Barclays Downgrades Cboe Global Markets (NASDAQ:CBOE) to Equal Weight

Barclays lowered shares of Cboe Global Markets (NASDAQ:CBOE - Free Report) from an overweight rating to an equal weight rating in a research report report published on Monday morning, Marketbeat.com reports. Barclays currently has $220.00 price objective on the stock, down from their prior price objective of $230.00.

Separately, StockNews.com upgraded Cboe Global Markets from a "sell" rating to a "hold" rating in a research note on Thursday, November 14th.

Cboe Global Markets Stock Down 1.2 %

CBOE stock traded down $2.39 on Monday, hitting $201.60. The company's stock had a trading volume of 854,811 shares, compared to its average volume of 838,572. Cboe Global Markets has a 1 year low of $166.13 and a 1 year high of $221.66. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39. The company has a market cap of $21.10 billion, a price-to-earnings ratio of 27.36, a price-to-earnings-growth ratio of 1.72 and a beta of 0.66.

Cboe Global Markets Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend is Friday, November 29th. Cboe Global Markets's payout ratio is 34.33%.

Institutional Investors Weigh In On Cboe Global Markets

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. TD Private Client Wealth LLC grew its holdings in shares of Cboe Global Markets by 149.0% in the 3rd quarter. TD Private Client Wealth LLC now owns 371 shares of the company's stock worth $76,000 after acquiring an additional 222 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Cboe Global Markets in the third quarter valued at $158,000. Coastwise Capital Group LLC purchased a new position in shares of Cboe Global Markets in the third quarter valued at $216,000. Rehmann Capital Advisory Group raised its stake in shares of Cboe Global Markets by 5.3% during the 3rd quarter. Rehmann Capital Advisory Group now owns 1,253 shares of the company's stock worth $257,000 after buying an additional 63 shares during the last quarter. Finally, Coldstream Capital Management Inc. boosted its position in shares of Cboe Global Markets by 5.3% in the 3rd quarter. Coldstream Capital Management Inc. now owns 1,318 shares of the company's stock worth $269,000 after buying an additional 66 shares in the last quarter. Institutional investors and hedge funds 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.