Cboe Global Markets Inc (CBOE) Position Lessened by Rhumbline Advisers

Rhumbline Advisers reduced its position in Cboe Global Markets Inc (NASDAQ:CBOE) by 4.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 203,148 shares of the financial services provider’s stock after selling 9,928 shares during the quarter. Rhumbline Advisers owned approximately 0.18% of Cboe Global Markets worth $19,494,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Braun Bostich & Associates Inc. grew its position in Cboe Global Markets by 1,391.0% in the 2nd quarter. Braun Bostich & Associates Inc. now owns 999 shares of the financial services provider’s stock valued at $104,000 after acquiring an additional 932 shares in the last quarter. Piedmont Investment Advisors LLC acquired a new position in Cboe Global Markets in the 2nd quarter valued at about $133,000. Dupont Capital Management Corp grew its position in Cboe Global Markets by 65.8% in the 2nd quarter. Dupont Capital Management Corp now owns 1,529 shares of the financial services provider’s stock valued at $159,000 after acquiring an additional 607 shares in the last quarter. Commonwealth Equity Services LLC acquired a new position in Cboe Global Markets in the 2nd quarter valued at about $202,000. Finally, Redpoint Investment Management Pty Ltd acquired a new position in Cboe Global Markets in the 2nd quarter valued at about $216,000. 81.98% of the stock is owned by institutional investors.

In other news, Director Frank E. Jr. English sold 1,000 shares of the business’s stock in a transaction dated Monday, November 5th. The stock was sold at an average price of $113.55, for a total transaction of $113,550.00. Following the completion of the transaction, the director now directly owns 3,137 shares of the company’s stock, valued at $356,206.35. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Frank E. Jr. English sold 1,185 shares of the business’s stock in a transaction dated Tuesday, September 11th. The stock was sold at an average price of $104.17, for a total value of $123,441.45. Following the transaction, the director now directly owns 4,137 shares of the company’s stock, valued at $430,951.29. The disclosure for this sale can be found here. Over the last three months, insiders have sold 10,905 shares of company stock valued at $1,109,253. Corporate insiders own 0.89% of the company’s stock.

Several research firms have weighed in on CBOE. BidaskClub raised Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Saturday, August 25th. Raymond James dropped their target price on Cboe Global Markets from $115.00 to $112.00 and set an “outperform” rating for the company in a research report on Friday, October 5th. Zacks Investment Research raised Cboe Global Markets from a “hold” rating to a “buy” rating and set a $108.00 target price for the company in a research report on Wednesday, October 3rd. Bank of America lifted their target price on Cboe Global Markets from $113.00 to $122.00 and gave the company a “buy” rating in a research report on Monday, November 5th. Finally, Citigroup set a $115.00 target price on Cboe Global Markets and gave the company a “hold” rating in a research report on Monday, November 5th. Nine research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $116.29.

Shares of Cboe Global Markets stock opened at $107.39 on Friday. Cboe Global Markets Inc has a one year low of $91.10 and a one year high of $138.54.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings data on Friday, November 2nd. The financial services provider reported $1.06 EPS for the quarter, topping the Zacks’ consensus estimate of $1.01 by $0.05. The company had revenue of $270.50 million for the quarter, compared to analyst estimates of $269.08 million. During the same period in the prior year, the firm posted $0.89 earnings per share. The business’s quarterly revenue was up .3% compared to the same quarter last year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 14th. Stockholders of record on Friday, November 30th will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date of this dividend is Thursday, November 29th.

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Cboe Global Markets Profile

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange in the United States. The company operates in five segments: Options, U.S. Equities, Futures, European Equities, and Global FX. The Options segment trades in listed market indexes. The U.S. Equities segment trades in listed cash equities; and provides exchange-traded products (ETP) transaction and ETP listing services.

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Institutional Ownership by Quarter for Cboe Global Markets (NASDAQ:CBOE)

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