Cboe Global Markets (BATS:CBOE) PT Raised to $204.00

Cboe Global Markets (BATS:CBOEFree Report) had its price target increased by Bank of America from $200.00 to $204.00 in a report published on Friday, Benzinga reports. Bank of America currently has a buy rating on the stock.

Other equities analysts have also issued research reports about the company. Rosenblatt Securities raised their price objective on Cboe Global Markets from $192.00 to $200.00 and gave the company a buy rating in a research report on Monday, February 5th. Oppenheimer raised their price objective on Cboe Global Markets from $201.00 to $206.00 and gave the company an outperform rating in a research report on Monday, February 5th. Keefe, Bruyette & Woods restated a market perform rating and set a $197.00 price target on shares of Cboe Global Markets in a report on Thursday, April 4th. Barclays raised their price target on Cboe Global Markets from $200.00 to $211.00 and gave the company an overweight rating in a report on Monday, April 8th. Finally, Citigroup raised their price target on Cboe Global Markets from $170.00 to $188.00 and gave the company a neutral rating in a report on Friday, January 12th. Seven analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Cboe Global Markets has an average rating of Hold and a consensus target price of $190.18.

View Our Latest Analysis on Cboe Global Markets

Cboe Global Markets Stock Performance

Shares of Cboe Global Markets stock opened at $180.85 on Friday. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $19.18 billion, a P/E ratio of 93.22 and a beta of 0.61. The business has a fifty day simple moving average of $184.33 and a two-hundred day simple moving average of $178.51. Cboe Global Markets has a 12 month low of $103.82 and a 12 month high of $139.00.

Cboe Global Markets (BATS:CBOEGet Free Report) last announced its quarterly earnings data on Friday, February 2nd. The company reported $2.06 EPS for the quarter, beating the consensus estimate of $2.04 by $0.02. The business had revenue of $499.00 million during the quarter, compared to analyst estimates of $510.65 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The company’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.80 earnings per share. On average, equities analysts forecast that Cboe Global Markets will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were issued a $0.55 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $2.20 annualized dividend and a yield of 1.22%. Cboe Global Markets’s payout ratio is 98.97%.

Insider Buying and Selling

In related news, EVP Dave Howson sold 8,314 shares of Cboe Global Markets stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $183.88, for a total value of $1,528,778.32. Following the completion of the sale, the executive vice president now directly owns 17,573 shares in the company, valued at approximately $3,231,323.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.51% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Cboe Global Markets

A number of large investors have recently made changes to their positions in the company. Pinnacle Associates Ltd. grew its stake in shares of Cboe Global Markets by 5.2% during the 4th quarter. Pinnacle Associates Ltd. now owns 1,366 shares of the company’s stock valued at $244,000 after purchasing an additional 67 shares during the period. Allworth Financial LP grew its stake in shares of Cboe Global Markets by 75.3% during the 4th quarter. Allworth Financial LP now owns 170 shares of the company’s stock valued at $30,000 after purchasing an additional 73 shares during the period. Moors & Cabot Inc. grew its stake in shares of Cboe Global Markets by 2.3% during the 3rd quarter. Moors & Cabot Inc. now owns 3,305 shares of the company’s stock valued at $516,000 after purchasing an additional 75 shares during the period. U.S. Capital Wealth Advisors LLC lifted its position in shares of Cboe Global Markets by 1.5% during the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 5,123 shares of the company’s stock valued at $800,000 after buying an additional 76 shares in the last quarter. Finally, Marion Wealth Management lifted its position in shares of Cboe Global Markets by 0.7% during the 1st quarter. Marion Wealth Management now owns 10,315 shares of the company’s stock valued at $1,895,000 after buying an additional 76 shares in the last quarter. 81.73% of the stock is currently owned by institutional investors.

Cboe Global Markets Company Profile

(Get Free Report)

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S.

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Analyst Recommendations for Cboe Global Markets (BATS:CBOE)

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