Cboe Global Markets (CBOE) Shares Bought by Raymond James & Associates

Raymond James & Associates boosted its stake in Cboe Global Markets (NASDAQ:CBOE) by 10.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,133 shares of the financial services provider’s stock after purchasing an additional 577 shares during the period. Raymond James & Associates’ holdings in Cboe Global Markets were worth $764,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of CBOE. Dimensional Fund Advisors LP increased its holdings in Cboe Global Markets by 2.1% in the third quarter. Dimensional Fund Advisors LP now owns 416,362 shares of the financial services provider’s stock valued at $44,812,000 after purchasing an additional 8,417 shares during the period. Atlantic Trust Group LLC acquired a new stake in Cboe Global Markets in the third quarter valued at $3,301,000. DnB Asset Management AS increased its holdings in Cboe Global Markets by 4.8% in the fourth quarter. DnB Asset Management AS now owns 54,900 shares of the financial services provider’s stock valued at $6,840,000 after purchasing an additional 2,500 shares during the period. Chesley Taft & Associates LLC increased its holdings in Cboe Global Markets by 2.4% in the fourth quarter. Chesley Taft & Associates LLC now owns 33,535 shares of the financial services provider’s stock valued at $4,178,000 after purchasing an additional 795 shares during the period. Finally, Hexavest Inc. increased its holdings in Cboe Global Markets by 3.4% in the fourth quarter. Hexavest Inc. now owns 191,733 shares of the financial services provider’s stock valued at $23,888,000 after purchasing an additional 6,245 shares during the period. Institutional investors and hedge funds own 84.40% of the company’s stock.

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A number of analysts have weighed in on the company. BidaskClub downgraded Cboe Global Markets from a “hold” rating to a “sell” rating in a report on Wednesday, April 18th. Zacks Investment Research upgraded Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Wednesday, April 11th. Sanford C. Bernstein assumed coverage on Cboe Global Markets in a report on Monday, April 9th. They set a “market perform” rating and a $110.00 price target for the company. Deutsche Bank increased their price target on Cboe Global Markets from $128.00 to $129.00 and gave the stock a “buy” rating in a report on Friday, April 6th. Finally, JPMorgan Chase downgraded Cboe Global Markets from a “neutral” rating to an “underweight” rating and set a $106.00 price target for the company. in a report on Wednesday, March 21st. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $119.17.



CBOE stock opened at $110.16 on Monday. The stock has a market cap of $12,373.17, a PE ratio of 32.21, a P/E/G ratio of 1.41 and a beta of 0.62. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.40. Cboe Global Markets has a 1 year low of $81.85 and a 1 year high of $138.54.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings data on Friday, February 9th. The financial services provider reported $0.87 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.88 by ($0.01). The company had revenue of $265.60 million for the quarter, compared to the consensus estimate of $267.25 million. Cboe Global Markets had a return on equity of 12.74% and a net margin of 17.80%. Cboe Global Markets’s revenue for the quarter was up 85.7% compared to the same quarter last year. During the same period last year, the company earned $0.63 EPS. sell-side analysts expect that Cboe Global Markets will post 4.61 EPS for the current fiscal year.

Cboe Global Markets declared that its board has initiated a share buyback program on Tuesday, February 27th that authorizes the company to buyback $150.00 million in outstanding shares. This buyback authorization authorizes the financial services provider to reacquire shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

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Cboe Global Markets Company Profile

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.

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

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