Cboe Global Markets (BATS:CBOE) Rating Reiterated by Oppenheimer

Oppenheimer reaffirmed their outperform rating on shares of Cboe Global Markets (BATS:CBOE) in a report published on Monday, Benzinga reports. They currently have a $206.00 price target on the stock.

Several other equities research analysts also recently weighed in on the company. Barclays raised their price objective on Cboe Global Markets from $200.00 to $211.00 and gave the company an overweight rating in a report on Monday, April 8th. Rosenblatt Securities lifted their price target on Cboe Global Markets from $192.00 to $200.00 and gave the company a buy rating in a research note on Monday, February 5th. Bank of America upped their price objective on Cboe Global Markets from $200.00 to $204.00 and gave the company a buy rating in a research note on Friday, April 19th. Morgan Stanley reiterated an equal weight rating and set a $199.00 target price (down from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Finally, Citigroup boosted their target price on shares of Cboe Global Markets from $170.00 to $188.00 and gave the stock a neutral rating in a report on Friday, January 12th. Seven analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Cboe Global Markets has an average rating of Hold and an average price target of $191.00.

Cboe Global Markets Stock Performance

Cboe Global Markets stock opened at $185.44 on Monday. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. The stock has a market cap of $19.67 billion, a PE ratio of 95.59 and a beta of 0.61. Cboe Global Markets has a 12-month low of $103.82 and a 12-month high of $139.00. The business’s 50-day moving average price is $181.97 and its two-hundred day moving average price is $180.05.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings results on Friday, May 3rd. The company reported $2.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.04 by $0.11. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The company had revenue of $502.10 million for the quarter, compared to analyst estimates of $504.80 million. During the same period in the previous year, the firm posted $1.90 EPS. The firm’s revenue was up 6.5% on a year-over-year basis. As a group, analysts expect that Cboe Global Markets will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The company also recently disclosed 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. This represents a $2.20 annualized dividend and a dividend yield of 1.19%. The ex-dividend date was Wednesday, February 28th. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

Insider Buying and Selling

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

Institutional Investors Weigh In On Cboe Global Markets

Several large investors have recently added to or reduced their stakes in the business. FinTrust Capital Advisors LLC raised its holdings 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 during the period. NBC Securities Inc. bought a new stake in Cboe Global Markets in the 3rd quarter valued at about $29,000. Optiver Holding B.V. acquired a new position in Cboe Global Markets during the 4th quarter worth approximately $29,000. Farmers & Merchants Trust Co of Chambersburg PA bought a new position in Cboe Global Markets in the fourth quarter worth approximately $30,000. Finally, Allworth Financial LP grew its stake in Cboe Global Markets by 75.3% in the fourth 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. Institutional investors and hedge funds own 81.73% of the company’s stock.

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.