Siemens Fonds Invest GmbH Sells 8,006 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Siemens Fonds Invest GmbH cut its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 46.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 9,329 shares of the company’s stock after selling 8,006 shares during the period. Siemens Fonds Invest GmbH’s holdings in Cboe Global Markets were worth $2,006,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Greenline Partners LLC bought a new position in shares of Cboe Global Markets in the fourth quarter valued at about $29,000. Lee Danner & Bass Inc. bought a new position in shares of Cboe Global Markets in the fourth quarter valued at about $29,000. Kestra Investment Management LLC bought a new position in shares of Cboe Global Markets in the fourth quarter valued at about $31,000. Sugar Maple Asset Management LLC acquired a new position in shares of Cboe Global Markets in the fourth quarter valued at about $36,000. Finally, Generali Asset Management SPA SGR acquired a new position in shares of Cboe Global Markets in the fourth quarter valued at about $37,000. 82.67% of the stock is owned by institutional investors.

Insider Activity

In other news, CAO Allen Wilkinson sold 228 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $211.12, for a total value of $48,135.36. Following the sale, the chief accounting officer now directly owns 248 shares in the company, valued at approximately $52,357.76. This trade represents a 47.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Adam Inzirillo sold 200 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $209.67, for a total transaction of $41,934.00. Following the completion of the sale, the executive vice president now owns 1,993 shares in the company, valued at approximately $417,872.31. The trade was a 9.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.22% of the stock is currently owned by corporate insiders.

Cboe Global Markets Stock Up 0.8%

Shares of Cboe Global Markets stock opened at $220.95 on Friday. The firm has a market capitalization of $23.14 billion, a P/E ratio of 30.60, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. Cboe Global Markets, Inc. has a 12-month low of $166.13 and a 12-month high of $236.02. The business’s 50-day moving average price is $217.91.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings data on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.36 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same quarter in the prior year, the business earned $2.15 EPS. Cboe Global Markets’s quarterly revenue was up 12.6% on a year-over-year basis. On average, sell-side analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be paid a $0.63 dividend. The ex-dividend date is Friday, May 30th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.14%. Cboe Global Markets’s payout ratio is currently 33.03%.

Analysts Set New Price Targets

Several research firms recently commented on CBOE. Barclays upped their price target on shares of Cboe Global Markets from $232.00 to $245.00 and gave the company an “equal weight” rating in a research note on Friday, May 2nd. Cowen restated a “hold” rating on shares of Cboe Global Markets in a research note on Monday, May 5th. StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Tuesday, March 4th. Morgan Stanley downgraded shares of Cboe Global Markets from an “overweight” rating to an “underweight” rating and decreased their price target for the company from $256.00 to $215.00 in a research note on Wednesday. Finally, Oppenheimer upped their price target on shares of Cboe Global Markets from $237.00 to $249.00 and gave the company an “outperform” rating in a research note on Monday, May 5th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $219.64.

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.