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 issued on Friday.

A number of other research analysts also recently issued reports on CBOE. Jefferies Financial Group decreased their price target on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a report on Thursday. Barclays downgraded 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. JPMorgan Chase & Co. restated an “underweight” rating and issued a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a research report on Tuesday. The Goldman Sachs Group cut Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective for the company. in a research report on Monday, January 6th. Finally, Keefe, Bruyette & Woods boosted their price objective on Cboe Global Markets from $217.00 to $220.00 and gave the company a “market perform” rating in a research report on Friday, December 20th. Three research analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $197.60.

Cboe Global Markets Trading Down 0.9 %

Shares of NASDAQ:CBOE opened at $191.23 on Friday. Cboe Global Markets has a 12-month low of $166.13 and a 12-month high of $221.66. The firm has a market capitalization of $20.02 billion, a P/E ratio of 26.05, a PEG ratio of 1.71 and a beta of 0.68. The firm has a 50 day moving average of $202.04. 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 Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were paid 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 currently 34.33%.

Institutional Trading of Cboe Global Markets

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Janus Henderson Group PLC increased its stake in shares of Cboe Global Markets by 0.3% in the 3rd quarter. Janus Henderson Group PLC now owns 1,528,295 shares of the company’s stock worth $313,090,000 after acquiring an additional 5,216 shares during the last quarter. Nordea Investment Management AB increased its stake in shares of Cboe Global Markets by 16.7% in the 4th quarter. Nordea Investment Management AB now owns 646,670 shares of the company’s stock worth $126,262,000 after acquiring an additional 92,537 shares during the last quarter. Barclays PLC grew its holdings in shares of Cboe Global Markets by 27.9% during the 3rd quarter. Barclays PLC now owns 535,284 shares of the company’s stock worth $109,662,000 after purchasing an additional 116,852 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Cboe Global Markets by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock worth $96,613,000 after purchasing an additional 24,177 shares during the period. Finally, Principal Financial Group Inc. grew its holdings in shares of Cboe Global Markets by 2.0% during the 3rd quarter. Principal Financial Group Inc. now owns 157,158 shares of the company’s stock worth $32,197,000 after purchasing an additional 3,155 shares during the period. 82.67% of the stock is owned by institutional investors and hedge funds.

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.