Cboe Global Markets (NASDAQ:CBOE) Price Target Lowered to $190.00 at Jefferies Financial Group

Cboe Global Markets (NASDAQ:CBOE) had its price objective trimmed by Jefferies Financial Group from $212.00 to $190.00 in a report issued on Thursday morning,Benzinga reports. The firm currently has a hold rating on the stock.

A number of other research firms have also weighed in on CBOE. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $174.00 price target (down from $203.00) on shares of Cboe Global Markets in a research report on Tuesday. Keefe, Bruyette & Woods increased their price target on Cboe Global Markets from $217.00 to $220.00 and gave the stock a “market perform” rating in a research note on Friday, December 20th. The Goldman Sachs Group cut Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price target on the stock. in a report on Monday. StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Friday, December 27th. Finally, Barclays cut Cboe Global Markets from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $230.00 to $220.00 in a report on Monday, December 9th. Two analysts have rated the stock with a sell rating and five have assigned a hold rating to the stock. Based on data from MarketBeat, Cboe Global Markets presently has an average rating of “Hold” and a consensus target price of $197.60.

Cboe Global Markets Trading Up 1.1 %

Shares of NASDAQ:CBOE opened at $192.99 on Thursday. The company has a market cap of $20.20 billion, a P/E ratio of 26.29, a P/E/G ratio of 1.71 and a beta of 0.68. Cboe Global Markets has a 12-month low of $166.13 and a 12-month high of $221.66. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.34.

Cboe Global Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date of this dividend was Friday, November 29th. Cboe Global Markets’s payout ratio is 34.33%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Rehmann Capital Advisory Group lifted its position in Cboe Global Markets by 5.3% during the third quarter. Rehmann Capital Advisory Group now owns 1,253 shares of the company’s stock valued at $257,000 after purchasing an additional 63 shares during the last quarter. Coldstream Capital Management Inc. lifted its holdings 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 valued at $269,000 after acquiring an additional 66 shares during the last quarter. Sunbelt Securities Inc. grew its position in Cboe Global Markets by 3.4% in the third quarter. Sunbelt Securities Inc. now owns 2,152 shares of the company’s stock worth $441,000 after acquiring an additional 71 shares in the last quarter. Fortem Financial Group LLC increased its stake in Cboe Global Markets by 1.6% during the fourth quarter. Fortem Financial Group LLC now owns 6,119 shares of the company’s stock worth $1,196,000 after acquiring an additional 99 shares during the last quarter. Finally, M&T Bank Corp raised its position in Cboe Global Markets by 6.6% during the third quarter. M&T Bank Corp now owns 3,245 shares of the company’s stock valued at $665,000 after purchasing an additional 201 shares during the period. 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.