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

StockNews.com upgraded shares of Cboe Global Markets (NASDAQ:CBOE) from a sell rating to a hold rating in a research report released on Friday.

Other equities research analysts also recently issued research reports about the company. Barclays downgraded Cboe Global Markets from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $230.00 to $220.00 in a research report on Monday, December 9th. Keefe, Bruyette & Woods upped their target price on shares of 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.

Cboe Global Markets Trading Up 0.3 %

Shares of CBOE opened at $197.23 on Friday. The firm has a market capitalization of $20.65 billion, a price-to-earnings ratio of 26.87, a PEG ratio of 1.71 and a beta of 0.66. Cboe Global Markets has a 52 week low of $166.13 and a 52 week high of $221.66. 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 Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend was Friday, November 29th. Cboe Global Markets’s dividend payout ratio is presently 34.33%.

Institutional Inflows and Outflows

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

Cboe Global Markets Company Profile

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.