Cboe Global Markets (BATS:CBOE) Sets New 52-Week High at $172.12

Cboe Global Markets, Inc. (BATS:CBOE) shares reached a new 52-week high during trading on Monday . The company traded as high as $172.12 and last traded at $171.84, with a volume of 547247 shares changing hands. The stock had previously closed at $170.06.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on CBOE shares. Oppenheimer reiterated an “outperform” rating and issued a $206.00 price objective on shares of Cboe Global Markets in a research report on Monday, May 6th. Rosenblatt Securities upped their price objective on shares of Cboe Global Markets from $200.00 to $205.00 and gave the stock a “buy” rating in a report on Monday, May 6th. Morgan Stanley reiterated an “equal weight” rating and set a $199.00 price target (down previously from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $197.00 price objective on shares of Cboe Global Markets in a report on Thursday, April 4th. Finally, Barclays lifted their price target on Cboe Global Markets from $211.00 to $215.00 and gave the company an “overweight” rating in a research report on Monday, May 6th. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $191.00.

Cboe Global Markets Price Performance

The firm’s fifty day simple moving average is $176.93 and its 200-day simple moving average is $180.48. The firm has a market capitalization of $18.23 billion, a PE ratio of 87.66 and a beta of 0.61. 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 issued its earnings results on Friday, May 3rd. The company reported $2.15 earnings per share for the quarter, topping analysts’ consensus estimates of $2.04 by $0.11. The business had revenue of $502.10 million during the quarter, compared to analyst estimates of $504.80 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. Cboe Global Markets’s revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.90 EPS. On average, research analysts forecast that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 31st were issued a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 1.28%. The ex-dividend date was Friday, May 31st. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, EVP Catherine R. Clay sold 1,100 shares of the stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $185.06, for a total value of $203,566.00. Following the transaction, the executive vice president now owns 4,656 shares of the company’s stock, valued at $861,639.36. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, COO Christopher A. Isaacson sold 6,000 shares of the stock in a transaction that occurred on Friday, June 21st. The shares were sold at an average price of $175.00, for a total value of $1,050,000.00. Following the completion of the sale, the chief operating officer now directly owns 51,855 shares of the company’s stock, valued at approximately $9,074,625. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Catherine R. Clay sold 1,100 shares of Cboe Global Markets stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $185.06, for a total transaction of $203,566.00. Following the transaction, the executive vice president now directly owns 4,656 shares in the company, valued at approximately $861,639.36. The disclosure for this sale can be found here. Company insiders own 0.51% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of CBOE. Morgan Stanley boosted its position in shares of Cboe Global Markets by 24.5% during the third quarter. Morgan Stanley now owns 1,742,946 shares of the company’s stock worth $272,266,000 after acquiring an additional 342,505 shares during the last quarter. Norges Bank bought a new stake in Cboe Global Markets in the fourth quarter worth $226,557,000. Charles Schwab Investment Management Inc. raised its stake in Cboe Global Markets by 2.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 847,186 shares of the company’s stock valued at $151,274,000 after purchasing an additional 16,224 shares in the last quarter. Tandem Investment Advisors Inc. raised its stake in Cboe Global Markets by 10.4% during the first quarter. Tandem Investment Advisors Inc. now owns 799,880 shares of the company’s stock valued at $146,962,000 after purchasing an additional 75,138 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of Cboe Global Markets by 19.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 526,423 shares of the company’s stock worth $93,998,000 after buying an additional 85,433 shares in the last quarter. Institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Company Profile

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.