Fifth Third Bancorp Sells 1,365 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Fifth Third Bancorp reduced its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 32.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,788 shares of the company’s stock after selling 1,365 shares during the period. Fifth Third Bancorp’s holdings in Cboe Global Markets were worth $545,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Erste Asset Management GmbH bought a new stake in Cboe Global Markets in the third quarter worth about $11,191,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in Cboe Global Markets in the third quarter worth about $158,000. Benjamin Edwards Inc. raised its position in Cboe Global Markets by 5,967.5% in the third quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company’s stock worth $6,203,000 after acquiring an additional 29,778 shares during the period. Coastwise Capital Group LLC bought a new stake in shares of Cboe Global Markets in the third quarter valued at approximately $216,000. Finally, Harmony Asset Management LLC bought a new stake in shares of Cboe Global Markets in the third quarter valued at approximately $15,175,000. 82.67% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on CBOE. Oppenheimer lowered their price target on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research report on Monday, January 13th. William Blair began coverage on shares of Cboe Global Markets in a research report on Thursday, January 9th. They issued a “market perform” rating on the stock. Jefferies Financial Group lowered their price target on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research report on Thursday, January 9th. The Goldman Sachs Group lowered shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price target on the stock. in a research report on Monday, January 6th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $174.00 price objective (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, Cboe Global Markets has a consensus rating of “Hold” and an average price target of $198.83.

Cboe Global Markets Price Performance

Shares of NASDAQ:CBOE opened at $205.91 on Friday. The business has a fifty day moving average of $200.45. The company has a market cap of $21.56 billion, a price-to-earnings ratio of 28.05, a price-to-earnings-growth ratio of 2.03 and a beta of 0.68. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $221.66. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.34.

About Cboe Global Markets

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.