Victory Capital Management Inc. Has $42.82 Million Position in Cboe Global Markets Inc (NASDAQ:CBOE)

Victory Capital Management Inc. cut its stake in Cboe Global Markets Inc (NASDAQ:CBOE) by 36.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 343,647 shares of the financial services provider’s stock after selling 201,001 shares during the period. Victory Capital Management Inc. owned 0.30% of Cboe Global Markets worth $42,815,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. State Street Corp boosted its stake in Cboe Global Markets by 17.2% during the second quarter. State Street Corp now owns 4,114,972 shares of the financial services provider’s stock valued at $376,120,000 after buying an additional 604,328 shares in the last quarter. Janus Henderson Group PLC boosted its position in shares of Cboe Global Markets by 2,990.9% in the 2nd quarter. Janus Henderson Group PLC now owns 479,890 shares of the financial services provider’s stock valued at $43,862,000 after purchasing an additional 464,364 shares during the period. Legal & General Group Plc boosted its position in shares of Cboe Global Markets by 304.7% in the 3rd quarter. Legal & General Group Plc now owns 490,274 shares of the financial services provider’s stock valued at $52,768,000 after purchasing an additional 369,123 shares during the period. LVW Advisors LLC acquired a new position in shares of Cboe Global Markets in the 3rd quarter valued at $16,945,000. Finally, Wells Fargo & Company MN boosted its position in shares of Cboe Global Markets by 10.4% in the 3rd quarter. Wells Fargo & Company MN now owns 1,520,349 shares of the financial services provider’s stock valued at $163,635,000 after purchasing an additional 142,667 shares during the period. 83.54% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Cboe Global Markets Inc (CBOE) traded up $2.78 during mid-day trading on Thursday, reaching $115.00. The company had a trading volume of 2,331,800 shares, compared to its average volume of 1,617,392. The company has a current ratio of 1.31, a quick ratio of 1.57 and a debt-to-equity ratio of 0.40. The firm has a market cap of $12,732.23, a price-to-earnings ratio of 32.81, a price-to-earnings-growth ratio of 1.38 and a beta of 0.46. Cboe Global Markets Inc has a twelve month low of $77.33 and a twelve month high of $138.54.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings data on Friday, February 9th. The financial services provider reported $0.87 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.88 by ($0.01). The business had revenue of $265.60 million during the quarter, compared to the consensus estimate of $267.25 million. Cboe Global Markets had a net margin of 17.80% and a return on equity of 12.74%. The company’s revenue for the quarter was up 85.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.63 EPS. research analysts anticipate that Cboe Global Markets Inc will post 4.63 EPS for the current year.

A number of equities analysts recently weighed in on the company. JPMorgan Chase & Co. decreased their price target on Cboe Global Markets from $110.00 to $108.00 and set a “hold” rating for the company in a research report on Tuesday. UBS Group reaffirmed a “buy” rating and set a $120.00 price target (down from $136.00) on shares of Cboe Global Markets in a research note on Tuesday. Deutsche Bank raised Cboe Global Markets from a “hold” rating to a “buy” rating and raised their price target for the stock from $120.00 to $127.00 in a research note on Tuesday. Barclays cut their price target on Cboe Global Markets from $127.00 to $110.00 and set an “equal weight” rating for the company in a research note on Monday. Finally, Bank of America cut their price target on Cboe Global Markets from $139.00 to $123.00 and set a “buy” rating for the company in a research note on Monday. Eight investment analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $118.64.

In other Cboe Global Markets news, Chairman Edward T. Tilly sold 5,000 shares of the business’s stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $126.28, for a total value of $631,400.00. Following the completion of the transaction, the chairman now directly owns 70,611 shares of the company’s stock, valued at $8,916,757.08. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Christopher A. Isaacson sold 7,019 shares of the company’s stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $124.42, for a total value of $873,303.98. Following the transaction, the vice president now directly owns 90,229 shares of the company’s stock, valued at $11,226,292.18. The disclosure for this sale can be found here. Insiders sold 12,989 shares of company stock valued at $1,622,840 in the last quarter. 1.86% of the stock is currently owned by corporate insiders.

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Cboe Global Markets Profile

Cboe Global Markets, Inc, formerly CBOE Holdings, Inc, is a holding company. The Company provides trading and investment solutions to investors around the world. It offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, United States and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index).

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

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