Analysts Set Cboe Global Markets, Inc. (BATS:CBOE) PT at $315.30

Cboe Global Markets, Inc. (BATS:CBOE) has earned an average recommendation of “Hold” from the thirteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $315.30.

Several brokerages recently issued reports on CBOE. Erste Group Bank cut Cboe Global Markets from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. Loop Capital set a $380.00 price target on Cboe Global Markets in a research report on Monday, August 3rd. Zacks Research cut Cboe Global Markets from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 8th. Morgan Stanley reaffirmed an “underweight” rating and set a $258.00 price objective on shares of Cboe Global Markets in a research report on Friday, July 10th. Finally, Barclays boosted their target price on shares of Cboe Global Markets from $347.00 to $354.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd.

Insider Buying and Selling at Cboe Global Markets

In related news, Director Janet P. Froetscher sold 1,223 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $358.09, for a total value of $437,944.07. Following the completion of the transaction, the director owned 13,807 shares in the company, valued at $4,944,148.63. This trade represents a 8.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.51% of the stock is owned by company insiders.

Hedge Funds Weigh In On Cboe Global Markets

Large investors have recently bought and sold shares of the business. Oregon Public Employees Retirement Fund grew its holdings in Cboe Global Markets by 0.3% in the first quarter. Oregon Public Employees Retirement Fund now owns 11,993 shares of the company’s stock valued at $3,371,000 after purchasing an additional 33 shares during the period. SHUTTLEWORTH & Co grew its holdings in shares of Cboe Global Markets by 0.5% during the 4th quarter. SHUTTLEWORTH & Co now owns 8,339 shares of the company’s stock worth $2,093,000 after purchasing an additional 41 shares during the period. Arkadios Wealth Advisors increased its position in Cboe Global Markets by 4.7% during the 1st quarter. Arkadios Wealth Advisors now owns 905 shares of the company’s stock worth $254,000 after purchasing an additional 41 shares in the last quarter. Norinchukin Bank The raised its holdings in Cboe Global Markets by 0.7% in the third quarter. Norinchukin Bank The now owns 5,884 shares of the company’s stock valued at $1,443,000 after buying an additional 42 shares during the period. Finally, Centaurus Financial Inc. lifted its position in Cboe Global Markets by 1.0% during the first quarter. Centaurus Financial Inc. now owns 4,048 shares of the company’s stock valued at $1,138,000 after buying an additional 42 shares in the last quarter. Institutional investors and hedge funds own 81.73% of the company’s stock.

Cboe Global Markets Price Performance

Shares of Cboe Global Markets stock opened at $286.58 on Friday. The stock has a 50 day moving average price of $274.21 and a 200-day moving average price of $291.36. Cboe Global Markets has a one year low of $227.15 and a one year high of $371.18. The stock has a market cap of $30.40 billion, a price-to-earnings ratio of 147.72 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 (BATS:CBOE) last released its earnings results on Friday, July 31st. The company reported $3.56 EPS for the quarter, beating analysts’ consensus estimates of $3.49 by $0.07. The firm had revenue of $731.60 million for the quarter, compared to analysts’ expectations of $716.61 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The company’s quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.46 earnings per share. Equities analysts expect that Cboe Global Markets will post 6.41 EPS for the current year.

Cboe Global Markets Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were paid a $0.72 dividend. The ex-dividend date was Friday, May 29th. This represents a $2.88 dividend on an annualized basis and a yield of 1.0%. Cboe Global Markets’s dividend payout ratio (DPR) 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. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.