Cboe Global Markets, Inc. (NASDAQ:CBOE) Receives $206.86 Consensus Price Target from Analysts

Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) have received an average rating of “Hold” from the eight brokerages that are currently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $206.86.

Several brokerages have commented on CBOE. Jefferies Financial Group dropped their target price on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday, January 9th. William Blair assumed coverage on shares of Cboe Global Markets in a research report on Thursday, January 9th. They issued a “market perform” rating on the stock. Bank of America increased their target price on Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a report on Monday, February 10th. Barclays boosted their price target on Cboe Global Markets from $212.00 to $216.00 and gave the company an “equal weight” rating in a report on Monday, February 10th. Finally, Keefe, Bruyette & Woods decreased their price objective on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a report on Monday, January 13th.

Insiders Place Their Bets

In related news, CAO Allen Wilkinson sold 228 shares of the firm’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $211.12, for a total value of $48,135.36. Following the completion of the transaction, the chief accounting officer now directly owns 248 shares of the company’s stock, valued at approximately $52,357.76. This trade represents a 47.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Adam Inzirillo sold 200 shares of the business’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $209.67, for a total transaction of $41,934.00. Following the transaction, the executive vice president now owns 1,993 shares in the company, valued at approximately $417,872.31. The trade was a 9.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 11,544 shares of company stock valued at $2,380,529 in the last 90 days. 0.22% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Cboe Global Markets

Several hedge funds have recently bought and sold shares of CBOE. Lee Danner & Bass Inc. bought a new stake in Cboe Global Markets in the fourth quarter valued at approximately $29,000. Greenline Partners LLC acquired a new position in shares of Cboe Global Markets during the 4th quarter worth approximately $29,000. Kestra Investment Management LLC bought a new stake in Cboe Global Markets in the 4th quarter valued at $31,000. Sugar Maple Asset Management LLC acquired a new stake in Cboe Global Markets during the 4th quarter valued at $36,000. Finally, Generali Asset Management SPA SGR bought a new position in Cboe Global Markets during the fourth quarter worth $37,000. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Stock Up 1.1 %

Shares of NASDAQ CBOE opened at $220.27 on Tuesday. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets has a twelve month low of $166.13 and a twelve month high of $223.51. The stock’s fifty day moving average price is $209.24. The company has a market capitalization of $23.06 billion, a PE ratio of 30.51, a price-to-earnings-growth ratio of 1.75 and a beta of 0.67.

Cboe Global Markets (NASDAQ:CBOE) last posted its earnings results on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a net margin of 18.64% and a return on equity of 22.02%. During the same period last year, the firm earned $2.06 earnings per share. On average, research analysts anticipate that Cboe Global Markets will post 8.96 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a dividend of $0.63 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.52 annualized dividend and a yield of 1.14%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.90%.

About Cboe Global Markets

Cboe Global Markets, Inc is one of the largest stock exchange operators by volume in the United States and a leading market globally for ETP trading. Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the VIX Index.