JPMorgan Chase & Co. lowered shares of Cboe Global Markets (NASDAQ:CBOE) from an overweight rating to a neutral rating in a research note published on Wednesday, MarketBeat Ratings reports. JPMorgan Chase & Co. currently has $84.00 target price on the financial services provider’s stock.
CBOE has been the topic of several other reports. Keefe, Bruyette & Woods restated a hold rating and set a $108.00 price objective on shares of Cboe Global Markets in a research note on Thursday, October 12th. Wells Fargo & Co raised their price objective on Cboe Global Markets from $4.75 to $138.00 and gave the stock an outperform rating in a research note on Friday, January 5th. Deutsche Bank raised their price objective on Cboe Global Markets from $106.00 to $108.00 and gave the stock a hold rating in a research note on Wednesday, November 8th. Citigroup raised their price objective on Cboe Global Markets from $93.00 to $115.00 and gave the stock a neutral rating in a research note on Thursday, October 19th. Finally, BidaskClub upgraded Cboe Global Markets from a hold rating to a buy rating in a research note on Friday, January 26th. Nine investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of Hold and an average target price of $114.70.
Cboe Global Markets (CBOE) opened at $107.11 on Wednesday. Cboe Global Markets has a one year low of $76.75 and a one year high of $138.54. The stock has a market capitalization of $12,610.83, a price-to-earnings ratio of 58.21, a P/E/G ratio of 1.20 and a beta of 0.46. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.57 and a current ratio of 1.57.
In other Cboe Global Markets news, Chairman Edward T. Tilly sold 5,000 shares of the firm’s 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 directly owns 70,611 shares in the company, valued at $8,916,757.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Frank E. Jr. English sold 300 shares of the firm’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $123.80, for a total value of $37,140.00. Following the completion of the sale, the director now owns 4,214 shares in the company, valued at $521,693.20. The disclosure for this sale can be found here. Insiders sold 12,989 shares of company stock worth $1,622,840 over the last quarter. 1.86% of the stock is currently owned by company insiders.
Several institutional investors and hedge funds have recently modified their holdings of CBOE. SeaCrest Wealth Management LLC acquired a new position in shares of Cboe Global Markets during the fourth quarter valued at $143,000. Mitsubishi UFJ Securities Holdings Co. Ltd. increased its holdings in shares of Cboe Global Markets by 240.0% during the fourth quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,360 shares of the financial services provider’s stock valued at $169,000 after purchasing an additional 960 shares during the period. W. E. Donoghue & Co. LLC acquired a new position in shares of Cboe Global Markets during the second quarter valued at $203,000. Winslow Evans & Crocker Inc. increased its holdings in shares of Cboe Global Markets by 720.0% during the third quarter. Winslow Evans & Crocker Inc. now owns 1,886 shares of the financial services provider’s stock valued at $203,000 after purchasing an additional 1,656 shares during the period. Finally, Global X MANAGEMENT CO LLC increased its holdings in shares of Cboe Global Markets by 329.0% during the third quarter. Global X MANAGEMENT CO LLC now owns 1,896 shares of the financial services provider’s stock valued at $204,000 after purchasing an additional 1,454 shares during the period. 83.99% of the stock is currently owned by institutional investors.
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About Cboe Global Markets
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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