Entropy Technologies LP Buys 3,100 Shares of Cboe Global Markets, Inc. $CBOE

Entropy Technologies LP grew its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 61.0% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,184 shares of the company’s stock after purchasing an additional 3,100 shares during the quarter. Entropy Technologies LP’s holdings in Cboe Global Markets were worth $1,909,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Clearstead Trust LLC bought a new position in Cboe Global Markets during the 1st quarter valued at approximately $26,000. Missouri Trust & Investment Co purchased a new position in shares of Cboe Global Markets during the second quarter valued at approximately $26,000. Pandora Wealth Inc. bought a new position in shares of Cboe Global Markets during the first quarter valued at approximately $45,000. Ameritas Advisory Services LLC purchased a new stake in Cboe Global Markets in the second quarter worth $46,000. Finally, Spire Wealth Management lifted its stake in Cboe Global Markets by 61.5% in the second quarter. Spire Wealth Management now owns 239 shares of the company’s stock worth $56,000 after acquiring an additional 91 shares during the period. 82.67% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. UBS Group boosted their price objective on shares of Cboe Global Markets from $255.00 to $265.00 and gave the company a “neutral” rating in a research report on Monday, November 3rd. Zacks Research upgraded shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, November 5th. Oppenheimer set a $265.00 price objective on shares of Cboe Global Markets and gave the stock an “outperform” rating in a report on Monday, August 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Cboe Global Markets in a research report on Monday, November 3rd. Finally, Piper Sandler reissued an “overweight” rating and issued a $290.00 target price on shares of Cboe Global Markets in a research report on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $243.38.

Cboe Global Markets Stock Down 1.1%

CBOE stock opened at $252.60 on Friday. The business has a 50 day moving average of $244.17 and a 200 day moving average of $237.77. The firm has a market cap of $26.43 billion, a PE ratio of 34.99, a price-to-earnings-growth ratio of 1.75 and a beta of 0.42. Cboe Global Markets, Inc. has a twelve month low of $187.30 and a twelve month high of $262.98. 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 released its earnings results on Friday, October 31st. The company reported $2.67 EPS for the quarter, topping analysts’ consensus estimates 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 period in the previous year, the company earned $2.22 EPS. The business’s revenue was up 13.8% on a year-over-year basis. On average, research analysts forecast that Cboe Global Markets, Inc. will post 8.96 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.