Cboe Global Markets, Inc. $CBOE Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH lessened its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 6.8% in the third quarter, Holdings Channel reports. The institutional investor owned 127,394 shares of the company’s stock after selling 9,296 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Cboe Global Markets were worth $31,243,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in CBOE. IHT Wealth Management LLC increased its position in shares of Cboe Global Markets by 4.5% in the 2nd quarter. IHT Wealth Management LLC now owns 1,021 shares of the company’s stock worth $238,000 after purchasing an additional 44 shares during the last quarter. Apollon Wealth Management LLC grew its stake in Cboe Global Markets by 3.7% in the second quarter. Apollon Wealth Management LLC now owns 1,262 shares of the company’s stock worth $294,000 after purchasing an additional 45 shares in the last quarter. Dorsey & Whitney Trust CO LLC increased its holdings in Cboe Global Markets by 3.2% in the second quarter. Dorsey & Whitney Trust CO LLC now owns 1,498 shares of the company’s stock valued at $349,000 after buying an additional 46 shares during the last quarter. Concurrent Investment Advisors LLC raised its stake in Cboe Global Markets by 3.3% during the third quarter. Concurrent Investment Advisors LLC now owns 1,438 shares of the company’s stock valued at $353,000 after buying an additional 46 shares in the last quarter. Finally, Brown Advisory Inc. lifted its holdings in Cboe Global Markets by 3.9% during the 2nd quarter. Brown Advisory Inc. now owns 1,499 shares of the company’s stock worth $350,000 after buying an additional 56 shares during the last quarter. 82.67% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on CBOE shares. Keefe, Bruyette & Woods boosted their price target on Cboe Global Markets from $257.00 to $269.00 and gave the company a “market perform” rating in a report on Monday, November 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Cboe Global Markets in a research note on Monday, November 3rd. Zacks Research cut shares of Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 1st. Morgan Stanley lifted their price target on shares of Cboe Global Markets from $221.00 to $240.00 and gave the company an “underweight” rating in a report on Monday, December 22nd. Finally, TD Cowen reaffirmed a “hold” rating on shares of Cboe Global Markets in a research report on Wednesday, January 14th. Four equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $268.36.

Cboe Global Markets Stock Performance

CBOE stock opened at $277.12 on Friday. Cboe Global Markets, Inc. has a 1 year low of $197.10 and a 1 year high of $278.50. The stock has a market capitalization of $29.00 billion, a price-to-earnings ratio of 38.38, a PEG ratio of 1.75 and a beta of 0.36. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The stock’s fifty day moving average is $257.02 and its two-hundred day moving average is $247.00.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings data on Friday, October 31st. The company reported $2.67 earnings per share for the quarter, topping analysts’ consensus estimates of $2.53 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. The business’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.22 EPS. On average, research analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were issued a dividend of $0.72 per share. This represents a dividend yield of 112.0%. The ex-dividend date of this dividend was Friday, November 28th. Cboe Global Markets’s payout ratio is 30.93%.

About Cboe Global Markets

Cboe Global Markets (NASDAQ: CBOE) is a global market infrastructure company that operates a family of exchanges and trading venues across listed derivatives, cash equities and foreign exchange. Its product suite includes options and futures markets, multiple U.S. equities exchanges, a derivatives exchange for volatility and other products, proprietary benchmark indexes (notably the Cboe Volatility Index, or VIX), market data and analytics, and trading technology and connectivity services. Cboe also provides market-access and order-routing tools used by broker-dealers, institutional investors and professional traders.

The company traces its roots to the Chicago Board Options Exchange, which was established in 1973 to create a centralized market for listed options; over the years the business expanded through organic growth and strategic acquisitions to become a multi-asset, multi-venue operator.