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

Cboe Global Markets (NASDAQ:CBOE) was downgraded by investment analysts at StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Thursday.

Separately, Barclays cut shares of Cboe Global Markets from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $230.00 to $220.00 in a report on Monday, December 9th.

Cboe Global Markets Stock Performance

Shares of CBOE stock opened at $191.61 on Thursday. 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 stock has a market cap of $20.06 billion, a P/E ratio of 26.10, a P/E/G ratio of 1.71 and a beta of 0.66. Cboe Global Markets has a 1-year low of $166.13 and a 1-year high of $221.66.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. TD Private Client Wealth LLC grew its position in shares of Cboe Global Markets by 149.0% in the 3rd quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock worth $76,000 after buying an additional 222 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in Cboe Global Markets in the third quarter valued at $158,000. Coastwise Capital Group LLC purchased a new position in Cboe Global Markets during the 3rd quarter valued at $216,000. Rehmann Capital Advisory Group raised its holdings in Cboe Global Markets by 5.3% in the 3rd quarter. Rehmann Capital Advisory Group now owns 1,253 shares of the company’s stock worth $257,000 after purchasing an additional 63 shares in the last quarter. Finally, Coldstream Capital Management Inc. lifted its position in shares of Cboe Global Markets by 5.3% in the 3rd 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 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.