Cboe Global Markets, Inc. $CBOE Shares Sold by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank cut its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 11.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 86,384 shares of the company’s stock after selling 11,185 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned approximately 0.08% of Cboe Global Markets worth $21,696,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in CBOE. Sound Income Strategies LLC boosted its position in shares of Cboe Global Markets by 102.2% during the fourth quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock worth $25,000 after buying an additional 46 shares during the period. Headlands Technologies LLC bought a new stake in Cboe Global Markets during the second quarter worth approximately $31,000. Physician Wealth Advisors Inc. raised its holdings in Cboe Global Markets by 70.5% during the third quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock worth $33,000 after purchasing an additional 55 shares in the last quarter. Ameriflex Group Inc. raised its holdings in Cboe Global Markets by 97.4% during the third quarter. Ameriflex Group Inc. now owns 154 shares of the company’s stock worth $38,000 after purchasing an additional 76 shares in the last quarter. Finally, Measured Wealth Private Client Group LLC bought a new stake in Cboe Global Markets during the third quarter worth approximately $45,000. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Price Performance

BATS CBOE opened at $299.25 on Wednesday. The stock has a market capitalization of $31.74 billion, a P/E ratio of 154.25 and a beta of 0.61. Cboe Global Markets, Inc. has a 1 year low of $207.74 and a 1 year high of $309.87. The business’s fifty day moving average is $290.12 and its two-hundred day moving average is $267.23. 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 quarterly earnings results on Friday, February 6th. The company reported $3.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.93 by $0.13. The company had revenue of $671.10 million for the quarter, compared to analysts’ expectations of $659.59 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. On average, research analysts forecast that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were given a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Friday, February 27th. Cboe Global Markets’s dividend payout ratio is 98.97%.

Insider Activity at Cboe Global Markets

In related news, Director Edward J. Fitzpatrick sold 3,947 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $285.87, for a total value of $1,128,328.89. Following the completion of the sale, the director owned 12,921 shares in the company, valued at approximately $3,693,726.27. This represents a 23.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Allen Wilkinson sold 248 shares of the business’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $292.79, for a total transaction of $72,611.92. Following the sale, the chief accounting officer directly owned 410 shares in the company, valued at approximately $120,043.90. This trade represents a 37.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 5,695 shares of company stock worth $1,628,981. 0.51% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on CBOE shares. Zacks Research raised Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. Loop Capital set a $293.00 target price on Cboe Global Markets in a report on Thursday, April 9th. Morgan Stanley boosted their target price on Cboe Global Markets from $246.00 to $273.00 and gave the stock an “underweight” rating in a report on Friday, April 10th. Barclays boosted their target price on Cboe Global Markets from $317.00 to $351.00 and gave the stock an “overweight” rating in a report on Wednesday, April 8th. Finally, Argus raised Cboe Global Markets to a “hold” rating in a report on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $294.20.

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. 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.