Barclays Boosts Cboe Global Markets (BATS:CBOE) Price Target to $215.00

Cboe Global Markets (BATS:CBOE) had its price objective raised by Barclays from $211.00 to $215.00 in a research note released on Monday morning, Benzinga reports. They currently have an overweight rating on the stock.

A number of other analysts also recently issued reports on the stock. Rosenblatt Securities lifted their price target on shares of Cboe Global Markets from $200.00 to $205.00 and gave the company a buy rating in a report on Monday. Bank of America lifted their target price on Cboe Global Markets from $200.00 to $204.00 and gave the stock a buy rating in a report on Friday, April 19th. Morgan Stanley reissued an equal weight rating and set a $199.00 price target (down from $211.00) on shares of Cboe Global Markets in a research note on Tuesday, April 9th. Citigroup lifted 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. Finally, Keefe, Bruyette & Woods restated a market perform rating and set a $197.00 target price on shares of Cboe Global Markets in a research report on Thursday, April 4th. Seven research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of Hold and a consensus price target of $191.00.

Cboe Global Markets Stock Up 0.6 %

Shares of CBOE stock opened at $185.44 on Monday. The company has a market capitalization of $19.67 billion, a price-to-earnings ratio of 95.59 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 company’s fifty day moving average price is $181.97 and its 200-day moving average price is $180.05. Cboe Global Markets has a one year low of $103.82 and a one year high of $139.00.

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

Cboe Global Markets Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders 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 annualized dividend and a dividend yield of 1.19%. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

Insider Activity

In other Cboe Global Markets news, EVP Dave Howson sold 8,314 shares of the company’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $183.88, for a total value of $1,528,778.32. Following the transaction, the executive vice president now directly owns 17,573 shares in the company, valued at approximately $3,231,323.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.51% of the company’s stock.

Institutional Investors Weigh In On Cboe Global Markets

Several hedge funds have recently made changes to their positions in CBOE. FinTrust Capital Advisors LLC boosted its stake in shares of 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 purchasing an additional 85 shares in the last quarter. NBC Securities Inc. purchased a new stake in Cboe Global Markets during the third quarter worth $29,000. Optiver Holding B.V. purchased a new stake in Cboe Global Markets during the fourth quarter worth $29,000. Farmers & Merchants Trust Co of Chambersburg PA bought a new stake in Cboe Global Markets during the 4th quarter valued at $30,000. Finally, Allworth Financial LP increased its holdings 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 acquiring 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.