Cboe Global Markets (BATS:CBOE) Price Target Increased to $209.00 by Analysts at Oppenheimer

Cboe Global Markets (BATS:CBOE) had its price target boosted by Oppenheimer from $199.00 to $209.00 in a research report report published on Monday, Benzinga reports. They currently have an outperform rating on the stock.

Several other brokerages have also issued reports on CBOE. Piper Sandler restated an overweight rating and issued a $210.00 target price (up previously from $203.00) on shares of Cboe Global Markets in a research note on Monday. Rosenblatt Securities upped their target price on shares of Cboe Global Markets from $200.00 to $205.00 and gave the stock a buy rating in a research report on Monday, May 6th. Morgan Stanley reissued an equal weight rating and set a $199.00 price target (down from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. JPMorgan Chase & Co. raised shares of Cboe Global Markets from an underweight rating to a neutral rating and boosted their price objective for the stock from $168.00 to $195.00 in a research note on Monday. Finally, Barclays decreased their target price on shares of Cboe Global Markets from $215.00 to $194.00 and set an overweight rating for the company in a research note on Wednesday, July 10th. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Cboe Global Markets presently has a consensus rating of Hold and a consensus price target of $193.33.

Cboe Global Markets Trading Up 0.9 %

Shares of BATS CBOE traded up $1.73 during midday trading on Monday, reaching $198.00. The company had a trading volume of 1,589,169 shares, compared to its average volume of 636,231. The stock has a market cap of $21.00 billion, a PE ratio of 101.17 and a beta of 0.61. Cboe Global Markets has a one year low of $103.82 and a one year high of $139.00. The firm’s fifty day moving average price is $175.75 and its 200-day moving average price is $180.82. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60.

Cboe Global Markets (BATS:CBOE) last posted its earnings results on Friday, August 2nd. The company reported $2.15 earnings per share for the quarter, topping analysts’ consensus estimates of $2.10 by $0.05. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The company had revenue of $513.80 million during the quarter, compared to analyst estimates of $514.51 million. During the same period in the prior year, the business posted $1.78 earnings per share. Cboe Global Markets’s revenue for the quarter was up 10.0% on a year-over-year basis. On average, equities research analysts anticipate that Cboe Global Markets will post 6.41 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 14th. Shareholders of record on Friday, May 31st were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date was Friday, May 31st. Cboe Global Markets’s payout ratio is 98.97%.

Insider Activity

In other news, EVP Catherine R. Clay sold 1,100 shares of the business’s 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 completion of the transaction, the executive vice president now directly owns 4,656 shares of the company’s stock, valued at $861,639.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, EVP Dave Howson sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, July 22nd. The stock was sold at an average price of $186.67, for a total transaction of $466,675.00. Following the completion of the transaction, the executive vice president now directly owns 15,073 shares in the company, valued at approximately $2,813,676.91. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Catherine R. Clay sold 1,100 shares of the stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $185.06, for a total transaction of $203,566.00. Following the completion of the sale, the executive vice president now directly owns 4,656 shares of the company’s stock, valued at $861,639.36. The disclosure for this sale can be found here. Insiders have sold a total of 17,065 shares of company stock valued at $3,145,291 over the last ninety days. 0.51% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Cboe Global Markets

Institutional investors have recently added to or reduced their stakes in the stock. Monument Capital Management bought a new stake in shares of Cboe Global Markets in the fourth quarter worth about $215,000. Illinois Municipal Retirement Fund raised its position in Cboe Global Markets by 30.8% during the fourth quarter. Illinois Municipal Retirement Fund now owns 8,004 shares of the company’s stock valued at $1,429,000 after purchasing an additional 1,883 shares during the period. Accuvest Global Advisors bought a new stake in shares of Cboe Global Markets in the 4th quarter valued at approximately $345,000. Seelaus Asset Management LLC bought a new position in Cboe Global Markets during the fourth quarter valued at $352,000. Finally, Hilltop Holdings Inc. raised its position in Cboe Global Markets by 1.8% in the 4th quarter. Hilltop Holdings Inc. now owns 16,715 shares of the company’s stock worth $2,985,000 after purchasing an additional 298 shares during the period. 81.73% of the stock is 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.