Cboe Global Markets, Inc. (BATS:CBOE) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Cboe Global Markets, Inc. (BATS:CBOE) have received a consensus rating of “Moderate Buy” from the nine analysts that are covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $183.78.

CBOE has been the topic of a number of recent research reports. Barclays dropped their target price on Cboe Global Markets from $204.00 to $200.00 and set an “overweight” rating on the stock in a research report on Monday, February 5th. 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 report on Friday, January 12th. 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 report on Monday, February 5th. Finally, 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 report on Monday, February 5th.

Insider Activity at Cboe Global Markets

In related news, EVP Dave Howson sold 5,322 shares of the stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $186.96, for a total value of $995,001.12. Following the completion of the transaction, the executive vice president now directly owns 17,573 shares of the company’s stock, valued at approximately $3,285,448.08. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.51% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Clear Street Markets LLC increased its stake in shares of Cboe Global Markets by 93.5% in the 1st quarter. Clear Street Markets LLC now owns 207 shares of the company’s stock worth $28,000 after acquiring an additional 100 shares during the last quarter. NBC Securities Inc. acquired a new stake in shares of Cboe Global Markets in the 3rd quarter worth $29,000. Optiver Holding B.V. acquired a new stake in shares of Cboe Global Markets in the 4th quarter worth $29,000. Farmers & Merchants Trust Co of Chambersburg PA acquired a new stake in shares of Cboe Global Markets in the 4th quarter worth $30,000. Finally, Allworth Financial LP increased its stake 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 worth $30,000 after acquiring an additional 73 shares during the last quarter. 81.73% of the stock is owned by institutional investors and hedge funds.

Cboe Global Markets Price Performance

Shares of BATS CBOE opened at $179.88 on Friday. The business’s 50 day moving average price is $186.06 and its 200 day moving average price is $175.36. The firm has a market cap of $19.08 billion, a P/E ratio of 92.72 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 quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60.

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

Cboe Global Markets Announces Dividend

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 dividend on an annualized basis and a dividend yield of 1.22%. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

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.