Cidel Asset Management Inc. Sells 817 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Cidel Asset Management Inc. reduced its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 0.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 88,501 shares of the company’s stock after selling 817 shares during the quarter. Cidel Asset Management Inc.’s holdings in Cboe Global Markets were worth $17,293,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Triasima Portfolio Management inc. acquired a new stake in Cboe Global Markets in the fourth quarter worth about $1,196,000. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of Cboe Global Markets by 2.1% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 14,006 shares of the company’s stock worth $2,737,000 after buying an additional 294 shares during the period. Choreo LLC grew its position in shares of Cboe Global Markets by 4.3% during the 4th quarter. Choreo LLC now owns 5,209 shares of the company’s stock worth $1,021,000 after buying an additional 213 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Cboe Global Markets by 40.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company’s stock worth $4,750,000 after buying an additional 6,943 shares during the last quarter. Finally, E. Ohman J or Asset Management AB lifted its holdings in Cboe Global Markets by 4,157.6% in the fourth quarter. E. Ohman J or Asset Management AB now owns 155,616 shares of the company’s stock valued at $30,407,000 after buying an additional 151,961 shares during the period. Institutional investors and hedge funds own 82.67% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on CBOE. Jefferies Financial Group lowered their target price on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a report on Thursday, January 9th. Keefe, Bruyette & Woods dropped their price objective on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a report on Monday, January 13th. StockNews.com lowered Cboe Global Markets from a “hold” rating to a “sell” rating in a research note on Friday, January 10th. Barclays decreased their target price on Cboe Global Markets from $220.00 to $212.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. Finally, Oppenheimer cut their price target on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research report on Monday, January 13th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, Cboe Global Markets presently has an average rating of “Hold” and an average target price of $198.83.

Cboe Global Markets Price Performance

NASDAQ CBOE opened at $211.17 on Friday. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $221.66. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39. The firm has a market capitalization of $22.11 billion, a price-to-earnings ratio of 28.77, a P/E/G ratio of 2.10 and a beta of 0.68. The stock’s 50-day simple moving average is $199.62.

Cboe Global Markets (NASDAQ:CBOE) last announced its earnings results on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a return on equity of 22.33% and a net margin of 19.65%. During the same quarter last year, the company earned $2.06 EPS. Equities analysts anticipate that Cboe Global Markets, Inc. will post 8.64 EPS for the current year.

About Cboe Global Markets

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.