Yousif Capital Management LLC Sells 4,007 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Yousif Capital Management LLC cut its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 22.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,782 shares of the company’s stock after selling 4,007 shares during the period. Yousif Capital Management LLC’s holdings in Cboe Global Markets were worth $2,693,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in CBOE. Erste Asset Management GmbH purchased a new position in shares of Cboe Global Markets during the third quarter valued at approximately $11,191,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in Cboe Global Markets in the third quarter valued at approximately $158,000. Benjamin Edwards Inc. grew its stake in shares of Cboe Global Markets by 5,967.5% during the 3rd quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company’s stock worth $6,203,000 after acquiring an additional 29,778 shares during the period. Coastwise Capital Group LLC bought a new position in Cboe Global Markets during the third quarter worth about $216,000. Finally, Harmony Asset Management LLC bought a new position in Cboe Global Markets in the 3rd quarter worth approximately $15,175,000. 82.67% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on CBOE. StockNews.com cut Cboe Global Markets from a “hold” rating to a “sell” rating in a report on Friday, January 10th. Jefferies Financial Group decreased their target price on shares of 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. Barclays lowered their price target on shares of Cboe Global Markets from $220.00 to $212.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. Keefe, Bruyette & Woods decreased their price target on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a research note on Monday, January 13th. Finally, The Goldman Sachs Group downgraded 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. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $198.83.

Cboe Global Markets Stock Performance

NASDAQ:CBOE opened at $211.17 on Monday. The firm has a 50-day simple moving average of $199.53. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39. The company has a market cap of $22.11 billion, a price-to-earnings ratio of 28.77, a P/E/G ratio of 2.14 and a beta of 0.68. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $221.66.

Cboe Global Markets (NASDAQ:CBOE) last released its earnings results on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a return on equity of 22.33% and a net margin of 19.65%. During the same quarter in the previous year, the company posted $2.06 EPS. On average, research analysts predict that Cboe Global Markets, Inc. will post 8.64 EPS 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.