Cboe Global Markets, Inc. (BATS:CBOE) Receives $140.25 Average Price Target from Brokerages

Cboe Global Markets, Inc. (BATS:CBOE – Get Rating) has been given a consensus recommendation of “Hold” by the eleven brokerages that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $140.25.

CBOE has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods boosted their price target on shares of Cboe Global Markets from $137.00 to $140.00 and gave the stock a “market perform” rating in a research report on Thursday, January 12th. JPMorgan Chase & Co. dropped their price target on shares of Cboe Global Markets from $131.00 to $125.00 and set an “underweight” rating on the stock in a research report on Monday, January 9th. Credit Suisse Group upgraded shares of Cboe Global Markets from a “neutral” rating to an “outperform” rating and lowered their price objective for the company from $159.00 to $144.00 in a research note on Thursday, January 5th. Rosenblatt Securities lifted their price objective on shares of Cboe Global Markets from $168.00 to $175.00 and gave the company a “buy” rating in a research note on Monday, February 6th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Cboe Global Markets from $144.00 to $142.00 in a research note on Wednesday, January 11th.

Cboe Global Markets Stock Up 1.3 %

Shares of BATS CBOE opened at $125.55 on Tuesday. The company has a market capitalization of $13.32 billion, a P/E ratio of 64.72 and a beta of 0.61. Cboe Global Markets has a 52-week low of $103.82 and a 52-week high of $139.00. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. The company’s 50 day moving average price is $124.75 and its 200-day moving average price is $123.38.

Cboe Global Markets (BATS:CBOE – Get Rating) last issued its quarterly earnings results on Friday, February 3rd. The company reported $1.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.76 by $0.04. The firm had revenue of $457.10 million for the quarter, compared to the consensus estimate of $458.64 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The company’s revenue for the quarter was up 17.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.70 EPS. Equities analysts forecast that Cboe Global Markets will post 6.41 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 15th. Shareholders of record on Tuesday, February 28th were paid a dividend of $0.50 per share. The ex-dividend date was Monday, February 27th. This represents a $2.00 dividend on an annualized basis and a yield of 1.59%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

Institutional Trading of Cboe Global Markets

Hedge funds and other institutional investors have recently bought and sold shares of the business. O Shaughnessy Asset Management LLC bought a new stake in Cboe Global Markets during the 2nd quarter valued at $553,000. Federated Hermes Inc. increased its stake in Cboe Global Markets by 54.3% during the 3rd quarter. Federated Hermes Inc. now owns 53,585 shares of the company’s stock valued at $6,289,000 after purchasing an additional 18,867 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Cboe Global Markets by 3.5% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 52,199 shares of the company’s stock valued at $6,118,000 after purchasing an additional 1,741 shares in the last quarter. Martingale Asset Management L P boosted its holdings in Cboe Global Markets by 7.3% during the 3rd quarter. Martingale Asset Management L P now owns 148,787 shares of the company’s stock worth $17,465,000 after acquiring an additional 10,138 shares during the last quarter. Finally, National Bank of Canada FI boosted its holdings in Cboe Global Markets by 611.1% during the 3rd quarter. National Bank of Canada FI now owns 174,181 shares of the company’s stock worth $20,448,000 after acquiring an additional 149,686 shares during the last quarter. Institutional investors own 81.73% of the company’s stock.

About Cboe Global Markets

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Cboe Global Markets, Inc engages in the provision of trading and investment solutions to investors. It operates through the following business segments: Options, North American Equities, Futures, Europe and Asia Pacific, Global FX, and Digital. The Options segment includes the options exchange business, which lists trading options on market indexes (index options), as well as on non-exclusive multiply listed options.