Raymond James downgraded shares of Cboe Global Markets (CBOE:CBOE) from an outperform rating to a market perform rating in a research note released on Tuesday morning, BenzingaRatingsTable reports.

Other equities research analysts have also issued research reports about the company. Bank of America lifted their price target on Cboe Global Markets from $105.00 to $110.00 and gave the stock a buy rating in a research note on Thursday, May 16th. Zacks Investment Research raised Cboe Global Markets from a hold rating to a buy rating and set a $105.00 price target for the company in a research note on Thursday, February 28th. Argus began coverage on Cboe Global Markets in a research note on Friday, February 22nd. They set a hold rating for the company. UBS Group lowered their target price on Cboe Global Markets from $105.00 to $103.00 and set a neutral rating for the company in a research note on Monday, May 6th. Finally, Rosenblatt Securities lowered Cboe Global Markets from a buy rating to a neutral rating in a research note on Thursday, April 18th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company. Cboe Global Markets has an average rating of Hold and an average target price of $110.83.

Shares of CBOE stock opened at $107.74 on Tuesday. Cboe Global Markets has a 12-month low of $87.87 and a 12-month high of $115.11.

Cboe Global Markets (CBOE:CBOE) last issued its quarterly earnings results on Friday, May 3rd. The financial services provider reported $1.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.99 by $0.12. The firm had revenue of $280.50 million for the quarter, compared to the consensus estimate of $279.49 million.

The business also recently announced a quarterly dividend, which was paid on Friday, June 14th. Stockholders of record on Friday, May 31st were paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date of this dividend was Thursday, May 30th.

In other Cboe Global Markets news, EVP Bryan Harkins sold 4,300 shares of the company’s stock in a transaction that occurred on Wednesday, May 22nd. The stock was sold at an average price of $106.71, for a total transaction of $458,853.00. Following the completion of the transaction, the executive vice president now owns 43,661 shares of the company’s stock, valued at approximately $4,659,065.31. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Brian N. Schell sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, May 31st. The shares were sold at an average price of $108.47, for a total value of $1,084,700.00. Following the transaction, the chief financial officer now directly owns 36,069 shares of the company’s stock, valued at approximately $3,912,404.43. The disclosure for this sale can be found here. In the last three months, insiders sold 25,134 shares of company stock valued at $2,679,406. 0.89% of the stock is currently owned by corporate insiders.

Cboe Global Markets Company Profile

Cboe Global Markets, Inc engages in the provision of trading and investment solutions to investors. It operates through the following business segments: Options, U.S. Equities, Futures, European Equities, and Global FX. The Options segment includes options exchange business, which lists for trading options on market indexes (index options), as well as on non-exclusive multiply-listed options.

See Also: Why Dividend Stocks May Be Right for You

Analyst Recommendations for Cboe Global Markets (CBOE:CBOE)

Receive News & Ratings for Cboe Global Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cboe Global Markets and related companies with MarketBeat.com's FREE daily email newsletter.