Cboe Global Markets (BATS:CBOE) Given New $205.00 Price Target at Rosenblatt Securities

Cboe Global Markets (BATS:CBOE) had its target price lifted by Rosenblatt Securities from $200.00 to $205.00 in a research note published on Monday morning, Benzinga reports. Rosenblatt Securities currently has a buy rating on the stock.

Several other brokerages have also weighed in on CBOE. Oppenheimer restated an outperform rating and issued a $206.00 price objective on shares of Cboe Global Markets in a report on Monday. Barclays raised their price target on Cboe Global Markets from $200.00 to $211.00 and gave the stock an overweight rating in a research report on Monday, April 8th. Citigroup upped their price objective on Cboe Global Markets from $170.00 to $188.00 and gave the company a neutral rating in a report on Friday, January 12th. Morgan Stanley restated an equal weight rating and set a $199.00 target price (down previously from $211.00) on shares of Cboe Global Markets in a report on Tuesday, April 9th. Finally, Keefe, Bruyette & Woods reaffirmed a market perform rating and issued a $197.00 price target on shares of Cboe Global Markets in a research note on Thursday, April 4th. Seven research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of Hold and a consensus target price of $191.00.

Cboe Global Markets Trading Up 0.6 %

Shares of CBOE opened at $185.44 on Monday. The stock’s fifty day simple moving average is $181.97 and its 200-day simple moving average is $180.05. The firm has a market capitalization of $19.67 billion, a PE ratio of 95.59 and a beta of 0.61. Cboe Global Markets has a 12-month low of $103.82 and a 12-month high of $139.00. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60.

Cboe Global Markets (BATS:CBOE) last released its earnings results on Friday, May 3rd. The company reported $2.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.04 by $0.11. The company had revenue of $502.10 million for the quarter, compared to the consensus estimate of $504.80 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The company’s revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the company posted $1.90 EPS. As a group, research analysts predict that Cboe Global Markets will post 6.41 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were issued a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 1.19%. The ex-dividend date was Wednesday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

Insider Buying and Selling

In other news, EVP Dave Howson sold 5,322 shares of the business’s stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $186.96, for a total value of $995,001.12. Following the sale, the executive vice president now directly owns 17,573 shares in the company, valued at $3,285,448.08. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.51% of the stock is currently owned by company insiders.

Institutional Trading of Cboe Global Markets

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. FinTrust Capital Advisors LLC boosted its holdings in Cboe Global Markets by 170.0% during the first quarter. FinTrust Capital Advisors LLC now owns 135 shares of the company’s stock worth $25,000 after purchasing an additional 85 shares during the last quarter. NBC Securities Inc. bought a new stake in Cboe Global Markets during the 3rd quarter worth about $29,000. Optiver Holding B.V. acquired a new position in shares of Cboe Global Markets during the 4th quarter worth about $29,000. Farmers & Merchants Trust Co of Chambersburg PA acquired a new position in shares of Cboe Global Markets during the 4th quarter worth about $30,000. Finally, Allworth Financial LP grew its holdings in shares of Cboe Global Markets by 75.3% in the 4th quarter. Allworth Financial LP now owns 170 shares of the company’s stock valued at $30,000 after acquiring an additional 73 shares in the last quarter. 81.73% of the stock is currently owned by institutional investors and hedge funds.

About Cboe Global Markets

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.