Cboe Global Markets (BATS:CBOE) Price Target Increased to $215.00 by Analysts at Barclays

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

A number of other research firms have also weighed in on CBOE. Citigroup increased their target price 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. Morgan Stanley reaffirmed an equal weight rating and issued a $199.00 price target (down previously from $211.00) on shares of Cboe Global Markets in a research note on Tuesday, April 9th. Oppenheimer reissued an outperform rating and issued a $206.00 price objective on shares of Cboe Global Markets in a research report on Monday. Bank of America raised their target price on shares of Cboe Global Markets from $200.00 to $204.00 and gave the stock a buy rating in a research report on Friday, April 19th. Finally, Keefe, Bruyette & Woods reiterated a market perform rating and issued a $197.00 price target on shares of Cboe Global Markets in a report on Thursday, April 4th. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, Cboe Global Markets has an average rating of Hold and an average target price of $191.00.

Cboe Global Markets Stock Down 1.5 %

Shares of CBOE opened at $182.65 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 business has a fifty day moving average of $181.58 and a 200 day moving average of $180.10. The company has a market cap of $19.37 billion, a PE ratio of 94.15 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.

Cboe Global Markets (BATS:CBOE) last released its earnings results on Friday, May 3rd. The company reported $2.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.11. The firm had revenue of $502.10 million during the quarter, compared to analyst estimates of $504.80 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business’s revenue was up 6.5% on a year-over-year basis. During the same quarter last year, the business earned $1.90 EPS. On average, sell-side analysts expect that Cboe Global Markets will post 6.41 EPS for the current year.

Insiders Place Their Bets

In other news, EVP Dave Howson sold 5,322 shares of the firm’s 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 sale, the executive vice president now owns 17,573 shares of the company’s stock, valued at approximately $3,285,448.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.51% of the company’s stock.

Institutional Trading of Cboe Global Markets

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Metis Global Partners LLC lifted its stake in Cboe Global Markets by 12.7% in the 3rd quarter. Metis Global Partners LLC now owns 5,239 shares of the company’s stock worth $818,000 after purchasing an additional 592 shares in the last quarter. Exencial Wealth Advisors LLC increased its stake in shares of Cboe Global Markets by 17.7% in the 3rd quarter. Exencial Wealth Advisors LLC now owns 3,427 shares of the company’s stock worth $535,000 after acquiring an additional 516 shares during the last quarter. Monument Capital Management acquired a new position in shares of Cboe Global Markets during the 4th quarter valued at about $215,000. Illinois Municipal Retirement Fund grew its holdings in shares of Cboe Global Markets by 30.8% in the fourth quarter. Illinois Municipal Retirement Fund now owns 8,004 shares of the company’s stock valued at $1,429,000 after purchasing an additional 1,883 shares during the period. Finally, McGuire Investment Group LLC increased its position in Cboe Global Markets by 0.9% during the fourth quarter. McGuire Investment Group LLC now owns 94,024 shares of the company’s stock worth $16,789,000 after purchasing an additional 867 shares during the last quarter. 81.73% of the stock is owned by institutional investors and hedge funds.

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.