Archford Capital Strategies LLC Increases Stock Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Archford Capital Strategies LLC raised its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 2.1% during the 4th quarter, Holdings Channel reports. The firm owned 7,283 shares of the company’s stock after purchasing an additional 152 shares during the quarter. Archford Capital Strategies LLC’s holdings in Cboe Global Markets were worth $1,423,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of CBOE. Erste Asset Management GmbH purchased a new stake in shares of Cboe Global Markets in the third quarter valued at about $11,191,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Cboe Global Markets in the third quarter valued at about $158,000. Benjamin Edwards Inc. lifted its holdings in shares of Cboe Global Markets by 5,967.5% in the third quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company’s stock valued at $6,203,000 after purchasing an additional 29,778 shares in the last quarter. Coastwise Capital Group LLC purchased a new stake in shares of Cboe Global Markets in the third quarter valued at about $216,000. Finally, Harmony Asset Management LLC purchased a new position in shares of Cboe Global Markets during the third quarter valued at approximately $15,175,000. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on CBOE. JPMorgan Chase & Co. reissued an “underweight” rating and set a $174.00 price objective (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Oppenheimer reduced their price objective on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. Barclays reduced their price objective on shares of Cboe Global Markets from $220.00 to $212.00 and set an “equal weight” rating on the stock in a research note on Monday, January 13th. Keefe, Bruyette & Woods cut their price target on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a research note on Monday, January 13th. Finally, StockNews.com downgraded shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a research note on Friday, January 10th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, Cboe Global Markets has a consensus rating of “Hold” and a consensus price target of $198.83.

Cboe Global Markets Stock Down 0.7 %

NASDAQ:CBOE opened at $200.15 on Friday. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $221.66. The stock’s 50 day moving average is $200.68. The stock has a market capitalization of $20.95 billion, a P/E ratio of 27.27, a P/E/G ratio of 2.03 and a beta of 0.68. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39.

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.