Citigroup Inc. Sells 24,159 Shares of Cboe Global Markets, Inc. $CBOE

Citigroup Inc. lessened its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 15.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 129,054 shares of the company’s stock after selling 24,159 shares during the period. Citigroup Inc. owned approximately 0.12% of Cboe Global Markets worth $31,650,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the business. Tredje AP fonden increased its holdings in shares of Cboe Global Markets by 306.5% in the 3rd quarter. Tredje AP fonden now owns 37,865 shares of the company’s stock worth $9,286,000 after buying an additional 28,550 shares during the last quarter. Stevens Capital Management LP raised its position in Cboe Global Markets by 36.9% during the third quarter. Stevens Capital Management LP now owns 3,119 shares of the company’s stock valued at $765,000 after purchasing an additional 841 shares during the period. Raiffeisen Bank International AG lifted its stake in shares of Cboe Global Markets by 5.8% in the 3rd quarter. Raiffeisen Bank International AG now owns 1,587 shares of the company’s stock valued at $391,000 after purchasing an additional 87 shares during the last quarter. Wealth Alliance LLC purchased a new position in shares of Cboe Global Markets in the 3rd quarter worth approximately $236,000. Finally, Avestar Capital LLC increased its position in shares of Cboe Global Markets by 49.3% during the 3rd quarter. Avestar Capital LLC now owns 2,770 shares of the company’s stock valued at $679,000 after purchasing an additional 915 shares during the last quarter. Institutional investors own 82.67% of the company’s stock.

Insider Activity at Cboe Global Markets

In other news, Director Alexander Matturri, Jr. sold 1,500 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $285.36, for a total transaction of $428,040.00. Following the completion of the sale, the director owned 4,761 shares in the company, valued at approximately $1,358,598.96. This represents a 23.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Allen Wilkinson sold 248 shares of the business’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $292.79, for a total value of $72,611.92. Following the transaction, the chief accounting officer owned 410 shares in the company, valued at approximately $120,043.90. This trade represents a 37.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 5,695 shares of company stock valued at $1,628,981 over the last 90 days. Insiders own 0.22% of the company’s stock.

Cboe Global Markets Trading Down 0.6%

Shares of NASDAQ:CBOE opened at $291.27 on Thursday. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $30.48 billion, a PE ratio of 40.34, a P/E/G ratio of 1.75 and a beta of 0.36. Cboe Global Markets, Inc. has a 12-month low of $200.88 and a 12-month high of $295.00. The business’s fifty day simple moving average is $267.49 and its 200-day simple moving average is $252.92.

Cboe Global Markets (NASDAQ:CBOE) last posted its earnings results on Friday, February 6th. The company reported $3.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.95 by $0.11. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.Cboe Global Markets’s revenue was up 28.0% compared to the same quarter last year. During the same period last year, the firm earned $2.10 EPS. As a group, equities research analysts predict that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current fiscal year.

Analysts Set New Price Targets

CBOE has been the subject of several recent analyst reports. Keefe, Bruyette & Woods lifted their price objective 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. UBS Group reiterated a “neutral” rating and set a $290.00 price target on shares of Cboe Global Markets in a report on Monday, February 9th. Loop Capital set a $317.00 price objective on shares of Cboe Global Markets in a research note on Monday, February 9th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Cboe Global Markets in a research report on Monday, November 3rd. Finally, Zacks Research upgraded Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Cboe Global Markets presently has a consensus rating of “Hold” and a consensus price target of $279.00.

About Cboe Global Markets

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.