StockNews.com Upgrades Cboe Global Markets (NASDAQ:CBOE) to Hold

Cboe Global Markets (NASDAQ:CBOE) was upgraded by StockNews.com from a “sell” rating to a “hold” rating in a research report issued on Friday.

Other equities analysts also recently issued research reports about the stock. Keefe, Bruyette & Woods lifted their price objective on shares of Cboe Global Markets from $217.00 to $220.00 and gave the stock a “market perform” rating in a report on Friday, December 20th. Barclays lowered shares of Cboe Global Markets from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $230.00 to $220.00 in a report on Monday, December 9th.

Cboe Global Markets Stock Performance

Shares of Cboe Global Markets stock opened at $197.23 on Friday. Cboe Global Markets has a 1 year low of $166.13 and a 1 year high of $221.66. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39. The company has a market cap of $20.65 billion, a P/E ratio of 26.87, a P/E/G ratio of 1.71 and a beta of 0.66.

Hedge Funds Weigh In On Cboe Global Markets

Several institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in Cboe Global Markets by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock valued at $96,613,000 after purchasing an additional 24,177 shares during the period. Principal Financial Group Inc. raised its holdings in shares of Cboe Global Markets by 2.0% during the third quarter. Principal Financial Group Inc. now owns 157,158 shares of the company’s stock valued at $32,197,000 after buying an additional 3,155 shares during the last quarter. Oddo BHF Asset Management Sas acquired a new position in shares of Cboe Global Markets during the third quarter worth approximately $7,647,000. Tri Ri Asset Management Corp bought a new position in Cboe Global Markets in the 3rd quarter worth approximately $5,499,000. Finally, World Investment Advisors LLC bought a new position in Cboe Global Markets in the 3rd quarter worth approximately $14,430,000. Institutional investors own 82.67% of the company’s stock.

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.