Cboe Global Markets (NASDAQ:CBOE) Cut to Sell at 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 research note published on Monday morning, Marketbeat reports. They currently have $184.00 price target on the stock.

Several other equities analysts have also weighed in on CBOE. Barclays lowered shares of Cboe Global Markets from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $230.00 to $220.00 in a research report on Monday, December 9th. StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Friday, December 27th. Finally, Keefe, Bruyette & Woods upped their price target on Cboe Global Markets from $217.00 to $220.00 and gave the company a “market perform” rating in a report on Friday, December 20th. Two research analysts have rated the stock with a sell rating and three have given a hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $199.50.

Cboe Global Markets Stock Up 1.1 %

Shares of CBOE stock opened at $192.99 on Monday. The stock has a market cap of $20.20 billion, a P/E ratio of 26.29, a PEG ratio of 1.71 and a beta of 0.68. Cboe Global Markets has a fifty-two week low of $166.13 and a fifty-two week high of $221.66. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.34.

Cboe Global Markets Dividend Announcement

The company 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. The ex-dividend date was Friday, November 29th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.31%. Cboe Global Markets’s dividend payout ratio is currently 34.33%.

Hedge Funds Weigh In On Cboe Global Markets

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CBOE. TD Private Client Wealth LLC grew its stake in Cboe Global Markets by 149.0% during the 3rd quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock valued at $76,000 after acquiring an additional 222 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Cboe Global Markets during the third quarter worth approximately $158,000. Coastwise Capital Group LLC purchased a new position in Cboe Global Markets during the third quarter valued at approximately $216,000. Rehmann Capital Advisory Group increased its stake in 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 buying an additional 63 shares during the period. Finally, Coldstream Capital Management Inc. lifted its position in Cboe Global Markets by 5.3% in the 3rd quarter. Coldstream Capital Management Inc. now owns 1,318 shares of the company’s stock worth $269,000 after buying an additional 66 shares in the last quarter. Institutional investors and hedge funds 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.