Cboe Global Markets (NASDAQ:CBOE) Earns Market Perform Rating from Analysts at William Blair

William Blair initiated coverage on shares of Cboe Global Markets (NASDAQ:CBOE) in a research note issued to investors on Thursday, Marketbeat reports. The firm issued a market perform rating on the stock.

CBOE has been the topic of several other reports. StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Friday, December 27th. The Goldman Sachs Group lowered shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price target on the stock. in a research report on Monday, January 6th. JPMorgan Chase & Co. restated an “underweight” rating and set a $174.00 target price (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Keefe, Bruyette & Woods raised their target price on shares of Cboe Global Markets from $217.00 to $220.00 and gave the stock a “market perform” rating in a research report on Friday, December 20th. Finally, Jefferies Financial Group decreased their target price on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research report on Thursday. Three analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $197.60.

Cboe Global Markets Trading Down 0.9 %

Shares of CBOE opened at $191.23 on Thursday. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.34. The business’s 50-day moving average is $201.78. Cboe Global Markets has a twelve month low of $166.13 and a twelve month high of $221.66. The firm has a market capitalization 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.

Cboe Global Markets Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date was Friday, November 29th. Cboe Global Markets’s dividend payout ratio is currently 34.33%.

Hedge Funds Weigh In On Cboe Global Markets

Large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its stake in Cboe Global Markets by 5.4% during the third quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock worth $96,613,000 after purchasing an additional 24,177 shares during the period. Nordea Investment Management AB raised its stake in Cboe Global Markets by 16.7% during the fourth quarter. Nordea Investment Management AB now owns 646,670 shares of the company’s stock worth $126,262,000 after purchasing an additional 92,537 shares during the period. Principal Financial Group Inc. raised its stake in Cboe Global Markets by 2.0% during the third quarter. Principal Financial Group Inc. now owns 157,158 shares of the company’s stock worth $32,197,000 after purchasing an additional 3,155 shares during the period. Tri Ri Asset Management Corp purchased a new position in Cboe Global Markets during the third quarter worth approximately $5,499,000. Finally, Oddo BHF Asset Management Sas purchased a new position in Cboe Global Markets during the third quarter worth approximately $7,647,000. Hedge funds and other institutional investors own 82.67% of the company’s stock.

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.