Cboe Global Markets (NASDAQ:CBOE)‘s stock had its “outperform” rating reiterated by analysts at Wells Fargo & Co in a report released on Monday. They currently have a $120.00 target price on the financial services provider’s stock, down from their previous target price of $138.00. Wells Fargo & Co’s price objective indicates a potential upside of 4.35% from the stock’s previous close.
A number of other research analysts have also recently issued reports on the company. Zacks Investment Research raised Cboe Global Markets from a “hold” rating to a “strong-buy” rating and set a $147.00 target price for the company in a research note on Tuesday, January 9th. BidaskClub raised Cboe Global Markets from a “hold” rating to a “buy” rating in a research note on Friday, January 26th. Citigroup boosted their target price on Cboe Global Markets from $93.00 to $115.00 and gave the company a “neutral” rating in a research note on Thursday, October 19th. Deutsche Bank boosted their target price on Cboe Global Markets from $106.00 to $108.00 and gave the company a “hold” rating in a research note on Wednesday, November 8th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $130.00 target price on shares of Cboe Global Markets in a research note on Friday, December 22nd. Eight investment analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $118.64.
Cboe Global Markets (CBOE) traded up $2.78 during trading hours on Monday, reaching $115.00. The company’s stock had a trading volume of 2,331,800 shares, compared to its average volume of 1,657,925. Cboe Global Markets has a 1 year low of $77.33 and a 1 year high of $138.54. The company has a current ratio of 1.31, a quick ratio of 1.57 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $12,732.23, a PE ratio of 32.98, a price-to-earnings-growth ratio of 1.38 and a beta of 0.46.
In related news, Director Frank E. Jr. English sold 300 shares of the company’s stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $123.80, for a total transaction of $37,140.00. Following the sale, the director now owns 4,214 shares in the company, valued at $521,693.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Christopher A. Isaacson sold 7,019 shares of the company’s stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $124.42, for a total value of $873,303.98. Following the sale, the vice president now owns 90,229 shares in the company, valued at approximately $11,226,292.18. The disclosure for this sale can be found here. Insiders have sold 12,989 shares of company stock valued at $1,622,840 over the last ninety days. 1.86% of the stock is owned by insiders.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. raised its holdings in Cboe Global Markets by 10.8% during the fourth quarter. BlackRock Inc. now owns 8,088,983 shares of the financial services provider’s stock worth $1,007,804,000 after acquiring an additional 786,423 shares in the last quarter. Renaissance Technologies LLC raised its holdings in Cboe Global Markets by 3.0% during the fourth quarter. Renaissance Technologies LLC now owns 4,520,000 shares of the financial services provider’s stock worth $563,147,000 after acquiring an additional 130,300 shares in the last quarter. Artisan Partners Limited Partnership raised its holdings in Cboe Global Markets by 2.2% during the third quarter. Artisan Partners Limited Partnership now owns 2,318,655 shares of the financial services provider’s stock worth $249,557,000 after acquiring an additional 50,004 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Cboe Global Markets by 5.8% during the fourth quarter. Bank of New York Mellon Corp now owns 1,597,647 shares of the financial services provider’s stock worth $199,050,000 after acquiring an additional 87,229 shares in the last quarter. Finally, Wells Fargo & Company MN raised its holdings in Cboe Global Markets by 10.4% during the third quarter. Wells Fargo & Company MN now owns 1,520,349 shares of the financial services provider’s stock worth $163,635,000 after acquiring an additional 142,667 shares in the last quarter. Institutional investors and hedge funds own 83.54% of the company’s stock.
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Cboe Global Markets Company Profile
Cboe Global Markets, Inc, formerly CBOE Holdings, Inc, is a holding company. The Company provides trading and investment solutions to investors around the world. It offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, United States and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index).
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