Cary Street Partners Financial LLC Has $14.26 Million Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Key Points

• Cary Street Partners Financial LLC reduced its holdings in Cboe Global Markets by 2.4%, selling 1,521 shares, and now owns approximately 63,034 shares worth $14.26 million.
• Several institutional investors made significant adjustments to their positions, with T. Rowe Price increasing its holdings by 3.3% and GAMMA Investing LLC growing its stake by 29,094.5% in the first quarter.
• Analysts have mixed ratings for Cboe Global Markets, with a consensus price target of $229.50, while three analysts rated the stock as a sell.

Cary Street Partners Financial LLC reduced its position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 2.4% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 63,034 shares of the company's stock after selling 1,521 shares during the period. Cary Street Partners Financial LLC owned approximately 0.06% of Cboe Global Markets worth $14,264,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Clearstead Trust LLC purchased a new position in shares of Cboe Global Markets during the first quarter worth about $26,000. Blair William & Co. IL increased its stake in shares of Cboe Global Markets by 3.1% during the first quarter. Blair William & Co. IL now owns 60,571 shares of the company's stock valued at $13,707,000 after buying an additional 1,833 shares during the period. Argent Trust Co increased its stake in shares of Cboe Global Markets by 1.3% during the first quarter. Argent Trust Co now owns 4,927 shares of the company's stock valued at $1,115,000 after buying an additional 61 shares during the period. Manchester Capital Management LLC raised its holdings in Cboe Global Markets by 1.0% in the first quarter. Manchester Capital Management LLC now owns 6,359 shares of the company's stock worth $1,439,000 after purchasing an additional 64 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in shares of Cboe Global Markets by 2.6% in the first quarter. PNC Financial Services Group Inc. now owns 15,280 shares of the company's stock worth $3,458,000 after acquiring an additional 392 shares during the last quarter. 82.67% of the stock is currently owned by institutional investors.

Insider Transactions at Cboe Global Markets

In other news, EVP Catherine R. Clay sold 3,598 shares of Cboe Global Markets 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 owned 2,183 shares in the company, valued at approximately $494,624.14. The trade was 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 corporate insiders.

Cboe Global Markets Stock Performance

Shares of Cboe Global Markets stock traded up $1.40 during trading on Thursday, hitting $249.50. 698,066 shares of the stock were exchanged, compared to its average volume of 878,149. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. Cboe Global Markets, Inc. has a 12 month low of $187.30 and a 12 month high of $251.21. The stock's fifty day moving average is $233.59 and its 200 day moving average is $221.46. The stock has a market cap of $26.10 billion, a PE ratio of 34.56, a P/E/G ratio of 1.75 and a beta of 0.46.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its earnings results on Friday, August 1st. The company reported $2.46 earnings per share for the quarter, beating analysts' consensus estimates of $2.43 by $0.03. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. The firm's quarterly revenue was up 14.3% compared to the same quarter last year. During the same period in the prior year, the business posted $2.15 EPS. As a group, sell-side analysts anticipate that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Royal Bank Of Canada reiterated a "sector perform" rating and issued a $254.00 price target on shares of Cboe Global Markets in a research report on Monday. Keefe, Bruyette & Woods upped their price objective on Cboe Global Markets from $243.00 to $248.00 and gave the stock a "market perform" rating in a research note on Monday. Barclays increased their price objective on Cboe Global Markets from $243.00 to $256.00 and gave the company an "equal weight" rating in a report on Monday. Bank of America reaffirmed a "neutral" rating and set a $227.00 target price (down from $260.00) on shares of Cboe Global Markets in a report on Thursday, April 10th. Finally, Citigroup raised their target price on Cboe Global Markets from $230.00 to $245.00 and gave the company a "neutral" rating in a research report on Tuesday, July 8th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $231.38.

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.