Russell Investments Group Ltd. Buys 24,074 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Russell Investments Group Ltd. increased its stake in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 13.4% in the first quarter, Holdings Channel.com reports. The institutional investor owned 203,078 shares of the company’s stock after acquiring an additional 24,074 shares during the period. Russell Investments Group Ltd.’s holdings in Cboe Global Markets were worth $45,913,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of CBOE. GAMMA Investing LLC increased its stake in shares of Cboe Global Markets by 29,094.5% during the first quarter. GAMMA Investing LLC now owns 1,216,535 shares of the company’s stock valued at $275,290,000 after purchasing an additional 1,212,368 shares in the last quarter. Nuveen LLC bought a new position in shares of Cboe Global Markets during the first quarter valued at approximately $74,789,000. Perpetual Ltd bought a new position in shares of Cboe Global Markets during the first quarter valued at approximately $66,981,000. Citigroup Inc. increased its stake in shares of Cboe Global Markets by 510.8% during the first quarter. Citigroup Inc. now owns 340,185 shares of the company’s stock valued at $76,980,000 after purchasing an additional 284,489 shares in the last quarter. Finally, First Trust Advisors LP increased its stake in shares of Cboe Global Markets by 756.0% during the fourth quarter. First Trust Advisors LP now owns 298,450 shares of the company’s stock valued at $58,317,000 after purchasing an additional 263,585 shares in the last quarter. 82.67% of the stock is owned by institutional investors.

Analyst Ratings Changes

CBOE has been the subject of a number of analyst reports. UBS Group reaffirmed a “neutral” rating and set a $255.00 target price (up previously from $245.00) on shares of Cboe Global Markets in a research note on Monday, August 4th. Keefe, Bruyette & Woods raised their price target on shares of Cboe Global Markets from $243.00 to $248.00 and gave the company a “market perform” rating in a research report on Monday, August 4th. Barclays raised their price target on shares of Cboe Global Markets from $243.00 to $256.00 and gave the company an “equal weight” rating in a research report on Monday, August 4th. Cowen reissued a “hold” rating on shares of Cboe Global Markets in a research report on Monday, May 5th. Finally, Morgan Stanley set a $218.00 price target on shares of Cboe Global Markets and gave the company an “underweight” rating in a research report on Tuesday, July 15th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $231.38.

Insider Buying and Selling at Cboe Global Markets

In other news, EVP Catherine R. Clay sold 3,598 shares of Cboe Global Markets stock in a transaction on Friday, May 23rd. The shares were sold at an average price of $226.58, for a total transaction of $815,234.84. Following the transaction, the executive vice president owned 2,183 shares in the company, valued at $494,624.14. This trade represents a 62.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.22% of the stock is owned by corporate insiders.

Cboe Global Markets Trading Down 1.2%

Shares of Cboe Global Markets stock opened at $245.43 on Thursday. The company’s fifty day simple moving average is $235.36 and its 200-day simple moving average is $222.87. The stock has a market capitalization of $25.67 billion, a PE ratio of 33.99, a P/E/G ratio of 1.75 and a beta of 0.46. Cboe Global Markets, Inc. has a 1-year low of $187.30 and a 1-year high of $255.27. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings results on Friday, August 1st. The company reported $2.46 earnings per share for the quarter, topping the consensus estimate of $2.43 by $0.03. Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. The firm’s quarterly revenue was up 14.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.15 EPS. As a group, equities analysts anticipate that Cboe Global Markets, Inc. will post 8.96 earnings per share for the current year.

Cboe Global Markets Company 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.