Cboe Global Markets, Inc. $CBOE Stock Position Reduced by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise decreased its position in Cboe Global Markets, Inc. (BATS:CBOE) by 49.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,293 shares of the company’s stock after selling 7,152 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Cboe Global Markets were worth $2,050,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Andra AP fonden grew its position in Cboe Global Markets by 7.9% in the 3rd quarter. Andra AP fonden now owns 124,200 shares of the company’s stock worth $30,460,000 after purchasing an additional 9,100 shares during the last quarter. Nordea Investment Management AB raised its holdings in shares of Cboe Global Markets by 33.5% during the fourth quarter. Nordea Investment Management AB now owns 947,884 shares of the company’s stock valued at $239,625,000 after buying an additional 237,887 shares during the last quarter. First Trust Advisors LP boosted its position in shares of Cboe Global Markets by 215.2% during the third quarter. First Trust Advisors LP now owns 1,451,743 shares of the company’s stock worth $356,040,000 after buying an additional 991,209 shares during the period. HUB Investment Partners LLC boosted its position in shares of Cboe Global Markets by 19.3% during the third quarter. HUB Investment Partners LLC now owns 31,085 shares of the company’s stock worth $7,623,000 after buying an additional 5,033 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its holdings in Cboe Global Markets by 13.4% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 59,193 shares of the company’s stock worth $14,686,000 after buying an additional 7,012 shares in the last quarter. 81.73% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, Director Janet P. Froetscher sold 1,223 shares of the business’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $358.09, for a total value of $437,944.07. Following the completion of the sale, the director owned 13,807 shares of the company’s stock, valued at $4,944,148.63. The trade was a 8.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by corporate insiders.

Cboe Global Markets Trading Down 1.1%

BATS:CBOE opened at $242.21 on Friday. The stock’s 50 day moving average price is $309.69 and its 200 day moving average price is $287.08. Cboe Global Markets, Inc. has a 52 week low of $223.54 and a 52 week high of $371.18. The company has a market capitalization of $25.69 billion, a P/E ratio of 124.85 and a beta of 0.61. 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 posted its earnings results on Friday, May 1st. The company reported $3.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.37 by $0.33. The firm had revenue of $728.90 million during the quarter, compared to analysts’ expectations of $688.36 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The company’s revenue was up 29.0% compared to the same quarter last year. During the same period in the previous year, the company earned $2.50 earnings per share. On average, research analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were issued a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 1.2%. The ex-dividend date was Friday, May 29th. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

Analyst Ratings Changes

Several analysts recently commented on the company. TD Cowen raised their target price on Cboe Global Markets from $293.00 to $365.00 and gave the company a “hold” rating in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Cboe Global Markets in a research report on Monday, May 4th. Argus raised Cboe Global Markets to a “hold” rating in a report on Wednesday, March 11th. UBS Group lifted their price objective on shares of Cboe Global Markets from $305.00 to $335.00 and gave the company a “neutral” rating in a research note on Monday, May 4th. Finally, Keefe, Bruyette & Woods upped their price objective on shares of Cboe Global Markets from $300.00 to $335.00 and gave the stock a “market perform” rating in a report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $310.70.

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. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.