Mirae Asset Global Investments Co. Ltd. Purchases 6,438 Shares of Cboe Global Markets Inc (CBOE)

Mirae Asset Global Investments Co. Ltd. boosted its position in Cboe Global Markets Inc (NASDAQ:CBOE) by 104.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,584 shares of the financial services provider’s stock after purchasing an additional 6,438 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Cboe Global Markets were worth $1,208,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Braun Bostich & Associates Inc. grew its holdings in Cboe Global Markets by 1,391.0% in the 2nd quarter. Braun Bostich & Associates Inc. now owns 999 shares of the financial services provider’s stock valued at $104,000 after buying an additional 932 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its holdings in Cboe Global Markets by 83.2% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,196 shares of the financial services provider’s stock valued at $115,000 after buying an additional 543 shares in the last quarter. Campbell & CO Investment Adviser LLC purchased a new stake in Cboe Global Markets in the 3rd quarter valued at $201,000. Commonwealth Equity Services LLC purchased a new stake in Cboe Global Markets in the 2nd quarter valued at $202,000. Finally, Redpoint Investment Management Pty Ltd purchased a new stake in Cboe Global Markets in the 2nd quarter valued at $216,000. 81.98% of the stock is owned by hedge funds and other institutional investors.

In related news, VP Christopher A. Isaacson sold 8,719 shares of the firm’s stock in a transaction dated Tuesday, November 27th. The stock was sold at an average price of $106.48, for a total transaction of $928,399.12. Following the completion of the transaction, the vice president now directly owns 70,000 shares in the company, valued at approximately $7,453,600. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Frank E. Jr. English sold 1,000 shares of the firm’s 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 transaction, the director now owns 3,137 shares of the company’s stock, valued at $356,206.35. The disclosure for this sale can be found here. Corporate insiders own 0.89% of the company’s stock.

Several brokerages have issued reports on CBOE. Bank of America upped their target price on Cboe Global Markets from $113.00 to $122.00 and gave the company a “buy” rating in a report on Monday, November 5th. Citigroup set a $115.00 target price on Cboe Global Markets and gave the company a “hold” rating in a report on Monday, November 5th. Wells Fargo & Co restated a “buy” rating on shares of Cboe Global Markets in a report on Friday, November 2nd. JPMorgan Chase & Co. increased their price target on Cboe Global Markets from $92.00 to $105.00 and gave the stock a “hold” rating in a report on Wednesday, October 24th. Finally, Raymond James lowered their price target on Cboe Global Markets from $115.00 to $112.00 and set an “outperform” rating for the company in a report on Friday, October 5th. Nine investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $116.29.

NASDAQ CBOE opened at $100.89 on Friday. Cboe Global Markets Inc has a twelve month low of $91.10 and a twelve month high of $138.54.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, December 14th. Stockholders of record on Friday, November 30th were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date was Thursday, November 29th.

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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.

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

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