705 Shares in Cboe Global Markets, Inc. (BATS:CBOE) Bought by Washington Trust Advisors Inc.

Washington Trust Advisors Inc. purchased a new stake in Cboe Global Markets, Inc. (BATS:CBOE) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 705 shares of the company’s stock, valued at approximately $144,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Americana Partners LLC lifted its stake in shares of Cboe Global Markets by 2.2% in the third quarter. Americana Partners LLC now owns 2,498 shares of the company’s stock valued at $512,000 after buying an additional 54 shares during the period. Regal Investment Advisors LLC raised its holdings in Cboe Global Markets by 0.3% in the 2nd quarter. Regal Investment Advisors LLC now owns 22,274 shares of the company’s stock valued at $3,788,000 after acquiring an additional 56 shares in the last quarter. First Horizon Advisors Inc. lifted its position in shares of Cboe Global Markets by 9.7% in the 2nd quarter. First Horizon Advisors Inc. now owns 713 shares of the company’s stock worth $121,000 after acquiring an additional 63 shares during the period. Kendall Capital Management grew its holdings in shares of Cboe Global Markets by 0.9% during the 2nd quarter. Kendall Capital Management now owns 9,410 shares of the company’s stock worth $1,600,000 after purchasing an additional 80 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its position in Cboe Global Markets by 11.6% in the third quarter. Farther Finance Advisors LLC now owns 777 shares of the company’s stock worth $159,000 after purchasing an additional 81 shares during the period. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on CBOE shares. Morgan Stanley cut shares of Cboe Global Markets from an “equal weight” rating to an “underweight” rating and set a $199.00 price objective for the company. in a research note on Wednesday. Keefe, Bruyette & Woods increased their price target on shares of 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. Deutsche Bank Aktiengesellschaft decreased their price objective on Cboe Global Markets from $214.00 to $212.00 and set a “hold” rating on the stock in a report on Monday, November 4th. Royal Bank of Canada reissued a “sector perform” rating and issued a $220.00 target price on shares of Cboe Global Markets in a report on Monday, November 4th. Finally, Barclays lowered their price target on Cboe Global Markets from $239.00 to $230.00 and set an “overweight” rating on the stock in a research report on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, Cboe Global Markets presently has a consensus rating of “Hold” and a consensus target price of $208.58.

Insider Buying and Selling at Cboe Global Markets

In related news, CFO Jill Griebenow sold 1,622 shares of the business’s stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of $213.33, for a total transaction of $346,021.26. Following the completion of the sale, the chief financial officer now directly owns 8,844 shares of the company’s stock, valued at $1,886,690.52. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. In related news, CFO Jill Griebenow sold 1,622 shares of Cboe Global Markets stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of $213.33, for a total transaction of $346,021.26. Following the completion of the sale, the chief financial officer now directly owns 8,844 shares of the company’s stock, valued at $1,886,690.52. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Christopher A. Isaacson sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $204.89, for a total value of $1,229,340.00. Following the transaction, the chief operating officer now owns 39,855 shares in the company, valued at approximately $8,165,890.95. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 7,696 shares of company stock worth $1,591,160. Company insiders own 0.51% of the company’s stock.

Cboe Global Markets Trading Down 1.5 %

Shares of BATS CBOE opened at $196.86 on Friday. Cboe Global Markets, Inc. has a 1-year low of $103.82 and a 1-year high of $139.00. The company has a 50-day moving average of $209.13 and a two-hundred day moving average of $192.35. The company has a market cap of $20.88 billion, a PE ratio of 101.47 and a beta of 0.61. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings data on Friday, November 1st. The company reported $2.22 earnings per share for the quarter, topping the consensus estimate of $2.19 by $0.03. The firm had revenue of $532.00 million during the quarter, compared to analysts’ expectations of $530.46 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. Cboe Global Markets’s revenue was up 10.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.06 EPS. As a group, equities analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be issued a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $2.52 annualized dividend and a yield of 1.28%. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

Cboe Global Markets announced that its board has authorized a stock buyback program on Friday, August 16th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the company to repurchase up to 2.3% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

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.