Sumitomo Mitsui Trust Group Inc. Decreases Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Sumitomo Mitsui Trust Group Inc. lessened its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 3.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 280,265 shares of the company's stock after selling 8,585 shares during the period. Sumitomo Mitsui Trust Group Inc. owned approximately 0.27% of Cboe Global Markets worth $54,764,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in CBOE. Sugar Maple Asset Management LLC acquired a new position in Cboe Global Markets during the 4th quarter worth approximately $36,000. TD Private Client Wealth LLC increased its position in Cboe Global Markets by 149.0% during 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 in the last quarter. Trust Co. of Vermont increased its position in Cboe Global Markets by 2,000.0% in the 4th quarter. Trust Co. of Vermont now owns 420 shares of the company's stock valued at $82,000 after acquiring an additional 400 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new position in Cboe Global Markets in the 3rd quarter valued at approximately $158,000. Finally, USA Financial Formulas acquired a new position in Cboe Global Markets in the 4th quarter valued at approximately $182,000. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, EVP Dave Howson sold 11,036 shares of the firm's stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total value of $2,273,526.36. Following the transaction, the executive vice president now directly owns 8,025 shares of the company's stock, valued at approximately $1,653,230.25. This trade represents a 57.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.22% of the company's stock.

Wall Street Analyst Weigh In

CBOE has been the subject of several recent research reports. Jefferies Financial Group decreased their price target on shares of Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating for the company in a research report on Thursday, January 9th. StockNews.com upgraded shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a research report on Tuesday. Keefe, Bruyette & Woods decreased their price target on shares of Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating for the company in a research report on Monday, January 13th. Bank of America upped their price target on shares of Cboe Global Markets from $245.00 to $251.00 and gave the company a "buy" rating in a research report on Monday. Finally, Barclays upped their price target on shares of Cboe Global Markets from $212.00 to $216.00 and gave the company an "equal weight" rating in a research report on Monday. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Cboe Global Markets has an average rating of "Hold" and a consensus target price of $206.86.

Cboe Global Markets Trading Down 2.8 %

NASDAQ CBOE traded down $5.90 on Friday, hitting $202.33. 691,258 shares of the company were exchanged, compared to its average volume of 766,935. The stock has a market capitalization of $21.18 billion, a P/E ratio of 27.57, a PEG ratio of 2.14 and a beta of 0.68. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $221.66. The stock's fifty day moving average is $199.36. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39.

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 (EPS) for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a return on equity of 22.33% and a net margin of 19.65%. During the same quarter in the prior year, the business earned $2.06 EPS. On average, analysts expect that Cboe Global Markets, Inc. will post 8.64 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend is Friday, February 28th. Cboe Global Markets's dividend payout ratio (DPR) is 34.33%.

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.