Institutional Investors Are Selling Cboe Holdings Inc (NASDAQ:CBOE) – BZ Weekly

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April 28, 2018 – By Winifred Garcia

Sentiment for Cboe Holdings Inc (NASDAQ:CBOE)

Cboe Holdings Inc (NASDAQ:CBOE) institutional sentiment decreased to 1.22 in 2017 Q4. Its down -0.25, from 1.47 in 2017Q3. The ratio dived, as 187 funds increased and opened new stock positions, while 153 decreased and sold holdings in Cboe Holdings Inc. The funds in our partner’s database now possess: 88.88 million shares, down from 91.13 million shares in 2017Q3. Also, the number of funds holding Cboe Holdings Inc in their top 10 stock positions was flat from 7 to 7 for the same number . Sold All: 35 Reduced: 118 Increased: 118 New Position: 69.

CBOE Holdings, Inc., through its subsidiaries, operates as an options exchange in the United States. The company has market cap of $11.96 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 28.78 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.

The stock decreased 0.64% or $0.68 during the last trading session, reaching $106.19. About 742,878 shares traded. Cboe Global Markets, Inc. (NASDAQ:CBOE) has risen 41.53% since April 28, 2017 and is uptrending. It has outperformed by 29.98% the S&P500.

Analysts await Cboe Global Markets, Inc. (NASDAQ:CBOE) to report earnings on May, 4 before the open. They expect $1.27 earnings per share, up 62.82 % or $0.49 from last year’s $0.78 per share. CBOE’s profit will be $143.09M for 20.90 P/E if the $1.27 EPS becomes a reality. After $0.87 actual earnings per share reported by Cboe Global Markets, Inc. for the previous quarter, Wall Street now forecasts 45.98 % EPS growth.

Lvw Advisors Llc holds 5.73% of its portfolio in Cboe Global Markets, Inc. for 157,433 shares. Marvin & Palmer Associates Inc owns 29,360 shares or 3.79% of their US portfolio. Moreover, Outfitter Advisors Ltd. has 3.09% invested in the company for 73,935 shares. The Quebec – Canada-based Van Berkom & Associates Inc. has invested 2.83% in the stock. Tobam, a France-based fund reported 442,134 shares.

Since January 1, 0001, it had 0 buys, and 1 sale for $631,400 activity.

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

Ratings analysis reveals 23% of Cboe Global Markets’s analysts are positive. Out of 13 Wall Street analysts rating Cboe Global Markets, 3 give it “Buy”, 2 “Sell” rating, while 8 recommend “Hold”. The lowest target is $108 while the high is $138.0. The stock’s average target of $117.33 is 10.49% above today’s ($106.19) share price. CBOE was included in 23 notes of analysts from November 8, 2017. Barclays Capital maintained the stock with “Equal-Weight” rating in Monday, February 12 report. The stock has “Hold” rating by Goldman Sachs on Wednesday, February 7. On Monday, February 12 the stock rating was maintained by Deutsche Bank with “Hold”. The firm has “Neutral” rating by JP Morgan given on Wednesday, February 7. JP Morgan downgraded the stock to “Underweight” rating in Wednesday, March 21 report. The firm has “Hold” rating given on Wednesday, November 8 by Deutsche Bank. JP Morgan maintained Cboe Global Markets, Inc. (NASDAQ:CBOE) on Tuesday, February 13 with “Neutral” rating. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, December 21 report. As per Monday, February 12, the company rating was maintained by Sandler O’Neill. The firm has “Sell” rating given on Wednesday, March 21 by J.P. Morgan.

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