Banco Santander S.A. Takes $635,000 Position in Cboe Global Markets, Inc. (BATS:CBOE)

Banco Santander S.A. bought a new position in shares of Cboe Global Markets, Inc. (BATS:CBOE) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,100 shares of the company’s stock, valued at approximately $635,000.

Several other institutional investors also recently bought and sold shares of the stock. Landscape Capital Management L.L.C. increased its holdings in shares of Cboe Global Markets by 2.9% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 1,850 shares of the company’s stock valued at $379,000 after acquiring an additional 52 shares during the last quarter. Americana Partners LLC grew its holdings in Cboe Global Markets by 2.2% during the third quarter. Americana Partners LLC now owns 2,498 shares of the company’s stock valued at $512,000 after purchasing an additional 54 shares during the last quarter. Regal Investment Advisors LLC raised its position in shares of Cboe Global Markets by 0.3% in the second quarter. Regal Investment Advisors LLC now owns 22,274 shares of the company’s stock valued at $3,788,000 after purchasing an additional 56 shares during the period. First Horizon Advisors Inc. lifted its stake in shares of Cboe Global Markets by 9.7% in the second quarter. First Horizon Advisors Inc. now owns 713 shares of the company’s stock worth $121,000 after buying an additional 63 shares during the last quarter. Finally, Empirical Finance LLC boosted its holdings in shares of Cboe Global Markets by 2.1% during the 3rd quarter. Empirical Finance LLC now owns 3,649 shares of the company’s stock worth $748,000 after buying an additional 74 shares during the period. 81.73% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently commented on CBOE. Barclays dropped their target price on shares of Cboe Global Markets from $239.00 to $230.00 and set an “overweight” rating on the stock in a report on Monday, November 4th. Keefe, Bruyette & Woods lifted their price objective on Cboe Global Markets from $197.00 to $198.00 and gave the stock a “market perform” rating in a research note on Monday, August 5th. JPMorgan Chase & Co. upgraded Cboe Global Markets from an “underweight” rating to a “neutral” rating and increased their target price for the company from $168.00 to $195.00 in a research note on Monday, August 5th. Oppenheimer lifted their price target on Cboe Global Markets from $209.00 to $227.00 and gave the stock an “outperform” rating in a research report on Monday, October 14th. Finally, Piper Sandler increased their price objective on Cboe Global Markets from $210.00 to $220.00 and gave the company an “overweight” rating in a research report on Tuesday, October 8th. One analyst has rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, Cboe Global Markets currently has a consensus rating of “Hold” and an average price target of $209.42.

Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, CFO Jill Griebenow sold 1,622 shares of the firm’s stock in a transaction dated Wednesday, September 4th. The shares were sold at an average price of $213.33, for a total value of $346,021.26. Following the completion of the sale, the chief financial officer now owns 8,844 shares in the company, valued at approximately $1,886,690.52. This trade represents a 15.50 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, COO Christopher A. Isaacson sold 6,000 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $204.89, for a total transaction of $1,229,340.00. Following the completion of the transaction, the chief operating officer now directly owns 39,855 shares of the company’s stock, valued at approximately $8,165,890.95. This represents a 13.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 7,696 shares of company stock valued at $1,591,160 in the last three months. Corporate insiders own 0.51% of the company’s stock.

Cboe Global Markets Stock Performance

Cboe Global Markets stock opened at $213.36 on Friday. Cboe Global Markets, Inc. has a 52-week low of $103.82 and a 52-week high of $139.00. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The stock has a fifty day moving average price of $207.83 and a two-hundred day moving average price of $193.93. The firm has a market capitalization of $22.63 billion, a P/E ratio of 109.98 and a beta of 0.61.

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

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be given a dividend of $0.63 per share. The ex-dividend date is Friday, November 29th. This represents a $2.52 dividend on an annualized basis and a yield of 1.18%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

Cboe Global Markets announced that its board has approved a stock buyback plan on Friday, August 16th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the company to purchase up to 2.3% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board believes its shares are undervalued.

Cboe Global Markets Company 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.