Cboe Global Markets (BATS:CBOE) Trading Up 16.8% – Should You Buy?

Cboe Global Markets, Inc. (BATS:CBOE) shares rose 16.8% during mid-day trading on Monday . The company traded as high as $194.36 and last traded at $225.88. Approximately 1,780,143 shares were traded during mid-day trading, an increase of 115% from the average daily volume of 827,990 shares. The stock had previously closed at $193.37.

Cboe Global Markets Price Performance

The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The company’s 50 day simple moving average is $210.54 and its 200 day simple moving average is $206.55. The company has a market capitalization of $23.96 billion, a PE ratio of 116.43 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last issued its earnings results on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.13 by ($0.03). Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. As a group, sell-side analysts predict that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Institutional Trading of Cboe Global Markets

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Financial Counselors Inc. acquired a new position in shares of Cboe Global Markets in the 3rd quarter valued at $328,000. D.A. Davidson & CO. increased its stake in Cboe Global Markets by 18.1% in the third quarter. D.A. Davidson & CO. now owns 5,033 shares of the company’s stock valued at $1,031,000 after purchasing an additional 771 shares during the period. Glenmede Trust Co. NA raised its holdings in shares of Cboe Global Markets by 221.5% in the third quarter. Glenmede Trust Co. NA now owns 9,351 shares of the company’s stock valued at $1,916,000 after buying an additional 6,442 shares during the last quarter. Public Sector Pension Investment Board boosted its stake in shares of Cboe Global Markets by 2.2% during the third quarter. Public Sector Pension Investment Board now owns 18,197 shares of the company’s stock worth $3,728,000 after buying an additional 400 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Cboe Global Markets by 3.4% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 53,993 shares of the company’s stock worth $11,018,000 after buying an additional 1,753 shares during the period. Institutional investors and hedge funds own 81.73% of the company’s stock.

About Cboe Global Markets

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S.