National Pension Service Boosts Holdings in Cboe Global Markets, Inc. $CBOE

National Pension Service lifted its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 0.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 162,605 shares of the company’s stock after buying an additional 1,130 shares during the period. National Pension Service owned approximately 0.16% of Cboe Global Markets worth $37,921,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in CBOE. Clearstead Trust LLC acquired a new stake in Cboe Global Markets during the first quarter worth $26,000. Missouri Trust & Investment Co purchased a new position in shares of Cboe Global Markets during the 2nd quarter worth $26,000. Pandora Wealth Inc. purchased a new position in shares of Cboe Global Markets during the 1st quarter worth $45,000. Ameritas Advisory Services LLC acquired a new stake in shares of Cboe Global Markets during the 2nd quarter worth about $46,000. Finally, Spire Wealth Management raised its holdings in Cboe Global Markets by 61.5% in the 2nd quarter. Spire Wealth Management now owns 239 shares of the company’s stock valued at $56,000 after buying an additional 91 shares during the period. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CBOE has been the subject of several research analyst reports. Morgan Stanley reaffirmed an “underweight” rating and set a $221.00 target price on shares of Cboe Global Markets in a research note on Wednesday, October 1st. Royal Bank Of Canada restated a “sector perform” rating and issued a $254.00 price objective on shares of Cboe Global Markets in a report on Monday, August 4th. Keefe, Bruyette & Woods increased their price objective on shares of Cboe Global Markets from $257.00 to $269.00 and gave the stock a “market perform” rating in a research report on Monday, November 3rd. UBS Group lifted their target price on shares of Cboe Global Markets from $255.00 to $265.00 and gave the company a “neutral” rating in a report on Monday, November 3rd. Finally, Oppenheimer set a $265.00 price target on Cboe Global Markets and gave the stock an “outperform” rating in a research note on Monday, August 4th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $243.38.

Cboe Global Markets Price Performance

Shares of CBOE opened at $258.35 on Friday. The company has a market cap of $27.04 billion, a P/E ratio of 35.78, a PEG ratio of 1.75 and a beta of 0.42. Cboe Global Markets, Inc. has a fifty-two week low of $187.30 and a fifty-two week high of $262.98. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The firm’s 50 day moving average price is $242.03 and its 200 day moving average price is $236.65.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings results on Friday, October 31st. The company reported $2.67 EPS for the quarter, topping the consensus estimate of $2.53 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same period in the prior year, the business earned $2.22 earnings per share. The company’s revenue was up 13.8% on a year-over-year basis. On average, research analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

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.