Cboe Global Markets (NASDAQ:CBOE) Lowered to Sell Rating by The Goldman Sachs Group

The Goldman Sachs Group cut shares of Cboe Global Markets (NASDAQ:CBOE) from a neutral rating to a sell rating in a report released on Monday morning, MarketBeat reports. They currently have $184.00 target price on the stock.

CBOE has been the topic of a number of other research reports. StockNews.com upgraded Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Friday, December 27th. Barclays lowered shares of Cboe Global Markets from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $230.00 to $220.00 in a research report on Monday, December 9th. Finally, Keefe, Bruyette & Woods lifted their price target on Cboe Global Markets from $217.00 to $220.00 and gave the company a “market perform” rating in a research note on Friday, December 20th.

Cboe Global Markets Trading Down 1.8 %

Shares of CBOE opened at $191.76 on Monday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39. Cboe Global Markets has a 1 year low of $166.13 and a 1 year high of $221.66. The stock has a market capitalization of $20.07 billion, a PE ratio of 26.13, a P/E/G ratio of 1.71 and a beta of 0.68.

Cboe Global Markets Dividend Announcement

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

Hedge Funds Weigh In On Cboe Global Markets

Hedge funds have recently added to or reduced their stakes in the business. 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 last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Cboe Global Markets in the 3rd quarter valued at approximately $158,000. Coastwise Capital Group LLC acquired a new stake in Cboe Global Markets during the 3rd quarter valued at $216,000. Rehmann Capital Advisory Group increased 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 worth $257,000 after buying an additional 63 shares in the last quarter. Finally, Coldstream Capital Management Inc. raised its holdings in shares of Cboe Global Markets by 5.3% in the third quarter. Coldstream Capital Management Inc. now owns 1,318 shares of the company’s stock worth $269,000 after acquiring an additional 66 shares during the last quarter. 82.67% of the stock is currently 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.