Cboe Global Markets Inc (CBOE) Stake Increased by Ontario Teachers Pension Plan Board

Ontario Teachers Pension Plan Board raised its position in shares of Cboe Global Markets Inc (NASDAQ:CBOE) by 42.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 175,155 shares of the financial services provider’s stock after buying an additional 51,837 shares during the period. Ontario Teachers Pension Plan Board owned about 0.15% of Cboe Global Markets worth $21,823,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. grew its stake in shares of Cboe Global Markets by 10.8% during the fourth quarter. BlackRock Inc. now owns 8,088,983 shares of the financial services provider’s stock valued at $1,007,804,000 after purchasing an additional 786,423 shares during the last quarter. Artisan Partners Limited Partnership grew its stake in shares of Cboe Global Markets by 2.2% during the third quarter. Artisan Partners Limited Partnership now owns 2,318,655 shares of the financial services provider’s stock valued at $249,557,000 after purchasing an additional 50,004 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of Cboe Global Markets by 5.8% during the fourth quarter. Bank of New York Mellon Corp now owns 1,597,647 shares of the financial services provider’s stock valued at $199,050,000 after purchasing an additional 87,229 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of Cboe Global Markets by 10.4% during the third quarter. Wells Fargo & Company MN now owns 1,520,349 shares of the financial services provider’s stock valued at $163,635,000 after purchasing an additional 142,667 shares during the last quarter. Finally, American Century Companies Inc. grew its stake in shares of Cboe Global Markets by 1.2% during the third quarter. American Century Companies Inc. now owns 1,273,313 shares of the financial services provider’s stock valued at $137,047,000 after purchasing an additional 14,955 shares during the last quarter. 83.31% of the stock is owned by institutional investors.

Several analysts have recently commented on the stock. BidaskClub raised shares of Cboe Global Markets from a “hold” rating to a “buy” rating in a research note on Friday, January 26th. Zacks Investment Research raised shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating and set a $147.00 price target on the stock in a research note on Tuesday, January 9th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $130.00 price target on shares of Cboe Global Markets in a research note on Friday, December 22nd. Wells Fargo & Co increased their price target on shares of Cboe Global Markets from $4.75 to $138.00 and gave the company an “outperform” rating in a research note on Friday, January 5th. Finally, Goldman Sachs Group cut shares of Cboe Global Markets from a “buy” rating to a “neutral” rating in a research note on Wednesday, February 7th. Eight research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $118.64.

In other news, Chairman Edward T. Tilly sold 5,000 shares of Cboe Global Markets stock in a transaction on Monday, December 11th. The shares were sold at an average price of $126.28, for a total transaction of $631,400.00. Following the transaction, the chairman now directly owns 70,611 shares of the company’s stock, valued at $8,916,757.08. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Frank E. Jr. English sold 300 shares of Cboe Global Markets stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $123.80, for a total transaction of $37,140.00. Following the transaction, the director now directly owns 4,214 shares in the company, valued at $521,693.20. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 12,989 shares of company stock worth $1,622,840. Insiders own 1.86% of the company’s stock.

Cboe Global Markets Inc (CBOE) opened at $111.45 on Monday. Cboe Global Markets Inc has a 52 week low of $77.33 and a 52 week high of $138.54. The stock has a market cap of $12,644.87, a P/E ratio of 31.39, a price-to-earnings-growth ratio of 1.37 and a beta of 0.46. The company has a quick ratio of 1.57, a current ratio of 1.31 and a debt-to-equity ratio of 0.40.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings data on Friday, February 9th. The financial services provider reported $0.87 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.01). Cboe Global Markets had a net margin of 17.80% and a return on equity of 12.74%. The business had revenue of $265.60 million during the quarter, compared to the consensus estimate of $267.25 million. During the same period in the previous year, the business posted $0.63 earnings per share. Cboe Global Markets’s revenue was up 85.7% compared to the same quarter last year. equities research analysts predict that Cboe Global Markets Inc will post 4.63 EPS for the current year.

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About Cboe Global Markets

Cboe Global Markets, Inc, formerly CBOE Holdings, Inc, is a holding company. The Company provides trading and investment solutions to investors around the world. It offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, United States and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index).

Institutional Ownership by Quarter for Cboe Global Markets (NASDAQ:CBOE)

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