Mirae Asset Global Investments Co. Ltd. Reduces Stock Holdings in Cboe Global Markets, Inc. (BATS:CBOE)

Mirae Asset Global Investments Co. Ltd. reduced its holdings in Cboe Global Markets, Inc. (BATS:CBOE) by 29.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,806 shares of the company’s stock after selling 9,374 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Cboe Global Markets were worth $4,072,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in CBOE. Heartland Bank & Trust Co boosted its holdings in Cboe Global Markets by 1.5% during the third quarter. Heartland Bank & Trust Co now owns 4,355 shares of the company’s stock worth $680,000 after buying an additional 66 shares in the last quarter. Pinnacle Associates Ltd. boosted its holdings in Cboe Global Markets by 5.2% during the fourth quarter. Pinnacle Associates Ltd. now owns 1,366 shares of the company’s stock worth $244,000 after buying an additional 67 shares in the last quarter. Allworth Financial LP boosted its holdings in Cboe Global Markets by 75.3% during the fourth quarter. Allworth Financial LP now owns 170 shares of the company’s stock worth $30,000 after buying an additional 73 shares in the last quarter. Moors & Cabot Inc. boosted its holdings in Cboe Global Markets by 2.3% during the third quarter. Moors & Cabot Inc. now owns 3,305 shares of the company’s stock worth $516,000 after buying an additional 75 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC boosted its holdings in Cboe Global Markets by 1.5% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 5,123 shares of the company’s stock worth $800,000 after buying an additional 76 shares in the last quarter. 81.73% of the stock is owned by hedge funds and other institutional investors.

Cboe Global Markets Price Performance

Shares of BATS CBOE opened at $177.37 on Tuesday. The firm has a 50-day simple moving average of $184.76 and a 200-day simple moving average of $177.94. The stock has a market capitalization of $18.81 billion, a price-to-earnings ratio of 91.43 and a beta of 0.61. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. Cboe Global Markets, Inc. has a 52 week low of $103.82 and a 52 week high of $139.00.

Cboe Global Markets (BATS:CBOE) last released its quarterly earnings data on Friday, February 2nd. The company reported $2.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.02. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The firm had revenue of $499.00 million during the quarter, compared to analysts’ expectations of $510.65 million. During the same period last year, the business earned $1.80 earnings per share. Cboe Global Markets’s revenue was up 9.2% compared to the same quarter last year. On average, equities analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were paid a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 1.24%. The ex-dividend date was Wednesday, February 28th. Cboe Global Markets’s payout ratio is 98.97%.

Insider Activity at Cboe Global Markets

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

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Oppenheimer increased their price target 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. Barclays increased their price objective on shares of Cboe Global Markets from $200.00 to $211.00 and gave the company an “overweight” rating in a report on Monday, April 8th. Morgan Stanley reaffirmed an “equal weight” rating and set a $199.00 price objective (down from $211.00) on shares of Cboe Global Markets in a report on Tuesday, April 9th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $197.00 price objective on shares of Cboe Global Markets in a report on Thursday, April 4th. Finally, Rosenblatt Securities increased their price objective on shares of Cboe Global Markets from $192.00 to $200.00 and gave the company a “buy” rating in a report on Monday, February 5th. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, Cboe Global Markets presently has an average rating of “Hold” and a consensus target price of $187.36.

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.