Cboe Global Markets, Inc. (BATS:CBOE) Receives $279.00 Consensus PT from Brokerages

Shares of Cboe Global Markets, Inc. (BATS:CBOE) have been given a consensus recommendation of “Hold” by the thirteen ratings firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is $279.00.

A number of research firms recently commented on CBOE. Royal Bank Of Canada restated a “sector perform” rating and issued a $303.00 price objective on shares of Cboe Global Markets in a report on Monday, February 9th. Zacks Research raised shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 30th. Loop Capital set a $317.00 price target on shares of Cboe Global Markets in a research note on Monday, February 9th. TD Cowen restated a “hold” rating on shares of Cboe Global Markets in a report on Wednesday, January 14th. Finally, Argus raised shares of Cboe Global Markets to a “hold” rating in a research note on Wednesday.

Cboe Global Markets Price Performance

CBOE opened at $289.90 on Tuesday. The stock has a fifty day moving average price of $277.70 and a 200 day moving average price of $256.90. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. Cboe Global Markets has a 1 year low of $200.88 and a 1 year high of $305.68. The stock has a market cap of $30.75 billion, a price-to-earnings ratio of 149.43 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last issued its earnings results on Friday, February 6th. The company reported $3.06 earnings per share for the quarter, topping the consensus estimate of $2.93 by $0.13. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%.The company had revenue of $671.10 million for the quarter, compared to analyst estimates of $659.59 million. 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 declared a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were given a $0.72 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.0%. Cboe Global Markets’s payout ratio is currently 98.97%.

Insider Transactions at Cboe Global Markets

In related news, CAO Allen Wilkinson sold 248 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $292.79, for a total value of $72,611.92. Following the completion of the sale, the chief accounting officer directly owned 410 shares in the company, valued at approximately $120,043.90. The trade was a 37.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Alexander Matturri, Jr. sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $285.36, for a total value of $428,040.00. Following the sale, the director directly owned 4,761 shares of the company’s stock, valued at $1,358,598.96. The trade was a 23.96% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 5,695 shares of company stock worth $1,628,981. 0.51% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Cboe Global Markets

A number of institutional investors have recently modified their holdings of CBOE. World Investment Advisors boosted its holdings in shares of Cboe Global Markets by 49.3% during the 4th quarter. World Investment Advisors now owns 2,078 shares of the company’s stock worth $522,000 after buying an additional 686 shares during the period. Corient Private Wealth LLC raised its holdings in Cboe Global Markets by 3.2% in the 4th quarter. Corient Private Wealth LLC now owns 82,616 shares of the company’s stock worth $20,739,000 after acquiring an additional 2,575 shares during the period. Hsbc Holdings PLC raised its holdings in Cboe Global Markets by 1.7% in the 4th quarter. Hsbc Holdings PLC now owns 288,580 shares of the company’s stock worth $72,700,000 after acquiring an additional 4,744 shares during the period. Rehmann Capital Advisory Group lifted its position in Cboe Global Markets by 10.5% during the 4th quarter. Rehmann Capital Advisory Group now owns 2,182 shares of the company’s stock worth $549,000 after acquiring an additional 208 shares during the last quarter. Finally, DGS Capital Management LLC lifted its position in Cboe Global Markets by 28.8% during the 4th quarter. DGS Capital Management LLC now owns 1,193 shares of the company’s stock worth $299,000 after acquiring an additional 267 shares during the last quarter. Institutional investors own 81.73% of the company’s stock.

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. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.