William Blair Initiates Coverage on Cboe Global Markets (NASDAQ:CBOE)

William Blair assumed coverage on shares of Cboe Global Markets (NASDAQ:CBOE - Free Report) in a report published on Thursday, Marketbeat Ratings reports. The brokerage issued a market perform rating on the stock.

A number of other equities analysts have also recently issued reports on CBOE. Keefe, Bruyette & Woods upped their price objective 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. 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 note on Thursday. The Goldman Sachs Group cut 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. StockNews.com upgraded Cboe Global Markets from a "sell" rating to a "hold" rating in a research report on Friday, December 27th. Finally, Barclays downgraded Cboe Global Markets from an "overweight" rating to an "equal weight" rating and dropped their target price for the company from $230.00 to $220.00 in a research report on Monday, December 9th. Two analysts have rated the stock with a sell rating and five have given a hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $197.60.

Cboe Global Markets Stock Performance

Cboe Global Markets stock traded up $2.15 during midday trading on Thursday, reaching $192.99. The company's stock had a trading volume of 635,371 shares, compared to its average volume of 676,094. 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 stock has a market cap of $20.20 billion, a PE ratio of 26.29, a P/E/G ratio of 1.71 and a beta of 0.68. Cboe Global Markets has a 52 week low of $166.13 and a 52 week high of $221.66.

Cboe Global Markets Dividend Announcement

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of CBOE. TD Private Client Wealth LLC grew its holdings in Cboe Global Markets by 149.0% during 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 worth $158,000. Coastwise Capital Group LLC bought a new stake in Cboe Global Markets in the third quarter valued at $216,000. Rehmann Capital Advisory Group boosted its position 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 purchasing an additional 63 shares in the last quarter. Finally, Coldstream Capital Management Inc. boosted its holdings in Cboe Global Markets by 5.3% in the third quarter. Coldstream Capital Management Inc. now owns 1,318 shares of the company's stock worth $269,000 after acquiring 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.