Keefe, Bruyette & Woods Cuts Cboe Global Markets (NASDAQ:CBOE) Price Target to $215.00

Cboe Global Markets (NASDAQ:CBOE) had its price objective reduced by Keefe, Bruyette & Woods from $220.00 to $215.00 in a research note issued to investors on Monday morning,Benzinga reports. Keefe, Bruyette & Woods currently has a market perform rating on the stock.

Several other equities analysts also recently weighed in on CBOE. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $174.00 target price (down from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. William Blair started coverage on shares of Cboe Global Markets in a research report on Thursday, January 9th. They set a “market perform” rating for the company. Barclays cut their price target on Cboe Global Markets from $220.00 to $212.00 and set an “equal weight” rating for the company in a report on Monday. StockNews.com cut shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a research note on Friday, January 10th. Finally, Oppenheimer cut their target price on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research report on Monday. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $198.83.

Cboe Global Markets Stock Performance

CBOE opened at $191.99 on Monday. The company has a market cap of $20.10 billion, a PE ratio of 26.16, a P/E/G ratio of 1.71 and a beta of 0.68. The company’s 50-day moving average is $201.18. Cboe Global Markets has a 52-week low of $166.13 and a 52-week 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 firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were issued a $0.63 dividend. This represents a $2.52 annualized dividend 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 Trading of Cboe Global Markets

A number of hedge funds have recently added to or reduced their stakes in the company. TD Private Client Wealth LLC grew its position in shares of Cboe Global Markets by 149.0% in the third quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock valued at $76,000 after purchasing an additional 222 shares during the period. Trust Co. of Vermont grew its position in shares of Cboe Global Markets by 2,000.0% in the fourth quarter. Trust Co. of Vermont now owns 420 shares of the company’s stock valued at $82,000 after purchasing an additional 400 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Cboe Global Markets in the 3rd quarter worth $158,000. USA Financial Formulas acquired a new stake in Cboe Global Markets during the fourth quarter worth about $182,000. Finally, Coastwise Capital Group LLC acquired a new stake in shares of Cboe Global Markets during the 3rd quarter worth approximately $216,000. 82.67% of the stock is owned by hedge funds and other 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.