Vontobel Holding Ltd. Has $1.43 Million Holdings in Cboe Global Markets, Inc. $CBOE

Vontobel Holding Ltd. cut its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 16.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,141 shares of the company's stock after selling 1,187 shares during the period. Vontobel Holding Ltd.'s holdings in Cboe Global Markets were worth $1,432,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the stock. Shell Asset Management Co. lifted its position in Cboe Global Markets by 17.0% during the second quarter. Shell Asset Management Co. now owns 35,577 shares of the company's stock worth $8,297,000 after acquiring an additional 5,157 shares during the last quarter. KLP Kapitalforvaltning AS raised its position in shares of Cboe Global Markets by 1.8% in the second quarter. KLP Kapitalforvaltning AS now owns 38,600 shares of the company's stock valued at $9,002,000 after buying an additional 700 shares in the last quarter. Meitav Investment House Ltd. acquired a new stake in shares of Cboe Global Markets in the second quarter valued at approximately $3,667,000. Belpointe Asset Management LLC raised its position in shares of Cboe Global Markets by 35.0% in the second quarter. Belpointe Asset Management LLC now owns 2,017 shares of the company's stock valued at $471,000 after buying an additional 523 shares in the last quarter. Finally, Marietta Wealth Management LLC raised its position in shares of Cboe Global Markets by 5.8% in the second quarter. Marietta Wealth Management LLC now owns 15,034 shares of the company's stock valued at $3,506,000 after buying an additional 826 shares in the last quarter. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Stock Performance

Shares of Cboe Global Markets stock opened at $244.71 on Friday. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a twelve month low of $187.30 and a twelve month high of $255.27. The stock has a market cap of $25.59 billion, a price-to-earnings ratio of 33.89, a P/E/G ratio of 1.75 and a beta of 0.44. The company's fifty day moving average is $241.40 and its 200 day moving average is $231.48.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its earnings results on Friday, August 1st. The company reported $2.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.43 by $0.03. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. The company's revenue for the quarter was up 14.3% compared to the same quarter last year. During the same period last year, the business earned $2.15 EPS. Sell-side analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Friday, August 29th were issued a dividend of $0.72 per share. This is an increase from Cboe Global Markets's previous quarterly dividend of $0.63. This represents a $2.88 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, August 29th. Cboe Global Markets's dividend payout ratio (DPR) is currently 33.76%.

Analysts Set New Price Targets

CBOE has been the subject of a number of analyst reports. Loop Capital set a $264.00 price target on shares of Cboe Global Markets in a research report on Wednesday. Oppenheimer set a $265.00 price objective on shares of Cboe Global Markets and gave the company an "outperform" rating in a research report on Monday, August 4th. Citigroup boosted their price objective on shares of Cboe Global Markets from $230.00 to $245.00 and gave the company a "neutral" rating in a research report on Tuesday, July 8th. UBS Group restated a "neutral" rating and set a $255.00 price objective (up from $245.00) on shares of Cboe Global Markets in a research report on Monday, August 4th. Finally, Piper Sandler boosted their target price on shares of Cboe Global Markets from $250.00 to $265.00 and gave the stock an "overweight" rating in a research note on Monday, August 4th. Two equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Reduce" and an average price target of $235.08.

Cboe Global Markets Company 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.

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