Harel Insurance Investments & Financial Services Ltd. Has $6.69 Million Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Harel Insurance Investments & Financial Services Ltd. lifted its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 31.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,561 shares of the company's stock after acquiring an additional 7,146 shares during the period. Harel Insurance Investments & Financial Services Ltd.'s holdings in Cboe Global Markets were worth $6,689,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Forge First Asset Management Inc. acquired a new stake in shares of Cboe Global Markets during the 4th quarter worth approximately $8,461,000. Amundi boosted its stake in 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 Cboe Global Markets during the first quarter worth $1,541,000. Raymond James Financial Inc. acquired a new position in shares of Cboe Global Markets in the 4th quarter valued at $59,206,000. Finally, Unigestion Holding SA lifted its holdings in shares of Cboe Global Markets by 33.1% during the 1st quarter. Unigestion Holding SA now owns 75,244 shares of the company's stock worth $16,999,000 after acquiring an additional 18,733 shares during the period. Institutional investors own 82.67% of the company's stock.

Cboe Global Markets Price Performance

Shares of CBOE stock traded up $0.02 during trading hours on Friday, hitting $231.37. 325,337 shares of the company's stock were exchanged, compared to its average volume of 862,647. Cboe Global Markets, Inc. has a 52 week low of $166.88 and a 52 week high of $236.02. The stock has a market cap of $24.23 billion, a price-to-earnings ratio of 32.05, 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 current ratio of 1.78 and a quick ratio of 1.39. The stock's 50-day moving average is $226.31 and its 200-day moving average is $213.80.

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%. During the same quarter last year, the company posted $2.15 EPS. The company's revenue was up 12.6% compared to the same quarter last year. As a group, research analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 13th. Investors of record on Friday, May 30th were issued a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 1.09%. The ex-dividend date was Friday, May 30th. Cboe Global Markets's dividend payout ratio is 33.03%.

Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, EVP Catherine R. Clay sold 3,598 shares of Cboe Global Markets stock in a transaction on 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 sale, the executive vice president owned 2,183 shares of the company's stock, valued at approximately $494,624.14. The trade was a 62.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.22% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Bank of America reiterated a "neutral" rating and set a $227.00 target price (down from $260.00) on shares of Cboe Global Markets in a research report on Thursday, April 10th. Loop Capital set a $227.00 price target on shares of Cboe Global Markets in a research note on Monday, May 5th. UBS Group lifted their price objective on Cboe Global Markets from $235.00 to $245.00 and gave the company a "neutral" rating in a report on Monday, May 5th. Barclays increased their target price on Cboe Global Markets from $232.00 to $245.00 and gave the stock an "equal weight" rating in a report on Friday, May 2nd. Finally, Morgan Stanley cut Cboe Global Markets from an "overweight" rating to an "underweight" rating and lowered their price target for the company from $256.00 to $215.00 in a research report on Wednesday, May 14th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, Cboe Global Markets presently has an average rating of "Hold" and a consensus price target of $219.64.

Cboe Global Markets 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.