Zurcher Kantonalbank Zurich Cantonalbank Sells 10,479 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Zurcher Kantonalbank Zurich Cantonalbank decreased its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 19.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 43,514 shares of the company's stock after selling 10,479 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank's holdings in Cboe Global Markets were worth $8,494,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in shares of Cboe Global Markets in the 4th quarter worth approximately $59,206,000. Amundi grew its stake in shares of Cboe Global Markets by 27.2% in the 4th quarter. Amundi now owns 885,659 shares of the company's stock worth $170,923,000 after purchasing an additional 189,280 shares during the last quarter. Victory Capital Management Inc. grew its stake in shares of Cboe Global Markets by 64.2% in the 4th quarter. Victory Capital Management Inc. now owns 391,636 shares of the company's stock worth $76,526,000 after purchasing an additional 153,184 shares during the last quarter. E. Ohman J or Asset Management AB grew its stake in shares of Cboe Global Markets by 4,157.6% in the 4th quarter. E. Ohman J or Asset Management AB now owns 155,616 shares of the company's stock worth $30,407,000 after purchasing an additional 151,961 shares during the last quarter. Finally, abrdn plc grew its stake in shares of Cboe Global Markets by 341.2% in the 4th quarter. abrdn plc now owns 190,017 shares of the company's stock worth $37,145,000 after purchasing an additional 146,945 shares during the last quarter. Institutional investors and hedge funds own 82.67% of the company's stock.

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Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, CAO Allen Wilkinson sold 228 shares of Cboe Global Markets stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $211.12, for a total value of $48,135.36. Following the completion of the sale, the chief accounting officer now directly owns 248 shares in the company, valued at $52,357.76. The trade was a 47.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $209.67, for a total transaction of $41,934.00. Following the completion of the sale, the executive vice president now owns 1,993 shares of the company's stock, valued at $417,872.31. This trade represents a 9.12 % 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 over the last ninety days. 0.22% of the stock is currently owned by insiders.

Analysts Set New Price Targets

CBOE has been the subject of several recent analyst reports. JPMorgan Chase & Co. reiterated an "underweight" rating and issued a $174.00 target price (down from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Barclays raised their target price on shares of Cboe Global Markets from $212.00 to $216.00 and gave the stock an "equal weight" rating in a report on Monday, February 10th. Bank of America raised 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. Jefferies Financial Group decreased their target price on shares of Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating for the company in a report on Thursday, January 9th. Finally, Oppenheimer decreased their target price on shares of Cboe Global Markets from $232.00 to $218.00 and set an "outperform" rating for the company in a report on Monday, January 13th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $206.86.

Cboe Global Markets Stock Performance

Shares of CBOE stock traded up $1.94 during trading on Monday, hitting $215.89. 741,833 shares of the company were exchanged, compared to its average volume of 802,229. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The company has a market capitalization of $22.60 billion, a price-to-earnings ratio of 29.90, a price-to-earnings-growth ratio of 1.75 and a beta of 0.67. The business's 50-day moving average is $204.83. Cboe Global Markets, Inc. has a twelve month low of $166.13 and a twelve month high of $221.66.

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

Cboe Global Markets Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend was Friday, February 28th. Cboe Global Markets's dividend payout ratio (DPR) is presently 34.90%.

About Cboe Global Markets

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.