IPG Investment Advisors LLC acquired a new position in Cboe Global Markets Inc (NASDAQ:CBOE) during the 4th quarter, Holdings Channel reports. The fund acquired 2,000 shares of the financial services provider’s stock, valued at approximately $249,000.

A number of other hedge funds also recently made changes to their positions in the business. Artisan Partners Limited Partnership raised its position in Cboe Global Markets by 2.2% in the third quarter. Artisan Partners Limited Partnership now owns 2,318,655 shares of the financial services provider’s stock worth $249,557,000 after acquiring an additional 50,004 shares during the period. Wells Fargo & Company MN raised its position in Cboe Global Markets by 10.4% in the third quarter. Wells Fargo & Company MN now owns 1,520,349 shares of the financial services provider’s stock worth $163,635,000 after acquiring an additional 142,667 shares during the period. Bank of New York Mellon Corp raised its position in Cboe Global Markets by 3.1% in the third quarter. Bank of New York Mellon Corp now owns 1,510,418 shares of the financial services provider’s stock worth $162,567,000 after acquiring an additional 45,666 shares during the period. American Century Companies Inc. raised its position in Cboe Global Markets by 1.2% in the third quarter. American Century Companies Inc. now owns 1,273,313 shares of the financial services provider’s stock worth $137,047,000 after acquiring an additional 14,955 shares during the period. Finally, Janus Henderson Group PLC raised its position in Cboe Global Markets by 46.8% in the third quarter. Janus Henderson Group PLC now owns 704,403 shares of the financial services provider’s stock worth $75,815,000 after acquiring an additional 224,513 shares during the period. 83.54% of the stock is currently owned by institutional investors and hedge funds.

CBOE has been the topic of several research reports. BidaskClub lowered shares of Cboe Global Markets from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, December 20th. Rosenblatt Securities raised shares of Cboe Global Markets from a “neutral” rating to a “buy” rating in a research report on Monday. Bank of America lowered their price objective on shares of Cboe Global Markets from $139.00 to $123.00 and set a “buy” rating on the stock in a research report on Monday. Deutsche Bank raised shares of Cboe Global Markets from a “hold” rating to a “buy” rating in a research report on Tuesday. Finally, Barclays lowered their price objective on shares of Cboe Global Markets from $127.00 to $110.00 and set an “equal weight” rating on the stock in a research report on Monday. Eight analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $115.40.

In other news, VP Christopher A. Isaacson sold 7,019 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $124.42, for a total value of $873,303.98. Following the sale, the vice president now owns 90,229 shares of the company’s stock, valued at $11,226,292.18. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Frank E. Jr. English sold 300 shares of the business’s stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $123.80, for a total transaction of $37,140.00. Following the completion of the sale, the director now directly owns 4,214 shares in the company, valued at approximately $521,693.20. The disclosure for this sale can be found here. In the last three months, insiders sold 12,989 shares of company stock worth $1,622,840. Insiders own 1.86% of the company’s stock.

Shares of Cboe Global Markets Inc (NASDAQ:CBOE) opened at $110.68 on Tuesday. Cboe Global Markets Inc has a 12-month low of $77.33 and a 12-month high of $138.54. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.31 and a quick ratio of 1.57. The stock has a market cap of $12,152.46, a P/E ratio of 31.18, a PEG ratio of 1.15 and a beta of 0.46.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings results on Friday, February 9th. The financial services provider reported $0.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by ($0.01). Cboe Global Markets had a net margin of 17.80% and a return on equity of 12.74%. The business had revenue of $265.60 million during the quarter, compared to the consensus estimate of $267.25 million. During the same period last year, the firm earned $0.63 EPS. The business’s revenue for the quarter was up 85.7% on a year-over-year basis. sell-side analysts expect that Cboe Global Markets Inc will post 4.73 EPS for the current year.

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Cboe Global Markets Profile

Cboe Global Markets, Inc, formerly CBOE Holdings, Inc, is a holding company. The Company provides trading and investment solutions to investors around the world. It offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, United States and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index).

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

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