Oppenheimer Cuts Cboe Global Markets (NASDAQ:CBOE) Price Target to $218.00

Cboe Global Markets (NASDAQ:CBOE) had its price target cut by Oppenheimer from $232.00 to $218.00 in a report issued on Monday,Benzinga reports. They currently have an outperform rating on the stock.

Other equities analysts have also recently issued research reports about the company. The Goldman Sachs Group cut Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective on the stock. in a report on Monday, January 6th. Barclays cut their price target on shares of Cboe Global Markets from $220.00 to $212.00 and set an “equal weight” rating on the stock in a research note on Monday. JPMorgan Chase & Co. reissued an “underweight” rating and set a $174.00 price objective (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Jefferies Financial Group dropped their price objective on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday, January 9th. Finally, StockNews.com lowered shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a research note on Friday, January 10th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $198.83.

Cboe Global Markets Trading Down 0.7 %

CBOE stock opened at $191.99 on Monday. Cboe Global Markets has a 1-year low of $166.13 and a 1-year high of $221.66. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $20.10 billion, a price-to-earnings ratio of 26.16, a PEG ratio of 1.71 and a beta of 0.68. The business’s 50-day simple moving average is $201.18.

Cboe Global Markets Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were given a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date was Friday, November 29th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 34.33%.

Institutional Investors Weigh In On Cboe Global Markets

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. McElhenny Sheffield Capital Management LLC acquired a new stake in shares of Cboe Global Markets in the fourth quarter valued at about $533,000. HB Wealth Management LLC grew its stake in Cboe Global Markets by 11.0% in the fourth quarter. HB Wealth Management LLC now owns 3,839 shares of the company’s stock valued at $750,000 after purchasing an additional 379 shares in the last quarter. Trust Co. of Vermont raised its stake in shares of Cboe Global Markets by 2,000.0% during the 4th quarter. Trust Co. of Vermont now owns 420 shares of the company’s stock worth $82,000 after purchasing an additional 400 shares in the last quarter. USA Financial Formulas bought a new stake in shares of Cboe Global Markets during the 4th quarter worth approximately $182,000. Finally, Burney Co. boosted its holdings in shares of Cboe Global Markets by 8.2% in the 4th quarter. Burney Co. now owns 6,891 shares of the company’s stock valued at $1,347,000 after buying an additional 523 shares during the last quarter. 82.67% of the stock is 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.