Analysts Set Cboe Global Markets, Inc. (NASDAQ:CBOE) Price Target at $279.00

Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) have been given a consensus recommendation of “Hold” by the twelve research firms that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $279.00.

Several equities analysts have recently issued reports on CBOE shares. Keefe, Bruyette & Woods boosted their price target on shares of Cboe Global Markets from $257.00 to $269.00 and gave the company a “market perform” rating in a report on Monday, November 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Cboe Global Markets in a research report on Monday, November 3rd. Royal Bank Of Canada restated a “sector perform” rating and issued a $303.00 target price on shares of Cboe Global Markets in a research report on Monday, February 9th. Zacks Research upgraded shares of Cboe Global Markets from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 30th. Finally, TD Cowen reiterated a “hold” rating on shares of Cboe Global Markets in a research report on Wednesday, January 14th.

Hedge Funds Weigh In On Cboe Global Markets

A number of institutional investors and hedge funds have recently bought and sold shares of CBOE. Caprock Group LLC bought a new position in Cboe Global Markets in the 3rd quarter worth $4,156,000. Bank of Montreal Can grew its holdings in Cboe Global Markets by 19.1% in the 2nd quarter. Bank of Montreal Can now owns 241,995 shares of the company’s stock valued at $56,436,000 after buying an additional 38,872 shares during the last quarter. Nordea Investment Management AB increased its position in Cboe Global Markets by 3.4% in the 3rd quarter. Nordea Investment Management AB now owns 709,997 shares of the company’s stock worth $174,304,000 after buying an additional 23,358 shares during the period. Peak Financial Advisors LLC acquired a new position in shares of Cboe Global Markets during the third quarter worth approximately $2,074,000. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Cboe Global Markets by 557.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 37,649 shares of the company’s stock valued at $9,070,000 after acquiring an additional 31,919 shares during the period. Institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Stock Up 3.3%

Shares of Cboe Global Markets stock opened at $284.20 on Friday. The stock has a market capitalization of $29.74 billion, a price-to-earnings ratio of 39.36, a PEG ratio of 1.75 and a beta of 0.36. Cboe Global Markets has a twelve month low of $200.88 and a twelve month high of $285.80. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The business’s 50 day simple moving average is $262.82 and its 200-day simple moving average is $251.29.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings data on Friday, February 6th. The company reported $3.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.95 by $0.11. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%.During the same quarter last year, the company posted $2.10 earnings per share. The firm’s revenue was up 28.0% on a year-over-year basis. Equities research analysts forecast that Cboe Global Markets will post 8.96 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were given a dividend of $0.72 per share. This represents a yield of 112.0%. The ex-dividend date was Friday, November 28th. Cboe Global Markets’s payout ratio is 27.64%.

Cboe Global Markets Company Profile

Cboe Global Markets (NASDAQ: CBOE) is a global market infrastructure company that operates a family of exchanges and trading venues across listed derivatives, cash equities and foreign exchange. Its product suite includes options and futures markets, multiple U.S. equities exchanges, a derivatives exchange for volatility and other products, proprietary benchmark indexes (notably the Cboe Volatility Index, or VIX), market data and analytics, and trading technology and connectivity services. Cboe also provides market-access and order-routing tools used by broker-dealers, institutional investors and professional traders.

The company traces its roots to the Chicago Board Options Exchange, which was established in 1973 to create a centralized market for listed options; over the years the business expanded through organic growth and strategic acquisitions to become a multi-asset, multi-venue operator.