Jefferies Financial Group Cuts Cboe Global Markets (NASDAQ:CBOE) Price Target to $190.00

Cboe Global Markets (NASDAQ:CBOE) had its target price lowered by Jefferies Financial Group from $212.00 to $190.00 in a research report report published on Thursday morning,Benzinga reports. The brokerage currently has a hold rating on the stock.

Several other research analysts have also issued reports on the company. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $174.00 target price (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Barclays downgraded Cboe Global Markets from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $230.00 to $220.00 in a research note on Monday, December 9th. Keefe, Bruyette & Woods increased their target price on Cboe Global Markets from $217.00 to $220.00 and gave the company a “market perform” rating in a research note on Friday, December 20th. The Goldman Sachs Group downgraded Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price target on the stock. in a research note on Monday, January 6th. Finally, StockNews.com upgraded Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Friday, December 27th. Three equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. According to data from MarketBeat, Cboe Global Markets currently has a consensus rating of “Hold” and an average price target of $197.60.

Cboe Global Markets Stock Performance

Shares of NASDAQ:CBOE opened at $191.23 on Thursday. Cboe Global Markets has a 52-week low of $166.13 and a 52-week high of $221.66. The company has a market cap of $20.02 billion, a price-to-earnings ratio of 26.05, a P/E/G ratio of 1.71 and a beta of 0.68. The stock has a 50 day moving average price of $201.78. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39.

Cboe Global Markets Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were given a dividend of $0.63 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $2.52 annualized dividend and a dividend yield of 1.32%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.33%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Janus Henderson Group PLC boosted its position in shares of Cboe Global Markets by 0.3% during the third quarter. Janus Henderson Group PLC now owns 1,528,295 shares of the company’s stock valued at $313,090,000 after buying an additional 5,216 shares during the period. Nordea Investment Management AB boosted its holdings in shares of Cboe Global Markets by 16.7% in the fourth quarter. Nordea Investment Management AB now owns 646,670 shares of the company’s stock valued at $126,262,000 after purchasing an additional 92,537 shares during the period. Barclays PLC boosted its holdings in shares of Cboe Global Markets by 27.9% in the third quarter. Barclays PLC now owns 535,284 shares of the company’s stock valued at $109,662,000 after purchasing an additional 116,852 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Cboe Global Markets by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock valued at $96,613,000 after purchasing an additional 24,177 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings in shares of Cboe Global Markets by 2.0% in the third quarter. Principal Financial Group Inc. now owns 157,158 shares of the company’s stock valued at $32,197,000 after purchasing an additional 3,155 shares during the period. Hedge funds and other institutional investors own 82.67% of the company’s stock.

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.