Cboe Global Markets, Inc. (BATS:CBOE) Shares Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 1.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,079 shares of the company’s stock after purchasing an additional 273 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Cboe Global Markets were worth $4,240,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Pinnacle Associates Ltd. lifted its stake in shares of Cboe Global Markets by 5.2% in the fourth quarter. Pinnacle Associates Ltd. now owns 1,366 shares of the company’s stock worth $244,000 after acquiring an additional 67 shares in the last quarter. Allworth Financial LP lifted its stake in shares of Cboe Global Markets by 75.3% in the fourth quarter. Allworth Financial LP now owns 170 shares of the company’s stock worth $30,000 after acquiring an additional 73 shares in the last quarter. Marion Wealth Management lifted its stake in shares of Cboe Global Markets by 0.7% in the first quarter. Marion Wealth Management now owns 10,315 shares of the company’s stock worth $1,895,000 after acquiring an additional 76 shares in the last quarter. Czech National Bank lifted its stake in shares of Cboe Global Markets by 0.5% in the first quarter. Czech National Bank now owns 18,572 shares of the company’s stock worth $3,412,000 after acquiring an additional 85 shares in the last quarter. Finally, Balentine LLC lifted its stake in shares of Cboe Global Markets by 4.7% in the fourth quarter. Balentine LLC now owns 2,127 shares of the company’s stock worth $380,000 after acquiring an additional 95 shares in the last quarter. Institutional investors and hedge funds own 81.73% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Rosenblatt Securities boosted their price target on Cboe Global Markets from $200.00 to $205.00 and gave the stock a “buy” rating in a research note on Monday, May 6th. Barclays boosted 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 issued a $197.00 price objective on shares of Cboe Global Markets in a report on Thursday, April 4th. Morgan Stanley reissued an “equal weight” rating and issued a $199.00 price objective (down from $211.00) on shares of Cboe Global Markets in a report on Tuesday, April 9th. Finally, Oppenheimer reissued an “outperform” rating and issued a $206.00 price objective on shares of Cboe Global Markets in a report on Monday, May 6th. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Cboe Global Markets has a consensus rating of “Hold” and an average price target of $191.00.

Cboe Global Markets Stock Up 0.7 %

BATS:CBOE opened at $169.74 on Thursday. The firm has a market capitalization of $18.00 billion, a PE ratio of 87.50 and a beta of 0.61. The stock has a 50 day moving average of $175.33 and a 200-day moving average of $180.17. Cboe Global Markets, Inc. has a 52 week low of $103.82 and a 52 week high of $139.00. 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 posted its earnings results on Friday, May 3rd. The company reported $2.15 EPS for the quarter, beating the consensus estimate of $2.04 by $0.11. The company had revenue of $502.10 million during the quarter, compared to analyst estimates of $504.80 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The business’s revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the company earned $1.90 earnings per share. Analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 31st were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date was Friday, May 31st. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

Insider Buying and Selling

In related news, COO Christopher A. Isaacson sold 6,000 shares of the stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $175.00, for a total value of $1,050,000.00. Following the completion of the transaction, the chief operating officer now directly owns 51,855 shares of the company’s stock, valued at approximately $9,074,625. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, COO Christopher A. Isaacson sold 6,000 shares of the stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $175.00, for a total value of $1,050,000.00. Following the completion of the transaction, the chief operating officer now directly owns 51,855 shares of the company’s stock, valued at approximately $9,074,625. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Catherine R. Clay sold 1,100 shares of the stock in a transaction that occurred on Thursday, May 9th. The stock was 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 of the company’s stock, valued at $861,639.36. The disclosure for this sale can be found here. Corporate insiders own 0.51% of the company’s stock.

Cboe Global Markets Company 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.