BidaskClub lowered shares of Cboe Global Markets (NASDAQ:CBOE) from a strong-buy rating to a buy rating in a report released on Wednesday morning.
A number of other equities research analysts have also recently commented on CBOE. Zacks Investment Research cut Cboe Global Markets from a buy rating to a hold rating in a research report on Friday, September 15th. Jefferies Group reaffirmed a hold rating and set a $92.00 target price on shares of Cboe Global Markets in a research report on Tuesday, October 3rd. Royal Bank of Canada cut Cboe Global Markets from an outperform rating to a sector perform rating and lifted their target price for the company from $100.00 to $108.00 in a research report on Monday, October 16th. Wells Fargo & Co reaffirmed an outperform rating and set a $120.00 target price (up previously from $106.00) on shares of Cboe Global Markets in a research report on Thursday, October 5th. They noted that the move was a valuation call. Finally, Deutsche Bank lifted their target price on Cboe Global Markets from $106.00 to $108.00 and gave the company a hold rating in a research report on Wednesday, November 8th. Eight analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of $109.70.
Shares of Cboe Global Markets (CBOE) opened at $124.47 on Wednesday. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.46. Cboe Global Markets has a one year low of $72.54 and a one year high of $128.32. The company has a market capitalization of $14,020.00, a P/E ratio of 67.28, a price-to-earnings-growth ratio of 2.09 and a beta of 0.52.
The firm also recently declared a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, December 1st were issued a dividend of $0.27 per share. The ex-dividend date was Thursday, November 30th. This represents a $1.08 dividend on an annualized basis and a yield of 0.87%. Cboe Global Markets’s dividend payout ratio (DPR) is currently 58.38%.
In related news, VP Christopher A. Isaacson sold 7,019 shares of Cboe Global Markets stock in a transaction on Friday, December 1st. The stock was sold at an average price of $124.42, for a total transaction of $873,303.98. Following the sale, the vice president now directly owns 90,229 shares in the company, valued at $11,226,292.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Edward T. Tilly sold 5,000 shares of Cboe Global Markets stock in a transaction on Monday, December 11th. The stock was sold at an average price of $126.28, for a total value of $631,400.00. Following the sale, the chairman now owns 70,611 shares in the company, valued at $8,916,757.08. The disclosure for this sale can be found here. Insiders have sold 16,989 shares of company stock worth $2,059,320 over the last quarter. 1.86% of the stock is currently owned by corporate insiders.
A number of institutional investors have recently modified their holdings of CBOE. Strs Ohio bought a new stake in shares of Cboe Global Markets in the second quarter valued at $120,000. Bronfman E.L. Rothschild L.P. raised its stake in shares of Cboe Global Markets by 1.5% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 1,346 shares of the financial services provider’s stock valued at $123,000 after buying an additional 20 shares during the period. Penserra Capital Management LLC bought a new stake in shares of Cboe Global Markets in the second quarter valued at $198,000. W. E. Donoghue & Co. LLC bought a new stake in shares of Cboe Global Markets in the second quarter valued at $203,000. Finally, Winslow Evans & Crocker Inc. raised its stake in shares of Cboe Global Markets by 720.0% in the third quarter. Winslow Evans & Crocker Inc. now owns 1,886 shares of the financial services provider’s stock valued at $203,000 after buying an additional 1,656 shares during the period. Institutional investors and hedge funds own 83.65% of the company’s stock.
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Cboe Global Markets Company Profile
Cboe Global Markets, Inc, formerly CBOE Holdings, Inc, is a holding company. The Company provides trading and investment solutions to investors around the world. It offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, United States and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index).
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