E. Ohman J or Asset Management AB Cuts Stock Position in Cboe Global Markets, Inc. $CBOE

E. Ohman J or Asset Management AB lessened its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 27.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 135,794 shares of the company’s stock after selling 50,510 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in Cboe Global Markets were worth $33,303,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. IHT Wealth Management LLC grew its holdings in Cboe Global Markets by 4.5% in the second quarter. IHT Wealth Management LLC now owns 1,021 shares of the company’s stock worth $238,000 after purchasing an additional 44 shares during the last quarter. Apollon Wealth Management LLC boosted its position in shares of Cboe Global Markets by 3.7% in the 2nd quarter. Apollon Wealth Management LLC now owns 1,262 shares of the company’s stock worth $294,000 after purchasing an additional 45 shares in the last quarter. Dorsey & Whitney Trust CO LLC grew its stake in Cboe Global Markets by 3.2% during the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 1,498 shares of the company’s stock worth $349,000 after buying an additional 46 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in Cboe Global Markets by 9.7% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 554 shares of the company’s stock worth $129,000 after buying an additional 49 shares during the last quarter. Finally, Brown Advisory Inc. increased its position in Cboe Global Markets by 3.9% during the 2nd quarter. Brown Advisory Inc. now owns 1,499 shares of the company’s stock valued at $350,000 after buying an additional 56 shares in the last quarter. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have weighed in on CBOE. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Cboe Global Markets in a report on Monday, November 3rd. Zacks Research upgraded shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 5th. Morgan Stanley boosted their target price on shares of Cboe Global Markets from $221.00 to $240.00 and gave the stock an “underweight” rating in a research report on Monday, December 22nd. Barclays upped their price target on shares of Cboe Global Markets from $264.00 to $273.00 and gave the company an “equal weight” rating in a research note on Monday, November 3rd. Finally, Citigroup lifted their price objective on shares of Cboe Global Markets from $260.00 to $265.00 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Cboe Global Markets presently has a consensus rating of “Hold” and a consensus target price of $246.62.

Cboe Global Markets Price Performance

Shares of NASDAQ:CBOE opened at $256.15 on Friday. Cboe Global Markets, Inc. has a twelve month low of $187.30 and a twelve month high of $262.98. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The company has a market cap of $26.80 billion, a PE ratio of 35.48, a price-to-earnings-growth ratio of 1.75 and a beta of 0.36. The company’s 50 day moving average is $250.91 and its 200 day moving average is $242.65.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings data on Friday, October 31st. The company reported $2.67 EPS for the quarter, beating the consensus estimate of $2.53 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. The business’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.22 earnings per share. On average, sell-side analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current year.

Cboe Global Markets Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were issued a $0.72 dividend. This represents a yield of 112.0%. The ex-dividend date of this dividend was Friday, November 28th. Cboe Global Markets’s dividend payout ratio is presently 30.93%.

Cboe Global Markets Profile

Cboe Global Markets (NASDAQ: CBOE) is a global market infrastructure company that operates a family of exchanges and trading venues across listed derivatives, cash equities and foreign exchange. Its product suite includes options and futures markets, multiple U.S. equities exchanges, a derivatives exchange for volatility and other products, proprietary benchmark indexes (notably the Cboe Volatility Index, or VIX), market data and analytics, and trading technology and connectivity services. Cboe also provides market-access and order-routing tools used by broker-dealers, institutional investors and professional traders.

The company traces its roots to the Chicago Board Options Exchange, which was established in 1973 to create a centralized market for listed options; over the years the business expanded through organic growth and strategic acquisitions to become a multi-asset, multi-venue operator.