E. Ohman J or Asset Management AB Sells 50,510 Shares of Cboe Global Markets, Inc. $CBOE

E. Ohman J or Asset Management AB trimmed its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 27.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 135,794 shares of the company’s stock after selling 50,510 shares during the quarter. E. Ohman J or Asset Management AB owned approximately 0.13% of Cboe Global Markets worth $33,303,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of CBOE. Missouri Trust & Investment Co purchased a new stake in Cboe Global Markets in the second quarter worth $26,000. Headlands Technologies LLC bought a new position in shares of Cboe Global Markets in the second quarter worth about $31,000. Twin Peaks Wealth Advisors LLC purchased a new position in Cboe Global Markets in the 2nd quarter worth about $33,000. Dakota Community Bank & Trust NA purchased a new position in Cboe Global Markets in the 3rd quarter worth about $42,000. Finally, Ameritas Advisory Services LLC bought a new stake in Cboe Global Markets during the 2nd quarter valued at about $46,000. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Analysts Set New Price Targets

CBOE has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods upped their target price on shares of Cboe Global Markets from $257.00 to $269.00 and gave the stock a “market perform” rating in a research note on Monday, November 3rd. Barclays boosted their price target on Cboe Global Markets from $264.00 to $273.00 and gave the company an “equal weight” rating in a report on Monday, November 3rd. UBS Group raised their price objective on Cboe Global Markets from $255.00 to $265.00 and gave the stock a “neutral” rating in a report on Monday, November 3rd. Zacks Research upgraded Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a report on Wednesday, November 5th. Finally, Loop Capital set a $310.00 price target on Cboe Global Markets in a research report on Wednesday, December 10th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, Cboe Global Markets currently has an average rating of “Hold” and a consensus price target of $246.62.

Cboe Global Markets Stock Performance

Shares of NASDAQ:CBOE opened at $256.15 on Friday. The firm has a 50 day moving average of $250.91 and a 200 day moving average of $242.65. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $26.80 billion, a price-to-earnings ratio of 35.48, a price-to-earnings-growth ratio of 1.75 and a beta of 0.36. Cboe Global Markets, Inc. has a 52 week low of $187.30 and a 52 week high of $262.98.

Cboe Global Markets (NASDAQ:CBOE) last announced its earnings results on Friday, October 31st. The company reported $2.67 earnings per share (EPS) for the quarter, beating 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 previous year, the firm posted $2.22 EPS. Cboe Global Markets’s revenue was up 13.8% compared to the same quarter last year. On average, sell-side analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were paid a $0.72 dividend. This represents a yield of 112.0%. The ex-dividend date was Friday, November 28th. Cboe Global Markets’s payout ratio is 30.93%.

Cboe Global Markets Profile

Cboe Global Markets (NASDAQ: CBOE) is a global market infrastructure company that operates a family of exchanges and trading venues across listed derivatives, cash equities and foreign exchange. Its product suite includes options and futures markets, multiple U.S. equities exchanges, a derivatives exchange for volatility and other products, proprietary benchmark indexes (notably the Cboe Volatility Index, or VIX), market data and analytics, and trading technology and connectivity services. Cboe also provides market-access and order-routing tools used by broker-dealers, institutional investors and professional traders.

The company traces its roots to the Chicago Board Options Exchange, which was established in 1973 to create a centralized market for listed options; over the years the business expanded through organic growth and strategic acquisitions to become a multi-asset, multi-venue operator.