MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Acquires 2,251 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 9.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 26,436 shares of the company's stock after purchasing an additional 2,251 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in Cboe Global Markets were worth $5,166,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in CBOE. Alliancebernstein L.P. grew its position in Cboe Global Markets by 208.4% in the 4th quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company's stock worth $1,501,745,000 after purchasing an additional 5,193,339 shares in the last quarter. Norges Bank bought a new position in shares of Cboe Global Markets during the 4th quarter valued at approximately $269,524,000. Raymond James Financial Inc. bought a new position in shares of Cboe Global Markets during the 4th quarter valued at approximately $59,206,000. First Trust Advisors LP grew its position in shares of Cboe Global Markets by 756.0% during the 4th quarter. First Trust Advisors LP now owns 298,450 shares of the company's stock valued at $58,317,000 after acquiring an additional 263,585 shares during the period. Finally, Balyasny Asset Management L.P. grew its position in shares of Cboe Global Markets by 108.3% during the 4th quarter. Balyasny Asset Management L.P. now owns 17,901 shares of the company's stock valued at $3,498,000 after acquiring an additional 234,199 shares during the period. 82.67% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

CBOE has been the subject of a number of research reports. Cowen reissued a "hold" rating on shares of Cboe Global Markets in a research report on Monday, May 5th. 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. UBS Group upped their price target on shares of Cboe Global Markets from $235.00 to $245.00 and gave the company a "neutral" rating in a research note on Monday, May 5th. Wall Street Zen upgraded shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Tuesday, March 4th. Finally, Bank of America restated a "neutral" rating and set a $227.00 price target (down from $260.00) on shares of Cboe Global Markets in a research note on Thursday, April 10th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $219.64.

Insiders Place Their Bets

In other news, CAO Allen Wilkinson sold 228 shares of the stock in a transaction 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 transaction, the chief accounting officer now owns 248 shares of the company's stock, valued at $52,357.76. This represents a 47.90% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.22% of the company's stock.

Cboe Global Markets Stock Performance

NASDAQ CBOE traded up $3.16 on Friday, hitting $231.58. The stock had a trading volume of 637,635 shares, compared to its average volume of 911,725. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $236.02. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $24.25 billion, a P/E ratio of 32.07, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44. The business has a 50-day moving average of $219.24.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted its earnings results on Friday, May 2nd. The company reported $2.50 earnings per share (EPS) for the quarter, topping 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 in the previous year, the firm posted $2.15 EPS. The firm's quarterly revenue was up 12.6% on a year-over-year basis. As a group, research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

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

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.