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

Cboe Global Markets (NASDAQ:CBOE) had its price target cut by Jefferies Financial Group from $212.00 to $190.00 in a research report released on Thursday,Benzinga reports. They currently have a hold rating on the stock.

A number of other brokerages also recently issued reports on CBOE. Barclays downgraded Cboe Global Markets from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $230.00 to $220.00 in a research report on Monday, December 9th. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $174.00 target price (down from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Keefe, Bruyette & Woods upped their target price on 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. StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Friday, December 27th. Finally, The Goldman Sachs Group lowered shares of 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, January 6th. Three equities research analysts have rated the stock with a sell rating and four have given a hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $197.60.

Cboe Global Markets Stock Down 0.9 %

Shares of NASDAQ:CBOE opened at $191.23 on Thursday. The company has a market capitalization of $20.02 billion, a P/E ratio of 26.05, a price-to-earnings-growth ratio of 1.71 and a beta of 0.68. 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. The business has a 50 day simple moving average of $201.78.

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 1.32%. The ex-dividend date of this dividend was Friday, November 29th. Cboe Global Markets’s payout ratio is currently 34.33%.

Institutional Investors Weigh In On Cboe Global Markets

Hedge funds have recently modified their holdings of the company. Erste Asset Management GmbH purchased a new position in Cboe Global Markets in the 3rd quarter valued at about $11,191,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Cboe Global Markets in the 3rd quarter valued at about $158,000. Benjamin Edwards Inc. raised its holdings in Cboe Global Markets by 5,967.5% in the 3rd quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company’s stock valued at $6,203,000 after acquiring an additional 29,778 shares during the last quarter. Coastwise Capital Group LLC acquired a new stake in Cboe Global Markets in the 3rd quarter valued at about $216,000. Finally, Harmony Asset Management LLC acquired a new stake in Cboe Global Markets in the 3rd quarter valued at about $15,175,000. 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.