Sumitomo Mitsui Trust Group Inc. Has $54.76 Million Stake in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Sumitomo Mitsui Trust Group Inc. cut its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 3.0% in the fourth quarter, according to the company in its most recent 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.’s holdings in Cboe Global Markets were worth $54,764,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in shares of Cboe Global Markets by 5.4% during the third quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock worth $96,613,000 after buying an additional 24,177 shares during the period. Oak Harvest Investment Services bought a new stake in Cboe Global Markets in the 4th quarter valued at approximately $977,000. Brentview Investment Management LLC acquired a new position in Cboe Global Markets during the 4th quarter worth approximately $3,278,000. Covea Finance grew its stake in shares of Cboe Global Markets by 283.2% during the 4th quarter. Covea Finance now owns 43,300 shares of the company’s stock worth $8,461,000 after acquiring an additional 32,000 shares in the last quarter. Finally, Smith Group Asset Management LLC raised its holdings in shares of Cboe Global Markets by 10.4% in the fourth quarter. Smith Group Asset Management LLC now owns 125,089 shares of the company’s stock valued at $24,442,000 after purchasing an additional 11,786 shares during the last quarter. Institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Trading Down 0.7 %

Shares of NASDAQ CBOE opened at $209.71 on Tuesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39. The company has a market cap of $21.95 billion, a P/E ratio of 28.57, a P/E/G 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 business’s 50 day simple moving average is $199.48.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings data on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a net margin of 19.65% and a return on equity of 22.33%. During the same quarter last year, the company earned $2.06 earnings per share. Analysts predict that Cboe Global Markets, Inc. will post 8.64 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CBOE has been the subject of a number of analyst reports. Oppenheimer decreased 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. Keefe, Bruyette & Woods lowered their target price on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a research report on Monday, January 13th. William Blair initiated coverage on Cboe Global Markets in a report on Thursday, January 9th. They set a “market perform” rating on the stock. JPMorgan Chase & Co. restated an “underweight” rating and issued a $174.00 price target (down from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Finally, Bank of America upped their price objective on Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a research note on Monday. Three analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, Cboe Global Markets presently has an average rating of “Hold” and an average price target of $206.86.

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.