 51,855 shares of the company’s stock, valued at approximately $9,074,625. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Cboe Global Markets news, EVP Catherine R. Clay sold 600 shares of the business’s stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $203.23, for a total value of $121,938.00. Following the completion of the transaction, the executive vice president now directly owns 4,328 shares in the company, valued at $879,579.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Christopher A. Isaacson sold 6,000 shares of the stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $175.00, for a total transaction of $1,050,000.00. Following the sale, the chief operating officer now directly owns 51,855 shares of the company’s stock, valued at $9,074,625. The disclosure for this sale can be found here. Insiders sold 16,565 shares of company stock worth $3,063,663 over the last three months. 0.51% of the stock is owned by corporate insiders.

Cboe Global Markets Trading Up 1.6 %

Shares of CBOE stock traded up $3.18 on Wednesday, reaching $205.46. 1,014,824 shares of the company’s stock were exchanged, compared to its average volume of 636,231. The company’s fifty day simple moving average is $178.93 and its 200 day simple moving average is $181.44. Cboe Global Markets, Inc. has a 52 week low of $103.82 and a 52 week high of $139.00. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. The stock has a market capitalization of $21.79 billion, a PE ratio of 104.12 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings results on Friday, August 2nd. The company reported $2.15 EPS for the quarter, topping the consensus estimate of $2.10 by $0.05. The company had revenue of $513.80 million for the quarter, compared to the consensus estimate of $514.51 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The firm’s revenue was up 10.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.78 EPS. As a group, analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 14th. Stockholders of record on Friday, May 31st were paid a dividend of $0.55 per share. The ex-dividend date was Friday, May 31st. This represents a $2.20 annualized dividend and a dividend yield of 1.07%. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Keefe, Bruyette & Woods increased their target price on Cboe Global Markets from $197.00 to $198.00 and gave the stock a “market perform” rating in a research report on Monday, August 5th. Bank of America lifted their price objective on shares of Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a research report on Friday, April 19th. Piper Sandler reissued an “overweight” rating and issued a $210.00 target price (up previously from $203.00) on shares of Cboe Global Markets in a report on Monday, August 5th. Rosenblatt Securities raised their target price on shares of Cboe Global Markets from $200.00 to $205.00 and gave the company a “buy” rating in a research note on Monday, May 6th. Finally, JPMorgan Chase & Co. upgraded shares of Cboe Global Markets from an “underweight” rating to a “neutral” rating and boosted their price target for the stock from $168.00 to $195.00 in a research note on Monday, August 5th. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $193.33.

Cboe Global Markets 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.