Cboe Global Markets, Inc. (CBOE) on Focus After Trading At 52-Week Highs

January 23, 2018 - By Michael Collier

Investors sentiment decreased to 1.47 in Q3 2017. Its down 0.27, from 1.74 in 2017Q2. It dropped, as 38 investors sold Cboe Global Markets, Inc. shares while 88 reduced holdings. 50 funds opened positions while 135 raised stakes. 91.13 million shares or 2.65% more from 88.78 million shares in 2017Q2 were reported.
Kames Public Ltd invested 0.04% of its portfolio in Cboe Global Markets, Inc. (NASDAQ:CBOE). 2,102 are owned by Commerzbank Aktiengesellschaft Fi. Bp Public Ltd stated it has 0.05% of its portfolio in Cboe Global Markets, Inc. (NASDAQ:CBOE). 91,275 were reported by Public Employees Retirement System Of Ohio. British Columbia Invest Mngmt Corp reported 95,646 shares. Lombard Odier Asset (Switzerland) Sa owns 18,107 shares. Lord Abbett And Communications Ltd Liability owns 196,571 shares or 0.06% of their US portfolio. Whittier Trust owns 119 shares. 69,930 were reported by Aviva Plc. Glenmede Company Na reported 1,254 shares or 0% of all its holdings. Jaffetilchin Inv Prtn Ltd Com invested in 3,545 shares or 0.09% of the stock. Tobam, France-based fund reported 511,231 shares. Capstone Fincl Inc stated it has 6,475 shares or 0.31% of all its holdings. Moreover, Financial Counselors has 0.09% invested in Cboe Global Markets, Inc. (NASDAQ:CBOE). Schroder Inv Management Grp has invested 0.01% in Cboe Global Markets, Inc. (NASDAQ:CBOE).

Since August 14, 2017, it had 0 insider purchases, and 7 insider sales for $22.05 million activity. On Thursday, October 12 the insider REYNOLDS DAVID S sold $436,460. The insider Mitchell Christopher sold $19.53 million. The insider Stone Carole E sold $147,653. On Friday, September 1 the insider Isaacson Christopher A sold $706,282. $69,713 worth of Cboe Global Markets, Inc. (NASDAQ:CBOE) was sold by English Frank E. Jr..

The stock of Cboe Global Markets, Inc. (NASDAQ:CBOE) hit a new 52-week high and has $141.02 target or 5.00 % above today’s $134.30 share price. The 6 months bullish chart indicates low risk for the $15.24 billion company. The 1-year high was reported on Jan, 23 by Barchart.com. If the $141.02 price target is reached, the company will be worth $761.85M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock decreased 0.19% or $0.26 during the last trading session, reaching $134.3. About 98,955 shares traded. Cboe Global Markets, Inc. (NASDAQ:CBOE) has risen 34.37% since January 23, 2017 and is uptrending. It has outperformed by 17.67% the S&P500.

Analysts await Cboe Global Markets, Inc. (NASDAQ:CBOE) to report earnings on February, 5. They expect $0.86 EPS, up 36.51 % or $0.23 from last year’s $0.63 per share. CBOE’s profit will be $97.57 million for 39.04 P/E if the $0.86 EPS becomes a reality. After $0.89 actual EPS reported by Cboe Global Markets, Inc. for the previous quarter, Wall Street now forecasts -3.37 % negative EPS growth.

Cboe Global Markets, Inc. (NASDAQ:CBOE) Ratings Coverage

Among 20 analysts covering CBOE Holdings Inc (NASDAQ:CBOE), 8 have Buy rating, 2 Sell and 10 Hold. Therefore 40% are positive. CBOE Holdings Inc has $138.0 highest and $52 lowest target. $92.60’s average target is -31.05% below currents $134.3 stock price. CBOE Holdings Inc had 68 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Credit Suisse given on Friday, January 13. The rating was maintained by Deutsche Bank on Tuesday, January 26 with “Hold”. The stock of Cboe Global Markets, Inc. (NASDAQ:CBOE) has “Buy” rating given on Monday, September 7 by Zacks. JP Morgan maintained the shares of CBOE in report on Friday, September 4 with “Neutral” rating. The rating was initiated by Sterne Agee CRT with “Underperform” on Friday, May 20. RBC Capital Markets maintained the shares of CBOE in report on Monday, May 2 with “Outperform” rating. The company was maintained on Friday, October 2 by Barclays Capital. The stock has “Neutral” rating by UBS on Wednesday, January 6. The firm earned “Hold” rating on Wednesday, October 5 by Deutsche Bank. As per Friday, September 2, the company rating was maintained by Barclays Capital.

More notable recent Cboe Global Markets, Inc. (NASDAQ:CBOE) news were published by: Prnewswire.com which released: “Cboe Global Markets Announces General Counsel’s Planned Retirement and …” on January 10, 2018, also Bloomberg.com with their article: “A New Way to Carry Out Trades at Market Close Gets SEC Approval” published on January 17, 2018, Nasdaq.com published: “Cboe Global Markets vs. Nasdaq: Which Is the Safer Bet?” on January 17, 2018. More interesting news about Cboe Global Markets, Inc. (NASDAQ:CBOE) were released by: Prnewswire.com and their article: “Cboe Global Markets Reports Trading Volume for December and Full Year 2017” published on January 04, 2018 as well as Nasdaq.com‘s news article titled: “Cboe Global Markets Posts Record Volumes for 2017, Shares Up” with publication date: January 08, 2018.

Cboe Global Markets, Inc., through its subsidiaries, operates as an options exchange in the United States. The company has market cap of $15.24 billion. It offers marketplaces for trading options on various market indexes; futures on the VIX Index; options on the stocks of individual firms comprising equity options; and options on other exchange-traded products that include ETP options, such as exchange-traded funds and exchange-traded notes, as well as other index options. It has a 71.78 P/E ratio. The firm owns and operates CBOE primary options market, which offers trading in listed options through a single system that integrates electronic trading and traditional open outcry trading on its trading floor in Chicago; CFE, an all-electronic futures exchange, which provides futures on the VIX Index, as well as on other products; and C2, an all-electronic exchange that offers trading for listed options.

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