Cboe Global Markets (NASDAQ:CBOE) Price Target Cut to $218.00 by Analysts at Oppenheimer

Cboe Global Markets (NASDAQ:CBOE) had its target price decreased by Oppenheimer from $232.00 to $218.00 in a research note released on Monday,Benzinga reports. Oppenheimer currently has an outperform rating on the stock.

CBOE has been the subject of a number of other reports. William Blair assumed coverage on Cboe Global Markets in a research report on Thursday, January 9th. They set a “market perform” rating for the company. Barclays decreased their target price on Cboe Global Markets from $220.00 to $212.00 and set an “equal weight” rating for the company in a research report on Monday. The Goldman Sachs Group lowered Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price for the company. in a research report on Monday, January 6th. StockNews.com lowered Cboe Global Markets from a “hold” rating to a “sell” rating in a research report on Friday. Finally, Jefferies Financial Group cut their price target on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday, January 9th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $198.83.

Cboe Global Markets Stock Up 0.9 %

Shares of NASDAQ CBOE opened at $192.72 on Monday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The firm’s fifty day moving average price is $201.78. The company has a market cap of $20.18 billion, a price-to-earnings ratio of 26.26, a PEG ratio of 1.71 and a beta of 0.68. Cboe Global Markets has a twelve month low of $166.13 and a twelve month high of $221.66.

Cboe Global Markets Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were paid a dividend of $0.63 per share. The ex-dividend date was Friday, November 29th. This represents a $2.52 annualized dividend and a yield of 1.31%. Cboe Global Markets’s dividend payout ratio (DPR) is 34.33%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Marion Wealth Management grew its stake in Cboe Global Markets by 1.8% during the 4th quarter. Marion Wealth Management now owns 11,081 shares of the company’s stock worth $2,165,000 after buying an additional 194 shares during the last quarter. Brookstone Capital Management purchased a new position in Cboe Global Markets during the 4th quarter worth $396,000. Aprio Wealth Management LLC purchased a new position in Cboe Global Markets during the 4th quarter worth $230,000. Czech National Bank grew its stake in Cboe Global Markets by 6.5% during the 4th quarter. Czech National Bank now owns 22,698 shares of the company’s stock worth $4,435,000 after buying an additional 1,383 shares during the last quarter. Finally, Harbor Capital Advisors Inc. grew its stake in Cboe Global Markets by 5.7% during the 4th quarter. Harbor Capital Advisors Inc. now owns 3,134 shares of the company’s stock worth $612,000 after buying an additional 170 shares during the last quarter. 82.67% of the stock is currently owned by hedge funds and other 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.