Nadler Financial Group Inc. Has $373,000 Position in Cboe Global Markets, Inc. (BATS:CBOE)

Nadler Financial Group Inc. boosted its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 6.8% in the second quarter, Holdings Channel reports. The firm owned 2,193 shares of the company’s stock after purchasing an additional 140 shares during the period. Nadler Financial Group Inc.’s holdings in Cboe Global Markets were worth $373,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CBOE. FinTrust Capital Advisors LLC grew its holdings in Cboe Global Markets by 170.0% during the first 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. Optiver Holding B.V. bought a new position in Cboe Global Markets in the fourth quarter valued at approximately $29,000. ORG Partners LLC bought a new position in Cboe Global Markets in the second quarter valued at approximately $30,000. Redmont Wealth Advisors LLC bought a new position in Cboe Global Markets in the first quarter valued at approximately $42,000. Finally, Riverview Trust Co bought a new position in Cboe Global Markets in the first quarter valued at approximately $44,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Insider Activity

In related news, COO Christopher A. Isaacson sold 6,000 shares of the firm’s 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 transaction, the chief operating officer now directly owns 51,855 shares of the company’s stock, valued at $9,074,625. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Cboe Global Markets news, 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 in the company, valued at $9,074,625. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Catherine R. Clay sold 600 shares of the stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $203.23, for a total transaction of $121,938.00. Following the sale, the executive vice president now owns 4,328 shares in the company, valued at $879,579.44. The disclosure for this sale can be found here. Insiders have sold 16,565 shares of company stock valued at $3,063,663 over the last ninety days. 0.51% of the stock is currently owned by company insiders.

Cboe Global Markets Stock Up 0.6 %

CBOE traded up $1.22 during trading on Tuesday, reaching $205.81. 633,983 shares of the stock were exchanged, compared to its average volume of 636,231. The stock has a market cap of $21.83 billion, a P/E ratio of 105.38 and a beta of 0.61. Cboe Global Markets, Inc. has a twelve month low of $103.82 and a twelve month high of $139.00. The stock’s 50 day moving average price is $181.37 and its two-hundred day moving average price is $182.00. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21.

Cboe Global Markets (BATS:CBOE) last issued its earnings results on Friday, August 2nd. The company reported $2.15 earnings per share for the quarter, topping analysts’ consensus estimates of $2.10 by $0.05. The business 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 for the quarter was up 10.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.78 earnings per share. Equities analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 13th. Stockholders of record on Friday, August 30th will be given a $0.63 dividend. The ex-dividend date of this dividend is Friday, August 30th. This is a positive change from Cboe Global Markets’s previous quarterly dividend of $0.55. This represents a $2.52 annualized dividend and a dividend yield of 1.22%. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. JPMorgan Chase & Co. raised shares of Cboe Global Markets from an “underweight” rating to a “neutral” rating and lifted their price target for the company from $168.00 to $195.00 in a research note on Monday, August 5th. Oppenheimer lifted their price target on shares of Cboe Global Markets from $199.00 to $209.00 and gave the company an “outperform” rating in a research note on Monday, August 5th. Barclays lifted their price target on shares of Cboe Global Markets from $194.00 to $218.00 and gave the company an “overweight” rating in a research note on Monday, August 5th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Cboe Global Markets from $186.00 to $205.00 and gave the company a “hold” rating in a research note on Thursday, August 15th. Finally, Piper Sandler reissued an “overweight” rating and issued a $210.00 price objective (up previously from $203.00) on shares of Cboe Global Markets in a research report on Monday, August 5th. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, Cboe Global Markets currently has a consensus rating of “Hold” and a consensus target price of $199.64.

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.