Swedbank AB Has $24.88 Million Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Swedbank AB grew its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 34.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 127,333 shares of the company’s stock after buying an additional 32,941 shares during the period. Swedbank AB’s holdings in Cboe Global Markets were worth $24,881,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in CBOE. Sugar Maple Asset Management LLC acquired a new stake in Cboe Global Markets during the 4th quarter valued at approximately $36,000. TD Private Client Wealth LLC increased its position in shares of Cboe Global Markets by 149.0% during the third quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock worth $76,000 after buying an additional 222 shares during the period. Trust Co. of Vermont raised its stake in Cboe Global Markets by 2,000.0% during the fourth quarter. Trust Co. of Vermont now owns 420 shares of the company’s stock worth $82,000 after buying an additional 400 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in Cboe Global Markets in the third quarter valued at $158,000. Finally, USA Financial Formulas bought a new stake in Cboe Global Markets during the fourth quarter valued at $182,000. 82.67% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CBOE. The Goldman Sachs Group lowered Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective for the company. in a research report on Monday, January 6th. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $174.00 price target (down from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Barclays reduced their price objective on shares of Cboe Global Markets from $220.00 to $212.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. StockNews.com downgraded shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a research report on Friday, January 10th. Finally, Jefferies Financial Group reduced their price target on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a report on Thursday, January 9th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $198.83.

Cboe Global Markets Trading Up 0.9 %

Shares of CBOE stock opened at $205.91 on Friday. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $221.66. The company has a market cap of $21.56 billion, a price-to-earnings ratio of 28.05, a PEG ratio of 2.03 and a beta of 0.68. The company’s fifty day simple moving average is $200.45. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.34.

About Cboe Global Markets

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.