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

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

Several other equities research analysts have also recently commented 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 report on Monday, February 10th. The Goldman Sachs Group cut shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price target for the company. in a research report on Monday, January 6th. Jefferies Financial Group lowered their price target on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a research report on Thursday, January 9th. 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 report on Monday, February 10th. Finally, Keefe, Bruyette & Woods lowered their price target on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a research report on Monday, January 13th. Two investment analysts have rated the stock with a sell rating, five have given 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 0.6 %

Shares of NASDAQ CBOE opened at $212.62 on Tuesday. Cboe Global Markets has a 1-year low of $166.13 and a 1-year high of $221.66. The company has a market capitalization of $22.26 billion, a P/E ratio of 29.45, a PEG ratio of 1.75 and a beta of 0.67. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The business has a 50-day moving average of $202.02.

Cboe Global Markets (NASDAQ:CBOE) last announced its earnings results on Friday, February 7th. The company reported $2.10 earnings per share 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 in the prior year, the company earned $2.06 earnings per share. As a group, equities research analysts forecast that Cboe Global Markets will post 8.96 earnings per share for the current year.

Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, EVP Adam Inzirillo sold 200 shares of Cboe Global Markets stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $209.67, for a total value of $41,934.00. Following the transaction, the executive vice president now owns 1,993 shares of the company’s stock, valued at approximately $417,872.31. The trade was a 9.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Allen Wilkinson sold 228 shares of Cboe Global Markets stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $211.12, for a total transaction of $48,135.36. Following the completion of the transaction, the chief accounting officer now directly owns 248 shares in the company, valued at approximately $52,357.76. The trade was a 47.90 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 11,544 shares of company stock worth $2,380,529. 0.22% of the stock is currently owned by company insiders.

Institutional Trading of Cboe Global Markets

A number of institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in shares of Cboe Global Markets by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 12,628,964 shares of the company’s stock worth $2,467,700,000 after purchasing an additional 56,233 shares in the last quarter. Alliancebernstein L.P. lifted its position in shares of Cboe Global Markets by 208.4% in the fourth quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company’s stock worth $1,501,745,000 after purchasing an additional 5,193,339 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its position in shares of Cboe Global Markets by 3.3% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 4,015,179 shares of the company’s stock worth $784,566,000 after purchasing an additional 126,721 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Cboe Global Markets by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 2,740,937 shares of the company’s stock worth $535,994,000 after purchasing an additional 44,291 shares in the last quarter. Finally, FMR LLC lifted its position in shares of Cboe Global Markets by 2.5% in the fourth quarter. FMR LLC now owns 1,571,980 shares of the company’s stock worth $307,165,000 after purchasing an additional 38,587 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.