Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Purchased by Entropy Technologies LP

Entropy Technologies LP increased its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 13.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 10,684 shares of the company’s stock after acquiring an additional 1,300 shares during the quarter. Entropy Technologies LP’s holdings in Cboe Global Markets were worth $2,088,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Apollon Wealth Management LLC purchased a new stake in shares of Cboe Global Markets during the fourth quarter worth about $238,000. Triasima Portfolio Management inc. acquired a new stake in Cboe Global Markets in the 4th quarter worth about $1,196,000. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in Cboe Global Markets by 2.1% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 14,006 shares of the company’s stock worth $2,737,000 after buying an additional 294 shares in the last quarter. Choreo LLC increased its stake in Cboe Global Markets by 4.3% during the 4th quarter. Choreo LLC now owns 5,209 shares of the company’s stock worth $1,021,000 after buying an additional 213 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Cboe Global Markets by 40.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company’s stock valued at $4,750,000 after acquiring an additional 6,943 shares during the last quarter. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

CBOE has been the topic of a number of research analyst reports. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $174.00 price target (down from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Barclays dropped their target price on shares of Cboe Global Markets from $220.00 to $212.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. Keefe, Bruyette & Woods decreased 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. Jefferies Financial Group dropped their price objective on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a research note on Thursday, January 9th. Finally, William Blair began coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They issued a “market perform” rating on the stock. Three research analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, Cboe Global Markets currently has a consensus rating of “Hold” and an average price target of $198.83.

Cboe Global Markets Stock Up 2.0 %

CBOE opened at $211.17 on Monday. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $221.66. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39. The stock’s fifty day moving average price is $199.53. The stock has a market capitalization of $22.11 billion, a price-to-earnings ratio of 28.77, a P/E/G ratio of 2.14 and a beta of 0.68.

Cboe Global Markets (NASDAQ:CBOE) last announced its earnings results on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a return on equity of 22.33% and a net margin of 19.65%. During the same quarter in the previous year, the company earned $2.06 EPS. Sell-side analysts expect that Cboe Global Markets, Inc. will post 8.64 earnings per share for the current year.

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.