Bank Julius Baer & Co. Ltd Zurich Boosts Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Bank Julius Baer & Co. Ltd Zurich grew its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 15.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 57,018 shares of the company's stock after purchasing an additional 7,660 shares during the period. Bank Julius Baer & Co. Ltd Zurich owned about 0.05% of Cboe Global Markets worth $11,260,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Janus Henderson Group PLC boosted its position in shares of Cboe Global Markets by 0.3% during the 3rd quarter. Janus Henderson Group PLC now owns 1,528,295 shares of the company's stock valued at $313,090,000 after purchasing an additional 5,216 shares in the last quarter. Tandem Investment Advisors Inc. boosted its holdings in Cboe Global Markets by 2.5% during the 4th quarter. Tandem Investment Advisors Inc. now owns 830,847 shares of the company's stock worth $162,347,000 after acquiring an additional 20,515 shares during the last quarter. Los Angeles Capital Management LLC grew its position in Cboe Global Markets by 13.7% in the 4th quarter. Los Angeles Capital Management LLC now owns 760,528 shares of the company's stock worth $148,607,000 after purchasing an additional 91,694 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its holdings in shares of Cboe Global Markets by 5.8% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 673,030 shares of the company's stock valued at $131,510,000 after acquiring an additional 36,710 shares in the last quarter. Finally, Nordea Investment Management AB increased its position in shares of Cboe Global Markets by 16.7% during the 4th quarter. Nordea Investment Management AB now owns 646,670 shares of the company's stock valued at $126,262,000 after purchasing an additional 92,537 shares during the last quarter. Institutional investors and hedge funds own 82.67% of the company's stock.

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Insider Transactions at Cboe Global Markets

In related news, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total value of $41,934.00. Following the completion of the transaction, the executive vice president now directly owns 1,993 shares in the company, valued at approximately $417,872.31. This trade represents a 9.12 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Dave Howson sold 11,036 shares of Cboe Global Markets stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the sale, the executive vice president now directly owns 8,025 shares of the company's stock, valued at approximately $1,653,230.25. This trade represents a 57.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,544 shares of company stock worth $2,380,529 in the last 90 days. Insiders own 0.22% of the company's stock.

Cboe Global Markets Stock Down 1.3 %

Shares of CBOE traded down $2.66 during trading hours on Wednesday, reaching $208.50. 1,057,133 shares of the company traded hands, compared to its average volume of 801,109. Cboe Global Markets, Inc. has a 12-month low of $166.13 and a 12-month high of $221.66. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $21.83 billion, a PE ratio of 28.88, a P/E/G ratio of 1.75 and a beta of 0.67. The stock has a fifty day simple moving average of $203.82.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted its quarterly earnings data on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing analysts' consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same period in the previous year, the firm earned $2.06 earnings per share. As a group, research analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date is Friday, February 28th. Cboe Global Markets's dividend payout ratio is currently 34.90%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on CBOE. JPMorgan Chase & Co. reiterated an "underweight" rating and issued a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Jefferies Financial Group dropped their target price on Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating for the company in a research report on Thursday, January 9th. The Goldman Sachs Group downgraded Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 price objective on the stock. in a report on Monday, January 6th. Bank of America increased their target price on shares of Cboe Global Markets from $245.00 to $251.00 and gave the stock a "buy" rating in a report on Monday, February 10th. Finally, Oppenheimer cut their target price on shares of Cboe Global Markets from $232.00 to $218.00 and set an "outperform" rating on the stock in a research note on Monday, January 13th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, Cboe Global Markets currently has a consensus rating of "Hold" and a consensus target price of $206.86.

Cboe Global Markets Profile

Cboe Global Markets, Inc is one of the largest stock exchange operators by volume in the United States and a leading market globally for ETP trading. Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the VIX Index.