Huntington National Bank Lowers Stake in Cboe Global Markets Inc (CBOE)

Huntington National Bank lowered its holdings in Cboe Global Markets Inc (NASDAQ:CBOE) by 26.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,388 shares of the financial services provider’s stock after selling 500 shares during the period. Huntington National Bank’s holdings in Cboe Global Markets were worth $173,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. State Street Corp grew its position in Cboe Global Markets by 17.2% in the second quarter. State Street Corp now owns 4,114,972 shares of the financial services provider’s stock valued at $376,120,000 after purchasing an additional 604,328 shares in the last quarter. Artisan Partners Limited Partnership grew its position in Cboe Global Markets by 2.2% in 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 purchasing an additional 50,004 shares in the last quarter. Wells Fargo & Company MN grew its position in Cboe Global Markets by 10.4% in the third quarter. Wells Fargo & Company MN now owns 1,520,349 shares of the financial services provider’s stock valued at $163,635,000 after purchasing an additional 142,667 shares in the last quarter. Bank of New York Mellon Corp grew its position in Cboe Global Markets by 3.1% in the third quarter. Bank of New York Mellon Corp now owns 1,510,418 shares of the financial services provider’s stock valued at $162,567,000 after purchasing an additional 45,666 shares in the last quarter. Finally, American Century Companies Inc. grew its position in Cboe Global Markets by 1.2% in the third quarter. American Century Companies Inc. now owns 1,273,313 shares of the financial services provider’s stock valued at $137,047,000 after purchasing an additional 14,955 shares in the last quarter. 83.99% of the stock is owned by institutional investors and hedge funds.

Cboe Global Markets Inc (CBOE) opened at $107.11 on Friday. Cboe Global Markets Inc has a 12-month low of $76.75 and a 12-month high of $138.54. The company has a market cap of $12,610.83, a PE ratio of 58.21, a PEG ratio of 1.20 and a beta of 0.46. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.57 and a quick ratio of 1.57.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings data on Friday, February 9th. The financial services provider reported $0.87 EPS for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.01). Cboe Global Markets had a net margin of 10.55% and a return on equity of 14.70%. The firm had revenue of $265.60 million during the quarter, compared to the consensus estimate of $267.25 million. During the same period last year, the business earned $0.63 EPS. The business’s revenue was up 85.7% on a year-over-year basis. sell-side analysts expect that Cboe Global Markets Inc will post 3.43 earnings per share for the current year.

CBOE has been the subject of a number of analyst reports. BidaskClub downgraded shares of Cboe Global Markets from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, December 20th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $130.00 target price on shares of Cboe Global Markets in a research report on Friday, December 22nd. Deutsche Bank raised their target price on shares of Cboe Global Markets from $106.00 to $108.00 and gave the company a “hold” rating in a research report on Wednesday, November 8th. Zacks Investment Research downgraded shares of Cboe Global Markets from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th. Finally, Goldman Sachs Group downgraded shares of Cboe Global Markets from a “buy” rating to a “neutral” rating in a research report on Wednesday. Nine analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $114.70.

In other news, Chairman Edward T. Tilly sold 5,000 shares of Cboe Global Markets stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $126.28, for a total value of $631,400.00. Following the completion of the transaction, the chairman now owns 70,611 shares of the company’s stock, valued at approximately $8,916,757.08. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Frank E. Jr. English sold 300 shares of Cboe Global Markets stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $123.80, for a total transaction of $37,140.00. Following the completion of the transaction, the director now directly owns 4,214 shares of the company’s stock, valued at approximately $521,693.20. The disclosure for this sale can be found here. In the last three months, insiders sold 12,989 shares of company stock valued at $1,622,840. Insiders own 1.86% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Huntington National Bank Lowers Stake in Cboe Global Markets Inc (CBOE)” was originally published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of U.S. and international trademark and copyright law. The original version of this news story can be read at https://sportsperspectives.com/2018/02/10/huntington-national-bank-lowers-stake-in-cboe-global-markets-inc-cboe.html.

Cboe Global Markets Profile

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)

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.

Latest News

Leave a Reply