B. Metzler seel. Sohn & Co. AG Has $862,000 Holdings in Cboe Global Markets, Inc. $CBOE

Key Points

• B. Metzler seel. Sohn & Co. AG increased its stake in Cboe Global Markets by 44.9% during the first quarter, now owning 3,811 shares worth $862,000.
• The company announced a quarterly dividend increase from $0.63 to $0.72 per share, with a yield of 1.2%.
• Cboe's latest earnings report showed earnings per share of $2.46, exceeding estimates, and a revenue increase of 14.3% year-over-year.

B. Metzler seel. Sohn & Co. AG increased its position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 44.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,811 shares of the company's stock after purchasing an additional 1,181 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Cboe Global Markets were worth $862,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Clearstead Trust LLC acquired a new stake in Cboe Global Markets in the first quarter worth about $26,000. NBC Securities Inc. acquired a new position in shares of Cboe Global Markets during the 1st quarter worth about $27,000. Greenline Partners LLC acquired a new position in shares of Cboe Global Markets during the 4th quarter worth about $29,000. Hughes Financial Services LLC acquired a new position in shares of Cboe Global Markets during the 1st quarter worth about $29,000. Finally, Cornerstone Planning Group LLC grew its position in shares of Cboe Global Markets by 4,633.3% during the 1st quarter. Cornerstone Planning Group LLC now owns 142 shares of the company's stock worth $30,000 after buying an additional 139 shares during the period. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Stock Down 0.6%

NASDAQ:CBOE traded down $1.31 during trading hours on Thursday, reaching $234.10. 220,599 shares of the stock were exchanged, compared to its average volume of 879,514. Cboe Global Markets, Inc. has a twelve month low of $187.30 and a twelve month high of $255.27. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The firm has a 50 day moving average of $240.43 and a 200 day moving average of $226.50. The stock has a market cap of $24.48 billion, a PE ratio of 32.42, a PEG ratio of 1.75 and a beta of 0.46.

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

Cboe Global Markets Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Friday, August 29th will be paid a dividend of $0.72 per share. The ex-dividend date is Friday, August 29th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.2%. This is a positive change from Cboe Global Markets's previous quarterly dividend of $0.63. Cboe Global Markets's dividend payout ratio (DPR) is currently 33.76%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on CBOE shares. Morgan Stanley set a $218.00 price target on shares of Cboe Global Markets and gave the company an "underweight" rating in a report on Tuesday, July 15th. Piper Sandler boosted their price target on shares of Cboe Global Markets from $250.00 to $265.00 and gave the company an "overweight" rating in a report on Monday, August 4th. UBS Group reissued a "neutral" rating and issued a $255.00 price target (up previously from $245.00) on shares of Cboe Global Markets in a report on Monday, August 4th. Oppenheimer set a $265.00 price objective on Cboe Global Markets and gave the company an "outperform" rating in a research report on Monday, August 4th. Finally, Barclays boosted their price objective on Cboe Global Markets from $243.00 to $256.00 and gave the company an "equal weight" rating in a research report on Monday, August 4th. Two analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Cboe Global Markets currently has an average rating of "Reduce" and an average price target of $231.38.

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.