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

Sumitomo Mitsui Trust Group Inc. decreased its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 3.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 280,265 shares of the company’s stock after selling 8,585 shares during the period. Sumitomo Mitsui Trust Group Inc. owned 0.27% of Cboe Global Markets worth $54,764,000 at the end of the most recent quarter.

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

Cboe Global Markets Stock Performance

CBOE opened at $209.71 on Tuesday. Cboe Global Markets, Inc. has a twelve month low of $166.13 and a twelve month high of $221.66. The firm has a market capitalization of $21.95 billion, a price-to-earnings ratio of 28.57, a PEG ratio of 2.14 and a beta of 0.68. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The stock has a fifty day moving average price of $199.48.

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

Analyst Ratings Changes

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

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.