Vontobel Holding Ltd. Purchases 4,465 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Vontobel Holding Ltd. lifted its position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 156.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,328 shares of the company's stock after buying an additional 4,465 shares during the quarter. Vontobel Holding Ltd.'s holdings in Cboe Global Markets were worth $1,658,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in CBOE. Forge First Asset Management Inc. bought a new position in Cboe Global Markets during the fourth quarter worth $8,461,000. Amundi lifted its holdings in shares of Cboe Global Markets by 27.2% during the fourth quarter. Amundi now owns 885,659 shares of the company's stock worth $170,923,000 after buying an additional 189,280 shares in the last quarter. GAM Holding AG acquired a new stake in shares of Cboe Global Markets during the first quarter worth $1,541,000. Raymond James Financial Inc. acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth $59,206,000. Finally, Unigestion Holding SA raised its stake in Cboe Global Markets by 33.1% in the first quarter. Unigestion Holding SA now owns 75,244 shares of the company's stock valued at $16,999,000 after purchasing an additional 18,733 shares in the last quarter. 82.67% of the stock is owned by institutional investors.

Cboe Global Markets Stock Performance

NASDAQ:CBOE traded down $2.68 during trading on Tuesday, reaching $232.54. The company's stock had a trading volume of 600,027 shares, compared to its average volume of 858,795. The firm has a market cap of $24.35 billion, a price-to-earnings ratio of 32.21, 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. The firm has a 50 day moving average of $227.08 and a 200-day moving average of $214.47. Cboe Global Markets, Inc. has a 12 month low of $166.88 and a 12 month high of $237.27.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) for the quarter, beating 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%. Cboe Global Markets's quarterly revenue was up 12.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.15 earnings per share. Research analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were paid a dividend of $0.63 per share. The ex-dividend date was Friday, May 30th. This represents a $2.52 annualized dividend and a dividend yield of 1.08%. Cboe Global Markets's payout ratio is 33.03%.

Analysts Set New Price Targets

CBOE has been the topic of a number of recent analyst reports. Piper Sandler lifted their target price on Cboe Global Markets from $234.00 to $245.00 and gave the company an "overweight" rating in a research report on Monday, May 5th. Loop Capital set a $227.00 target price on Cboe Global Markets in a report on Monday, May 5th. Barclays boosted their price target on Cboe Global Markets from $232.00 to $245.00 and gave the company an "equal weight" rating in a research note on Friday, May 2nd. Cowen reissued a "hold" rating on shares of Cboe Global Markets in a research note on Monday, May 5th. Finally, Citigroup upped their target price on Cboe Global Markets from $230.00 to $245.00 and gave the stock a "neutral" rating in a research report on Tuesday. Three equities research 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. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $221.75.

Insider Buying and Selling at Cboe Global Markets

In other news, EVP Catherine R. Clay sold 3,598 shares of the stock in a transaction on Friday, May 23rd. The stock was sold at an average price of $226.58, for a total transaction of $815,234.84. Following the completion of the transaction, the executive vice president owned 2,183 shares in the company, valued at approximately $494,624.14. This represents a 62.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.22% of the company's stock.

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.