Universal Beteiligungs und Servicegesellschaft mbH Raises Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Universal Beteiligungs und Servicegesellschaft mbH increased its position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 31.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 103,303 shares of the company's stock after buying an additional 24,751 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.10% of Cboe Global Markets worth $23,376,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Alliancebernstein L.P. boosted its position in shares of Cboe Global Markets by 208.4% during the 4th quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company's stock valued at $1,501,745,000 after acquiring an additional 5,193,339 shares during the last quarter. Norges Bank purchased a new stake in Cboe Global Markets during the fourth quarter valued at $269,524,000. GAMMA Investing LLC lifted its position in Cboe Global Markets by 29,094.5% during the first quarter. GAMMA Investing LLC now owns 1,216,535 shares of the company's stock valued at $275,290,000 after purchasing an additional 1,212,368 shares during the last quarter. Perpetual Ltd purchased a new position in shares of Cboe Global Markets in the 1st quarter worth $66,981,000. Finally, First Trust Advisors LP grew its stake in shares of Cboe Global Markets by 756.0% in the 4th quarter. First Trust Advisors LP now owns 298,450 shares of the company's stock worth $58,317,000 after buying an additional 263,585 shares in the last quarter. 82.67% of the stock is owned by institutional investors.

Cboe Global Markets Stock Up 0.2%

Shares of NASDAQ:CBOE traded up $0.60 during trading hours on Friday, hitting $246.51. The company's stock had a trading volume of 781,849 shares, compared to its average volume of 862,974. The firm's fifty day moving average price is $230.50 and its 200 day moving average price is $218.40. Cboe Global Markets, Inc. has a 52 week low of $181.32 and a 52 week high of $248.79. The company has a market capitalization of $25.81 billion, a price-to-earnings ratio of 34.14, a P/E/G ratio of 1.75 and a beta of 0.43. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its quarterly earnings data on Friday, May 2nd. The company reported $2.50 EPS for the quarter, topping analysts' consensus estimates of $2.36 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. The firm's revenue was up 12.6% on a year-over-year basis. During the same period in the prior year, the business earned $2.15 earnings per share. As a group, research analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 30th were given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date was Friday, May 30th. Cboe Global Markets's payout ratio is currently 33.03%.

Insider Transactions at Cboe Global Markets

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

Wall Street Analyst Weigh In

CBOE has been the subject of a number of analyst reports. UBS Group increased their price target on shares of Cboe Global Markets from $235.00 to $245.00 and gave the company a "neutral" rating in a report on Monday, May 5th. Barclays cut their target price on Cboe Global Markets from $245.00 to $243.00 and set an "equal weight" rating on the stock in a research report on Thursday, July 10th. Bank of America reissued a "neutral" rating and issued a $227.00 target price (down previously from $260.00) on shares of Cboe Global Markets in a research note on Thursday, April 10th. Piper Sandler upped their target price on Cboe Global Markets from $245.00 to $250.00 and gave the company an "overweight" rating in a research note on Tuesday, July 15th. Finally, Citigroup increased their target price on Cboe Global Markets from $230.00 to $245.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 8th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, Cboe Global Markets currently has a consensus rating of "Hold" and an average target price of $222.58.

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.