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

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

Several other brokerages have also recently weighed in on CBOE. Barclays lifted their price target on shares of Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a research note on Monday, February 10th. William Blair began coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They set a “market perform” rating on the stock. Bank of America lifted their price target on shares of Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a research note on Monday, February 10th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Finally, Oppenheimer dropped their price target on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat, Cboe Global Markets presently has an average rating of “Hold” and a consensus target price of $206.86.

Cboe Global Markets Trading Up 2.0 %

Shares of CBOE stock opened at $215.08 on Tuesday. Cboe Global Markets has a 12-month low of $166.13 and a 12-month high of $221.66. The company has a quick ratio of 1.39, a current ratio of 1.78 and a debt-to-equity ratio of 0.34. The stock has a 50 day moving average of $201.24. The stock has a market capitalization of $22.52 billion, a PE ratio of 29.79, a P/E/G ratio of 1.75 and a beta of 0.68.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate 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 in the previous year, the firm posted $2.06 EPS. As a group, equities analysts predict that Cboe Global Markets will post 8.96 earnings per share for the current year.

Insider Activity

In other Cboe Global Markets news, EVP Dave Howson sold 11,036 shares of Cboe Global Markets stock in a transaction on 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 directly owns 8,025 shares in the company, valued at approximately $1,653,230.25. The trade was a 57.90 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $209.67, for a total transaction of $41,934.00. Following the completion of the sale, the executive vice president now owns 1,993 shares in the company, valued at approximately $417,872.31. This represents a 9.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 11,544 shares of company stock worth $2,380,529 in the last three months. Company insiders own 0.22% of the company’s stock.

Institutional Trading of Cboe Global Markets

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in Cboe Global Markets by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 12,628,964 shares of the company’s stock valued at $2,467,700,000 after acquiring an additional 56,233 shares during the last quarter. Alliancebernstein L.P. increased its holdings in Cboe Global Markets by 208.4% in the 4th quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company’s stock valued at $1,501,745,000 after acquiring an additional 5,193,339 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its holdings in Cboe Global Markets by 3.3% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 4,015,179 shares of the company’s stock valued at $784,566,000 after acquiring an additional 126,721 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Cboe Global Markets by 1.6% in the 4th quarter. Geode Capital Management LLC now owns 2,740,937 shares of the company’s stock worth $535,994,000 after buying an additional 44,291 shares during the last quarter. Finally, FMR LLC increased its holdings in shares of Cboe Global Markets by 2.5% in the 4th quarter. FMR LLC now owns 1,571,980 shares of the company’s stock worth $307,165,000 after buying an additional 38,587 shares during the last quarter. 82.67% of the stock is currently owned by 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.