Czech National Bank Raises Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Czech National Bank increased its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 5.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,044 shares of the company's stock after acquiring an additional 1,346 shares during the period. Czech National Bank's holdings in Cboe Global Markets were worth $5,441,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Lee Danner & Bass Inc. purchased a new stake in shares of Cboe Global Markets in the 4th quarter valued at approximately $29,000. Greenline Partners LLC purchased a new position in Cboe Global Markets in the fourth quarter valued at $29,000. Kestra Investment Management LLC purchased a new position in Cboe Global Markets in the fourth quarter valued at $31,000. Generali Asset Management SPA SGR purchased a new stake in Cboe Global Markets during the 4th quarter worth about $37,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in Cboe Global Markets during the 4th quarter worth about $39,000. Institutional investors and hedge funds own 82.67% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on CBOE. Morgan Stanley downgraded shares of Cboe Global Markets from an "overweight" rating to an "underweight" rating and decreased their price objective for the company from $256.00 to $215.00 in a research note on Wednesday, May 14th. UBS Group upped their price objective on shares of Cboe Global Markets from $235.00 to $245.00 and gave the company a "neutral" rating in a research note on Monday, May 5th. Cowen restated a "hold" rating on shares of Cboe Global Markets in a research note on Monday, May 5th. Barclays upped their price objective on shares of 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. Finally, Oppenheimer upped their price objective on shares of Cboe Global Markets from $237.00 to $249.00 and gave the company an "outperform" rating in a research note on Monday, May 5th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $219.64.

Insider Buying and Selling

In related news, EVP Catherine R. Clay sold 3,598 shares of the stock in a transaction dated Friday, May 23rd. The shares were 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 now directly owns 2,183 shares of the company's stock, valued at $494,624.14. This represents a 62.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.22% of the stock is currently owned by corporate insiders.

Cboe Global Markets Stock Performance

Shares of CBOE traded down $0.99 during mid-day trading on Thursday, hitting $222.75. 977,748 shares of the company's stock were exchanged, compared to its average volume of 903,766. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $236.02. The firm has a market capitalization of $23.32 billion, a P/E ratio of 30.85, a P/E/G ratio of 1.75 and a beta of 0.44. The business's 50 day moving average is $220.98 and its two-hundred day moving average is $210.91. The company has a current ratio of 1.78, a quick ratio of 1.39 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 the consensus estimate 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% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.15 earnings per share. On average, equities analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be issued a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $2.52 annualized dividend and a yield of 1.13%. Cboe Global Markets's dividend payout ratio is currently 33.03%.

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.