Smith Group Asset Management LLC Boosts Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Smith Group Asset Management LLC raised its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 10.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 125,089 shares of the company’s stock after purchasing an additional 11,786 shares during the period. Cboe Global Markets accounts for approximately 1.8% of Smith Group Asset Management LLC’s portfolio, making the stock its 26th largest holding. Smith Group Asset Management LLC’s holdings in Cboe Global Markets were worth $24,442,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Erste Asset Management GmbH bought a new position in shares of Cboe Global Markets during the 3rd quarter worth $11,191,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Cboe Global Markets during the third quarter valued at about $158,000. Benjamin Edwards Inc. boosted its position in Cboe Global Markets by 5,967.5% during the third quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company’s stock worth $6,203,000 after purchasing an additional 29,778 shares during the period. Coastwise Capital Group LLC purchased a new position in shares of Cboe Global Markets in the third quarter worth about $216,000. Finally, Harmony Asset Management LLC bought a new stake in shares of Cboe Global Markets in the third quarter valued at approximately $15,175,000. 82.67% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CBOE. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Oppenheimer cut their price target on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a report on Monday, January 13th. Jefferies Financial Group decreased their price objective on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research note on Thursday, January 9th. Barclays cut their target price 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. Finally, Keefe, Bruyette & Woods decreased their price target on 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. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $198.83.

Cboe Global Markets Stock Down 0.9 %

NASDAQ:CBOE opened at $203.63 on Wednesday. Cboe Global Markets, Inc. has a twelve month low of $166.13 and a twelve month high of $221.66. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The stock has a market cap of $21.32 billion, a PE ratio of 23.05, a P/E/G ratio of 2.03 and a beta of 0.68. The firm has a 50-day simple moving average of $200.63.

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.