Sumitomo Mitsui DS Asset Management Company Ltd Has $3.22 Million Stake in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 1.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,211 shares of the company’s stock after acquiring an additional 205 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Cboe Global Markets were worth $3,216,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CBOE. Brighton Jones LLC grew its stake in Cboe Global Markets by 10.1% in the fourth quarter. Brighton Jones LLC now owns 1,092 shares of the company’s stock valued at $213,000 after acquiring an additional 100 shares during the period. US Bancorp DE grew its stake in Cboe Global Markets by 13.9% in the fourth quarter. US Bancorp DE now owns 6,146 shares of the company’s stock valued at $1,201,000 after acquiring an additional 749 shares during the period. Smartleaf Asset Management LLC grew its stake in Cboe Global Markets by 101.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 593 shares of the company’s stock valued at $116,000 after acquiring an additional 298 shares during the period. Jones Financial Companies Lllp grew its stake in Cboe Global Markets by 40.5% in the fourth quarter. Jones Financial Companies Lllp now owns 215 shares of the company’s stock valued at $42,000 after acquiring an additional 62 shares during the period. Finally, Steward Partners Investment Advisory LLC grew its stake in Cboe Global Markets by 1.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,464 shares of the company’s stock valued at $872,000 after acquiring an additional 67 shares during the period. 82.67% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently commented on CBOE. Bank of America restated a “neutral” rating and issued a $227.00 price target (down from $260.00) on shares of Cboe Global Markets in a report on Thursday, April 10th. UBS Group upped their target price on Cboe Global Markets from $235.00 to $245.00 and gave the stock a “neutral” rating in a report on Monday, May 5th. Cowen reiterated a “hold” rating on shares of Cboe Global Markets in a report on Monday, May 5th. Oppenheimer upped their target price on Cboe Global Markets from $237.00 to $249.00 and gave the stock an “outperform” rating in a report on Monday, May 5th. Finally, Piper Sandler upped their target price on Cboe Global Markets from $234.00 to $245.00 and gave the stock an “overweight” rating in a report on Monday, May 5th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $219.64.

Insider Transactions at Cboe Global Markets

In related news, EVP Catherine R. Clay sold 3,598 shares of the stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $226.58, for a total transaction of $815,234.84. Following the sale, the executive vice president owned 2,183 shares of the company’s stock, valued at $494,624.14. This represents a 62.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.22% of the stock is owned by corporate insiders.

Cboe Global Markets Price Performance

Cboe Global Markets stock opened at $231.37 on Friday. Cboe Global Markets, Inc. has a 12 month low of $166.88 and a 12 month high of $236.02. The stock’s 50 day moving average is $225.95 and its 200-day moving average is $213.57. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $24.23 billion, a price-to-earnings ratio of 32.05, a PEG ratio of 1.75 and a beta of 0.43.

Cboe Global Markets (NASDAQ:CBOE) last posted its earnings results on Friday, May 2nd. The company reported $2.50 EPS for the quarter, beating the consensus estimate of $2.36 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 $2.15 EPS. The firm’s revenue for the quarter was up 12.6% compared to the same quarter last year. Equities research analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were given a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 1.09%. The ex-dividend date of this dividend was Friday, May 30th. Cboe Global Markets’s payout ratio is 33.03%.

About Cboe Global Markets

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.