Zurcher Kantonalbank Zurich Cantonalbank Acquires 373 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 0.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 55,292 shares of the company’s stock after purchasing an additional 373 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank owned 0.05% of Cboe Global Markets worth $9,879,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in CBOE. Vanguard Group Inc. grew its position in shares of Cboe Global Markets by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 12,382,015 shares of the company’s stock worth $1,416,751,000 after buying an additional 185,967 shares in the last quarter. Geode Capital Management LLC lifted its stake in Cboe Global Markets by 3.4% in the first quarter. Geode Capital Management LLC now owns 2,398,830 shares of the company’s stock worth $321,793,000 after acquiring an additional 79,184 shares during the period. FMR LLC lifted its stake in Cboe Global Markets by 15.1% in the third quarter. FMR LLC now owns 2,206,823 shares of the company’s stock worth $344,728,000 after acquiring an additional 289,048 shares during the period. Morgan Stanley raised its holdings in shares of Cboe Global Markets by 24.5% in the 3rd quarter. Morgan Stanley now owns 1,742,946 shares of the company’s stock valued at $272,266,000 after purchasing an additional 342,505 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Cboe Global Markets during the fourth quarter valued at approximately $159,764,000. 81.73% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

CBOE has been the subject of a number of recent research reports. Morgan Stanley reiterated an “equal weight” rating and issued a $199.00 target price (down from $211.00) on shares of Cboe Global Markets in a report on Tuesday, April 9th. Barclays increased their target price on shares of Cboe Global Markets from $200.00 to $211.00 and gave the company an “overweight” rating in a research report on Monday, April 8th. Citigroup lifted their price target on shares of Cboe Global Markets from $170.00 to $188.00 and gave the stock a “neutral” rating in a report on Friday, January 12th. Bank of America boosted their target price on Cboe Global Markets from $200.00 to $204.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $197.00 price target on shares of Cboe Global Markets in a research note on Thursday, April 4th. Seven analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $190.18.

Cboe Global Markets Trading Up 1.6 %

Shares of Cboe Global Markets stock opened at $180.40 on Friday. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. Cboe Global Markets, Inc. has a twelve month low of $103.82 and a twelve month high of $139.00. The firm has a market capitalization of $19.13 billion, a PE ratio of 92.99 and a beta of 0.61. The firm’s 50-day moving average price is $184.33 and its 200 day moving average price is $178.23.

Cboe Global Markets (BATS:CBOE) last released its earnings results on Friday, February 2nd. The company reported $2.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.02. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business had revenue of $499.00 million during the quarter, compared to analyst estimates of $510.65 million. During the same quarter in the prior year, the firm earned $1.80 earnings per share. The company’s revenue for the quarter was up 9.2% compared to the same quarter last year. On average, sell-side analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were given a $0.55 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.22%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

Insider Activity at Cboe Global Markets

In other news, EVP Dave Howson sold 5,322 shares of the firm’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $186.96, for a total transaction of $995,001.12. Following the completion of the sale, the executive vice president now owns 17,573 shares in the company, valued at approximately $3,285,448.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.51% of the company’s stock.

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.