Cboe Global Markets, Inc. (BATS:CBOE) Receives $187.36 Consensus PT from Analysts

Cboe Global Markets, Inc. (BATS:CBOE) has earned an average recommendation of “Hold” from the eleven research firms that are currently covering the stock, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $190.18.

A number of research analysts have recently weighed in on the stock. Citigroup raised their price target on shares of Cboe Global Markets from $170.00 to $188.00 and gave the company a “neutral” rating in a report on Friday, January 12th. Keefe, Bruyette & Woods restated a “market perform” rating and set a $197.00 price target on shares of Cboe Global Markets in a report on Thursday, April 4th. Bank of America raised their price target on shares of Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a report on Friday. Rosenblatt Securities raised their price target on shares of Cboe Global Markets from $192.00 to $200.00 and gave the company a “buy” rating in a report on Monday, February 5th. Finally, Morgan Stanley restated an “equal weight” rating and set a $199.00 price target (down previously from $211.00) on shares of Cboe Global Markets in a report on Tuesday, April 9th.

Insiders Place Their Bets

In other Cboe Global Markets news, EVP Dave Howson sold 5,322 shares of the firm’s stock in a transaction on Tuesday, February 20th. The shares were 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 approximately $3,285,448.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.51% of the company’s stock.

Hedge Funds Weigh In On Cboe Global Markets

Hedge funds and other institutional investors have recently made changes to their positions in the business. Metis Global Partners LLC lifted its holdings in shares of Cboe Global Markets by 12.7% during the 3rd quarter. Metis Global Partners LLC now owns 5,239 shares of the company’s stock worth $818,000 after acquiring an additional 592 shares during the period. Exencial Wealth Advisors LLC lifted its holdings in Cboe Global Markets by 17.7% during the 3rd quarter. Exencial Wealth Advisors LLC now owns 3,427 shares of the company’s stock valued at $535,000 after purchasing an additional 516 shares during the last quarter. McGuire Investment Group LLC lifted its holdings in Cboe Global Markets by 0.9% during the 4th quarter. McGuire Investment Group LLC now owns 94,024 shares of the company’s stock valued at $16,789,000 after purchasing an additional 867 shares during the last quarter. BKM Wealth Management LLC bought a new position in Cboe Global Markets during the 4th quarter valued at about $33,000. Finally, Seelaus Asset Management LLC bought a new position in Cboe Global Markets during the 4th quarter valued at about $352,000. 81.73% of the stock is owned by institutional investors.

Cboe Global Markets Stock Up 1.6 %

CBOE stock opened at $180.40 on Wednesday. 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. The company has a market cap of $19.13 billion, a price-to-earnings ratio of 92.99 and a beta of 0.61. The company has a 50 day moving average of $184.33 and a two-hundred day moving average of $178.23.

Cboe Global Markets (BATS:CBOE) last released its earnings results on Friday, February 2nd. The company reported $2.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.02. The company had revenue of $499.00 million during the quarter, compared to the consensus estimate of $510.65 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 9.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.80 EPS. On average, equities analysts anticipate that Cboe Global Markets will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Dividend Announcement

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