Cboe Global Markets (BATS:CBOE) Sets New 52-Week High at $173.52

Cboe Global Markets, Inc. (BATS:CBOE)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $173.52 and last traded at $172.87, with a volume of 674049 shares trading hands. The stock had previously closed at $169.50.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on CBOE. Rosenblatt Securities increased their price target on shares of Cboe Global Markets from $200.00 to $205.00 and gave the stock a “buy” rating in a research note on Monday, May 6th. Barclays cut their price objective on shares of Cboe Global Markets from $215.00 to $194.00 and set an “overweight” rating on the stock in a report on Wednesday, July 10th. Bank of America upped their price objective on shares of Cboe Global Markets from $200.00 to $204.00 and gave the stock a “buy” rating in a report on Friday, April 19th. Oppenheimer restated an “outperform” rating and issued a $206.00 price objective on shares of Cboe Global Markets in a report on Monday, May 6th. Finally, Keefe, Bruyette & Woods restated a “market perform” rating and issued a $197.00 price objective on shares of Cboe Global Markets in a report on Thursday, April 4th. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $189.09.

Cboe Global Markets Trading Up 4.3 %

The stock’s fifty day moving average price is $174.50 and its 200 day moving average price is $180.06. 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 $19.12 billion, a PE ratio of 92.91 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings results on Friday, May 3rd. The company reported $2.15 EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $502.10 million for the quarter, compared to analysts’ expectations of $504.80 million. During the same quarter in the prior year, the company posted $1.90 earnings per share. The business’s revenue for the quarter was up 6.5% on a year-over-year basis. On average, sell-side analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 14th. Investors of record on Friday, May 31st were issued a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 1.22%. The ex-dividend date was Friday, May 31st. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

Insider Buying and Selling

In other Cboe Global Markets news, EVP Catherine R. Clay sold 1,100 shares of the stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $185.06, for a total value of $203,566.00. Following the transaction, the executive vice president now directly owns 4,656 shares in the company, valued at $861,639.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, COO Christopher A. Isaacson sold 6,000 shares of the stock in a transaction that occurred on Friday, June 21st. The shares were sold at an average price of $175.00, for a total value of $1,050,000.00. Following the completion of the sale, the chief operating officer now directly owns 51,855 shares of the company’s stock, valued at approximately $9,074,625. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Catherine R. Clay sold 1,100 shares of Cboe Global Markets stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $185.06, for a total transaction of $203,566.00. Following the transaction, the executive vice president now directly owns 4,656 shares in the company, valued at approximately $861,639.36. The disclosure for this sale can be found here. 0.51% of the stock is currently owned by corporate insiders.

Institutional Trading of Cboe Global Markets

A number of hedge funds and other institutional investors have recently modified their holdings of CBOE. FinTrust Capital Advisors LLC increased its stake in shares of Cboe Global Markets by 170.0% in the first quarter. FinTrust Capital Advisors LLC now owns 135 shares of the company’s stock worth $25,000 after purchasing an additional 85 shares in the last quarter. Optiver Holding B.V. purchased a new stake in shares of Cboe Global Markets in the fourth quarter worth $29,000. Farmers & Merchants Trust Co of Chambersburg PA purchased a new stake in shares of Cboe Global Markets in the fourth quarter worth $30,000. Allworth Financial LP increased its stake in shares of Cboe Global Markets by 75.3% in the fourth quarter. Allworth Financial LP now owns 170 shares of the company’s stock worth $30,000 after purchasing an additional 73 shares in the last quarter. Finally, ORG Partners LLC purchased a new position in Cboe Global Markets during the second quarter valued at $30,000. 81.73% of the stock is owned by hedge funds and other 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.