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

Barclays downgraded shares of Cboe Global Markets (NASDAQ:CBOE) from an overweight rating to an equal weight rating in a research report released on Monday morning, MarketBeat reports. The firm currently has $220.00 price target on the stock, down from their previous price target of $230.00.

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

Cboe Global Markets Stock Performance

Shares of CBOE opened at $203.11 on Monday. 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 market cap of $21.26 billion, a P/E ratio of 27.67, a PEG 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. Stockholders of record on Friday, November 29th will be paid a dividend of $0.63 per share. The ex-dividend date is Friday, November 29th. This represents a $2.52 annualized dividend and a dividend yield of 1.24%. Cboe Global Markets’s dividend payout ratio is currently 34.33%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of CBOE. Benjamin Edwards Inc. increased its position in Cboe Global Markets by 5,967.5% during the 3rd quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company’s stock worth $6,203,000 after buying an additional 29,778 shares during the period. Janus Henderson Group PLC boosted its stake in shares of Cboe Global Markets by 0.3% in the third quarter. Janus Henderson Group PLC now owns 1,528,295 shares of the company’s stock valued at $313,090,000 after buying an additional 5,216 shares during the period. O Brien Greene & Co. Inc bought a new position in Cboe Global Markets during the 3rd quarter worth $8,187,000. Worldquant Millennium Advisors LLC acquired a new position in Cboe Global Markets in the 3rd quarter valued at $5,664,000. Finally, Neo Ivy Capital Management lifted its position in Cboe Global Markets by 1,358.7% during the third quarter. Neo Ivy Capital Management now owns 11,786 shares of the company’s stock worth $2,414,000 after purchasing an additional 10,978 shares during the period. 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.