Mirae Asset Global Investments Co. Ltd. Purchases 6,943 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Mirae Asset Global Investments Co. Ltd. grew its position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 40.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,180 shares of the company's stock after acquiring an additional 6,943 shares during the quarter. Mirae Asset Global Investments Co. Ltd.'s holdings in Cboe Global Markets were worth $4,750,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Sugar Maple Asset Management LLC purchased a new position in shares of Cboe Global Markets in the 4th quarter worth approximately $36,000. TD Private Client Wealth LLC boosted its holdings in shares of Cboe Global Markets by 149.0% in the 3rd quarter. TD Private Client Wealth LLC now owns 371 shares of the company's stock worth $76,000 after purchasing an additional 222 shares during the period. Trust Co. of Vermont boosted its holdings in shares of Cboe Global Markets by 2,000.0% in the 4th quarter. Trust Co. of Vermont now owns 420 shares of the company's stock worth $82,000 after purchasing an additional 400 shares during the period. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Cboe Global Markets in the 3rd quarter worth approximately $158,000. Finally, USA Financial Formulas purchased a new position in shares of Cboe Global Markets in the 4th quarter worth approximately $182,000. Institutional investors own 82.67% of the company's stock.

Cboe Global Markets Stock Up 1.9 %

CBOE traded up $4.04 during trading hours on Wednesday, reaching $212.04. 817,823 shares of the company's stock traded hands, compared to its average volume of 775,603. The company's 50-day moving average price is $199.40. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $221.66. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39. The firm has a market capitalization of $22.20 billion, a price-to-earnings ratio of 28.89, a PEG ratio of 2.14 and a beta of 0.68.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its earnings results on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing analysts' consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a net margin of 19.65% and a return on equity of 22.33%. During the same period in the prior year, the business earned $2.06 EPS. Equities analysts predict that Cboe Global Markets, Inc. will post 8.64 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date is Friday, February 28th. Cboe Global Markets's dividend payout ratio (DPR) is presently 34.33%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on CBOE shares. JPMorgan Chase & Co. reiterated an "underweight" rating and issued a $174.00 target price (down previously from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Keefe, Bruyette & Woods dropped their target price on Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating for the company in a report on Monday, January 13th. Bank of America lifted their target price on Cboe Global Markets from $245.00 to $251.00 and gave the stock a "buy" rating in a report on Monday. Barclays boosted their price objective on Cboe Global Markets from $212.00 to $216.00 and gave the company an "equal weight" rating in a report on Monday. Finally, Jefferies Financial Group dropped their price objective on Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating for the company in a report on Thursday, January 9th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $206.86.

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.