Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Sold by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 77.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 213,241 shares of the company's stock after selling 718,659 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.20% of Cboe Global Markets worth $41,667,000 as of its most recent filing with the Securities and Exchange Commission.

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

Insider Activity

In related news, EVP Catherine R. Clay sold 3,598 shares of the business's 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 transaction, the executive vice president now owns 2,183 shares of the company's stock, valued at $494,624.14. The trade was a 62.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.22% of the company's stock.

Cboe Global Markets Price Performance

Shares of Cboe Global Markets stock traded up $2.62 during trading on Friday, reaching $229.23. 141,777 shares of the stock traded hands, compared to its average volume of 897,959. The company has a market capitalization of $24.00 billion, a price-to-earnings ratio of 31.75, a P/E/G ratio of 1.75 and a beta of 0.44. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $236.02. 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 business has a fifty day simple moving average of $220.26 and a two-hundred day simple moving average of $210.28.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its quarterly earnings results on Friday, May 2nd. The company reported $2.50 EPS for the quarter, topping the consensus estimate of $2.36 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. During the same period last year, the company earned $2.15 earnings per share. The company's revenue for the quarter was up 12.6% on a year-over-year basis. Sell-side analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

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

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on CBOE. Oppenheimer raised their price objective on Cboe Global Markets from $237.00 to $249.00 and gave the stock an "outperform" rating in a research report on Monday, May 5th. Loop Capital set a $227.00 target price on Cboe Global Markets in a research report on Monday, May 5th. Wall Street Zen raised Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. 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 research report on Friday, May 2nd. Finally, UBS Group increased their price target on Cboe Global Markets from $235.00 to $245.00 and gave the company a "neutral" rating in a report on Monday, May 5th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price 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.