Bank Julius Baer & Co. Ltd Zurich Purchases 7,660 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Bank Julius Baer & Co. Ltd Zurich grew its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 15.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,018 shares of the company’s stock after purchasing an additional 7,660 shares during the period. Bank Julius Baer & Co. Ltd Zurich owned about 0.05% of Cboe Global Markets worth $11,260,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Raymond James Financial Inc. purchased a new stake in Cboe Global Markets in the fourth quarter worth about $59,206,000. Victory Capital Management Inc. grew its position in Cboe Global Markets by 64.2% in the fourth quarter. Victory Capital Management Inc. now owns 391,636 shares of the company’s stock worth $76,526,000 after acquiring an additional 153,184 shares in the last quarter. E. Ohman J or Asset Management AB raised its stake in shares of Cboe Global Markets by 4,157.6% in the fourth quarter. E. Ohman J or Asset Management AB now owns 155,616 shares of the company’s stock valued at $30,407,000 after acquiring an additional 151,961 shares during the period. abrdn plc lifted its stake in Cboe Global Markets by 341.2% in the fourth quarter. abrdn plc now owns 190,017 shares of the company’s stock worth $37,145,000 after purchasing an additional 146,945 shares during the last quarter. Finally, Barclays PLC boosted its holdings in Cboe Global Markets by 27.9% during the 3rd quarter. Barclays PLC now owns 535,284 shares of the company’s stock valued at $109,662,000 after acquiring an additional 116,852 shares during the period. 82.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Barclays boosted their price objective on shares of Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a research note on Monday, February 10th. JPMorgan Chase & Co. restated an “underweight” rating and set a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. The Goldman Sachs Group cut Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective for the company. in a research note on Monday, January 6th. William Blair initiated coverage on Cboe Global Markets in a research report on Thursday, January 9th. They set a “market perform” rating on the stock. Finally, Oppenheimer lowered their price target on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a report on Monday, January 13th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $206.86.

Cboe Global Markets Price Performance

CBOE stock opened at $213.63 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. The firm has a market capitalization of $22.37 billion, a price-to-earnings ratio of 29.59, a PEG ratio of 1.75 and a beta of 0.67. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $221.66. The firm has a 50 day simple moving average of $203.04.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.04). 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 business posted $2.06 earnings per share. As a group, sell-side analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a $0.63 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.52 dividend on an annualized basis and a yield of 1.18%. Cboe Global Markets’s dividend payout ratio is currently 34.90%.

Insider Buying and Selling at Cboe Global Markets

In other news, EVP Adam Inzirillo sold 200 shares of the business’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total value of $41,934.00. Following the completion of the sale, the executive vice president now directly owns 1,993 shares in the company, valued at approximately $417,872.31. The trade was a 9.12 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Dave Howson sold 11,036 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the completion of the transaction, the executive vice president now owns 8,025 shares in the company, valued at approximately $1,653,230.25. The trade was a 57.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,544 shares of company stock valued at $2,380,529 in the last ninety days. 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.