Cboe Global Markets, Inc. (NASDAQ:CBOE) Shares Purchased by abrdn plc

abrdn plc boosted its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 341.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 190,017 shares of the company's stock after purchasing an additional 146,945 shares during the period. abrdn plc owned approximately 0.18% of Cboe Global Markets worth $37,145,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Sugar Maple Asset Management LLC purchased a new stake in Cboe Global Markets in the 4th quarter valued at about $36,000. TD Private Client Wealth LLC grew its holdings in shares of Cboe Global Markets by 149.0% in the third quarter. TD Private Client Wealth LLC now owns 371 shares of the company's stock valued at $76,000 after purchasing an additional 222 shares in the last quarter. Trust Co. of Vermont increased its holdings in Cboe Global Markets by 2,000.0% during the 4th quarter. Trust Co. of Vermont now owns 420 shares of the company's stock worth $82,000 after purchasing an additional 400 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Cboe Global Markets in the third quarter valued at approximately $158,000. Finally, USA Financial Formulas acquired a new stake in shares of Cboe Global Markets in the 4th quarter valued at $182,000. 82.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. The Goldman Sachs Group downgraded shares of Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 price objective for the company. in a research report on Monday, January 6th. Oppenheimer cut their price objective on shares of Cboe Global Markets from $232.00 to $218.00 and set an "outperform" rating for the company in a research report on Monday, January 13th. Barclays dropped their target price on Cboe Global Markets from $220.00 to $212.00 and set an "equal weight" rating on the stock in a research report on Monday, January 13th. William Blair began coverage on Cboe Global Markets in a report on Thursday, January 9th. They issued a "market perform" rating for the company. Finally, Keefe, Bruyette & Woods cut their price target on shares of 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. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $198.83.

Cboe Global Markets Trading Up 2.0 %

Shares of NASDAQ CBOE traded up $4.17 during midday trading on Friday, reaching $211.17. 922,838 shares of the stock were exchanged, compared to its average volume of 735,564. The stock's 50 day simple moving average is $199.53. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39. The stock has a market capitalization of $22.11 billion, a P/E ratio of 28.77, a P/E/G ratio of 2.14 and a beta of 0.68. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $221.66.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released 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 net margin of 19.65% and a return on equity of 22.33%. During the same period last year, the business earned $2.06 earnings per share. On average, analysts forecast that Cboe Global Markets, Inc. will post 8.64 earnings per share for the current year.

Cboe Global Markets 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.