LS Investment Advisors LLC reduced its position in Cboe Global Markets Inc (NASDAQ:CBOE) by 12.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,735 shares of the financial services provider’s stock after selling 677 shares during the quarter. LS Investment Advisors LLC’s holdings in Cboe Global Markets were worth $463,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in CBOE. Migdal Insurance & Financial Holdings Ltd. grew its holdings in Cboe Global Markets by 83.2% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,196 shares of the financial services provider’s stock worth $115,000 after buying an additional 543 shares in the last quarter. Dupont Capital Management Corp bought a new position in Cboe Global Markets in the 4th quarter worth approximately $138,000. First Interstate Bank bought a new position in Cboe Global Markets in the 4th quarter worth approximately $139,000. Meeder Asset Management Inc. bought a new position in Cboe Global Markets in the 4th quarter worth approximately $178,000. Finally, Campbell & CO Investment Adviser LLC bought a new position in Cboe Global Markets in the 3rd quarter worth approximately $201,000. 81.98% of the stock is owned by hedge funds and other institutional investors.
In other news, VP Christopher A. Isaacson sold 8,719 shares of the stock in a transaction on Tuesday, November 27th. The stock was sold at an average price of $106.48, for a total transaction of $928,399.12. Following the completion of the sale, the vice president now owns 70,000 shares in the company, valued at approximately $7,453,600. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.89% of the stock is currently owned by corporate insiders.
A number of equities analysts recently issued reports on the company. Wells Fargo & Co reissued a “buy” rating on shares of Cboe Global Markets in a report on Friday. Zacks Investment Research raised Cboe Global Markets from a “hold” rating to a “strong-buy” rating and set a $113.00 price objective for the company in a report on Tuesday, January 8th. UBS Group cut their target price on Cboe Global Markets from $111.00 to $107.00 and set a “neutral” rating for the company in a research report on Tuesday, January 8th. Sandler O’Neill upgraded Cboe Global Markets from a “hold” rating to a “buy” rating in a research report on Monday, January 7th. Finally, Goldman Sachs Group upgraded Cboe Global Markets from a “neutral” rating to a “buy” rating and set a $120.00 target price for the company in a research report on Friday, January 4th. Seven equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. Cboe Global Markets presently has an average rating of “Buy” and an average price target of $114.50.
CBOE opened at $94.12 on Tuesday. Cboe Global Markets Inc has a 1-year low of $87.87 and a 1-year high of $124.56.
Cboe Global Markets (NASDAQ:CBOE) last released its earnings results on Friday, February 8th. The financial services provider reported $1.54 earnings per share for the quarter, topping analysts’ consensus estimates of $1.37 by $0.17. The firm had revenue of $334.40 million during the quarter, compared to analyst estimates of $324.49 million. The business’s revenue for the quarter was up 25.9% on a year-over-year basis. During the same quarter last year, the company earned $0.87 earnings per share.
Cboe Global Markets Profile
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.
Featured Article: Are all No-Load Funds Equal?
Want to see what other hedge funds are holding CBOE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cboe Global Markets Inc (NASDAQ:CBOE).
Receive News & Ratings for Cboe Global Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cboe Global Markets and related companies with MarketBeat.com's FREE daily email newsletter.