Mitsubishi UFJ Asset Management Co. Ltd. Decreases Position in Cboe Global Markets, Inc. (BATS:CBOE)

Mitsubishi UFJ Asset Management Co. Ltd. trimmed its holdings in shares of Cboe Global Markets, Inc. (BATS:CBOEFree Report) by 0.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 102,974 shares of the company’s stock after selling 624 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Cboe Global Markets were worth $18,008,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in CBOE. Farmers & Merchants Trust Co of Chambersburg PA bought a new stake in shares of Cboe Global Markets in the fourth quarter worth about $30,000. Allworth Financial LP boosted its holdings in Cboe Global Markets by 75.3% in the fourth quarter. Allworth Financial LP now owns 170 shares of the company’s stock valued at $30,000 after acquiring an additional 73 shares in the last quarter. ORG Partners LLC purchased a new position in Cboe Global Markets during the 4th quarter valued at $31,000. BKM Wealth Management LLC bought a new position in Cboe Global Markets in the 4th quarter worth $33,000. Finally, NBC Securities Inc. purchased a new stake in shares of Cboe Global Markets in the 3rd quarter worth about $29,000. 81.73% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Bank of America lifted their price objective on Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a research report on Friday, April 19th. Barclays upped their price target on Cboe Global Markets from $211.00 to $215.00 and gave the stock an “overweight” rating in a research note on Monday, May 6th. Keefe, Bruyette & Woods reissued a “market perform” rating and set a $197.00 price objective on shares of Cboe Global Markets in a research report on Thursday, April 4th. Rosenblatt Securities upped their target price on shares of Cboe Global Markets from $200.00 to $205.00 and gave the stock a “buy” rating in a research report on Monday, May 6th. Finally, Oppenheimer reissued an “outperform” rating and set a $206.00 price objective on shares of Cboe Global Markets in a research note on Monday, May 6th. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $191.00.

Read Our Latest Stock Report on CBOE

Insider Buying and Selling at Cboe Global Markets

In related news, EVP Dave Howson sold 5,322 shares of the business’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $186.96, for a total transaction of $995,001.12. Following the completion of the sale, the executive vice president now directly owns 17,573 shares in the company, valued at $3,285,448.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Cboe Global Markets news, EVP Catherine R. Clay sold 1,100 shares of the company’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $185.06, for a total value of $203,566.00. Following the completion of the transaction, the executive vice president now directly owns 4,656 shares in the company, valued at $861,639.36. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Dave Howson sold 5,322 shares of Cboe Global Markets stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $186.96, for a total transaction of $995,001.12. Following the transaction, the executive vice president now owns 17,573 shares in the company, valued at approximately $3,285,448.08. The disclosure for this sale can be found here. Corporate insiders own 0.51% of the company’s stock.

Cboe Global Markets Stock Performance

Shares of BATS CBOE opened at $183.51 on Friday. The firm’s 50-day moving average price is $180.85 and its 200-day moving average price is $180.88. Cboe Global Markets, Inc. has a 52-week low of $103.82 and a 52-week high of $139.00. The company has a market cap of $19.46 billion, a PE ratio of 94.59 and a beta of 0.61. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60.

Cboe Global Markets (BATS:CBOEGet Free Report) last announced its earnings results on Friday, May 3rd. The company reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates of $2.04 by $0.11. The business had revenue of $502.10 million during the quarter, compared to analyst estimates of $504.80 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The company’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.90 EPS. As a group, analysts anticipate that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 31st will be given a $0.55 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.20 annualized dividend and a yield of 1.20%. Cboe Global Markets’s payout ratio is 98.97%.

Cboe Global Markets Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding CBOE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cboe Global Markets, Inc. (BATS:CBOEFree Report).

Institutional Ownership by Quarter for Cboe Global Markets (BATS:CBOE)

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