Mitsubishi UFJ Asset Management Co. Ltd. Buys 5,081 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 3.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 161,511 shares of the company’s stock after purchasing an additional 5,081 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Cboe Global Markets were worth $31,533,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of CBOE. Raymond James Financial Inc. purchased a new stake in shares of Cboe Global Markets in the 4th quarter worth $59,206,000. Amundi raised its holdings in shares of Cboe Global Markets by 27.2% in the fourth quarter. Amundi now owns 885,659 shares of the company’s stock valued at $170,923,000 after acquiring an additional 189,280 shares in the last quarter. Victory Capital Management Inc. lifted its stake in Cboe Global Markets by 64.2% in the fourth quarter. Victory Capital Management Inc. now owns 391,636 shares of the company’s stock worth $76,526,000 after acquiring an additional 153,184 shares during the period. E. Ohman J or Asset Management AB grew its holdings in Cboe Global Markets by 4,157.6% during the 4th quarter. E. Ohman J or Asset Management AB now owns 155,616 shares of the company’s stock worth $30,407,000 after acquiring an additional 151,961 shares in the last quarter. Finally, abrdn plc increased its position in Cboe Global Markets by 341.2% during the 4th quarter. abrdn plc now owns 190,017 shares of the company’s stock valued at $37,145,000 after purchasing an additional 146,945 shares during the period. Institutional investors own 82.67% of the company’s stock.

Analyst Ratings Changes

CBOE has been the topic of a number of recent research reports. Oppenheimer dropped their price objective on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. William Blair started coverage on Cboe Global Markets in a report on Thursday, January 9th. They issued a “market perform” rating on the stock. StockNews.com upgraded Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Tuesday, March 4th. Bank of America lifted their target price on Cboe Global Markets from $245.00 to $251.00 and gave the company a “buy” rating in a research note on Monday, February 10th. Finally, Jefferies Financial Group lowered their price target on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday, January 9th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $206.86.

Insider Activity at Cboe Global Markets

In related news, EVP Adam Inzirillo sold 200 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total value of $41,934.00. Following the sale, the executive vice president now owns 1,993 shares in the company, valued at $417,872.31. This represents a 9.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Allen Wilkinson sold 228 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $211.12, for a total transaction of $48,135.36. Following the completion of the transaction, the chief accounting officer now owns 248 shares in the company, valued at approximately $52,357.76. This trade represents a 47.90 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,544 shares of company stock valued at $2,380,529 in the last ninety days. Company insiders own 0.22% of the company’s stock.

Cboe Global Markets Stock Performance

Cboe Global Markets stock opened at $222.68 on Friday. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $223.51. The stock has a market capitalization of $23.32 billion, a PE ratio of 30.84, a PEG ratio of 1.75 and a beta of 0.67. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The company has a 50-day simple moving average of $209.79.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings data on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same quarter in the previous year, the business earned $2.06 earnings per share. As a group, sell-side analysts predict that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.13%. The ex-dividend date was Friday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.90%.

Cboe Global Markets Profile

Cboe Global Markets, Inc is one of the largest stock exchange operators by volume in the United States and a leading market globally for ETP trading. Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the VIX Index.