Cboe Global Markets (BATS:CBOE) PT Raised to $204.00 at Bank of America

Cboe Global Markets (BATS:CBOE) had its price target increased by Bank of America from $200.00 to $204.00 in a report issued on Friday, Benzinga reports. The firm currently has a buy rating on the stock.

A number of other research analysts also recently commented on the company. Morgan Stanley reaffirmed an equal weight rating and set a $199.00 target price (down previously from $211.00) on shares of Cboe Global Markets in a report on Tuesday, April 9th. Barclays raised their target price on Cboe Global Markets from $200.00 to $211.00 and gave the company an overweight rating in a research report on Monday, April 8th. Citigroup lifted their price target on Cboe Global Markets from $170.00 to $188.00 and gave the company a neutral rating in a research report on Friday, January 12th. Keefe, Bruyette & Woods reiterated a market perform rating and set a $197.00 price target on shares of Cboe Global Markets in a research report on Thursday, April 4th. Finally, Rosenblatt Securities raised their price objective on Cboe Global Markets from $192.00 to $200.00 and gave the stock a buy rating in a research note on Monday, February 5th. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of Hold and an average target price of $190.18.

Cboe Global Markets Price Performance

Shares of BATS CBOE opened at $180.66 on Friday. Cboe Global Markets has a 1-year low of $103.82 and a 1-year high of $139.00. The business has a 50-day moving average of $184.26 and a 200-day moving average of $178.66. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The company has a market capitalization of $19.16 billion, a price-to-earnings ratio of 93.12 and a beta of 0.61.

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

Cboe Global Markets Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were issued a dividend of $0.55 per share. The ex-dividend date was Wednesday, February 28th. This represents a $2.20 annualized dividend and a dividend yield of 1.22%. Cboe Global Markets’s dividend payout ratio is 98.97%.

Insider Buying and Selling

In other Cboe Global Markets news, EVP Dave Howson sold 5,322 shares of the firm’s stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $186.96, for a total transaction of $995,001.12. Following the transaction, the executive vice president now directly owns 17,573 shares in the company, valued at $3,285,448.08. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.51% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Cboe Global Markets

Several institutional investors have recently bought and sold shares of the stock. AE Wealth Management LLC grew its position in Cboe Global Markets by 2.8% during the third quarter. AE Wealth Management LLC now owns 11,443 shares of the company’s stock worth $1,787,000 after buying an additional 307 shares in the last quarter. Kentucky Retirement Systems bought a new stake in shares of Cboe Global Markets during the 3rd quarter valued at $1,327,000. Kentucky Retirement Systems Insurance Trust Fund bought a new stake in shares of Cboe Global Markets during the 3rd quarter valued at $593,000. DnB Asset Management AS raised its position in shares of Cboe Global Markets by 2.5% during the 3rd quarter. DnB Asset Management AS now owns 17,519 shares of the company’s stock valued at $2,741,000 after acquiring an additional 423 shares during the last quarter. Finally, Ritholtz Wealth Management bought a new stake in shares of Cboe Global Markets during the 3rd quarter valued at $734,000. 81.73% of the stock is currently owned by institutional investors.

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.