GAMMA Investing LLC Has $151,000 Stock Holdings in Cboe Global Markets, Inc. (BATS:CBOE)

GAMMA Investing LLC reduced its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 7.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 885 shares of the company’s stock after selling 72 shares during the quarter. GAMMA Investing LLC’s holdings in Cboe Global Markets were worth $151,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of CBOE. Fifth Third Bancorp grew its holdings in shares of Cboe Global Markets by 12.3% during the 4th quarter. Fifth Third Bancorp now owns 1,355 shares of the company’s stock worth $242,000 after purchasing an additional 148 shares in the last quarter. Allworth Financial LP grew its holdings in shares of Cboe Global Markets by 75.3% during the 4th quarter. Allworth Financial LP now owns 170 shares of the company’s stock worth $30,000 after purchasing an additional 73 shares in the last quarter. New York State Teachers Retirement System grew its holdings in shares of Cboe Global Markets by 5.3% during the 4th quarter. New York State Teachers Retirement System now owns 113,745 shares of the company’s stock worth $20,310,000 after purchasing an additional 5,686 shares in the last quarter. Stratos Wealth Partners LTD. acquired a new stake in shares of Cboe Global Markets during the 4th quarter worth $206,000. Finally, Nisa Investment Advisors LLC grew its holdings in shares of Cboe Global Markets by 33.9% during the 4th quarter. Nisa Investment Advisors LLC now owns 5,535 shares of the company’s stock worth $988,000 after purchasing an additional 1,400 shares in the last quarter. 81.73% of the stock is owned by institutional investors and hedge funds.

Cboe Global Markets Price Performance

Cboe Global Markets stock opened at $198.00 on Wednesday. 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 company has a market capitalization of $21.00 billion, a PE ratio of 102.06 and a beta of 0.61. Cboe Global Markets, Inc. has a 12 month low of $103.82 and a 12 month high of $139.00. The stock has a 50-day moving average price of $176.13 and a two-hundred day moving average price of $180.90.

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

Cboe Global Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Stockholders of record on Friday, May 31st were given a dividend of $0.55 per share. The ex-dividend date was Friday, May 31st. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.11%. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

Insider Transactions at Cboe Global Markets

In related news, COO Christopher A. Isaacson sold 6,000 shares of the firm’s stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $175.00, for a total transaction 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 $9,074,625. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, COO Christopher A. Isaacson sold 6,000 shares of the firm’s stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $175.00, for a total transaction 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 $9,074,625. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Dave Howson sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, July 22nd. The stock was sold at an average price of $186.67, for a total value of $466,675.00. Following the sale, the executive vice president now directly owns 15,073 shares of the company’s stock, valued at approximately $2,813,676.91. The disclosure for this sale can be found here. Insiders sold 17,065 shares of company stock worth $3,145,291 over the last ninety days. 0.51% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

CBOE has been the subject of several recent analyst reports. Piper Sandler restated an “overweight” rating and set a $210.00 price objective (up from $203.00) on shares of Cboe Global Markets in a research report on Monday. JPMorgan Chase & Co. upgraded Cboe Global Markets from an “underweight” rating to a “neutral” rating and upped their price objective for the stock from $168.00 to $195.00 in a research report on Monday. Oppenheimer upped their price objective on Cboe Global Markets from $199.00 to $209.00 and gave the stock an “outperform” rating in a research report on Monday. Bank of America upped their price objective on Cboe Global Markets from $200.00 to $204.00 and gave the stock a “buy” rating in a research report on Friday, April 19th. Finally, Barclays upped their price objective on Cboe Global Markets from $194.00 to $218.00 and gave the stock an “overweight” rating in a research report on Monday. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price 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.