IRON Financial LLC lessened its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE – Free Report) by 0.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,490 shares of the company’s stock after selling 100 shares during the quarter. Cboe Global Markets makes up approximately 1.2% of IRON Financial LLC’s investment portfolio, making the stock its 20th largest position. IRON Financial LLC’s holdings in Cboe Global Markets were worth $2,050,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in the business. Erste Asset Management GmbH bought a new position in shares of Cboe Global Markets during the third quarter valued at $11,191,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Cboe Global Markets in the third quarter valued at $158,000. Benjamin Edwards Inc. raised its position in Cboe Global Markets by 5,967.5% during the 3rd quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company’s stock worth $6,203,000 after purchasing an additional 29,778 shares during the last quarter. Coastwise Capital Group LLC acquired a new position in Cboe Global Markets during the 3rd quarter worth about $216,000. Finally, Harmony Asset Management LLC bought a new stake in shares of Cboe Global Markets in the 3rd quarter valued at about $15,175,000. 82.67% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of equities analysts recently commented on CBOE shares. Jefferies Financial Group cut their price objective 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. JPMorgan Chase & Co. restated an “underweight” rating and issued a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. William Blair assumed coverage on shares of Cboe Global Markets in a research report on Thursday, January 9th. They set a “market perform” rating for the company. StockNews.com lowered shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a report on Friday, January 10th. Finally, The Goldman Sachs Group downgraded Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price target for the company. in a report on Monday, January 6th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $198.83.
Cboe Global Markets Trading Up 2.3 %
CBOE opened at $204.80 on Tuesday. The firm has a fifty day moving average of $200.66. Cboe Global Markets, Inc. has a 1-year low of $166.13 and a 1-year high of $221.66. The company has a market capitalization of $21.44 billion, a P/E ratio of 27.90, a P/E/G ratio of 2.03 and a beta of 0.68. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34.
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.
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