Oak Harvest Investment Services Acquires New Stake in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Oak Harvest Investment Services bought a new position in Cboe Global Markets, Inc. (NASDAQ:CBOE) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,000 shares of the company’s stock, valued at approximately $977,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its position in Cboe Global Markets by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock valued at $96,613,000 after purchasing an additional 24,177 shares during the last quarter. Covea Finance lifted its stake in shares of Cboe Global Markets by 283.2% in the fourth quarter. Covea Finance now owns 43,300 shares of the company’s stock worth $8,461,000 after buying an additional 32,000 shares in the last quarter. Mad River Investors grew its holdings in shares of Cboe Global Markets by 2.1% during the fourth quarter. Mad River Investors now owns 6,205 shares of the company’s stock valued at $1,212,000 after buying an additional 125 shares during the last quarter. Nordea Investment Management AB raised its holdings in Cboe Global Markets by 16.7% in the 4th quarter. Nordea Investment Management AB now owns 646,670 shares of the company’s stock worth $126,262,000 after acquiring an additional 92,537 shares during the last quarter. Finally, Brookstone Capital Management bought a new position in Cboe Global Markets in the 4th quarter valued at approximately $396,000. 82.67% of the stock is currently owned by institutional investors.

Cboe Global Markets Stock Performance

Shares of CBOE stock opened at $205.91 on Friday. 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 business has a fifty day simple moving average of $200.45. The stock has a market cap of $21.56 billion, a price-to-earnings ratio of 23.78, a PEG ratio of 2.10 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.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Barclays decreased their price target on Cboe Global Markets from $220.00 to $212.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. Oppenheimer decreased their target price on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a research note on Monday, January 13th. Keefe, Bruyette & Woods lowered their target price on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a report on Monday, January 13th. JPMorgan Chase & Co. restated an “underweight” rating and set a $174.00 target price (down from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Finally, StockNews.com downgraded Cboe Global Markets from a “hold” rating to a “sell” rating in a research report on Friday, January 10th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, Cboe Global Markets has an average rating of “Hold” and an average price target of $198.83.

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.