Cboe Global Markets (NASDAQ:CBOE) Lowered to Sell Rating by StockNews.com

StockNews.com lowered shares of Cboe Global Markets (NASDAQ:CBOE) from a hold rating to a sell rating in a report published on Friday morning.

CBOE has been the topic of several other research reports. The Goldman Sachs Group lowered Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price on the stock. in a research note on Monday, January 6th. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $174.00 target price (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday. William Blair began coverage on Cboe Global Markets in a research note on Thursday. They issued a “market perform” rating on the stock. Barclays lowered Cboe Global Markets from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $230.00 to $220.00 in a research note on Monday, December 9th. Finally, Keefe, Bruyette & Woods lifted their target price on Cboe Global Markets from $217.00 to $220.00 and gave the company a “market perform” rating in a research note on Friday, December 20th. Three analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $197.60.

Cboe Global Markets Trading Down 0.9 %

Shares of Cboe Global Markets stock opened at $191.23 on Friday. The stock has a market capitalization of $20.02 billion, a price-to-earnings ratio of 26.05, a P/E/G ratio of 1.71 and a beta of 0.68. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39. Cboe Global Markets has a 12 month low of $166.13 and a 12 month high of $221.66. The company’s fifty day moving average price is $202.04.

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were issued a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 1.32%. The ex-dividend date of this dividend was Friday, November 29th. Cboe Global Markets’s dividend payout ratio is presently 34.33%.

Institutional Investors Weigh In On Cboe Global Markets

Several institutional investors have recently added to or reduced their stakes in the business. TD Private Client Wealth LLC lifted its holdings in shares of Cboe Global Markets by 149.0% during the third quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock worth $76,000 after purchasing an additional 222 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Cboe Global Markets during the third quarter worth about $158,000. Coastwise Capital Group LLC acquired a new stake in shares of Cboe Global Markets during the third quarter worth about $216,000. Rehmann Capital Advisory Group lifted its holdings in shares of Cboe Global Markets by 5.3% during the third quarter. Rehmann Capital Advisory Group now owns 1,253 shares of the company’s stock worth $257,000 after purchasing an additional 63 shares during the period. Finally, Coldstream Capital Management Inc. lifted its holdings in shares of Cboe Global Markets by 5.3% during the third quarter. Coldstream Capital Management Inc. now owns 1,318 shares of the company’s stock worth $269,000 after purchasing an additional 66 shares during the period. Institutional investors and hedge funds 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.