Vontobel Holding Ltd. Sells 1,123 Shares of Cboe Global Markets, Inc. (BATS:CBOE)

Vontobel Holding Ltd. reduced its stake in Cboe Global Markets, Inc. (BATS:CBOE) by 7.6% during the 4th quarter, Holdings Channel reports. The fund owned 13,617 shares of the company’s stock after selling 1,123 shares during the period. Vontobel Holding Ltd.’s holdings in Cboe Global Markets were worth $2,431,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the stock. Farmers & Merchants Trust Co of Chambersburg PA acquired a new position in shares of Cboe Global Markets in the fourth quarter valued at approximately $30,000. Allworth Financial LP grew its holdings in Cboe Global Markets by 75.3% in the 4th quarter. Allworth Financial LP now owns 170 shares of the company’s stock valued at $30,000 after buying an additional 73 shares in the last quarter. ORG Partners LLC bought a new position in Cboe Global Markets during the 4th quarter worth $31,000. BKM Wealth Management LLC acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth $33,000. Finally, NBC Securities Inc. bought a new stake in shares of Cboe Global Markets in the third quarter valued at about $29,000. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CBOE has been the subject of several analyst reports. Oppenheimer lifted their price objective on shares of Cboe Global Markets from $201.00 to $206.00 and gave the stock an “outperform” rating in a research note on Monday, February 5th. Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $197.00 price target on shares of Cboe Global Markets in a research report on Thursday, April 4th. Citigroup boosted their price target on Cboe Global Markets from $170.00 to $188.00 and gave the company a “neutral” rating in a research note on Friday, January 12th. Rosenblatt Securities raised their price objective on Cboe Global Markets from $192.00 to $200.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Finally, Barclays upped their target price on Cboe Global Markets from $200.00 to $211.00 and gave the company an “overweight” rating in a research report on Monday, April 8th. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $187.36.

Insider Buying and Selling at Cboe Global Markets

In other news, EVP Dave Howson sold 8,314 shares of the stock in a transaction on Friday, February 9th. The stock was sold at an average price of $183.88, for a total value of $1,528,778.32. Following the completion of the transaction, the executive vice president now directly owns 17,573 shares in the company, valued at approximately $3,231,323.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.51% of the company’s stock.

Cboe Global Markets Trading Up 0.3 %

Shares of CBOE opened at $177.51 on Friday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. Cboe Global Markets, Inc. has a 52-week low of $103.82 and a 52-week high of $139.00. The firm has a market cap of $18.83 billion, a price-to-earnings ratio of 91.50 and a beta of 0.61. The business’s fifty day moving average is $184.39 and its 200-day moving average is $178.07.

Cboe Global Markets (BATS:CBOE) last released its earnings results on Friday, February 2nd. The company reported $2.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.04 by $0.02. The firm had revenue of $499.00 million for the quarter, compared to analysts’ expectations of $510.65 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The business’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.80 earnings per share. Equities analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were paid a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 1.24%. The ex-dividend date was Wednesday, February 28th. Cboe Global Markets’s payout ratio is 98.97%.

Cboe Global Markets Profile

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S.