Cboe Global Markets, Inc. $CBOE Position Lowered by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich reduced its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 39.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 62,429 shares of the company’s stock after selling 41,498 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich owned approximately 0.06% of Cboe Global Markets worth $15,664,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Missouri Trust & Investment Co acquired a new position in shares of Cboe Global Markets in the 2nd quarter worth approximately $26,000. Clearstead Trust LLC bought a new position in Cboe Global Markets during the first quarter worth $26,000. Ameritas Advisory Services LLC acquired a new position in Cboe Global Markets in the second quarter worth $46,000. Pandora Wealth Inc. bought a new stake in Cboe Global Markets during the first quarter valued at $45,000. Finally, Spire Wealth Management increased its stake in Cboe Global Markets by 61.5% during the second quarter. Spire Wealth Management now owns 239 shares of the company’s stock valued at $56,000 after purchasing an additional 91 shares during the last quarter. Institutional investors and hedge funds own 82.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on CBOE shares. UBS Group raised their price target on shares of Cboe Global Markets from $255.00 to $265.00 and gave the stock a “neutral” rating in a research report on Monday, November 3rd. Loop Capital set a $287.00 target price on shares of Cboe Global Markets in a report on Monday, November 3rd. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $254.00 target price on shares of Cboe Global Markets in a report on Monday, August 4th. Citigroup increased their price target on Cboe Global Markets from $260.00 to $265.00 and gave the stock a “neutral” rating in a research report on Monday, November 3rd. Finally, Piper Sandler reissued an “overweight” rating and issued a $290.00 price target on shares of Cboe Global Markets in a report on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Cboe Global Markets presently has a consensus rating of “Hold” and a consensus price target of $243.38.

Cboe Global Markets Trading Up 0.4%

Cboe Global Markets stock opened at $255.32 on Friday. The firm has a 50-day moving average price of $243.80 and a two-hundred day moving average price of $237.63. Cboe Global Markets, Inc. has a 52-week low of $187.30 and a 52-week high of $262.98. The firm has a market capitalization of $26.72 billion, a price-to-earnings ratio of 35.36, a PEG ratio of 1.75 and a beta of 0.42. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings data on Friday, October 31st. The company reported $2.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.53 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.During the same quarter in the prior year, the firm earned $2.22 earnings per share. The business’s revenue was up 13.8% on a year-over-year basis. Sell-side analysts expect that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

About Cboe Global Markets

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.