Brokerages Set Cboe Global Markets, Inc. (BATS:CBOE) PT at $211.36

Shares of Cboe Global Markets, Inc. (BATS:CBOE) have been assigned a consensus rating of “Hold” from the eleven ratings firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $211.36.

Several research analysts have weighed in on CBOE shares. Royal Bank of Canada reissued a “sector perform” rating and issued a $220.00 price objective on shares of Cboe Global Markets in a research report on Monday, November 4th. Oppenheimer boosted their price target on shares of Cboe Global Markets from $209.00 to $227.00 and gave the stock an “outperform” rating in a report on Monday, October 14th. Deutsche Bank Aktiengesellschaft upgraded shares of Cboe Global Markets from a “hold” rating to a “buy” rating and raised their price objective for the stock from $212.00 to $222.00 in a report on Monday, November 11th. Piper Sandler lifted their price objective on shares of Cboe Global Markets from $210.00 to $220.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 8th. Finally, Morgan Stanley downgraded shares of Cboe Global Markets from an “equal weight” rating to an “underweight” rating and set a $199.00 target price for the company. in a research report on Wednesday, November 6th.

Cboe Global Markets Stock Performance

Shares of CBOE stock opened at $197.06 on Friday. 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 $20.90 billion, a P/E ratio of 101.58 and a beta of 0.61. The firm has a 50-day moving average of $200.77 and a 200-day moving average of $201.42. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21.

Cboe Global Markets (BATS:CBOE) last posted its earnings results on Friday, November 1st. The company reported $2.22 EPS for the quarter, topping the consensus estimate of $2.19 by $0.03. The firm had revenue of $532.00 million for the quarter, compared to analysts’ expectations of $530.46 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 10.7% compared to the same quarter last year. During the same quarter last year, the firm earned $2.06 EPS. 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 announced a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were given a dividend of $0.63 per share. The ex-dividend date was Friday, November 29th. This represents a $2.52 annualized dividend and a dividend yield of 1.28%. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

Institutional Trading of Cboe Global Markets

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Marshall Wace LLP grew its holdings in Cboe Global Markets by 306.6% during the 2nd quarter. Marshall Wace LLP now owns 533,839 shares of the company’s stock valued at $90,785,000 after buying an additional 402,547 shares in the last quarter. BNP Paribas Financial Markets grew its stake in Cboe Global Markets by 215.7% during the third quarter. BNP Paribas Financial Markets now owns 376,190 shares of the company’s stock valued at $77,070,000 after acquiring an additional 257,016 shares in the last quarter. Raymond James & Associates increased its holdings in Cboe Global Markets by 311.3% during the 3rd quarter. Raymond James & Associates now owns 231,429 shares of the company’s stock worth $47,413,000 after acquiring an additional 175,159 shares during the period. Squarepoint Ops LLC lifted its stake in Cboe Global Markets by 1,044.9% in the 2nd quarter. Squarepoint Ops LLC now owns 119,673 shares of the company’s stock worth $20,352,000 after purchasing an additional 109,220 shares in the last quarter. Finally, Distillate Capital Partners LLC bought a new position in Cboe Global Markets in the 2nd quarter valued at $14,253,000. 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.