Cboe Global Markets (NASDAQ:CBOE) Price Target Lowered to $212.00 at Barclays

Cboe Global Markets (NASDAQ:CBOE) had its target price decreased by Barclays from $220.00 to $212.00 in a research note published on Monday morning,Benzinga reports. Barclays currently has an equal weight rating on the stock.

Other research analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. restated an “underweight” rating and issued a $174.00 target price (down previously from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Keefe, Bruyette & Woods raised their target price on shares of Cboe Global Markets from $217.00 to $220.00 and gave the stock a “market perform” rating in a research report on Friday, December 20th. The Goldman Sachs Group downgraded Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price on the stock. in a report on Monday, January 6th. William Blair initiated coverage on Cboe Global Markets in a research note on Thursday, January 9th. They issued a “market perform” rating on the stock. Finally, StockNews.com downgraded shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a research report on Friday. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $198.83.

Cboe Global Markets Price Performance

Shares of CBOE stock opened at $192.72 on Monday. The firm’s 50-day moving average is $201.78. 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 cap of $20.18 billion, a PE ratio of 26.26, a PEG ratio of 1.71 and a beta of 0.68.

Cboe Global Markets Dividend Announcement

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CBOE. Marion Wealth Management increased its stake in shares of Cboe Global Markets by 1.8% in the 4th quarter. Marion Wealth Management now owns 11,081 shares of the company’s stock worth $2,165,000 after purchasing an additional 194 shares in the last quarter. Brookstone Capital Management purchased a new stake in shares of Cboe Global Markets in the fourth quarter worth $396,000. Aprio Wealth Management LLC purchased a new position in shares of Cboe Global Markets during the 4th quarter valued at $230,000. Czech National Bank increased its stake in Cboe Global Markets by 6.5% in the 4th quarter. Czech National Bank now owns 22,698 shares of the company’s stock worth $4,435,000 after buying an additional 1,383 shares in the last quarter. Finally, Harbor Capital Advisors Inc. lifted its position in shares of Cboe Global Markets by 5.7% in the fourth quarter. Harbor Capital Advisors Inc. now owns 3,134 shares of the company’s stock valued at $612,000 after acquiring an additional 170 shares in the last quarter. Institutional investors own 82.67% of the company’s stock.

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.