Mutual of America Capital Management LLC Has $2.80 Million Stock Position in Cboe Global Markets, Inc. $CBOE

Mutual of America Capital Management LLC lowered its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 1.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,009 shares of the company’s stock after selling 166 shares during the period. Mutual of America Capital Management LLC’s holdings in Cboe Global Markets were worth $2,801,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in CBOE. Brighton Jones LLC boosted its position 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 buying an additional 100 shares in the last quarter. GAMMA Investing LLC boosted its position in Cboe Global Markets by 29.0% in the first quarter. GAMMA Investing LLC now owns 5,376 shares of the company’s stock valued at $1,217,000 after buying an additional 1,209 shares in the last quarter. Asset Management One Co. Ltd. boosted its position in Cboe Global Markets by 1.1% in the first quarter. Asset Management One Co. Ltd. now owns 65,377 shares of the company’s stock valued at $14,794,000 after buying an additional 700 shares in the last quarter. PDS Planning Inc acquired a new stake in Cboe Global Markets in the first quarter valued at approximately $338,000. Finally, Perpetual Ltd acquired a new stake in Cboe Global Markets in the first quarter valued at approximately $66,981,000. Institutional investors and hedge funds own 82.67% of the company’s stock.

Cboe Global Markets Price Performance

Shares of NASDAQ CBOE opened at $238.75 on Friday. Cboe Global Markets, Inc. has a twelve month low of $187.30 and a twelve month high of $255.27. The firm has a fifty day simple moving average of $239.28 and a 200 day simple moving average of $232.69. The company has a market capitalization of $24.97 billion, a PE ratio of 33.07, a P/E/G ratio of 1.75 and a beta of 0.44. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34.

Cboe Global Markets (NASDAQ:CBOE) last announced its earnings results on Friday, August 1st. The company reported $2.46 earnings per share for the quarter, topping analysts’ consensus estimates of $2.43 by $0.03. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same quarter in the prior year, the firm earned $2.15 earnings per share. Cboe Global Markets’s revenue was up 14.3% compared to the same quarter last year. On average, sell-side analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were paid a dividend of $0.72 per share. This is a boost from Cboe Global Markets’s previous quarterly dividend of $0.63. This represents a $2.88 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Friday, August 29th. Cboe Global Markets’s payout ratio is 33.76%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on CBOE. Loop Capital set a $264.00 target price on shares of Cboe Global Markets in a research report on Wednesday, October 8th. Oppenheimer set a $265.00 price target on shares of Cboe Global Markets and gave the company an “outperform” rating in a research note on Monday, August 4th. Citigroup raised their price target on shares of Cboe Global Markets from $230.00 to $245.00 and gave the company a “neutral” rating in a research note on Tuesday, July 8th. Morgan Stanley reaffirmed an “underweight” rating and set a $221.00 price target on shares of Cboe Global Markets in a research note on Wednesday, October 1st. Finally, UBS Group reaffirmed a “neutral” rating and set a $255.00 price target (up previously from $245.00) on shares of Cboe Global Markets in a research note on Monday, August 4th. Two research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $235.46.

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.