Cboe Global Markets (NASDAQ:CBOE) Stock Rating Upgraded by StockNews.com

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

Several other brokerages have also recently commented on CBOE. Bank of America boosted their price objective on shares of Cboe Global Markets from $245.00 to $251.00 and gave the company a “buy” rating in a research note on Monday, February 10th. Barclays boosted their price target on shares of Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a research note on Monday, February 10th. The Goldman Sachs Group cut shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price target for the company. in a research note on Monday, January 6th. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Finally, Oppenheimer cut their price target on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a research note on Monday, January 13th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $206.86.

Cboe Global Markets Stock Up 1.6 %

NASDAQ CBOE opened at $210.39 on Thursday. The company has a 50 day simple moving average of $199.59. Cboe Global Markets has a 12-month low of $166.13 and a 12-month high of $221.66. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $22.03 billion, a price-to-earnings ratio of 29.14, a P/E/G ratio of 1.69 and a beta of 0.68.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings data on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same quarter in the previous year, the firm posted $2.06 EPS. Equities analysts expect that Cboe Global Markets will post 8.96 EPS for the current year.

Insider Activity at Cboe Global Markets

In other Cboe Global Markets news, EVP Dave Howson sold 11,036 shares of the company’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total value of $2,273,526.36. Following the completion of the transaction, the executive vice president now directly owns 8,025 shares in the company, valued at approximately $1,653,230.25. This represents a 57.90 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.22% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in CBOE. Lee Danner & Bass Inc. bought a new position in Cboe Global Markets in the 4th quarter worth $29,000. Greenline Partners LLC bought a new position in Cboe Global Markets in the 4th quarter worth $29,000. Kestra Investment Management LLC bought a new position in Cboe Global Markets in the 4th quarter worth $31,000. Sugar Maple Asset Management LLC bought a new position in Cboe Global Markets in the 4th quarter worth $36,000. Finally, Generali Asset Management SPA SGR bought a new position in Cboe Global Markets in the 4th quarter worth $37,000. 82.67% of the stock is currently 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.