StockNews.com Upgrades Cboe Global Markets (NASDAQ:CBOE) to “Hold”

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

CBOE has been the topic of a number of other reports. Bank of America boosted their target price on Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a research report on Monday. William Blair assumed coverage on Cboe Global Markets in a research report on Thursday, January 9th. 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, January 6th. Jefferies Financial Group dropped their price target on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research report on Thursday, January 9th. Finally, Keefe, Bruyette & Woods dropped their price target on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a research report on Monday, January 13th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $206.86.

Cboe Global Markets Stock Performance

Shares of CBOE stock opened at $212.04 on Tuesday. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets has a 1 year low of $166.13 and a 1 year high of $221.66. The stock’s fifty day simple moving average is $199.40. The firm has a market cap of $22.20 billion, a price-to-earnings ratio of 28.89, a PEG ratio of 2.14 and a beta of 0.68.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings data on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a return on equity of 22.33% and a net margin of 19.65%. During the same period in the prior year, the company posted $2.06 earnings per share. Equities research analysts predict that Cboe Global Markets will post 8.64 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Cboe Global Markets

Large investors have recently bought and sold shares of the business. Alliancebernstein L.P. boosted its position in Cboe Global Markets by 208.4% in the 4th quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company’s stock valued at $1,501,745,000 after buying an additional 5,193,339 shares during the last quarter. Norges Bank bought a new position in Cboe Global Markets in the 4th quarter valued at $269,524,000. Raymond James Financial Inc. bought a new position in Cboe Global Markets in the 4th quarter valued at $59,206,000. Arrowstreet Capital Limited Partnership boosted its position in Cboe Global Markets by 270.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 299,690 shares of the company’s stock valued at $58,559,000 after buying an additional 218,865 shares during the last quarter. Finally, Amundi boosted its position in Cboe Global Markets by 27.2% in the 4th quarter. Amundi now owns 885,659 shares of the company’s stock valued at $170,923,000 after buying an additional 189,280 shares during the last quarter. 82.67% of the stock is currently owned by institutional investors.

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.