Cboe Global Markets (NASDAQ:CBOE) Price Target Raised to $251.00

Cboe Global Markets (NASDAQ:CBOE) had its target price boosted by Bank of America from $245.00 to $251.00 in a research note released on Monday morning,Benzinga reports. The brokerage currently has a buy rating on the stock.

CBOE has been the subject of a number of other reports. Barclays boosted their price objective on Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a research note on Monday. William Blair started coverage on shares of Cboe Global Markets in a research report on Thursday, January 9th. They issued a “market perform” rating for the company. Jefferies Financial Group lowered their target price on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research note on Thursday, January 9th. Keefe, Bruyette & Woods cut their price target on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a research note on Monday, January 13th. Finally, Oppenheimer lowered their price objective on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research report on Monday, January 13th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Cboe Global Markets currently has an average rating of “Hold” and a consensus price target of $206.86.

Cboe Global Markets Trading Up 1.9 %

CBOE opened at $212.04 on Monday. Cboe Global Markets has a 12-month low of $166.13 and a 12-month high of $221.66. The stock has a market capitalization of $22.20 billion, a P/E ratio of 28.89, a price-to-earnings-growth ratio of 2.14 and a beta of 0.68. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39. The business has a 50 day simple moving average of $199.40.

Cboe Global Markets (NASDAQ:CBOE) last issued its quarterly earnings data on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a net margin of 19.65% and a return on equity of 22.33%. During the same quarter in the prior year, the company posted $2.06 EPS. As a group, analysts predict that Cboe Global Markets will post 8.64 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date is Friday, February 28th. Cboe Global Markets’s payout ratio is 34.33%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of CBOE. Lee Danner & Bass Inc. purchased a new position in shares of Cboe Global Markets in the 4th quarter worth $29,000. Kestra Investment Management LLC bought a new stake in Cboe Global Markets during the fourth quarter worth approximately $31,000. Sugar Maple Asset Management LLC purchased a new stake in Cboe Global Markets during the fourth quarter valued at approximately $36,000. Generali Asset Management SPA SGR bought a new stake in shares of Cboe Global Markets in the 4th quarter valued at approximately $37,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of Cboe Global Markets in the 4th quarter worth approximately $39,000. 82.67% of the stock is owned by hedge funds and other institutional investors.

Cboe Global Markets Company Profile

Cboe Global Markets, Inc is one of the largest stock exchange operators by volume in the United States and a leading market globally for ETP trading. Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the VIX Index.