Cambiar Investors LLC Sells 6,159 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Cambiar Investors LLC lessened its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 10.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 54,179 shares of the company’s stock after selling 6,159 shares during the period. Cambiar Investors LLC owned 0.05% of Cboe Global Markets worth $10,587,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in CBOE. E. Ohman J or Asset Management AB grew its holdings in Cboe Global Markets by 4,157.6% in the 4th quarter. E. Ohman J or Asset Management AB now owns 155,616 shares of the company’s stock worth $30,407,000 after acquiring an additional 151,961 shares during the last quarter. abrdn plc grew its holdings in Cboe Global Markets by 341.2% in the 4th quarter. abrdn plc now owns 190,017 shares of the company’s stock worth $37,145,000 after acquiring an additional 146,945 shares during the last quarter. Barclays PLC grew its holdings in Cboe Global Markets by 27.9% in the 3rd quarter. Barclays PLC now owns 535,284 shares of the company’s stock worth $109,662,000 after acquiring an additional 116,852 shares during the last quarter. Nordea Investment Management AB grew its holdings in Cboe Global Markets by 16.7% in the 4th quarter. Nordea Investment Management AB now owns 646,670 shares of the company’s stock worth $126,262,000 after acquiring an additional 92,537 shares during the last quarter. Finally, Harmony Asset Management LLC bought a new stake in Cboe Global Markets in the 3rd quarter worth $15,175,000. Institutional investors own 82.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on CBOE shares. Oppenheimer cut their price target on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a report on Monday, January 13th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $174.00 target price (down from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Keefe, Bruyette & Woods dropped their target price on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a research report on Monday, January 13th. Barclays raised their target price on shares of Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a research report on Monday. Finally, The Goldman Sachs Group cut shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price for the company. in a research report on Monday, January 6th. Three analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $206.86.

Cboe Global Markets Price Performance

Shares of NASDAQ CBOE opened at $209.71 on Tuesday. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year high of $221.66. The stock has a market cap of $21.95 billion, a PE ratio of 28.57, a P/E/G ratio of 2.14 and a beta of 0.68. The company’s 50-day simple moving average is $199.48. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a net margin of 19.65% and a return on equity of 22.33%. During the same quarter in the previous year, the firm earned $2.06 EPS. Research analysts expect that Cboe Global Markets, Inc. will post 8.64 earnings per share for the current fiscal year.

Cboe Global Markets Profile

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.