Triasima Portfolio Management inc. Takes Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Triasima Portfolio Management inc. bought a new stake in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 6,120 shares of the company's stock, valued at approximately $1,196,000.

A number of other institutional investors have also recently made changes to their positions in CBOE. Sugar Maple Asset Management LLC purchased a new position in Cboe Global Markets during the fourth quarter worth about $36,000. TD Private Client Wealth LLC raised its position in 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 during the period. Trust Co. of Vermont lifted its stake in shares of Cboe Global Markets by 2,000.0% in the 4th quarter. Trust Co. of Vermont now owns 420 shares of the company's stock valued at $82,000 after purchasing an additional 400 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Cboe Global Markets during the 3rd quarter worth $158,000. Finally, USA Financial Formulas acquired a new stake in shares of Cboe Global Markets during the 4th quarter worth about $182,000. 82.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have commented on CBOE. Keefe, Bruyette & Woods decreased their target price on shares of Cboe Global Markets from $220.00 to $215.00 and set a "market perform" rating on the stock in a research report on Monday, January 13th. Bank of America raised their price objective on shares of Cboe Global Markets from $245.00 to $251.00 and gave the company a "buy" rating in a research note on Monday. Barclays boosted their target price on Cboe Global Markets from $212.00 to $216.00 and gave the stock an "equal weight" rating in a research note on Monday. JPMorgan Chase & Co. reiterated an "underweight" rating and set a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Finally, Jefferies Financial Group decreased their price objective on shares of Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating for the company in a research report on Thursday, January 9th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Cboe Global Markets currently has a consensus rating of "Hold" and an average price target of $206.86.

Cboe Global Markets Trading Down 1.3 %

Shares of Cboe Global Markets stock traded down $2.79 during trading hours on Tuesday, hitting $206.92. 495,771 shares of the company were exchanged, compared to its average volume of 753,651. The firm has a 50-day simple moving average of $199.48. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year high of $221.66. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $21.66 billion, a PE ratio of 28.19, a price-to-earnings-growth ratio of 2.14 and a beta of 0.68.

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 return on equity of 22.33% and a net margin of 19.65%. During the same quarter last year, the firm posted $2.06 earnings per share. As a group, research analysts anticipate that Cboe Global Markets, Inc. will post 8.64 earnings per share for the current fiscal 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.