Cboe Global Markets (NASDAQ:CBOE) Stock Rating Upgraded by StockNews.com

Cboe Global Markets (NASDAQ:CBOE) was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued to investors on Thursday.

A number of other equities research analysts have also recently commented on the stock. Oppenheimer reduced their price target on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a report on Monday, January 13th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. The Goldman Sachs Group cut shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective for the company. in a report on Monday, January 6th. Bank of America lifted their price objective on shares of Cboe Global Markets from $245.00 to $251.00 and gave the company a “buy” rating in a report on Monday, February 10th. Finally, William Blair began coverage on shares of Cboe Global Markets in a report on Thursday, January 9th. They set a “market perform” rating for the company. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $206.86.

Cboe Global Markets Trading Up 1.6 %

NASDAQ:CBOE opened at $210.39 on Thursday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.78 and a quick ratio of 1.39. The firm has a market capitalization of $22.03 billion, a PE ratio of 29.14, a price-to-earnings-growth ratio of 1.69 and a beta of 0.68. The business has a fifty day moving average of $199.59. Cboe Global Markets has a 12 month low of $166.13 and a 12 month high of $221.66.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings results on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. During the same quarter last year, the firm earned $2.06 earnings per share. Equities analysts predict that Cboe Global Markets will post 8.96 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Cboe Global Markets news, EVP Dave Howson sold 11,036 shares of Cboe Global Markets stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total value of $2,273,526.36. Following the sale, the executive vice president now owns 8,025 shares of the company’s stock, valued at approximately $1,653,230.25. The trade was a 57.90 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.22% of the stock is owned by corporate insiders.

Institutional Trading of Cboe Global Markets

Hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its position in Cboe Global Markets by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock worth $96,613,000 after acquiring an additional 24,177 shares during the period. Oak Harvest Investment Services bought a new stake in Cboe Global Markets in the fourth quarter worth about $977,000. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Cboe Global Markets by 40.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 24,180 shares of the company’s stock valued at $4,750,000 after purchasing an additional 6,943 shares during the period. Brentview Investment Management LLC bought a new stake in shares of Cboe Global Markets in the fourth quarter valued at approximately $3,278,000. Finally, Triasima Portfolio Management inc. bought a new stake in shares of Cboe Global Markets in the fourth quarter valued at approximately $1,196,000. 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.