Cboe Global Markets (NASDAQ:CBOE) Stock Price Expected to Rise, Keefe, Bruyette & Woods Analyst Says

Cboe Global Markets (NASDAQ:CBOE) had its price target upped by Keefe, Bruyette & Woods from $217.00 to $220.00 in a research note released on Friday,Benzinga reports. Keefe, Bruyette & Woods currently has a market perform rating on the stock.

A number of other equities research analysts also recently issued reports on CBOE. StockNews.com downgraded Cboe Global Markets from a “hold” rating to a “sell” rating in a research report on Thursday. Barclays cut Cboe Global Markets from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $230.00 to $220.00 in a report on Monday, December 9th.

Cboe Global Markets Price Performance

Shares of NASDAQ CBOE opened at $191.61 on Friday. The firm has a market cap of $20.06 billion, a PE ratio of 26.10, a P/E/G ratio of 1.71 and a beta of 0.66. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39. Cboe Global Markets has a 52-week low of $166.13 and a 52-week high of $221.66.

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were given a dividend of $0.63 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $2.52 dividend on an annualized basis and a yield of 1.32%. Cboe Global Markets’s dividend payout ratio (DPR) is 34.33%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CBOE. Barclays PLC boosted its position in shares of Cboe Global Markets by 27.9% in the third quarter. Barclays PLC now owns 535,284 shares of the company’s stock worth $109,662,000 after buying an additional 116,852 shares during the period. Harmony Asset Management LLC acquired a new position in Cboe Global Markets during the 3rd quarter worth approximately $15,175,000. World Investment Advisors LLC purchased a new position in Cboe Global Markets in the 3rd quarter worth approximately $14,430,000. Erste Asset Management GmbH acquired a new stake in Cboe Global Markets in the third quarter valued at approximately $11,191,000. Finally, O Brien Greene & Co. Inc purchased a new stake in shares of Cboe Global Markets during the third quarter valued at approximately $8,187,000. 82.67% of the stock is owned by hedge funds and other institutional investors.

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.