QUANTRES ASSET MANAGEMENT Ltd Purchases Shares of 6,600 Cboe Global Markets Inc (CBOE)

QUANTRES ASSET MANAGEMENT Ltd purchased a new position in shares of Cboe Global Markets Inc (NASDAQ:CBOE) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,600 shares of the financial services provider’s stock, valued at approximately $633,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CBOE. LPL Financial LLC raised its holdings in Cboe Global Markets by 25.8% in the 1st quarter. LPL Financial LLC now owns 2,625 shares of the financial services provider’s stock valued at $299,000 after acquiring an additional 539 shares during the last quarter. Suntrust Banks Inc. increased its holdings in shares of Cboe Global Markets by 860.0% during the 1st quarter. Suntrust Banks Inc. now owns 16,790 shares of the financial services provider’s stock worth $1,915,000 after buying an additional 15,041 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Cboe Global Markets during the 1st quarter worth $262,000. Cerebellum GP LLC acquired a new stake in shares of Cboe Global Markets during the 2nd quarter worth $178,000. Finally, Gulf International Bank UK Ltd increased its holdings in shares of Cboe Global Markets by 21.5% during the 2nd quarter. Gulf International Bank UK Ltd now owns 37,810 shares of the financial services provider’s stock worth $3,934,000 after buying an additional 6,700 shares during the last quarter. 81.98% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Cboe Global Markets stock opened at $108.91 on Tuesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.86 and a quick ratio of 0.86. Cboe Global Markets Inc has a twelve month low of $91.10 and a twelve month high of $138.54. The firm has a market cap of $11.65 billion, a P/E ratio of 31.85, a price-to-earnings-growth ratio of 1.95 and a beta of 0.52.



Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings results on Friday, August 3rd. The financial services provider reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.02. Cboe Global Markets had a net margin of 19.22% and a return on equity of 14.16%. The firm had revenue of $283.50 million during the quarter, compared to analysts’ expectations of $278.57 million. During the same period in the prior year, the company earned $0.87 EPS. The firm’s revenue was up 6.2% on a year-over-year basis. As a group, sell-side analysts expect that Cboe Global Markets Inc will post 4.54 earnings per share for the current year.

A number of analysts have recently commented on the company. BidaskClub downgraded Cboe Global Markets from a “hold” rating to a “sell” rating in a report on Thursday, August 2nd. Compass Point assumed coverage on Cboe Global Markets in a report on Monday, July 9th. They set a “buy” rating and a $115.00 price objective for the company. JPMorgan Chase & Co. upped their price objective on Cboe Global Markets from $92.00 to $105.00 and gave the stock a “hold” rating in a report on Wednesday, October 24th. Zacks Investment Research downgraded Cboe Global Markets from a “hold” rating to a “sell” rating in a report on Tuesday, July 10th. Finally, Barclays dropped their price objective on Cboe Global Markets from $110.00 to $107.00 and set an “equal weight” rating for the company in a report on Monday, July 30th. Nine research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $116.71.

In other Cboe Global Markets news, Director Frank E. Jr. English sold 1,185 shares of the company’s stock in a transaction dated Tuesday, September 11th. The shares were sold at an average price of $104.17, for a total value of $123,441.45. Following the completion of the transaction, the director now directly owns 4,137 shares of the company’s stock, valued at approximately $430,951.29. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Christopher A. Isaacson sold 8,720 shares of the company’s stock in a transaction dated Thursday, August 30th. The shares were sold at an average price of $100.03, for a total transaction of $872,261.60. Following the completion of the transaction, the vice president now directly owns 86,220 shares of the company’s stock, valued at $8,624,586.60. The disclosure for this sale can be found here. 0.89% of the stock is currently owned by corporate insiders.

About Cboe Global Markets

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange in the United States. The company operates in five segments: Options, U.S. Equities, Futures, European Equities, and Global FX. The Options segment trades in listed market indexes. The U.S. Equities segment trades in listed cash equities; and provides exchange-traded products (ETP) transaction and ETP listing services.

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

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