Asset Management One Co. Ltd. Reduces Stock Position in Cboe Global Markets, Inc. $CBOE

Asset Management One Co. Ltd. lessened its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 5.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 62,294 shares of the company’s stock after selling 3,891 shares during the quarter. Asset Management One Co. Ltd. owned about 0.06% of Cboe Global Markets worth $15,951,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Kendall Capital Management boosted its holdings in shares of Cboe Global Markets by 0.5% during the 4th quarter. Kendall Capital Management now owns 8,862 shares of the company’s stock valued at $2,224,000 after acquiring an additional 40 shares during the last quarter. Sagespring Wealth Partners LLC boosted its holdings in shares of Cboe Global Markets by 4.1% during the 3rd quarter. Sagespring Wealth Partners LLC now owns 1,060 shares of the company’s stock valued at $260,000 after acquiring an additional 42 shares during the last quarter. Norinchukin Bank The boosted its holdings in shares of Cboe Global Markets by 0.7% during the 3rd quarter. Norinchukin Bank The now owns 5,884 shares of the company’s stock valued at $1,443,000 after acquiring an additional 42 shares during the last quarter. Aprio Wealth Management LLC boosted its holdings in shares of Cboe Global Markets by 3.1% during the 3rd quarter. Aprio Wealth Management LLC now owns 1,432 shares of the company’s stock valued at $351,000 after acquiring an additional 43 shares during the last quarter. Finally, IHT Wealth Management LLC boosted its holdings in shares of Cboe Global Markets by 4.5% during the 2nd quarter. IHT Wealth Management LLC now owns 1,021 shares of the company’s stock valued at $238,000 after acquiring an additional 44 shares during the last quarter. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on CBOE shares. Zacks Research upgraded shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. Barclays increased their price objective on shares of Cboe Global Markets from $317.00 to $351.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 8th. Argus upgraded shares of Cboe Global Markets to a “hold” rating in a research note on Wednesday, March 11th. TD Cowen reiterated a “hold” rating on shares of Cboe Global Markets in a research note on Thursday, April 9th. Finally, Loop Capital set a $293.00 price objective on shares of Cboe Global Markets in a research note on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Cboe Global Markets has an average rating of “Hold” and an average target price of $294.20.

Cboe Global Markets Price Performance

BATS CBOE opened at $304.40 on Tuesday. Cboe Global Markets, Inc. has a 12 month low of $207.74 and a 12 month high of $309.87. The stock has a market cap of $32.29 billion, a price-to-earnings ratio of 156.91 and a beta of 0.61. The company’s 50 day moving average is $289.62 and its two-hundred day moving average is $266.81. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60.

Cboe Global Markets (BATS:CBOE) last released its earnings results on Friday, February 6th. The company reported $3.06 EPS for the quarter, topping analysts’ consensus estimates of $2.93 by $0.13. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The company had revenue of $671.10 million for the quarter, compared to analysts’ expectations of $659.59 million. As a group, research analysts anticipate that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were paid a dividend of $0.72 per share. The ex-dividend date was Friday, February 27th. This represents a $2.88 dividend on an annualized basis and a yield of 0.9%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

Insiders Place Their Bets

In other Cboe Global Markets news, CAO Allen Wilkinson sold 248 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $292.79, for a total transaction of $72,611.92. Following the sale, the chief accounting officer owned 410 shares in the company, valued at approximately $120,043.90. This trade represents a 37.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Alexander Matturri, Jr. sold 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $285.36, for a total transaction of $428,040.00. Following the sale, the director owned 4,761 shares in the company, valued at approximately $1,358,598.96. The trade was a 23.96% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 5,695 shares of company stock worth $1,628,981. Company insiders own 0.51% of the company’s stock.

Cboe Global Markets 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. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.