Cboe Global Markets Inc (CBOE) Stake Raised by Comerica Bank

Comerica Bank grew its position in shares of Cboe Global Markets Inc (NASDAQ:CBOE) by 22.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 52,323 shares of the financial services provider’s stock after purchasing an additional 9,657 shares during the period. Comerica Bank’s holdings in Cboe Global Markets were worth $7,093,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. State of Wisconsin Investment Board grew its holdings in shares of Cboe Global Markets by 8.2% during the third quarter. State of Wisconsin Investment Board now owns 95,227 shares of the financial services provider’s stock valued at $10,249,000 after buying an additional 7,178 shares during the last quarter. AMP Capital Investors Ltd grew its holdings in shares of Cboe Global Markets by 9.2% during the third quarter. AMP Capital Investors Ltd now owns 109,430 shares of the financial services provider’s stock valued at $11,779,000 after buying an additional 9,182 shares during the last quarter. Chevy Chase Trust Holdings Inc. grew its holdings in shares of Cboe Global Markets by 24.3% during the third quarter. Chevy Chase Trust Holdings Inc. now owns 98,361 shares of the financial services provider’s stock valued at $10,587,000 after buying an additional 19,211 shares during the last quarter. Neuberger Berman Group LLC grew its holdings in shares of Cboe Global Markets by 0.6% during the third quarter. Neuberger Berman Group LLC now owns 310,803 shares of the financial services provider’s stock valued at $33,452,000 after buying an additional 1,868 shares during the last quarter. Finally, Artisan Partners Limited Partnership grew its holdings in shares of Cboe Global Markets by 2.2% during the third quarter. Artisan Partners Limited Partnership now owns 2,318,655 shares of the financial services provider’s stock valued at $249,557,000 after buying an additional 50,004 shares during the last quarter. Hedge funds and other institutional investors own 83.99% of the company’s stock.

Cboe Global Markets Inc (NASDAQ:CBOE) opened at $107.11 on Friday. The firm has a market cap of $12,610.83, a P/E ratio of 58.21, a P/E/G ratio of 1.20 and a beta of 0.46. Cboe Global Markets Inc has a 52-week low of $76.75 and a 52-week high of $138.54. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.46.

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 for the quarter, missing the Zacks’ consensus estimate of $0.88 by ($0.01). The company had revenue of $265.60 million for the quarter, compared to the consensus estimate of $267.25 million. Cboe Global Markets had a net margin of 10.55% and a return on equity of 14.70%. The firm’s revenue for the quarter was up 85.7% on a year-over-year basis. During the same quarter last year, the company earned $0.63 EPS. equities analysts expect that Cboe Global Markets Inc will post 3.43 EPS for the current year.

In related news, Chairman Edward T. Tilly sold 5,000 shares of the stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $126.28, for a total transaction of $631,400.00. Following the transaction, the chairman now owns 70,611 shares in the company, valued at $8,916,757.08. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Christopher A. Isaacson sold 7,019 shares of the stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $124.42, for a total transaction of $873,303.98. Following the transaction, the vice president now owns 90,229 shares in the company, valued at approximately $11,226,292.18. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 12,989 shares of company stock worth $1,622,840. 1.86% of the stock is owned by insiders.

CBOE has been the topic of a number of recent analyst reports. Royal Bank of Canada cut shares of Cboe Global Markets from an “outperform” rating to a “sector perform” rating and increased their price target for the company from $100.00 to $108.00 in a report on Monday, October 16th. Citigroup increased their price target on shares of Cboe Global Markets from $93.00 to $115.00 and gave the company a “neutral” rating in a report on Thursday, October 19th. Zacks Investment Research cut shares of Cboe Global Markets from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. Deutsche Bank increased their price target on shares of Cboe Global Markets from $106.00 to $108.00 and gave the company a “hold” rating in a report on Wednesday, November 8th. Finally, BidaskClub cut shares of Cboe Global Markets from a “strong-buy” rating to a “buy” rating in a report on Wednesday, December 20th. Nine equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $114.70.

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About Cboe Global Markets

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).

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).

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

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