Cboe Global Markets (BATS:CBOE) Price Target Increased to $204.00 by Analysts at Bank of America

Cboe Global Markets (BATS:CBOE) had its price target boosted by Bank of America from $200.00 to $204.00 in a research note published on Friday, Benzinga reports. The firm currently has a buy rating on the stock.

Several other analysts have also issued reports on the company. Keefe, Bruyette & Woods reissued a market perform rating and set a $197.00 price target on shares of Cboe Global Markets in a report on Thursday, April 4th. Citigroup upped their price objective on Cboe Global Markets from $170.00 to $188.00 and gave the stock a neutral rating in a research note on Friday, January 12th. Rosenblatt Securities upped their price objective on Cboe Global Markets from $192.00 to $200.00 and gave the stock a buy rating in a research note on Monday, February 5th. Oppenheimer upped their price objective on Cboe Global Markets from $201.00 to $206.00 and gave the stock an outperform rating in a research note on Monday, February 5th. Finally, Morgan Stanley reaffirmed an equal weight rating and issued a $199.00 price objective (down previously from $211.00) on shares of Cboe Global Markets in a research note on Tuesday, April 9th. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of Hold and a consensus price target of $190.18.

Cboe Global Markets Stock Up 1.6 %

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

Cboe Global Markets (BATS:CBOE) last released its quarterly earnings results on Friday, February 2nd. The company reported $2.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.04 by $0.02. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The business had revenue of $499.00 million during the quarter, compared to analyst estimates of $510.65 million. During the same quarter in the previous year, the company posted $1.80 earnings per share. Cboe Global Markets’s revenue for the quarter was up 9.2% on a year-over-year basis. As a group, sell-side analysts predict that Cboe Global Markets will post 6.41 EPS for the current year.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were given a dividend of $0.55 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $2.20 dividend on an annualized basis and a yield of 1.22%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, EVP Dave Howson sold 5,322 shares of the company’s stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $186.96, for a total transaction of $995,001.12. Following the sale, the executive vice president now directly owns 17,573 shares in the company, valued at $3,285,448.08. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.51% of the company’s stock.

Institutional Investors Weigh In On Cboe Global Markets

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Clear Street Markets LLC raised its holdings in shares of Cboe Global Markets by 93.5% in the first quarter. Clear Street Markets LLC now owns 207 shares of the company’s stock worth $28,000 after buying an additional 100 shares during the period. NBC Securities Inc. purchased a new stake in shares of Cboe Global Markets in the third quarter worth approximately $29,000. Optiver Holding B.V. purchased a new stake in shares of Cboe Global Markets in the fourth quarter worth approximately $29,000. Farmers & Merchants Trust Co of Chambersburg PA purchased a new stake in shares of Cboe Global Markets in the fourth quarter worth approximately $30,000. Finally, Allworth Financial LP raised its holdings in shares of Cboe Global Markets by 75.3% in the fourth quarter. Allworth Financial LP now owns 170 shares of the company’s stock worth $30,000 after buying an additional 73 shares during the period. 81.73% of the stock is currently owned by hedge funds and other institutional investors.

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.