Cboe Global Markets (BATS:CBOE) PT Raised to $205.00 at Rosenblatt Securities

Cboe Global Markets (BATS:CBOE) had its price objective upped by equities researchers at Rosenblatt Securities from $200.00 to $205.00 in a note issued to investors on Monday, Benzinga reports. The firm currently has a “buy” rating on the stock. Rosenblatt Securities’ target price points to a potential upside of 11.24% from the company’s current price.

A number of other analysts have also commented on the stock. Citigroup boosted their price objective on shares of Cboe Global Markets from $170.00 to $188.00 and gave the stock a “neutral” rating in a research report on Friday, January 12th. Barclays increased their price target on Cboe Global Markets from $200.00 to $211.00 and gave the company an “overweight” rating in a research report on Monday, April 8th. 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 restated a “market perform” rating and set a $197.00 target price on shares of Cboe Global Markets in a report on Thursday, April 4th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $206.00 price target on shares of Cboe Global Markets in a research report on Monday. Seven analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, Cboe Global Markets presently has a consensus rating of “Hold” and an average price target of $191.00.

Cboe Global Markets Price Performance

Shares of CBOE opened at $184.28 on Monday. The stock has a market cap of $19.55 billion, a P/E ratio of 94.99 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 stock’s 50-day moving average price is $182.19 and its two-hundred day moving average price is $179.89. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60.

Cboe Global Markets (BATS:CBOE) last posted its earnings results on Friday, May 3rd. The company reported $2.15 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $502.10 million during the quarter, compared to analysts’ expectations of $504.80 million. During the same period in the previous year, the firm earned $1.90 earnings per share. The company’s revenue was up 6.5% on a year-over-year basis. On average, equities analysts predict that Cboe Global Markets will post 6.41 earnings per share for the current year.

Insider Activity

In related news, EVP Dave Howson sold 8,314 shares of Cboe Global Markets stock in a transaction that occurred on Friday, February 9th. The shares were 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 directly owns 17,573 shares in the company, valued at approximately $3,231,323.24. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.51% of the stock is owned by corporate insiders.

Institutional Trading of Cboe Global Markets

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. FinTrust Capital Advisors LLC boosted 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 valued at $25,000 after acquiring an additional 85 shares during the last quarter. NBC Securities Inc. bought a new stake in Cboe Global Markets in the third quarter valued at $29,000. Optiver Holding B.V. acquired a new position in shares of Cboe Global Markets during the fourth quarter valued at about $29,000. Farmers & Merchants Trust Co of Chambersburg PA bought a new position in shares of Cboe Global Markets during the 4th quarter worth about $30,000. Finally, Allworth Financial LP grew its stake in shares of Cboe Global Markets by 75.3% in the 4th 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. Institutional investors and hedge funds 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.