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

Cboe Global Markets (NASDAQ:CBOE) was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Thursday.

Separately, Barclays downgraded Cboe Global Markets from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $230.00 to $220.00 in a research note on Monday, December 9th.

Cboe Global Markets Stock Performance

Shares of CBOE stock traded down $6.27 during trading on Thursday, hitting $193.80. The company’s stock had a trading volume of 1,004,121 shares, compared to its average volume of 836,393. 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 firm has a market cap of $20.29 billion, a PE ratio of 26.40, a P/E/G ratio of 1.71 and a beta of 0.66. Cboe Global Markets has a 52 week low of $166.13 and a 52 week high of $221.66.

Institutional Investors Weigh In On Cboe Global Markets

Large investors have recently modified their holdings of the stock. Erste Asset Management GmbH bought a new position in Cboe Global Markets during the third quarter valued at $11,191,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Cboe Global Markets during the 3rd quarter valued at $158,000. Benjamin Edwards Inc. lifted its position in shares of Cboe Global Markets by 5,967.5% during the 3rd quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company’s stock valued at $6,203,000 after buying an additional 29,778 shares during the last quarter. Coastwise Capital Group LLC bought a new position in shares of Cboe Global Markets during the 3rd quarter worth $216,000. Finally, Harmony Asset Management LLC purchased a new stake in Cboe Global Markets in the 3rd quarter worth about $15,175,000. Hedge funds and other institutional investors 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.