Mutual of America Capital Management LLC Sells 343 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Mutual of America Capital Management LLC lowered its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 2.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 12,542 shares of the company’s stock after selling 343 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Cboe Global Markets were worth $2,451,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Private Trust Co. NA raised its holdings in Cboe Global Markets by 6.4% during the 4th quarter. Private Trust Co. NA now owns 2,357 shares of the company’s stock valued at $461,000 after buying an additional 142 shares during the last quarter. Proficio Capital Partners LLC purchased a new position in shares of Cboe Global Markets in the fourth quarter valued at about $14,709,000. Oppenheimer & Co. Inc. raised its stake in shares of Cboe Global Markets by 1.0% during the fourth quarter. Oppenheimer & Co. Inc. now owns 9,563 shares of the company’s stock valued at $1,869,000 after acquiring an additional 92 shares during the last quarter. Mn Services Vermogensbeheer B.V. boosted its holdings in shares of Cboe Global Markets by 1.5% during the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 41,100 shares of the company’s stock worth $8,031,000 after purchasing an additional 600 shares during the period. Finally, New York Life Investment Management LLC boosted its holdings in shares of Cboe Global Markets by 0.3% during the fourth quarter. New York Life Investment Management LLC now owns 15,531 shares of the company’s stock worth $3,035,000 after purchasing an additional 48 shares during the period. Institutional investors own 82.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Keefe, Bruyette & Woods lowered their price target on 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. Barclays upped their target price on Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a report on Monday, February 10th. Jefferies Financial Group cut their price target on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday, January 9th. StockNews.com raised shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Tuesday. Finally, Oppenheimer dropped their target price on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a research report on Monday, January 13th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $206.86.

Cboe Global Markets Price Performance

NASDAQ:CBOE opened at $213.63 on Friday. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The stock has a 50-day simple moving average of $202.71. The stock has a market cap of $22.37 billion, a P/E ratio of 29.59, a PEG ratio of 1.75 and a beta of 0.67. Cboe Global Markets, Inc. has a 1-year low of $166.13 and a 1-year high of $221.66.

Cboe Global Markets (NASDAQ:CBOE) last announced 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 18.64% and a return on equity of 22.02%. During the same quarter in the prior year, the company posted $2.06 EPS. Equities analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The business 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 dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date is Friday, February 28th. Cboe Global Markets’s payout ratio is 34.90%.

Insiders Place Their Bets

In other news, CAO Allen Wilkinson sold 228 shares of the company’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $211.12, for a total value of $48,135.36. Following the transaction, the chief accounting officer now owns 248 shares in the company, valued at approximately $52,357.76. This represents a 47.90 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Dave Howson sold 11,036 shares of the stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the sale, the executive vice president now owns 8,025 shares in the company, valued at approximately $1,653,230.25. The trade was a 57.90 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 11,544 shares of company stock valued at $2,380,529. 0.22% of the stock is currently owned by corporate insiders.

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.