Mufg Securities Americas Inc. Acquires New Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Mufg Securities Americas Inc. purchased a new stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,546 shares of the company's stock, valued at approximately $302,000.

Other large investors have also made changes to their positions in the company. Oak Harvest Investment Services bought a new stake in Cboe Global Markets in the 4th quarter valued at $977,000. Forge First Asset Management Inc. purchased a new position in Cboe Global Markets during the 4th quarter valued at approximately $8,461,000. Mirae Asset Global Investments Co. Ltd. increased its stake in Cboe Global Markets by 40.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company's stock worth $4,750,000 after acquiring an additional 6,943 shares during the last quarter. Brentview Investment Management LLC bought a new stake in Cboe Global Markets in the 4th quarter worth approximately $3,278,000. Finally, Skylands Capital LLC raised its holdings in shares of Cboe Global Markets by 88.9% during the 4th quarter. Skylands Capital LLC now owns 8,500 shares of the company's stock worth $1,661,000 after acquiring an additional 4,000 shares in the last quarter. 82.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, CAO Allen Wilkinson sold 228 shares of the company's stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $211.12, for a total value of $48,135.36. Following the transaction, the chief accounting officer now directly owns 248 shares in the company, valued at approximately $52,357.76. This represents a 47.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.22% of the company's stock.

Cboe Global Markets Price Performance

NASDAQ:CBOE traded down $0.83 during trading hours on Thursday, hitting $227.40. 172,384 shares of the company were exchanged, compared to its average volume of 909,030. The stock has a market cap of $23.81 billion, a PE ratio of 31.50, a price-to-earnings-growth ratio of 1.75 and a beta of 0.44. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $236.02. The company's 50 day moving average is $218.73.

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, topping analysts' consensus estimates of $2.36 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. Cboe Global Markets's revenue was up 12.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.15 EPS. On average, equities analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $2.52 dividend on an annualized basis and a yield of 1.11%. Cboe Global Markets's payout ratio is 33.03%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Morgan Stanley cut shares of Cboe Global Markets from an "overweight" rating to an "underweight" rating and reduced their price target for the stock from $256.00 to $215.00 in a research report on Wednesday, May 14th. Bank of America restated a "neutral" rating and set a $227.00 target price (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 Cboe Global Markets from $235.00 to $245.00 and gave the stock a "neutral" rating in a research report on Monday, May 5th. Loop Capital set a $227.00 price objective on Cboe Global Markets in a research note on Monday, May 5th. Finally, Piper Sandler lifted their target price on Cboe Global Markets from $234.00 to $245.00 and gave the stock an "overweight" rating in a report on Monday, May 5th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target 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.