Cboe Global Markets, Inc. $CBOE Shares Acquired by KBC Group NV

KBC Group NV boosted its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 4.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,788 shares of the company’s stock after buying an additional 919 shares during the period. KBC Group NV’s holdings in Cboe Global Markets were worth $5,547,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Missouri Trust & Investment Co acquired a new stake in shares of Cboe Global Markets in the 2nd quarter worth approximately $26,000. Clearstead Trust LLC acquired a new position in shares of Cboe Global Markets during the first quarter valued at approximately $26,000. Ameritas Advisory Services LLC bought a new stake in Cboe Global Markets during the second quarter worth approximately $46,000. Pandora Wealth Inc. acquired a new stake in Cboe Global Markets in the first quarter worth approximately $45,000. Finally, Spire Wealth Management boosted its stake in Cboe Global Markets by 61.5% during the 2nd quarter. Spire Wealth Management now owns 239 shares of the company’s stock valued at $56,000 after purchasing an additional 91 shares in the last quarter. 82.67% of the stock is currently owned by institutional investors.

Cboe Global Markets Trading Down 0.6%

NASDAQ:CBOE opened at $258.35 on Friday. The stock has a fifty day simple moving average of $242.03 and a 200 day simple moving average of $236.79. The firm has a market capitalization of $27.04 billion, a price-to-earnings ratio of 35.78, a price-to-earnings-growth ratio of 1.75 and a beta of 0.42. Cboe Global Markets, Inc. has a 1-year low of $187.30 and a 1-year 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.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings data on Friday, October 31st. The company reported $2.67 EPS for the quarter, beating analysts’ consensus estimates 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 quarter last year, the firm earned $2.22 earnings per share. The firm’s revenue was up 13.8% compared to the same quarter last year. Sell-side analysts forecast that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Analyst Upgrades and Downgrades

CBOE has been the topic of a number of research reports. UBS Group boosted their price objective on Cboe Global Markets from $255.00 to $265.00 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. Zacks Research raised Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 5th. Piper Sandler reissued an “overweight” rating and issued a $290.00 price target on shares of Cboe Global Markets in a report on Monday, November 3rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Cboe Global Markets in a research report on Monday, November 3rd. Finally, Barclays boosted their target price on shares of Cboe Global Markets from $264.00 to $273.00 and gave the stock an “equal weight” rating in a report on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $243.38.

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.