DekaBank Deutsche Girozentrale Has $91.14 Million Stock Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

DekaBank Deutsche Girozentrale reduced its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 0.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 413,982 shares of the company's stock after selling 2,082 shares during the period. DekaBank Deutsche Girozentrale owned about 0.40% of Cboe Global Markets worth $91,140,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. NBC Securities Inc. bought a new stake in shares of Cboe Global Markets during the first quarter worth $27,000. Greenline Partners LLC bought a new stake in Cboe Global Markets during the 4th quarter worth $29,000. Lee Danner & Bass Inc. acquired a new position in shares of Cboe Global Markets in the fourth quarter valued at approximately $29,000. Generali Asset Management SPA SGR bought a new position in Cboe Global Markets in the 4th quarter valued at approximately $37,000. Finally, Versant Capital Management Inc boosted its position in Cboe Global Markets by 221.2% during the 1st quarter. Versant Capital Management Inc now owns 212 shares of the company's stock worth $48,000 after buying an additional 146 shares during the period. 82.67% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Cboe Global Markets news, EVP Catherine R. Clay sold 3,598 shares of the firm's stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $226.58, for a total value of $815,234.84. Following the completion of the sale, the executive vice president owned 2,183 shares of the company's stock, valued at approximately $494,624.14. This trade represents a 62.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.22% of the stock is owned by insiders.

Cboe Global Markets Trading Up 0.2%

Shares of Cboe Global Markets stock traded up $0.58 on Friday, reaching $235.01. 669,308 shares of the company's stock were exchanged, compared to its average volume of 854,045. The company has a market capitalization of $24.61 billion, a P/E ratio of 32.55, a price-to-earnings-growth ratio of 1.75 and a beta of 0.43. Cboe Global Markets, Inc. has a 52 week low of $169.09 and a 52 week high of $237.27. 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's 50-day moving average is $227.56 and its two-hundred day moving average is $214.88.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its earnings results on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) 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%. During the same quarter last year, the firm earned $2.15 EPS. The business's revenue was up 12.6% compared to the same quarter last year. Sell-side analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were paid a $0.63 dividend. The ex-dividend date of this dividend was Friday, May 30th. This represents a $2.52 annualized dividend and a dividend yield of 1.07%. Cboe Global Markets's dividend payout ratio is presently 33.03%.

Analyst Ratings Changes

CBOE has been the subject of several recent research reports. Bank of America restated a "neutral" rating and issued a $227.00 price target (down from $260.00) on shares of Cboe Global Markets in a research report on Thursday, April 10th. Oppenheimer increased their price target on Cboe Global Markets from $237.00 to $249.00 and gave the company an "outperform" rating in a research note on Monday, May 5th. Piper Sandler raised their price objective on Cboe Global Markets from $234.00 to $245.00 and gave the stock an "overweight" rating in a research report on Monday, May 5th. Cowen reiterated a "hold" rating on shares of Cboe Global Markets in a report on Monday, May 5th. Finally, Morgan Stanley downgraded shares of Cboe Global Markets from an "overweight" rating to an "underweight" rating and decreased their target price for the company from $256.00 to $215.00 in a research report on Wednesday, May 14th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Cboe Global Markets presently has an average rating of "Hold" and an average price target of $221.58.

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.