Cboe Global Markets, Inc. (BATS:CBOE) Receives $187.36 Consensus Price Target from Brokerages

Shares of Cboe Global Markets, Inc. (BATS:CBOE) have earned a consensus rating of “Hold” from the eleven ratings firms that are covering the company, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $190.18.

CBOE has been the subject of a number of recent research reports. Bank of America lifted their price objective on Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a research note on Friday. Rosenblatt Securities lifted their price objective on Cboe Global Markets from $192.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, February 5th. Morgan Stanley reiterated an “equal weight” rating and set a $199.00 price objective (down previously from $211.00) on shares of Cboe Global Markets in a research note on Tuesday, April 9th. Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $197.00 price objective on shares of Cboe Global Markets in a research note on Thursday, April 4th. Finally, Citigroup lifted their price target on Cboe Global Markets from $170.00 to $188.00 and gave the company a “neutral” rating in a research note on Friday, January 12th.

Insider Buying and Selling at Cboe Global Markets

In other news, EVP Dave Howson sold 8,314 shares of the company’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $183.88, for a total transaction of $1,528,778.32. Following the sale, the executive vice president now owns 17,573 shares of the company’s stock, valued at $3,231,323.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.51% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Cboe Global Markets

Several large investors have recently bought and sold shares of CBOE. Private Advisor Group LLC increased its holdings in Cboe Global Markets by 36.0% in the first quarter. Private Advisor Group LLC now owns 3,099 shares of the company’s stock valued at $355,000 after buying an additional 820 shares during the last quarter. MetLife Investment Management LLC increased its holdings in Cboe Global Markets by 23.1% in the first quarter. MetLife Investment Management LLC now owns 29,009 shares of the company’s stock valued at $3,319,000 after buying an additional 5,448 shares during the last quarter. Panagora Asset Management Inc. boosted its stake in Cboe Global Markets by 0.9% in the first quarter. Panagora Asset Management Inc. now owns 11,869 shares of the company’s stock valued at $1,358,000 after acquiring an additional 110 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in Cboe Global Markets by 6.6% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,269 shares of the company’s stock valued at $1,633,000 after acquiring an additional 883 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in Cboe Global Markets by 4.1% in the first quarter. Dimensional Fund Advisors LP now owns 553,273 shares of the company’s stock valued at $63,307,000 after acquiring an additional 22,032 shares in the last quarter. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Stock Up 1.6 %

Cboe Global Markets stock opened at $180.40 on Wednesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The stock has a market capitalization of $19.13 billion, a price-to-earnings ratio of 92.99 and a beta of 0.61. Cboe Global Markets has a 1-year low of $103.82 and a 1-year high of $139.00. The business has a fifty day moving average price of $184.33 and a 200-day moving average price of $178.23.

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

Cboe Global Markets Announces Dividend

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