Baron Wealth Management LLC Cuts Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Baron Wealth Management LLC lessened its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 4.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,261 shares of the company’s stock after selling 57 shares during the period. Baron Wealth Management LLC’s holdings in Cboe Global Markets were worth $246,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Janus Henderson Group PLC boosted its holdings in Cboe Global Markets by 0.3% in the third quarter. Janus Henderson Group PLC now owns 1,528,295 shares of the company’s stock worth $313,090,000 after acquiring an additional 5,216 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its stake in Cboe Global Markets by 5.8% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 673,030 shares of the company’s stock worth $131,510,000 after acquiring an additional 36,710 shares during the last quarter. Nordea Investment Management AB raised its stake 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. Barclays PLC lifted its position in Cboe Global Markets by 27.9% during 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 period. Finally, JPMorgan Chase & Co. increased its holdings in shares of Cboe Global Markets by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock valued at $96,613,000 after purchasing an additional 24,177 shares during the period. 82.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

CBOE has been the topic of a number of recent research reports. William Blair started coverage on Cboe Global Markets in a research report on Thursday, January 9th. They issued a “market perform” rating on the stock. Barclays reduced their target price on shares of Cboe Global Markets from $220.00 to $212.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. The Goldman Sachs Group lowered shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price target on the stock. in a report on Monday, January 6th. Oppenheimer decreased their price objective on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a report on Monday, January 13th. Finally, Jefferies Financial Group lowered their price objective on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research report on Thursday, January 9th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $198.83.

Cboe Global Markets Price Performance

Shares of CBOE stock opened at $204.02 on Thursday. The stock’s 50 day simple moving average is $200.54. Cboe Global Markets, Inc. has a 1-year low of $166.13 and a 1-year high of $221.66. The firm has a market cap of $21.36 billion, a P/E ratio of 27.80, a price-to-earnings-growth ratio of 2.03 and a beta of 0.68. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34.

Cboe Global Markets Company 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.