20,437 Shares in Cboe Global Markets, Inc. (NASDAQ:CBOE) Purchased by ASR Vermogensbeheer N.V.

Key Points

• ASR Vermogensbeheer N.V. purchased 20,437 shares of Cboe Global Markets, valued at approximately $4.6 million, during the first quarter of the year.
• Institutional investors collectively own 82.67% of Cboe Global Markets, with several firms increasing their stakes in the company during the fourth quarter.
• Cboe Global Markets exceeded earnings estimates by reporting $2.46 EPS for the last quarter, along with a revenue increase of 14.3% year-over-year.

ASR Vermogensbeheer N.V. acquired a new position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 20,437 shares of the company's stock, valued at approximately $4,624,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of CBOE. Brighton Jones LLC raised its stake in Cboe Global Markets by 10.1% during the fourth quarter. Brighton Jones LLC now owns 1,092 shares of the company's stock worth $213,000 after acquiring an additional 100 shares during the period. Envestnet Asset Management Inc. raised its stake in Cboe Global Markets by 11.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 203,703 shares of the company's stock worth $39,804,000 after acquiring an additional 21,161 shares during the period. FMR LLC raised its stake in Cboe Global Markets by 2.5% during the fourth quarter. FMR LLC now owns 1,571,980 shares of the company's stock worth $307,165,000 after acquiring an additional 38,587 shares during the period. Bank of Montreal Can raised its stake in Cboe Global Markets by 1.3% during the fourth quarter. Bank of Montreal Can now owns 212,443 shares of the company's stock worth $41,511,000 after acquiring an additional 2,640 shares during the period. Finally, FIL Ltd raised its stake in Cboe Global Markets by 22.9% during the fourth quarter. FIL Ltd now owns 35,383 shares of the company's stock worth $6,914,000 after acquiring an additional 6,599 shares during the period. Institutional investors and hedge funds own 82.67% of the company's stock.

Cboe Global Markets Trading Up 0.6%

Cboe Global Markets stock opened at $249.50 on Friday. The firm has a 50 day simple moving average of $233.59 and a 200-day simple moving average of $221.46. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The stock has a market capitalization of $26.10 billion, a PE ratio of 34.56, a price-to-earnings-growth ratio of 1.75 and a beta of 0.46. Cboe Global Markets, Inc. has a 12-month low of $187.30 and a 12-month high of $251.21.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The company reported $2.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.43 by $0.03. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. The firm's revenue was up 14.3% on a year-over-year basis. During the same period in the previous year, the firm earned $2.15 earnings per share. As a group, equities research analysts expect that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on CBOE. UBS Group reiterated a "neutral" rating and set a $255.00 price objective (up previously from $245.00) on shares of Cboe Global Markets in a research note on Monday. Royal Bank Of Canada reiterated a "sector perform" rating and set a $254.00 price objective on shares of Cboe Global Markets in a research note on Monday. Cowen reiterated a "hold" rating on shares of Cboe Global Markets in a research note on Monday, May 5th. Barclays raised their price target on shares of Cboe Global Markets from $243.00 to $256.00 and gave the company an "equal weight" rating in a research note on Monday. Finally, Bank of America restated a "neutral" rating and issued a $227.00 price target (down previously from $260.00) on shares of Cboe Global Markets in a research note on Thursday, April 10th. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $231.38.

Insider Activity

In other news, EVP Catherine R. Clay sold 3,598 shares of the stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of $226.58, for a total value of $815,234.84. Following the completion of the transaction, the executive vice president directly owned 2,183 shares in the company, valued at $494,624.14. This trade represents a 62.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.22% of the stock is owned by company insiders.

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.

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