Cboe Global Markets (NASDAQ:CBOE) Price Target Cut to $215.00 by Analysts at Keefe, Bruyette & Woods

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

Several other brokerages have also commented on CBOE. Oppenheimer dropped their price target on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research note on Monday. William Blair started coverage on shares of Cboe Global Markets in a research report on Thursday, January 9th. They issued a “market perform” rating on the stock. JPMorgan Chase & Co. reissued 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, January 7th. Jefferies Financial Group dropped their price objective on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday, January 9th. Finally, The Goldman Sachs Group downgraded Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price for the company. in a report on Monday, January 6th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $198.83.

Cboe Global Markets Stock Performance

CBOE opened at $192.72 on Monday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets has a one year low of $166.13 and a one year high of $221.66. The stock has a market cap of $20.18 billion, a P/E ratio of 26.26, a P/E/G ratio of 1.71 and a beta of 0.68. The firm has a 50-day simple moving average of $201.78.

Cboe Global Markets Announces Dividend

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

Hedge Funds Weigh In On Cboe Global Markets

A number of hedge funds and other institutional investors have recently made changes to their positions in CBOE. TD Private Client Wealth LLC raised its stake in Cboe Global Markets by 149.0% during the 3rd quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock valued at $76,000 after acquiring an additional 222 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Cboe Global Markets in the third quarter valued at approximately $158,000. Coastwise Capital Group LLC purchased a new stake in shares of Cboe Global Markets during the third quarter worth approximately $216,000. Aprio Wealth Management LLC acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth $230,000. Finally, Rehmann Capital Advisory Group lifted its holdings in shares of Cboe Global Markets by 5.3% during the third quarter. Rehmann Capital Advisory Group now owns 1,253 shares of the company’s stock worth $257,000 after purchasing an additional 63 shares during the period. Hedge funds and other 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.