Cboe Global Markets (BATS:CBOE) Given New $205.00 Price Target at Rosenblatt Securities

Cboe Global Markets (BATS:CBOE) had its price target raised by Rosenblatt Securities from $200.00 to $205.00 in a report issued on Monday, Benzinga reports. The firm currently has a buy rating on the stock.

Several other research analysts have also recently issued reports on the company. Oppenheimer reaffirmed an outperform rating and set a $206.00 price objective on shares of Cboe Global Markets in a research report on Monday. Keefe, Bruyette & Woods reiterated a market perform rating and issued a $197.00 price target on shares of Cboe Global Markets in a research note on Thursday, April 4th. Barclays boosted their price objective on shares of Cboe Global Markets from $200.00 to $211.00 and gave the stock an overweight rating in a research report on Monday, April 8th. Morgan Stanley reissued an equal weight rating and issued a $199.00 price target (down from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Finally, Bank of America raised their price objective on Cboe Global Markets from $200.00 to $204.00 and gave the stock a buy rating in a report on Friday, April 19th. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of Hold and a consensus target price of $191.00.

Cboe Global Markets Stock Performance

Shares of Cboe Global Markets stock opened at $182.53 on Monday. The business has a 50-day simple moving average of $182.47 and a 200-day simple moving average of $179.75. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. Cboe Global Markets has a one year low of $103.82 and a one year high of $139.00. The company has a market cap of $19.36 billion, a PE ratio of 94.09 and a beta of 0.61.

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

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders 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 yield of 1.21%. Cboe Global Markets’s payout ratio is 98.97%.

Insider Activity

In other Cboe Global Markets news, EVP Dave Howson sold 5,322 shares of the company’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $186.96, for a total transaction of $995,001.12. Following the completion of the transaction, the executive vice president now owns 17,573 shares in the company, valued at approximately $3,285,448.08. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.51% of the company’s stock.

Institutional Trading of Cboe Global Markets

Institutional investors have recently modified their holdings of the business. Commonwealth Equity Services LLC grew its position in Cboe Global Markets by 46.3% during the third quarter. Commonwealth Equity Services LLC now owns 22,594 shares of the company’s stock worth $3,529,000 after buying an additional 7,152 shares during the period. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Cboe Global Markets by 3.1% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 9,199 shares of the company’s stock worth $1,437,000 after acquiring an additional 279 shares during the period. Pinnacle Associates Ltd. purchased a new position in Cboe Global Markets in the 3rd quarter valued at approximately $203,000. Forsta AP Fonden raised its holdings in Cboe Global Markets by 4.4% during the third quarter. Forsta AP Fonden now owns 18,800 shares of the company’s stock worth $2,937,000 after purchasing an additional 800 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Cboe Global Markets by 8.5% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 54,919 shares of the company’s stock worth $8,593,000 after purchasing an additional 4,325 shares in the last quarter. 81.73% of the stock is currently owned by hedge funds and other institutional investors.

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.