Banque Cantonale Vaudoise Sells 7,152 Shares of Cboe Global Markets, Inc. $CBOE

Banque Cantonale Vaudoise cut its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOEFree Report) by 49.5% in the first quarter, Holdings Channel reports. The institutional investor owned 7,293 shares of the company’s stock after selling 7,152 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Cboe Global Markets were worth $2,050,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of CBOE. Sound Income Strategies LLC increased its position in 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 acquiring an additional 46 shares during the period. University of Texas Texas AM Investment Management Co. acquired a new stake in Cboe Global Markets in the 4th quarter worth $26,000. Headlands Technologies LLC acquired a new stake in Cboe Global Markets in the 2nd quarter worth $31,000. Elyxium Wealth LLC bought a new position in shares of Cboe Global Markets during the 4th quarter worth about $33,000. Finally, DV Equities LLC bought a new position in shares of Cboe Global Markets during the 4th quarter worth about $37,000. 81.73% of the stock is owned by institutional investors.

Insider Activity

In other Cboe Global Markets news, Director Janet P. Froetscher sold 1,223 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $358.09, for a total transaction of $437,944.07. Following the sale, the director directly owned 13,807 shares of the company’s stock, valued at $4,944,148.63. The trade was a 8.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by company insiders.

Cboe Global Markets Trading Down 1.1%

Shares of BATS CBOE opened at $242.21 on Friday. Cboe Global Markets, Inc. has a fifty-two week low of $223.54 and a fifty-two week high of $371.18. The firm has a market capitalization of $25.69 billion, a P/E ratio of 124.85 and a beta of 0.61. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The company’s 50 day simple moving average is $309.69 and its 200 day simple moving average is $287.08.

Cboe Global Markets (BATS:CBOEGet Free Report) last posted its earnings results on Friday, May 1st. The company reported $3.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.37 by $0.33. The company had revenue of $728.90 million during the quarter, compared to analyst estimates of $688.36 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The company’s revenue for the quarter was up 29.0% compared to the same quarter last year. During the same period in the previous year, the company earned $2.50 EPS. On average, analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were given a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Friday, May 29th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.97%.

Analysts Set New Price Targets

Several research firms recently weighed in on CBOE. Keefe, Bruyette & Woods increased their target price on shares of Cboe Global Markets from $300.00 to $335.00 and gave the company a “market perform” rating in a research note on Monday, May 4th. Piper Sandler lifted their target price on Cboe Global Markets from $295.00 to $321.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 15th. Zacks Research upgraded Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research note on Monday, June 8th. Loop Capital set a $263.00 price target on Cboe Global Markets in a report on Monday. Finally, UBS Group lifted their price objective on Cboe Global Markets from $305.00 to $335.00 and gave the stock a “neutral” rating in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Cboe Global Markets presently has a consensus rating of “Hold” and a consensus price target of $310.70.

Check Out Our Latest Analysis on Cboe Global Markets

About Cboe Global Markets

(Free Report)

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.

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Institutional Ownership by Quarter for Cboe Global Markets (BATS:CBOE)

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