17,277 Shares in Cboe Global Markets, Inc. (NASDAQ:CBOE) Bought by Banque Cantonale Vaudoise

Key Points

• Banque Cantonale Vaudoise has acquired a new stake in Cboe Global Markets, purchasing 17,277 shares valued at approximately $3.91 million during the first quarter.
• Analyst ratings for Cboe Global Markets show a consensus rating of "Hold," with an average price target of $222.58 and three analysts rating it as a sell.
• Cboe Global Markets recently announced a quarterly dividend of $0.63 per share, reflecting an annualized yield of 1.05% and a payout ratio of 33.03%.

Banque Cantonale Vaudoise bought a new position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 17,277 shares of the company's stock, valued at approximately $3,909,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC grew its holdings in Cboe Global Markets by 10.1% during the 4th quarter. Brighton Jones LLC now owns 1,092 shares of the company's stock worth $213,000 after acquiring an additional 100 shares during the last quarter. LPL Financial LLC boosted its holdings in Cboe Global Markets by 35.6% during the fourth quarter. LPL Financial LLC now owns 100,593 shares of the company's stock worth $19,656,000 after buying an additional 26,392 shares during the last quarter. Pictet Asset Management Holding SA increased its stake in Cboe Global Markets by 8.1% in the fourth quarter. Pictet Asset Management Holding SA now owns 71,505 shares of the company's stock valued at $13,972,000 after purchasing an additional 5,368 shares in the last quarter. Allstate Corp acquired a new stake in Cboe Global Markets in the fourth quarter worth $596,000. Finally, Arrowstreet Capital Limited Partnership grew its stake in Cboe Global Markets by 270.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 299,690 shares of the company's stock valued at $58,559,000 after acquiring an additional 218,865 shares during the period. Institutional investors and hedge funds own 82.67% of the company's stock.

Insider Activity

In other news, EVP Catherine R. Clay sold 3,598 shares of the firm's stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $226.58, for a total value of $815,234.84. Following the transaction, the executive vice president owned 2,183 shares of the company's stock, valued at $494,624.14. This trade represents a 62.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.22% of the stock is currently owned by corporate insiders.

Cboe Global Markets Trading Up 2.8%

Shares of NASDAQ CBOE traded up $6.75 during mid-day trading on Friday, hitting $247.79. The stock had a trading volume of 1,327,699 shares, compared to its average volume of 877,771. The business has a 50 day moving average price of $231.96 and a two-hundred day moving average price of $219.93. Cboe Global Markets, Inc. has a 1 year low of $186.10 and a 1 year high of $249.63. The firm has a market cap of $25.95 billion, a P/E ratio of 34.32, a price-to-earnings-growth ratio of 1.75 and a beta of 0.43. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced its earnings results on Friday, August 1st. The company reported $2.46 EPS for the quarter, beating analysts' consensus estimates of $2.43 by $0.03. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same quarter in the previous year, the firm posted $2.15 EPS. The company's revenue for the quarter was up 14.3% on a year-over-year basis. On average, equities analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 30th were paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Friday, May 30th. Cboe Global Markets's payout ratio is currently 33.03%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on CBOE. Cowen reiterated a "hold" rating on shares of Cboe Global Markets in a report on Monday, May 5th. Bank of America reissued 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. Loop Capital set a $227.00 target price on Cboe Global Markets in a research note on Monday, May 5th. Morgan Stanley set a $218.00 price objective on shares of Cboe Global Markets and gave the company an "underweight" rating in a report on Tuesday, July 15th. Finally, Citigroup lifted their price target on Cboe Global Markets from $230.00 to $245.00 and gave the company a "neutral" rating in a research note on Tuesday, July 8th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $222.58.

Cboe Global Markets 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.