Stephens Inc. AR Decreases Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Stephens Inc. AR reduced its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 0.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,253 shares of the company’s stock after selling 232 shares during the period. Stephens Inc. AR’s holdings in Cboe Global Markets were worth $4,739,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Sugar Maple Asset Management LLC purchased a new stake in Cboe Global Markets in the 4th quarter worth approximately $36,000. TD Private Client Wealth LLC raised its holdings in shares of Cboe Global Markets by 149.0% during the third quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock valued at $76,000 after acquiring an additional 222 shares in the last quarter. Trust Co. of Vermont lifted its stake in Cboe Global Markets by 2,000.0% in the fourth quarter. Trust Co. of Vermont now owns 420 shares of the company’s stock worth $82,000 after acquiring an additional 400 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new stake in Cboe Global Markets in the third quarter valued at $158,000. Finally, USA Financial Formulas bought a new stake in Cboe Global Markets in the fourth quarter valued at $182,000. 82.67% of the stock is owned by institutional investors.

Cboe Global Markets Stock Performance

Shares of NASDAQ CBOE opened at $209.71 on Tuesday. The business has a 50 day moving average price of $199.48. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $221.66. The company has a market capitalization of $21.95 billion, a P/E ratio of 28.57, a PEG 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 (EPS) 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 period in the previous year, the firm earned $2.06 earnings per share. On average, analysts forecast that Cboe Global Markets, Inc. will post 8.64 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on CBOE shares. The Goldman Sachs Group cut shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price for the company. in a research report on Monday, January 6th. Keefe, Bruyette & Woods lowered their price objective on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a report on Monday, January 13th. Bank of America upped their target price on Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a report on Monday. JPMorgan Chase & Co. restated an “underweight” rating and issued a $174.00 target price (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Finally, Jefferies Financial Group reduced their price target on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research note on Thursday, January 9th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $206.86.

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.