Cboe Global Markets (BATS:CBOE) Hits New 1-Year High – Time to Buy?

Shares of Cboe Global Markets, Inc. (BATS:CBOE) reached a new 52-week high during trading on Monday . The stock traded as high as $194.36 and last traded at $211.41, with a volume of 1780143 shares traded. The stock had previously closed at $193.37.

Analyst Ratings Changes

Several research analysts have weighed in on CBOE shares. Deutsche Bank Aktiengesellschaft upgraded shares of Cboe Global Markets from a “hold” rating to a “buy” rating and upped their price objective for the company from $212.00 to $222.00 in a research note on Monday, November 11th. Morgan Stanley downgraded shares of Cboe Global Markets from an “equal weight” rating to an “underweight” rating and set a $199.00 price target on the stock. in a research note on Wednesday, November 6th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $220.00 price target on shares of Cboe Global Markets in a research note on Monday, November 4th. Finally, Barclays cut their price objective on shares of Cboe Global Markets from $239.00 to $230.00 and set an “overweight” rating on the stock in a research report on Monday, November 4th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $211.36.

Cboe Global Markets Stock Up 11.1 %

The stock has a market capitalization of $22.78 billion, a P/E ratio of 108.95 and a beta of 0.61. 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 firm has a 50 day moving average of $201.30 and a 200-day moving average of $205.45.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.13 by ($0.03). Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. On average, equities research analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Cboe Global Markets

Several large investors have recently modified their holdings of the stock. Landscape Capital Management L.L.C. grew its position in Cboe Global Markets by 2.9% in the third quarter. Landscape Capital Management L.L.C. now owns 1,850 shares of the company’s stock valued at $379,000 after acquiring an additional 52 shares during the period. Empirical Finance LLC lifted its position in Cboe Global Markets by 2.1% during the 3rd quarter. Empirical Finance LLC now owns 3,649 shares of the company’s stock worth $748,000 after buying an additional 74 shares in the last quarter. Farther Finance Advisors LLC increased its position in Cboe Global Markets by 11.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 777 shares of the company’s stock valued at $159,000 after acquiring an additional 81 shares in the last quarter. Oppenheimer & Co. Inc. boosted its stake in Cboe Global Markets by 1.9% in the third quarter. Oppenheimer & Co. Inc. now owns 9,471 shares of the company’s stock valued at $1,940,000 after acquiring an additional 179 shares during the last quarter. Finally, Prospector Partners LLC boosted its position in shares of Cboe Global Markets by 0.3% in the 3rd quarter. Prospector Partners LLC now owns 55,430 shares of the company’s stock worth $11,356,000 after purchasing an additional 180 shares during the last quarter. 81.73% of the stock is currently owned by institutional investors.

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.