Cboe Global Markets (NASDAQ:CBOE) Downgraded by Barclays to Equal Weight

Barclays downgraded shares of Cboe Global Markets (NASDAQ:CBOE) from an overweight rating to an equal weight rating in a research report sent to investors on Monday morning, MarketBeat reports. The firm currently has $220.00 price target on the stock, down from their prior price target of $230.00.

Separately, StockNews.com raised shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Thursday, November 14th.

Cboe Global Markets Stock Down 1.2 %

CBOE opened at $201.60 on Monday. Cboe Global Markets has a 12-month low of $166.13 and a 12-month 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. The firm has a market capitalization of $21.10 billion, a P/E ratio of 27.47, a P/E/G ratio of 1.72 and a beta of 0.66.

Cboe Global Markets Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend is Friday, November 29th. Cboe Global Markets’s dividend payout ratio is presently 34.33%.

Institutional Trading of Cboe Global Markets

Institutional investors and hedge funds have recently modified their holdings of the business. Janus Henderson Group PLC raised its stake in Cboe Global Markets by 0.3% during the third quarter. Janus Henderson Group PLC now owns 1,528,295 shares of the company’s stock worth $313,090,000 after acquiring an additional 5,216 shares during the period. Barclays PLC raised its position in shares of Cboe Global Markets by 27.9% during the 3rd quarter. Barclays PLC now owns 535,284 shares of the company’s stock worth $109,662,000 after purchasing an additional 116,852 shares during the period. Harmony Asset Management LLC bought a new stake in shares of Cboe Global Markets in the 3rd quarter worth approximately $15,175,000. Kovitz Investment Group Partners LLC boosted its position in Cboe Global Markets by 9.5% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 72,132 shares of the company’s stock valued at $14,778,000 after purchasing an additional 6,281 shares during the period. Finally, World Investment Advisors LLC bought a new position in Cboe Global Markets during the 3rd quarter worth $14,430,000. 82.67% of the stock is owned by institutional investors and hedge funds.

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.