Forsta AP Fonden Grows Stock Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Forsta AP Fonden increased its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 2.3% during the 1st quarter, Holdings Channel reports. The institutional investor owned 49,100 shares of the company’s stock after purchasing an additional 1,100 shares during the quarter. Forsta AP Fonden’s holdings in Cboe Global Markets were worth $11,111,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. T. Rowe Price Investment Management Inc. raised its position in shares of Cboe Global Markets by 3.3% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 4,015,179 shares of the company’s stock valued at $784,566,000 after buying an additional 126,721 shares during the period. FMR LLC raised its position in shares of Cboe Global Markets by 2.5% during the 4th quarter. FMR LLC now owns 1,571,980 shares of the company’s stock valued at $307,165,000 after buying an additional 38,587 shares during the period. Northern Trust Corp raised its position in shares of Cboe Global Markets by 9.2% during the 4th quarter. Northern Trust Corp now owns 1,242,890 shares of the company’s stock valued at $242,861,000 after buying an additional 104,257 shares during the period. GAMMA Investing LLC raised its position in shares of Cboe Global Markets by 29,094.5% during the 1st quarter. GAMMA Investing LLC now owns 1,216,535 shares of the company’s stock valued at $275,290,000 after buying an additional 1,212,368 shares during the period. Finally, Two Sigma Advisers LP raised its position in shares of Cboe Global Markets by 11.3% during the 4th quarter. Two Sigma Advisers LP now owns 709,600 shares of the company’s stock valued at $138,656,000 after buying an additional 72,200 shares during the period. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Stock Up 1.2%

Cboe Global Markets stock opened at $252.58 on Friday. Cboe Global Markets, Inc. has a twelve month low of $187.30 and a twelve month high of $252.92. The stock’s fifty day simple moving average is $234.06 and its 200-day simple moving average is $221.85. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $26.42 billion, a P/E ratio of 34.98, a P/E/G ratio of 1.75 and a beta of 0.46.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings data on Friday, August 1st. The company reported $2.46 earnings per share for the quarter, topping analysts’ consensus estimates of $2.43 by $0.03. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. During the same quarter last year, the company earned $2.15 EPS. The firm’s quarterly revenue was up 14.3% compared to the same quarter last year. As a group, equities analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Keefe, Bruyette & Woods boosted their target price on Cboe Global Markets from $243.00 to $248.00 and gave the company a “market perform” rating in a research report on Monday, August 4th. Cowen reissued a “hold” rating on shares of Cboe Global Markets in a research report on Monday, May 5th. Piper Sandler boosted their target price on Cboe Global Markets from $250.00 to $265.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. Barclays boosted their target price on Cboe Global Markets from $243.00 to $256.00 and gave the company an “equal weight” rating in a research report on Monday, August 4th. Finally, Morgan Stanley set a $218.00 target price on Cboe Global Markets and gave the company an “underweight” rating in a research report on Tuesday, July 15th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $231.38.

Insider Buying and Selling at Cboe Global Markets

In other news, EVP Catherine R. Clay sold 3,598 shares of the company’s stock in a transaction on Friday, May 23rd. The stock was sold at an average price of $226.58, for a total transaction of $815,234.84. Following the sale, the executive vice president owned 2,183 shares of the company’s stock, valued at approximately $494,624.14. This represents a 62.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.22% of the company’s stock.

Cboe Global Markets 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.