Mutual of America Capital Management LLC Sells 166 Shares of Cboe Global Markets, Inc. $CBOE

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

Several other large investors have also recently bought and sold shares of the stock. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Cboe Global Markets in the 2nd quarter valued at about $53,776,000. Chevy Chase Trust Holdings LLC raised its holdings in Cboe Global Markets by 0.7% in the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 59,475 shares of the company’s stock valued at $13,870,000 after acquiring an additional 402 shares during the period. Stratos Wealth Partners LTD. bought a new position in Cboe Global Markets in the 2nd quarter valued at about $247,000. Allianz Asset Management GmbH raised its holdings in Cboe Global Markets by 25.7% in the 2nd quarter. Allianz Asset Management GmbH now owns 53,236 shares of the company’s stock valued at $12,415,000 after acquiring an additional 10,871 shares during the period. Finally, Generali Asset Management SPA SGR raised its holdings in Cboe Global Markets by 7,413.8% in the 2nd quarter. Generali Asset Management SPA SGR now owns 14,126 shares of the company’s stock valued at $3,294,000 after acquiring an additional 13,938 shares during the period. 82.67% of the stock is owned by institutional investors.

Cboe Global Markets Stock Performance

NASDAQ CBOE opened at $238.75 on Friday. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $24.97 billion, a price-to-earnings ratio of 33.07, a P/E/G ratio of 1.75 and a beta of 0.44. The firm’s 50 day simple moving average is $239.28 and its 200 day simple moving average is $232.69. Cboe Global Markets, Inc. has a 1 year low of $187.30 and a 1 year high of $255.27.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings results on Friday, August 1st. The company reported $2.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.43 by $0.03. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. Cboe Global Markets’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same quarter last year, the business posted $2.15 EPS. As a group, research analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Increases Dividend

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

Analyst Ratings Changes

Several research firms have weighed in on CBOE. Loop Capital set a $264.00 price target on shares of Cboe Global Markets in a report on Wednesday, October 8th. Royal Bank Of Canada restated a “sector perform” rating and set a $254.00 target price on shares of Cboe Global Markets in a research report on Monday, August 4th. Piper Sandler set a $270.00 target price on shares of Cboe Global Markets and gave the stock an “overweight” rating in a research report on Tuesday, October 14th. UBS Group restated a “neutral” rating and set a $255.00 target price (up previously from $245.00) on shares of Cboe Global Markets in a research report on Monday, August 4th. Finally, Keefe, Bruyette & Woods increased their target price on shares of Cboe Global Markets from $243.00 to $248.00 and gave the stock a “market perform” rating in a research report on Monday, August 4th. Two analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, Cboe Global Markets has a consensus rating of “Reduce” and an average target price of $235.46.

Cboe Global Markets Company 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.