Raiffeisen Bank International AG Buys Shares of 1,500 Cboe Global Markets, Inc. (NASDAQ:CBOE)

Raiffeisen Bank International AG bought a new position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 1,500 shares of the company's stock, valued at approximately $294,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of CBOE. Lee Danner & Bass Inc. bought a new position in Cboe Global Markets in the fourth quarter valued at $29,000. Greenline Partners LLC acquired a new position in shares of Cboe Global Markets during the 4th quarter worth about $29,000. Kestra Investment Management LLC bought a new position in shares of Cboe Global Markets in the 4th quarter valued at about $31,000. Sugar Maple Asset Management LLC acquired a new stake in shares of Cboe Global Markets in the fourth quarter valued at about $36,000. Finally, Generali Asset Management SPA SGR acquired a new stake in shares of Cboe Global Markets in the fourth quarter valued at about $37,000. Institutional investors and hedge funds own 82.67% of the company's stock.

Wall Street Analyst Weigh In

CBOE has been the subject of several recent research reports. Cowen reissued a "hold" rating on shares of Cboe Global Markets in a research report on Monday, May 5th. Morgan Stanley downgraded Cboe Global Markets from an "overweight" rating to an "underweight" rating and cut their price objective for the company from $256.00 to $215.00 in a report on Wednesday, May 14th. Bank of America restated a "neutral" rating and set a $227.00 target price (down from $260.00) on shares of Cboe Global Markets in a report on Thursday, April 10th. Piper Sandler increased their price target on shares of Cboe Global Markets from $234.00 to $245.00 and gave the company an "overweight" rating in a research note on Monday, May 5th. Finally, StockNews.com upgraded shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat, Cboe Global Markets currently has an average rating of "Hold" and a consensus target price of $219.64.

Cboe Global Markets Trading Up 1.0%

CBOE stock traded up $2.17 during mid-day trading on Wednesday, hitting $228.23. 930,479 shares of the company were exchanged, compared to its average volume of 916,255. Cboe Global Markets, Inc. has a 1-year low of $166.13 and a 1-year high of $236.02. The firm has a market cap of $23.90 billion, a PE ratio of 31.61, a PEG ratio of 1.75 and a beta of 0.44. The business has a 50 day simple moving average of $218.45. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced its earnings results on Friday, May 2nd. The company reported $2.50 earnings per share for the quarter, topping analysts' consensus estimates 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 quarterly revenue was up 12.6% compared to the same quarter last year. During the same quarter last year, the company earned $2.15 EPS. Equities research analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The firm also recently declared 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 of this dividend is Friday, May 30th. This represents a $2.52 annualized dividend and a dividend yield of 1.10%. Cboe Global Markets's dividend payout ratio (DPR) is presently 33.03%.

Insider Buying and Selling

In related news, EVP Adam Inzirillo sold 200 shares of the business's stock in a transaction dated 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 owns 1,993 shares of the company's stock, valued at $417,872.31. The trade was a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Allen Wilkinson sold 228 shares of the company's stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $211.12, for a total transaction of $48,135.36. Following the sale, the chief accounting officer now directly owns 248 shares of the company's stock, valued at $52,357.76. This represents a 47.90% decrease in their position. The disclosure for this sale can be found here. 0.22% of the stock is owned by insiders.

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.