Zurcher Kantonalbank Zurich Cantonalbank Grows Holdings in Cboe Global Markets, Inc. (BATS:CBOE)

Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Cboe Global Markets, Inc. (BATS:CBOE) by 0.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 55,292 shares of the company’s stock after acquiring an additional 373 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Cboe Global Markets were worth $9,879,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in shares of Cboe Global Markets by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 12,382,015 shares of the company’s stock worth $1,416,751,000 after purchasing an additional 185,967 shares during the last quarter. Geode Capital Management LLC raised its stake in Cboe Global Markets by 3.4% during the first quarter. Geode Capital Management LLC now owns 2,398,830 shares of the company’s stock valued at $321,793,000 after buying an additional 79,184 shares in the last quarter. FMR LLC lifted its holdings in Cboe Global Markets by 15.1% during the 3rd quarter. FMR LLC now owns 2,206,823 shares of the company’s stock worth $344,728,000 after buying an additional 289,048 shares during the last quarter. Morgan Stanley raised its position in shares of Cboe Global Markets by 24.5% during the 3rd quarter. Morgan Stanley now owns 1,742,946 shares of the company’s stock valued at $272,266,000 after acquiring an additional 342,505 shares in the last quarter. Finally, Norges Bank bought a new position in Cboe Global Markets during the fourth quarter worth $159,764,000. 81.73% of the stock is owned by institutional investors and hedge funds.

Cboe Global Markets Stock Up 1.6 %

CBOE opened at $180.40 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. Cboe Global Markets, Inc. has a 12 month low of $103.82 and a 12 month high of $139.00. The stock’s 50 day moving average price is $184.33 and its 200 day moving average price is $178.23. The stock has a market cap of $19.13 billion, a P/E ratio of 92.99 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings data on Friday, February 2nd. The company reported $2.06 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.02. The business had revenue of $499.00 million during the quarter, compared to the consensus estimate of $510.65 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The company’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.80 earnings per share. As a group, research analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current 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 dividend of $0.55 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.22%. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, EVP Dave Howson sold 5,322 shares of the company’s stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $186.96, for a total value of $995,001.12. Following the completion of the sale, the executive vice president now directly owns 17,573 shares in the company, valued at $3,285,448.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.51% of the company’s stock.

Analysts Set New Price Targets

CBOE has been the subject of a number of research 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 report on Monday, February 5th. Citigroup lifted their price target on shares of Cboe Global Markets from $170.00 to $188.00 and gave the company a “neutral” rating in a report on Friday, January 12th. Bank of America increased their price objective on shares of Cboe Global Markets from $200.00 to $204.00 and gave the stock a “buy” rating in a research note on Friday. Morgan Stanley restated an “equal weight” rating and issued a $199.00 target price (down from $211.00) on shares of Cboe Global Markets in a research note on Tuesday, April 9th. Finally, Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $197.00 price target on shares of Cboe Global Markets in a research report on Thursday, April 4th. Seven research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, Cboe Global Markets has an average rating of “Hold” and an average price target of $190.18.

Cboe Global Markets Company 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.