Sumitomo Mitsui Trust Holdings Inc. Has $36.66 Million Stake in Cboe Global Markets Inc (CBOE)

Sumitomo Mitsui Trust Holdings Inc. lessened its stake in shares of Cboe Global Markets Inc (NASDAQ:CBOE) by 1.0% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 382,062 shares of the financial services provider’s stock after selling 3,718 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc.’s holdings in Cboe Global Markets were worth $36,663,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Renaissance Technologies LLC raised its holdings in shares of Cboe Global Markets by 15.2% during the 2nd quarter. Renaissance Technologies LLC now owns 5,190,200 shares of the financial services provider’s stock worth $540,144,000 after acquiring an additional 683,700 shares during the period. Janus Henderson Group PLC raised its holdings in shares of Cboe Global Markets by 6.1% during the 2nd quarter. Janus Henderson Group PLC now owns 1,889,802 shares of the financial services provider’s stock worth $196,672,000 after acquiring an additional 109,034 shares during the period. American Century Companies Inc. raised its holdings in shares of Cboe Global Markets by 4.5% during the 3rd quarter. American Century Companies Inc. now owns 1,618,585 shares of the financial services provider’s stock worth $155,319,000 after acquiring an additional 69,189 shares during the period. Voya Investment Management LLC raised its holdings in shares of Cboe Global Markets by 1,563.4% during the 2nd quarter. Voya Investment Management LLC now owns 1,452,298 shares of the financial services provider’s stock worth $151,141,000 after acquiring an additional 1,364,991 shares during the period. Finally, Calamos Advisors LLC raised its holdings in shares of Cboe Global Markets by 43.8% during the 3rd quarter. Calamos Advisors LLC now owns 890,456 shares of the financial services provider’s stock worth $85,448,000 after acquiring an additional 271,058 shares during the period. Institutional investors and hedge funds own 81.98% of the company’s stock.

In other Cboe Global Markets news, Director Frank E. Jr. English sold 1,185 shares of Cboe Global Markets stock in a transaction dated Tuesday, September 11th. The stock was sold at an average price of $104.17, for a total value of $123,441.45. Following the completion of the transaction, the director now directly owns 4,137 shares of the company’s stock, valued at approximately $430,951.29. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Frank E. Jr. English sold 1,000 shares of Cboe Global Markets stock in a transaction dated Monday, November 5th. The shares were sold at an average price of $113.55, for a total value of $113,550.00. Following the completion of the transaction, the director now directly owns 3,137 shares of the company’s stock, valued at $356,206.35. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 10,905 shares of company stock valued at $1,109,253. 0.89% of the stock is currently owned by corporate insiders.

Several research firms have recently commented on CBOE. BidaskClub lowered Cboe Global Markets from a “hold” rating to a “sell” rating in a report on Thursday, August 2nd. Barclays reduced their price target on Cboe Global Markets from $110.00 to $107.00 and set an “equal weight” rating on the stock in a report on Monday, July 30th. Citigroup set a $115.00 price target on Cboe Global Markets and gave the stock a “hold” rating in a report on Monday, November 5th. Zacks Investment Research upgraded Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Tuesday, July 31st. Finally, Wells Fargo & Co restated a “buy” rating on shares of Cboe Global Markets in a report on Friday, November 2nd. Nine equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $116.29.

NASDAQ CBOE opened at $107.97 on Friday. Cboe Global Markets Inc has a 1-year low of $91.10 and a 1-year high of $138.54.

Cboe Global Markets (NASDAQ:CBOE) last released its earnings results on Friday, November 2nd. The financial services provider reported $1.06 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.05. The firm had revenue of $270.50 million during the quarter, compared to analyst estimates of $269.08 million. The business’s revenue was up .3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.89 earnings per share.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 14th. Shareholders of record on Friday, November 30th will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.15%. The ex-dividend date of this dividend is Thursday, November 29th.

TRADEMARK VIOLATION NOTICE: “Sumitomo Mitsui Trust Holdings Inc. Has $36.66 Million Stake in Cboe Global Markets Inc (CBOE)” was originally published by WKRB News and is owned by of WKRB News. If you are accessing this news story on another publication, it was illegally stolen and republished in violation of international trademark & copyright law. The correct version of this news story can be read at https://www.wkrb13.com/2018/11/23/sumitomo-mitsui-trust-holdings-inc-has-36-66-million-stake-in-cboe-global-markets-inc-cboe.html.

About Cboe Global Markets

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange in the United States. The company operates in five segments: Options, U.S. Equities, Futures, European Equities, and Global FX. The Options segment trades in listed market indexes. The U.S. Equities segment trades in listed cash equities; and provides exchange-traded products (ETP) transaction and ETP listing services.

Featured Article: Float

Want to see what other hedge funds are holding CBOE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cboe Global Markets Inc (NASDAQ:CBOE).

Institutional Ownership by Quarter for Cboe Global Markets (NASDAQ:CBOE)

Receive News & Ratings for Cboe Global Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cboe Global Markets and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply