Raiffeisen Bank International AG Sells 13,498 Shares of Cboe Global Markets, Inc. $CBOE

Raiffeisen Bank International AG trimmed its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 69.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,979 shares of the company’s stock after selling 13,498 shares during the period. Raiffeisen Bank International AG’s holdings in Cboe Global Markets were worth $1,385,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Jones Financial Companies Lllp acquired a new position in Cboe Global Markets during the second quarter worth $25,000. Keating Financial Advisory Services Inc. acquired a new position in shares of Cboe Global Markets in the second quarter valued at approximately $26,000. University of Texas Texas AM Investment Management Co. bought a new position in shares of Cboe Global Markets during the fourth quarter worth approximately $26,000. Clearstead Trust LLC bought a new position in shares of Cboe Global Markets during the second quarter worth approximately $27,000. Finally, NFSG Corp acquired a new stake in Cboe Global Markets during the 1st quarter worth approximately $31,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on CBOE shares. JPMorgan Chase & Co. boosted their price target on Cboe Global Markets from $277.00 to $288.00 and gave the company an “underweight” rating in a research note on Tuesday, July 28th. TD Cowen raised their price objective on Cboe Global Markets from $304.00 to $315.00 and gave the stock a “hold” rating in a research note on Monday, August 3rd. Erste Group Bank downgraded shares of Cboe Global Markets from a “buy” rating to a “hold” rating in a report on Friday, June 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a research note on Monday, August 3rd. Finally, Barclays boosted their target price on shares of Cboe Global Markets from $347.00 to $354.00 and gave the stock an “overweight” rating in a research note on Monday, August 3rd. Three investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $315.30.

Cboe Global Markets Trading Down 0.0%

BATS CBOE opened at $298.38 on Friday. The stock has a market capitalization of $31.65 billion, a P/E ratio of 153.80 and a beta of 0.61. Cboe Global Markets, Inc. has a one year low of $227.15 and a one year high of $371.18. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The business has a 50 day simple moving average of $284.38 and a 200 day simple moving average of $294.98.

Cboe Global Markets (BATS:CBOE) last issued its earnings results on Friday, July 31st. The company reported $3.56 EPS for the quarter, beating analysts’ consensus estimates of $3.49 by $0.07. The business had revenue of $731.60 million during the quarter, compared to analyst estimates of $716.61 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The firm’s revenue was up 24.6% compared to the same quarter last year. During the same period in the previous year, the company posted $2.46 EPS. Research analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a dividend of $0.86 per share. This represents a $3.44 annualized dividend and a yield of 1.2%. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.72. The ex-dividend date is Monday, August 31st. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

Insider Transactions at Cboe Global Markets

In related news, Director Janet Froetscher sold 937 shares of the stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $278.95, for a total value of $261,376.15. Following the completion of the sale, the director directly owned 12,870 shares of the company’s stock, valued at approximately $3,590,086.50. This represents a 6.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.51% of the company’s stock.

About Cboe Global Markets

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. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.