Asset Management One Co. Ltd. Has $15.28 Million Stock Position in Cboe Global Markets, Inc. (BATS:CBOE)

Asset Management One Co. Ltd. lessened its stake in shares of Cboe Global Markets, Inc. (BATS:CBOE) by 1.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 74,584 shares of the company’s stock after selling 1,061 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.07% of Cboe Global Markets worth $15,280,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Americana Partners LLC boosted its position in Cboe Global Markets by 2.2% during the 3rd quarter. Americana Partners LLC now owns 2,498 shares of the company’s stock worth $512,000 after buying an additional 54 shares during the period. Regal Investment Advisors LLC lifted its holdings in shares of Cboe Global Markets by 0.3% during the second quarter. Regal Investment Advisors LLC now owns 22,274 shares of the company’s stock worth $3,788,000 after purchasing an additional 56 shares during the period. First Horizon Advisors Inc. grew its stake in shares of Cboe Global Markets by 9.7% in the second quarter. First Horizon Advisors Inc. now owns 713 shares of the company’s stock worth $121,000 after purchasing an additional 63 shares during the last quarter. Kendall Capital Management increased its holdings in Cboe Global Markets by 0.9% in the second quarter. Kendall Capital Management now owns 9,410 shares of the company’s stock valued at $1,600,000 after purchasing an additional 80 shares during the period. Finally, Farther Finance Advisors LLC raised its position in Cboe Global Markets by 11.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 777 shares of the company’s stock worth $159,000 after purchasing an additional 81 shares during the last quarter. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Trading Down 5.3 %

Shares of Cboe Global Markets stock opened at $200.91 on Thursday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. Cboe Global Markets, Inc. has a 52 week low of $103.82 and a 52 week high of $139.00. The stock has a 50 day moving average price of $209.59 and a two-hundred day moving average price of $192.02. The stock has a market capitalization of $21.31 billion, a PE ratio of 103.56 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings results on Friday, November 1st. The company reported $2.22 EPS for the quarter, beating analysts’ consensus estimates of $2.19 by $0.03. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business had revenue of $532.00 million during the quarter, compared to analyst estimates of $530.46 million. During the same quarter in the previous year, the business posted $2.06 EPS. Cboe Global Markets’s quarterly revenue was up 10.7% on a year-over-year basis. As a group, equities analysts anticipate that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be issued a $0.63 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.25%. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

Cboe Global Markets declared that its board has initiated a stock repurchase plan on Friday, August 16th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the company to repurchase up to 2.3% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

Wall Street Analysts Forecast Growth

CBOE has been the topic of a number of analyst reports. JPMorgan Chase & Co. upgraded Cboe Global Markets from an “underweight” rating to a “neutral” rating and upped their price target for the company from $168.00 to $195.00 in a research report on Monday, August 5th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Cboe Global Markets from $214.00 to $212.00 and set a “hold” rating for the company in a report on Monday. Piper Sandler upped their price objective on shares of Cboe Global Markets from $210.00 to $220.00 and gave the company an “overweight” rating in a research note on Tuesday, October 8th. Keefe, Bruyette & Woods lifted their target price on shares of Cboe Global Markets from $197.00 to $198.00 and gave the stock a “market perform” rating in a research note on Monday, August 5th. Finally, Barclays cut their price target on shares of Cboe Global Markets from $239.00 to $230.00 and set an “overweight” rating on the stock in a research report on Monday. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, Cboe Global Markets currently has an average rating of “Hold” and a consensus price target of $208.58.

Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, COO Christopher A. Isaacson sold 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $204.89, for a total transaction of $1,229,340.00. Following the completion of the sale, the chief operating officer now directly owns 39,855 shares of the company’s stock, valued at approximately $8,165,890.95. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Cboe Global Markets news, COO Christopher A. Isaacson sold 6,000 shares of Cboe Global Markets stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $204.89, for a total transaction of $1,229,340.00. Following the transaction, the chief operating officer now directly owns 39,855 shares of the company’s stock, valued at $8,165,890.95. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Jill Griebenow sold 1,622 shares of the company’s stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of $213.33, for a total transaction of $346,021.26. Following the completion of the sale, the chief financial officer now owns 8,844 shares of the company’s stock, valued at approximately $1,886,690.52. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 7,696 shares of company stock valued at $1,591,160. 0.51% of the stock is owned by corporate insiders.

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.