Brokerages Set Cboe Global Markets, Inc. (BATS:CBOE) PT at $189.09

Cboe Global Markets, Inc. (BATS:CBOE) has been given an average rating of “Hold” by the eleven brokerages that are presently covering the stock, MarketBeat reports. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price target among analysts that have covered the stock in the last year is $189.09.

A number of analysts have recently issued reports on the stock. Morgan Stanley reiterated an “equal weight” rating and issued a $199.00 price objective (down from $211.00) on shares of Cboe Global Markets in a report on Tuesday, April 9th. Rosenblatt Securities boosted their price target on shares of Cboe Global Markets from $200.00 to $205.00 and gave the stock a “buy” rating in a research report on Monday, May 6th. Oppenheimer restated an “outperform” rating and issued a $206.00 price objective on shares of Cboe Global Markets in a report on Monday, May 6th. Barclays lowered their target price on Cboe Global Markets from $215.00 to $194.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 10th. Finally, Bank of America increased their price target on Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a research report on Friday, April 19th.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, EVP Catherine R. Clay sold 1,100 shares of the company’s stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $185.06, for a total value of $203,566.00. Following the transaction, the executive vice president now directly owns 4,656 shares in the company, valued at $861,639.36. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other Cboe Global Markets news, EVP Catherine R. Clay sold 1,100 shares of the firm’s 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 completion of the sale, the executive vice president now directly owns 4,656 shares in the company, valued at $861,639.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Christopher A. Isaacson sold 6,000 shares of the company’s 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 transaction, the chief operating officer now directly owns 51,855 shares in the company, valued at approximately $9,074,625. The disclosure for this sale can be found here. Insiders sold 11,992 shares of company stock valued at $2,170,463 in the last quarter. 0.51% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Cboe Global Markets

Hedge funds and other institutional investors have recently modified their holdings of the company. FinTrust Capital Advisors LLC increased its position 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 acquiring an additional 85 shares during the period. Optiver Holding B.V. bought a new position in shares of Cboe Global Markets during the fourth quarter worth approximately $29,000. Farmers & Merchants Trust Co of Chambersburg PA acquired a new stake in shares of Cboe Global Markets in the fourth quarter valued at approximately $30,000. Allworth Financial LP boosted its stake in shares of Cboe Global Markets by 75.3% in the fourth quarter. Allworth Financial LP now owns 170 shares of the company’s stock valued at $30,000 after buying an additional 73 shares during the period. Finally, ORG Partners LLC acquired a new stake in Cboe Global Markets during the fourth quarter worth approximately $31,000. Institutional investors and hedge funds own 81.73% of the company’s stock.

Cboe Global Markets Stock Performance

CBOE opened at $186.14 on Friday. The company has a market capitalization of $19.74 billion, a price-to-earnings ratio of 95.95 and a beta of 0.61. The business’s 50-day moving average price is $175.26 and its two-hundred day moving average price is $180.73. Cboe Global Markets has a 1 year low of $103.82 and a 1 year high of $139.00. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings data on Friday, May 3rd. The company reported $2.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.11. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The business had revenue of $502.10 million during the quarter, compared to the consensus estimate of $504.80 million. During the same period last year, the company earned $1.90 earnings per share. Cboe Global Markets’s quarterly revenue was up 6.5% on a year-over-year basis. Equities analysts expect that Cboe Global Markets will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 31st were paid a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a yield of 1.18%. The ex-dividend date of this dividend was Friday, May 31st. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

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.