B. Metzler seel. Sohn & Co. Holding AG Purchases Shares of 2,630 Cboe Global Markets, Inc. (BATS:CBOE)

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Cboe Global Markets, Inc. (BATS:CBOE) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,630 shares of the company’s stock, valued at approximately $539,000.

Several other large investors have also recently modified their holdings of the company. Tandem Investment Advisors Inc. boosted its position in Cboe Global Markets by 4.4% in the second quarter. Tandem Investment Advisors Inc. now owns 835,216 shares of the company’s stock valued at $142,037,000 after buying an additional 35,336 shares during the last quarter. Los Angeles Capital Management LLC raised its stake in shares of Cboe Global Markets by 8.4% during the 3rd quarter. Los Angeles Capital Management LLC now owns 668,834 shares of the company’s stock valued at $137,024,000 after buying an additional 51,793 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Cboe Global Markets by 10.9% in the second quarter. Dimensional Fund Advisors LP now owns 566,657 shares of the company’s stock worth $96,367,000 after buying an additional 55,876 shares during the last quarter. Marshall Wace LLP grew its holdings in Cboe Global Markets by 306.6% during the second quarter. Marshall Wace LLP now owns 533,839 shares of the company’s stock worth $90,785,000 after acquiring an additional 402,547 shares during the period. Finally, TD Asset Management Inc raised its position in Cboe Global Markets by 36.2% during the second quarter. TD Asset Management Inc now owns 499,995 shares of the company’s stock valued at $85,029,000 after acquiring an additional 132,833 shares in the last quarter. Institutional investors own 81.73% of the company’s stock.

Insider Transactions at Cboe Global Markets

In other Cboe Global Markets news, COO Christopher A. Isaacson sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $204.89, for a total transaction of $1,229,340.00. Following the sale, the chief operating officer now directly owns 39,855 shares of the company’s stock, valued at $8,165,890.95. This trade represents a 13.08 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Jill Griebenow sold 1,622 shares of Cboe Global Markets stock in a transaction that occurred 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 15.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.51% of the company’s stock.

Cboe Global Markets Price Performance

Cboe Global Markets stock opened at $213.26 on Monday. The business has a 50 day simple moving average of $207.83 and a 200-day simple moving average of $194.05. Cboe Global Markets, Inc. has a 12 month low of $103.82 and a 12 month 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 market capitalization of $22.62 billion, a PE ratio of 109.93 and a beta of 0.61.

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

Cboe Global Markets announced that its Board of Directors has authorized a share repurchase program on Friday, August 16th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the company to repurchase up to 2.3% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s management believes its shares are undervalued.

Cboe Global Markets Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft raised shares of Cboe Global Markets from a “hold” rating to a “buy” rating and lifted their target price for the company from $212.00 to $222.00 in a report on Monday, November 11th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $220.00 price objective on shares of Cboe Global Markets in a research report on Monday, November 4th. TD Cowen began coverage on shares of Cboe Global Markets in a research note on Thursday, September 26th. They set a “hold” rating and a $205.00 target price on the stock. Keefe, Bruyette & Woods lifted their price target on Cboe Global Markets from $197.00 to $198.00 and gave the company a “market perform” rating in a research note on Monday, August 5th. 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 investment 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’s stock. According to MarketBeat, Cboe Global Markets has an average rating of “Hold” and a consensus target price of $209.42.

About Cboe Global Markets

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.