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Cboe Global Markets (NASDAQ:CBOE) Stock Rating Upgraded by StockNews.com

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Cboe Global Markets (NASDAQ:CBOE - Get Free Report) was upgraded by equities research analysts at StockNews.com from a "sell" rating to a "hold" rating in a research note issued on Tuesday.

CBOE has been the topic of a number of other reports. JPMorgan Chase & Co. reiterated an "underweight" rating and issued a $174.00 target price (down from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Oppenheimer cut their target price on Cboe Global Markets from $232.00 to $218.00 and set an "outperform" rating on the stock in a research note on Monday, January 13th. Barclays raised their target price on Cboe Global Markets from $212.00 to $216.00 and gave the company an "equal weight" rating in a research note on Monday, February 10th. William Blair assumed coverage on Cboe Global Markets in a research note on Thursday, January 9th. They issued a "market perform" rating on the stock. Finally, Jefferies Financial Group lowered 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. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $206.86.

Get Our Latest Stock Analysis on Cboe Global Markets

Cboe Global Markets Trading Down 2.8 %

NASDAQ:CBOE traded down $5.90 during trading hours on Tuesday, hitting $202.33. The stock had a trading volume of 691,258 shares, compared to its average volume of 735,564. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39. Cboe Global Markets has a 1-year low of $166.13 and a 1-year high of $221.66. The firm has a 50 day simple moving average of $199.36. The company has a market capitalization of $21.18 billion, a P/E ratio of 27.57, a PEG ratio of 2.14 and a beta of 0.68.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last released its earnings results on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a net margin of 19.65% and a return on equity of 22.33%. During the same period in the previous year, the firm earned $2.06 EPS. Research analysts expect that Cboe Global Markets will post 8.64 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Dave Howson sold 11,036 shares of Cboe Global Markets stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the transaction, the executive vice president now directly owns 8,025 shares of the company's stock, valued at $1,653,230.25. The trade was a 57.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.22% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Cboe Global Markets

A number of institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in Cboe Global Markets by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 12,628,964 shares of the company's stock worth $2,467,700,000 after purchasing an additional 56,233 shares in the last quarter. Alliancebernstein L.P. increased its stake in Cboe Global Markets by 208.4% in the 4th quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company's stock worth $1,501,745,000 after purchasing an additional 5,193,339 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its stake in Cboe Global Markets by 3.3% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 4,015,179 shares of the company's stock worth $784,566,000 after purchasing an additional 126,721 shares in the last quarter. Geode Capital Management LLC increased its stake in Cboe Global Markets by 1.6% in the 4th quarter. Geode Capital Management LLC now owns 2,740,937 shares of the company's stock worth $535,994,000 after purchasing an additional 44,291 shares in the last quarter. Finally, FMR LLC increased its stake in Cboe Global Markets by 2.5% in the 4th quarter. FMR LLC now owns 1,571,980 shares of the company's stock worth $307,165,000 after purchasing an additional 38,587 shares in the last quarter. Hedge funds and other institutional investors own 82.67% of the company's stock.

Cboe Global Markets Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Cboe Global Markets (NASDAQ:CBOE)

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