Zurcher Kantonalbank Zurich Cantonalbank Has $21.70 Million Position in Cboe Global Markets, Inc. $CBOE

Zurcher Kantonalbank Zurich Cantonalbank reduced its position in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 11.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 86,384 shares of the company’s stock after selling 11,185 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Cboe Global Markets were worth $21,696,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Sound Income Strategies LLC raised its stake in Cboe Global Markets by 102.2% during the 4th quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $25,000 after purchasing an additional 46 shares during the period. Physician Wealth Advisors Inc. raised its stake in Cboe Global Markets by 70.5% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 133 shares of the company’s stock valued at $33,000 after purchasing an additional 55 shares during the period. Headlands Technologies LLC acquired a new position in shares of Cboe Global Markets in the second quarter worth $31,000. Ameriflex Group Inc. increased its stake in shares of Cboe Global Markets by 97.4% in the third quarter. Ameriflex Group Inc. now owns 154 shares of the company’s stock worth $38,000 after acquiring an additional 76 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of Cboe Global Markets in the third quarter worth $45,000. 81.73% of the stock is owned by institutional investors and hedge funds.

Cboe Global Markets Trading Down 1.7%

BATS CBOE opened at $299.25 on Wednesday. The company has a market capitalization of $31.74 billion, a PE 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 firm’s fifty day simple moving average is $290.12 and its 200-day simple moving average is $267.23. 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 (BATS:CBOE) last issued its quarterly earnings data on Friday, February 6th. The company reported $3.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.93 by $0.13. The firm had revenue of $671.10 million during the quarter, compared to analysts’ expectations of $659.59 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. As a group, sell-side analysts anticipate that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

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

Insider Buying and Selling

In related news, CAO Allen Wilkinson sold 248 shares of the company’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $292.79, for a total value of $72,611.92. Following the completion of the sale, the chief accounting officer directly owned 410 shares in the company, valued at approximately $120,043.90. This represents a 37.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Alexander Matturri, Jr. sold 1,500 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $285.36, for a total transaction of $428,040.00. Following the completion of the sale, the director owned 4,761 shares of the company’s stock, valued at $1,358,598.96. This represents a 23.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 5,695 shares of company stock worth $1,628,981. Corporate insiders own 0.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on CBOE. Argus raised shares of Cboe Global Markets to a “hold” rating in a research note on Wednesday, March 11th. Barclays upped their price target on shares of Cboe Global Markets from $317.00 to $351.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 8th. Loop Capital set a $293.00 price target on shares of Cboe Global Markets in a research note on Thursday, April 9th. TD Cowen reaffirmed a “hold” rating on shares of Cboe Global Markets in a research note on Thursday, April 9th. Finally, Zacks Research raised shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price 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.