Zurcher Kantonalbank Zurich Cantonalbank lessened its holdings in shares of Cboe Global Markets (NASDAQ:CBOE) by 80.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,623 shares of the financial services provider’s stock after selling 72,097 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Cboe Global Markets were worth $2,011,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in CBOE. California Public Employees Retirement System raised its stake in shares of Cboe Global Markets by 3.6% during the fourth quarter. California Public Employees Retirement System now owns 250,758 shares of the financial services provider’s stock valued at $31,242,000 after acquiring an additional 8,708 shares in the last quarter. Deutsche Bank AG raised its stake in shares of Cboe Global Markets by 74.8% during the fourth quarter. Deutsche Bank AG now owns 294,038 shares of the financial services provider’s stock valued at $36,630,000 after acquiring an additional 125,858 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Cboe Global Markets by 163.4% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 236,767 shares of the financial services provider’s stock valued at $29,499,000 after acquiring an additional 146,867 shares in the last quarter. Bank of Montreal Can raised its stake in shares of Cboe Global Markets by 5.4% during the fourth quarter. Bank of Montreal Can now owns 306,378 shares of the financial services provider’s stock valued at $38,172,000 after acquiring an additional 15,758 shares in the last quarter. Finally, First Trust Advisors LP raised its stake in shares of Cboe Global Markets by 63.1% during the fourth quarter. First Trust Advisors LP now owns 322,384 shares of the financial services provider’s stock valued at $40,166,000 after acquiring an additional 124,755 shares in the last quarter. Institutional investors and hedge funds own 83.72% of the company’s stock.

Shares of Cboe Global Markets opened at $108.45 on Thursday, MarketBeat.com reports. The company has a market capitalization of $12.16 billion, a P/E ratio of 31.71, a price-to-earnings-growth ratio of 1.36 and a beta of 0.63. Cboe Global Markets has a 52 week low of $107.54 and a 52 week high of $108.44. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.38.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings data on Friday, May 4th. The financial services provider reported $1.38 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.11. The company had revenue of $328.50 million during the quarter, compared to the consensus estimate of $313.78 million. Cboe Global Markets had a net margin of 18.82% and a return on equity of 15.06%. Cboe Global Markets’s revenue for the quarter was up 69.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.78 earnings per share. sell-side analysts predict that Cboe Global Markets will post 4.68 EPS for the current fiscal year.

Cboe Global Markets declared that its board has initiated a stock buyback program on Tuesday, February 27th that permits the company to repurchase $150.00 million in outstanding shares. This repurchase authorization permits the financial services provider to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company’s management believes its shares are undervalued.

CBOE has been the subject of several research analyst reports. UBS reaffirmed a “buy” rating and set a $120.00 price target (down previously from $136.00) on shares of Cboe Global Markets in a research note on Tuesday, February 13th. Deutsche Bank raised shares of Cboe Global Markets from a “hold” rating to a “buy” rating and lifted their price target for the company from $120.00 to $127.00 in a research note on Tuesday, February 13th. Bank of America decreased their price target on shares of Cboe Global Markets from $139.00 to $123.00 and set a “buy” rating for the company in a research note on Monday, February 12th. Rosenblatt Securities raised shares of Cboe Global Markets from a “neutral” rating to a “buy” rating in a research note on Monday, February 12th. Finally, BidaskClub raised shares of Cboe Global Markets from a “hold” rating to a “buy” rating in a research note on Friday, January 26th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $119.17.

Cboe Global Markets Company Profile

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange in the United States. The company operates in five segments: Options, U.S. Equities, Futures, European Equities, and Global FX. The Options segment trades in listed market indexes. The U.S. Equities segment trades in listed cash equities; and provides exchange-traded products (ETP) transaction and ETP listing services.

Institutional Ownership by Quarter for Cboe Global Markets (NASDAQ:CBOE)

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