Arizona State Retirement System Has $2.26 Million Position in Cboe Global Markets Inc (CBOE)

Arizona State Retirement System decreased its holdings in Cboe Global Markets Inc (NASDAQ:CBOE) by 16.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 23,054 shares of the financial services provider’s stock after selling 4,661 shares during the quarter. Arizona State Retirement System’s holdings in Cboe Global Markets were worth $2,255,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Migdal Insurance & Financial Holdings Ltd. raised 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 purchasing an additional 543 shares during the period. Meeder Asset Management Inc. acquired a new position in Cboe Global Markets in the 4th quarter worth about $178,000. Campbell & CO Investment Adviser LLC acquired a new position in Cboe Global Markets in the 3rd quarter worth about $201,000. C M Bidwell & Associates Ltd. purchased a new stake in Cboe Global Markets during the 3rd quarter worth approximately $222,000. Finally, Rampart Investment Management Company LLC increased its stake in Cboe Global Markets by 102.5% during the 3rd quarter. Rampart Investment Management Company LLC now owns 2,335 shares of the financial services provider’s stock worth $108,071,000 after buying an additional 1,182 shares in the last quarter. 81.98% of the stock is owned by institutional investors.

CBOE stock 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 posted its quarterly earnings results on Friday, February 8th. The financial services provider reported $1.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.37 by $0.17. The company had revenue of $334.40 million during the quarter, compared to analysts’ expectations of $324.49 million. Cboe Global Markets’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.

Several research firms have commented on CBOE. UBS Group cut their price objective on Cboe Global Markets from $111.00 to $107.00 and set a “neutral” rating for the company in a research note on Tuesday, January 8th. Wells Fargo & Co reiterated a “buy” rating on shares of Cboe Global Markets in a research note on Friday. Goldman Sachs Group upgraded Cboe Global Markets from a “neutral” rating to a “buy” rating and set a $120.00 price objective for the company in a research note on Friday, January 4th. JPMorgan Chase & Co. boosted their price objective on Cboe Global Markets from $92.00 to $105.00 and gave the stock a “hold” rating in a research note on Wednesday, October 24th. Finally, Citigroup set a $115.00 price objective on Cboe Global Markets and gave the stock a “hold” rating in a research note on Monday, November 5th. Seven analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. Cboe Global Markets currently has a consensus rating of “Buy” and an average target price of $114.50.

In other news, VP Christopher A. Isaacson sold 8,719 shares of the company’s stock in a transaction that occurred on Tuesday, November 27th. The stock was sold at an average price of $106.48, for a total value of $928,399.12. Following the completion of the sale, the vice president now directly owns 70,000 shares in the company, valued at $7,453,600. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.89% of the stock is owned by corporate insiders.

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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.

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

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