Wambolt & Associates LLC Has $1.71 Million Position in Cboe Global Markets, Inc. $CBOE

Wambolt & Associates LLC lowered its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 6.7% during the second quarter, HoldingsChannel.com reports. The fund owned 7,387 shares of the company’s stock after selling 527 shares during the period. Wambolt & Associates LLC’s holdings in Cboe Global Markets were worth $1,714,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Clearstead Trust LLC acquired a new stake in Cboe Global Markets during the first quarter valued at approximately $26,000. Missouri Trust & Investment Co bought a new position in shares of Cboe Global Markets during the 2nd quarter worth approximately $26,000. Pandora Wealth Inc. bought a new position in shares of Cboe Global Markets during the 1st quarter worth approximately $45,000. Ameritas Advisory Services LLC acquired a new stake in Cboe Global Markets in the 2nd quarter valued at $46,000. Finally, Spire Wealth Management grew its position in Cboe Global Markets by 61.5% in the second quarter. Spire Wealth Management now owns 239 shares of the company’s stock valued at $56,000 after acquiring an additional 91 shares during the period. Institutional investors and hedge funds own 82.67% of the company’s stock.

Analyst Upgrades and Downgrades

CBOE has been the subject of a number of analyst reports. Keefe, Bruyette & Woods lifted their price objective on Cboe Global Markets from $257.00 to $269.00 and gave the company a “market perform” rating in a report on Monday, November 3rd. Oppenheimer set a $265.00 target price on shares of Cboe Global Markets and gave the stock an “outperform” rating in a research report on Monday, August 4th. Loop Capital set a $287.00 price target on shares of Cboe Global Markets in a report on Monday, November 3rd. Barclays boosted 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 report on Monday, November 3rd. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $254.00 price objective on shares of Cboe Global Markets in a report on Monday, August 4th. 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 stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $243.38.

Cboe Global Markets Stock Up 1.1%

Shares of NASDAQ:CBOE opened at $257.32 on Wednesday. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The firm has a market cap of $26.93 billion, a P/E ratio of 35.64, a P/E/G ratio of 1.75 and a beta of 0.42. Cboe Global Markets, Inc. has a 12 month low of $187.30 and a 12 month high of $262.98. The company’s 50-day moving average price is $245.03 and its two-hundred day moving average price is $238.19.

Cboe Global Markets (NASDAQ:CBOE) last announced its earnings results on Friday, October 31st. The company reported $2.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.53 by $0.14. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same quarter last year, the business earned $2.22 EPS. Cboe Global Markets’s revenue for the quarter was up 13.8% compared to the same quarter last year. As a group, research analysts forecast that Cboe Global Markets, Inc. will post 8.96 EPS for the current fiscal year.

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.