Cboe Global Markets (NASDAQ:CBOE) Downgraded to “Sell” Rating by StockNews.com

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

Other equities research analysts have also recently issued reports about the company. Jefferies Financial Group lowered their price objective on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday. William Blair initiated coverage on shares of Cboe Global Markets in a research report on Thursday. They set a “market perform” rating on the stock. The Goldman Sachs Group lowered Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price on the stock. in a research report on Monday. Barclays downgraded shares of Cboe Global Markets from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $230.00 to $220.00 in a research note on Monday, December 9th. Finally, Keefe, Bruyette & Woods boosted their price target on shares of Cboe Global Markets from $217.00 to $220.00 and gave the stock a “market perform” rating in a research note on Friday, December 20th. Three analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. According to MarketBeat.com, Cboe Global Markets presently has an average rating of “Hold” and a consensus price target of $197.60.

Cboe Global Markets Trading Down 0.9 %

Shares of CBOE traded down $1.76 during midday trading on Friday, hitting $191.23. 779,887 shares of the company’s stock traded hands, compared to its average volume of 698,377. Cboe Global Markets has a 1 year low of $166.13 and a 1 year high of $221.66. The company’s fifty day moving average is $202.04. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.34. The firm has a market cap of $20.02 billion, a PE ratio of 26.05, a price-to-earnings-growth ratio of 1.71 and a beta of 0.68.

Hedge Funds Weigh In On Cboe Global Markets

Institutional investors and hedge funds have recently modified their holdings of the stock. TD Private Client Wealth LLC boosted its holdings in shares of Cboe Global Markets by 149.0% during 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. Point72 Asia Singapore Pte. Ltd. bought a new stake in Cboe Global Markets in the 3rd quarter worth approximately $158,000. Coastwise Capital Group LLC purchased a new position in shares of Cboe Global Markets during the third quarter valued at approximately $216,000. Rehmann Capital Advisory Group grew its stake in Cboe Global Markets by 5.3% in the third quarter. Rehmann Capital Advisory Group now owns 1,253 shares of the company’s stock worth $257,000 after purchasing an additional 63 shares during the period. Finally, Coldstream Capital Management Inc. boosted its holdings in 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 acquiring an additional 66 shares in the last quarter. 82.67% of the stock is currently owned by institutional investors and hedge funds.

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.