Raiffeisen Bank International AG Makes New Investment in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Raiffeisen Bank International AG acquired a new stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,500 shares of the company’s stock, valued at approximately $294,000.

A number of other hedge funds have also recently made changes to their positions in the business. Barclays PLC boosted its stake in shares of Cboe Global Markets by 27.9% during the third quarter. Barclays PLC now owns 535,284 shares of the company’s stock valued at $109,662,000 after purchasing an additional 116,852 shares during the period. Brookstone Capital Management purchased a new stake in shares of Cboe Global Markets in the 4th quarter worth approximately $396,000. Park Avenue Securities LLC increased its holdings in shares of Cboe Global Markets by 23.0% during the fourth quarter. Park Avenue Securities LLC now owns 5,898 shares of the company’s stock valued at $1,152,000 after acquiring an additional 1,101 shares in the last quarter. Trust Co. of Vermont increased its stake in Cboe Global Markets by 2,000.0% during the 4th quarter. Trust Co. of Vermont now owns 420 shares of the company’s stock valued at $82,000 after purchasing an additional 400 shares in the last quarter. Finally, HB Wealth Management LLC raised its holdings in Cboe Global Markets by 11.0% in the 4th quarter. HB Wealth Management LLC now owns 3,839 shares of the company’s stock worth $750,000 after acquiring an additional 379 shares during the last quarter. 82.67% of the stock is currently owned by institutional investors.

Insider Activity

In other Cboe Global Markets news, CAO Allen Wilkinson sold 228 shares of the firm’s 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. This trade represents a 47.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Adam Inzirillo sold 200 shares of the business’s 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 transaction, the executive vice president now 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 disclosure for this sale can be found here. Insiders own 0.22% of the company’s stock.

Cboe Global Markets Stock Up 0.8%

Shares of CBOE opened at $220.95 on Friday. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $236.02. The company has a market capitalization of $23.14 billion, a P/E ratio of 30.60, a PEG ratio of 1.75 and a beta of 0.44. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The stock has a fifty day moving average of $217.91.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings results on Friday, May 2nd. The company reported $2.50 earnings per share for the quarter, topping the consensus estimate of $2.36 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. The business’s revenue for the quarter was up 12.6% on a year-over-year basis. During the same period in the prior year, the business earned $2.15 EPS. As a group, research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be paid a $0.63 dividend. The ex-dividend date is Friday, May 30th. This represents a $2.52 annualized dividend and a yield of 1.14%. Cboe Global Markets’s dividend payout ratio (DPR) is currently 33.03%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Tuesday, March 4th. Piper Sandler boosted their price target on Cboe Global Markets from $234.00 to $245.00 and gave the company an “overweight” rating in a report on Monday, May 5th. Morgan Stanley cut shares of Cboe Global Markets from an “overweight” rating to an “underweight” rating and reduced their price objective for the stock from $256.00 to $215.00 in a research note on Wednesday. Bank of America reissued a “neutral” rating and set a $227.00 target price (down previously from $260.00) on shares of Cboe Global Markets in a research note on Thursday, April 10th. Finally, UBS Group boosted their price target on shares of Cboe Global Markets from $235.00 to $245.00 and gave the stock a “neutral” rating in a research note on Monday, May 5th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $219.64.

Cboe Global Markets Company 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.