Cboe Global Markets (NASDAQ:CBOE) Cut to Sell at StockNews.com

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

Separately, Barclays cut Cboe Global Markets from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $230.00 to $220.00 in a report on Monday, December 9th.

Cboe Global Markets Trading Down 3.1 %

Shares of NASDAQ:CBOE traded down $6.27 during trading on Thursday, hitting $193.80. 1,004,121 shares of the company were exchanged, compared to its average volume of 836,393. Cboe Global Markets has a 52-week low of $166.13 and a 52-week high of $221.66. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39. The company has a market cap of $20.29 billion, a P/E ratio of 26.40, a P/E/G ratio of 1.71 and a beta of 0.66.

Institutional Trading of Cboe Global Markets

Several institutional investors and hedge funds have recently bought and sold shares of CBOE. Rehmann Capital Advisory Group raised its holdings in shares of Cboe Global Markets by 5.3% in the 3rd quarter. Rehmann Capital Advisory Group now owns 1,253 shares of the company’s stock valued at $257,000 after acquiring an additional 63 shares in the last quarter. Coldstream Capital Management Inc. increased its position 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 purchasing an additional 66 shares during the last quarter. Sunbelt Securities Inc. raised its stake in Cboe Global Markets by 3.4% in the third quarter. Sunbelt Securities Inc. now owns 2,152 shares of the company’s stock valued at $441,000 after purchasing an additional 71 shares in the last quarter. M&T Bank Corp lifted its position in Cboe Global Markets by 6.6% during the third quarter. M&T Bank Corp now owns 3,245 shares of the company’s stock valued at $665,000 after purchasing an additional 201 shares during the last quarter. Finally, TD Private Client Wealth LLC grew its stake in Cboe Global Markets by 149.0% in the 3rd quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock worth $76,000 after buying an additional 222 shares in the last quarter. 82.67% of the stock is currently owned by hedge funds and other institutional investors.

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.