Siemens Fonds Invest GmbH Sells 8,006 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Siemens Fonds Invest GmbH decreased its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 46.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,329 shares of the company's stock after selling 8,006 shares during the quarter. Siemens Fonds Invest GmbH's holdings in Cboe Global Markets were worth $2,006,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Cim LLC raised its stake in Cboe Global Markets by 1.7% during the fourth quarter. Cim LLC now owns 6,011 shares of the company's stock worth $1,175,000 after acquiring an additional 102 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Cboe Global Markets during the fourth quarter worth about $15,349,000. B. Riley Wealth Advisors Inc. raised its stake in Cboe Global Markets by 13.2% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 1,346 shares of the company's stock worth $263,000 after acquiring an additional 157 shares during the period. Peak Retirement Planning Inc. acquired a new stake in Cboe Global Markets during the fourth quarter worth about $815,000. Finally, Toronto Dominion Bank raised its stake in Cboe Global Markets by 6.8% during the fourth quarter. Toronto Dominion Bank now owns 56,019 shares of the company's stock worth $10,946,000 after acquiring an additional 3,589 shares during the period. Institutional investors and hedge funds own 82.67% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Oppenheimer upped their target price on shares of Cboe Global Markets from $237.00 to $249.00 and gave the stock an "outperform" rating in a research report on Monday, May 5th. Piper Sandler upped their target price on shares of Cboe Global Markets from $234.00 to $245.00 and gave the stock an "overweight" rating in a research report on Monday, May 5th. UBS Group upped their target price on shares of Cboe Global Markets from $235.00 to $245.00 and gave the stock a "neutral" rating in a research report on Monday, May 5th. Wall Street Zen upgraded shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a research report on Tuesday, March 4th. Finally, Barclays upped their target price on shares of Cboe Global Markets from $232.00 to $245.00 and gave the stock an "equal weight" rating in a research report on Friday, May 2nd. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $219.64.

Cboe Global Markets Trading Up 0.8%

Shares of NASDAQ:CBOE traded up $1.88 during mid-day trading on Friday, hitting $229.12. The stock had a trading volume of 1,170,065 shares, compared to its average volume of 899,290. 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 company has a market cap of $23.99 billion, a PE ratio of 31.73, a P/E/G ratio of 1.75 and a beta of 0.44. Cboe Global Markets, Inc. has a 12-month low of $166.13 and a 12-month high of $236.02. The company's 50 day moving average is $220.56 and its 200-day moving average is $210.49.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its quarterly earnings results on Friday, May 2nd. The company reported $2.50 EPS for the quarter, beating 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 company's 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. On average, sell-side analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be given a $0.63 dividend. The ex-dividend date is Friday, May 30th. This represents a $2.52 dividend on an annualized basis and a yield of 1.10%. Cboe Global Markets's payout ratio is 33.03%.

Insiders Place Their Bets

In other Cboe Global Markets news, EVP Catherine R. Clay sold 3,598 shares of the stock in a transaction that occurred on Friday, May 23rd. The shares were 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 now owns 2,183 shares in the company, valued at $494,624.14. This represents a 62.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available 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.