Asset Management One Co. Ltd. Boosts Stake in Cboe Global Markets, Inc. $CBOE

Asset Management One Co. Ltd. grew its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 4.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 66,185 shares of the company’s stock after purchasing an additional 2,528 shares during the period. Asset Management One Co. Ltd. owned approximately 0.06% of Cboe Global Markets worth $16,232,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Missouri Trust & Investment Co acquired a new position in Cboe Global Markets in the second quarter valued at about $26,000. Headlands Technologies LLC purchased a new stake in shares of Cboe Global Markets in the 2nd quarter valued at approximately $31,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Cboe Global Markets in the 2nd quarter valued at approximately $33,000. Dakota Community Bank & Trust NA acquired a new position in shares of Cboe Global Markets in the 3rd quarter worth approximately $42,000. Finally, Ameritas Advisory Services LLC purchased a new position in shares of Cboe Global Markets during the 2nd quarter worth approximately $46,000. 82.67% of the stock is owned by institutional investors and hedge funds.

Cboe Global Markets Stock Performance

Shares of CBOE stock opened at $250.09 on Wednesday. The company has a market cap of $26.17 billion, a P/E ratio of 34.64, a PEG ratio of 1.75 and a beta of 0.36. The firm has a fifty day moving average price of $252.96 and a 200 day moving average price of $244.06. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a 12 month low of $187.30 and a 12 month high of $262.98.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings data on Friday, October 31st. The company reported $2.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.53 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.During the same quarter in the previous year, the company posted $2.22 earnings per share. The company’s revenue was up 13.8% on a year-over-year basis. Sell-side analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were paid a $0.72 dividend. This represents a yield of 112.0%. The ex-dividend date was Friday, November 28th. Cboe Global Markets’s dividend payout ratio is currently 30.93%.

Analyst Ratings Changes

A number of brokerages have issued reports on CBOE. UBS Group boosted their target price on Cboe Global Markets from $255.00 to $265.00 and gave the company a “neutral” rating in a research report on Monday, November 3rd. Morgan Stanley raised their price target on Cboe Global Markets from $221.00 to $240.00 and gave the stock an “underweight” rating in a research report on Monday, December 22nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Cboe Global Markets in a report on Monday, November 3rd. Zacks Research lowered Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 1st. Finally, Keefe, Bruyette & Woods raised their target price on Cboe Global Markets from $257.00 to $269.00 and gave the company a “market perform” rating in a report on Monday, November 3rd. Three analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $258.91.

About Cboe Global Markets

Cboe Global Markets (NASDAQ: CBOE) is a global market infrastructure company that operates a family of exchanges and trading venues across listed derivatives, cash equities and foreign exchange. Its product suite includes options and futures markets, multiple U.S. equities exchanges, a derivatives exchange for volatility and other products, proprietary benchmark indexes (notably the Cboe Volatility Index, or VIX), market data and analytics, and trading technology and connectivity services. Cboe also provides market-access and order-routing tools used by broker-dealers, institutional investors and professional traders.

The company traces its roots to the Chicago Board Options Exchange, which was established in 1973 to create a centralized market for listed options; over the years the business expanded through organic growth and strategic acquisitions to become a multi-asset, multi-venue operator.