Chicago Partners Investment Group LLC Has $847,000 Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Key Points

• Chicago Partners Investment Group LLC reduced its stock holdings in Cboe Global Markets by 30.4% during the first quarter, ending with 3,614 shares valued at $847,000.
• A mix of institutional investors increased their stakes in Cboe Global Markets, with Sterling Capital Management LLC leading at a 55.4% increase in the fourth quarter.
• To date, analysts have assigned Cboe Global Markets an average rating of "Hold", with a consensus target price of $231.38, indicating mixed investor sentiment.

Chicago Partners Investment Group LLC lessened its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 30.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,614 shares of the company's stock after selling 1,578 shares during the period. Chicago Partners Investment Group LLC's holdings in Cboe Global Markets were worth $847,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. OneDigital Investment Advisors LLC purchased a new stake in Cboe Global Markets in the first quarter worth $265,000. Capital Investment Advisory Services LLC bought a new position in shares of Cboe Global Markets in the 1st quarter valued at about $277,000. Harel Insurance Investments & Financial Services Ltd. lifted its stake in Cboe Global Markets by 31.9% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 29,561 shares of the company's stock worth $6,689,000 after purchasing an additional 7,146 shares during the last quarter. GAM Holding AG purchased a new stake in Cboe Global Markets in the first quarter valued at $1,541,000. Finally, Teacher Retirement System of Texas purchased a new position in Cboe Global Markets in the 1st quarter valued at approximately $3,463,000. Institutional investors and hedge funds own 82.67% of the company's stock.

Cboe Global Markets Stock Performance

CBOE stock traded down $4.72 during trading on Tuesday, reaching $248.52. The stock had a trading volume of 816,829 shares, compared to its average volume of 877,249. The stock's 50 day moving average is $234.93 and its two-hundred day moving average is $222.71. The firm has a market cap of $25.99 billion, a PE ratio of 34.42, a PEG ratio of 1.75 and a beta of 0.46. Cboe Global Markets, Inc. has a 52 week low of $187.30 and a 52 week high of $255.27. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last announced its earnings results on Friday, August 1st. The company reported $2.46 EPS for the quarter, topping 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%. During the same period in the previous year, the business posted $2.15 earnings per share. The company's revenue for the quarter was up 14.3% compared to the same quarter last year. As a group, equities analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on CBOE shares. Piper Sandler boosted their target price on shares of Cboe Global Markets from $250.00 to $265.00 and gave the stock an "overweight" rating in a research report on Monday, August 4th. Citigroup lifted 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. Cowen reiterated a "hold" rating on shares of Cboe Global Markets in a research report on Monday, May 5th. Keefe, Bruyette & Woods raised their price objective on shares of Cboe Global Markets from $243.00 to $248.00 and gave the company a "market perform" rating in a research report on Monday, August 4th. Finally, UBS Group reissued a "neutral" rating and set a $255.00 target price (up from $245.00) on shares of Cboe Global Markets in a research note on Monday, August 4th. Three equities research 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 stock has a consensus rating of "Hold" and an average price target of $231.38.

Insiders Place Their Bets

In other Cboe Global Markets news, EVP Catherine R. Clay sold 3,598 shares of the firm's stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $226.58, for a total value of $815,234.84. Following the transaction, the executive vice president owned 2,183 shares of the company's stock, valued at $494,624.14. This trade represents a 62.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.22% of the company's stock.

Cboe Global Markets Company 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.