Mirae Asset Global Investments Co. Ltd. Has $8.63 Million Stake in Cboe Global Markets, Inc. $CBOE

Mirae Asset Global Investments Co. Ltd. raised its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 12.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 35,195 shares of the company’s stock after buying an additional 3,915 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Cboe Global Markets were worth $8,632,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in CBOE. Headlands Technologies LLC acquired a new stake in shares of Cboe Global Markets during the 2nd quarter worth approximately $31,000. Twin Peaks Wealth Advisors LLC bought a new stake in Cboe Global Markets during the second quarter worth $33,000. Dakota Community Bank & Trust NA acquired a new stake in shares of Cboe Global Markets in the 3rd quarter valued at $42,000. Ameritas Advisory Services LLC acquired a new stake in shares of Cboe Global Markets in the 2nd quarter valued at $46,000. Finally, Root Financial Partners LLC bought a new position in shares of Cboe Global Markets in the 3rd quarter valued at $51,000. Institutional investors own 82.67% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Keefe, Bruyette & Woods upped their price objective on Cboe Global Markets from $257.00 to $269.00 and gave the stock a “market perform” rating in a research report on Monday, November 3rd. Piper Sandler boosted their target price on Cboe Global Markets from $290.00 to $295.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 14th. Barclays reduced their price target on shares of Cboe Global Markets from $302.00 to $295.00 and set an “overweight” rating on the stock in a research note on Thursday, January 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Cboe Global Markets in a research report on Monday, November 3rd. Finally, TD Cowen reissued a “hold” rating on shares of Cboe Global Markets in a research note on Wednesday, January 14th. Four analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Cboe Global Markets has an average rating of “Hold” and a consensus target price of $268.36.

Cboe Global Markets Stock Down 0.2%

NASDAQ:CBOE opened at $265.06 on Friday. Cboe Global Markets, Inc. has a one year low of $200.88 and a one year high of $279.33. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The company has a market cap of $27.74 billion, a PE ratio of 36.71, a P/E/G ratio of 1.75 and a beta of 0.36. The firm’s 50 day simple moving average is $258.46 and its 200 day simple moving average is $248.51.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings data on Friday, October 31st. The company reported $2.67 earnings per share for the quarter, beating analysts’ consensus estimates 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 period in the prior year, the business earned $2.22 earnings per share. The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. On average, research analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Announces Dividend

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

Cboe Global Markets Profile

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.