Mirae Asset Global Investments Co. Ltd. Buys 3,646 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Mirae Asset Global Investments Co. Ltd. grew its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 15.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 27,826 shares of the company's stock after purchasing an additional 3,646 shares during the quarter. Mirae Asset Global Investments Co. Ltd.'s holdings in Cboe Global Markets were worth $6,196,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in CBOE. Summit Financial LLC increased its holdings in shares of Cboe Global Markets by 0.4% in the fourth quarter. Summit Financial LLC now owns 10,908 shares of the company's stock valued at $2,131,000 after purchasing an additional 48 shares in the last quarter. Ritholtz Wealth Management increased its stake in shares of Cboe Global Markets by 0.9% in the 1st quarter. Ritholtz Wealth Management now owns 5,592 shares of the company's stock valued at $1,265,000 after buying an additional 48 shares during the period. Exencial Wealth Advisors LLC increased its stake in shares of Cboe Global Markets by 1.1% in the 4th quarter. Exencial Wealth Advisors LLC now owns 4,570 shares of the company's stock valued at $893,000 after buying an additional 50 shares during the period. Inspire Advisors LLC raised its position in shares of Cboe Global Markets by 1.6% during the fourth quarter. Inspire Advisors LLC now owns 3,127 shares of the company's stock worth $611,000 after acquiring an additional 50 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in shares of Cboe Global Markets by 40.5% during the fourth quarter. Jones Financial Companies Lllp now owns 215 shares of the company's stock valued at $42,000 after acquiring an additional 62 shares during the period. Institutional investors own 82.67% of the company's stock.

Insider Activity

In other news, EVP Catherine R. Clay sold 3,598 shares of the firm's stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $226.58, for a total transaction of $815,234.84. Following the sale, the executive vice president owned 2,183 shares of the company's stock, valued at $494,624.14. This trade represents a 62.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.22% of the stock is owned by company insiders.

Cboe Global Markets Trading Up 0.0%

NASDAQ:CBOE traded up $0.02 during trading hours on Thursday, hitting $231.37. The stock had a trading volume of 325,337 shares, compared to its average volume of 862,647. The business's 50 day moving average is $225.95 and its 200-day moving average is $213.57. 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 company has a market cap of $24.23 billion, a price-to-earnings ratio of 32.05, a P/E/G ratio of 1.75 and a beta of 0.43. Cboe Global Markets, Inc. has a one year low of $166.88 and a one year high of $236.02.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced its quarterly earnings results on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) for the quarter, beating the consensus estimate 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 period last year, the business posted $2.15 earnings per share. The firm's revenue for the quarter was up 12.6% compared to the same quarter last year. Sell-side analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 30th were paid a $0.63 dividend. The ex-dividend date of this dividend was Friday, May 30th. This represents a $2.52 dividend on an annualized basis and a yield of 1.09%. Cboe Global Markets's payout ratio is 33.03%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on CBOE. Bank of America reiterated a "neutral" rating and issued a $227.00 price objective (down from $260.00) on shares of Cboe Global Markets in a research report on Thursday, April 10th. UBS Group lifted their price target on shares of Cboe Global Markets from $235.00 to $245.00 and gave the stock a "neutral" rating in a research report on Monday, May 5th. Barclays boosted their price target on shares of Cboe Global Markets from $232.00 to $245.00 and gave the stock an "equal weight" rating in a research note on Friday, May 2nd. Piper Sandler raised their price objective on shares of Cboe Global Markets from $234.00 to $245.00 and gave the company an "overweight" rating in a research note on Monday, May 5th. Finally, Cowen reaffirmed a "hold" rating on shares of Cboe Global Markets in a report on Monday, May 5th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $219.64.

About Cboe Global Markets

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.