Cboe Global Markets, Inc. (NASDAQ:CBOE) had its price target lifted by Deutsche Bank AG from $106.00 to $108.00 in a research note published on Wednesday, November 8th. The firm currently has a hold rating on the financial services provider’s stock.
Other research analysts have also issued reports about the company. BidaskClub upgraded Cboe Global Markets from a buy rating to a strong-buy rating in a research report on Thursday, August 10th. Zacks Investment Research lowered Cboe Global Markets from a buy rating to a hold rating in a research report on Wednesday, July 12th. Jefferies Group LLC reiterated a hold rating and issued a $92.00 price objective (up from $85.00) on shares of Cboe Global Markets in a research note on Monday, July 17th. Royal Bank Of Canada reiterated an outperform rating and issued a $100.00 price objective (up from $90.00) on shares of Cboe Global Markets in a research note on Thursday, July 13th. Finally, Citigroup Inc. initiated coverage on Cboe Global Markets in a research note on Wednesday, July 12th. They issued a neutral rating and a $93.00 price objective on the stock. Eight analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of Buy and an average price target of $105.36.
Shares of Cboe Global Markets (CBOE) traded up $2.75 during trading on Wednesday, reaching $119.23. The company had a trading volume of 1,413,300 shares, compared to its average volume of 1,093,512. The stock has a market capitalization of $13,140.00, a price-to-earnings ratio of 36.74, a price-to-earnings-growth ratio of 1.96 and a beta of 0.49. Cboe Global Markets has a 52 week low of $67.85 and a 52 week high of $119.29. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.46.
Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings results on Tuesday, November 7th. The financial services provider reported $0.89 EPS for the quarter, topping the consensus estimate of $0.88 by $0.01. Cboe Global Markets had a return on equity of 8.41% and a net margin of 9.86%. The business had revenue of $269.70 million during the quarter, compared to analyst estimates of $270.14 million. During the same period last year, the business posted $0.72 earnings per share. The company’s quarterly revenue was up 98.0% on a year-over-year basis. equities research analysts predict that Cboe Global Markets will post 3.41 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date of this dividend is Thursday, November 30th. Cboe Global Markets’s dividend payout ratio is currently 58.38%.
In other news, insider David S. Reynolds sold 4,000 shares of Cboe Global Markets stock in a transaction that occurred on Thursday, October 12th. The shares were sold at an average price of $109.12, for a total transaction of $436,480.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Frank E. Jr. English sold 700 shares of Cboe Global Markets stock in a transaction that occurred on Friday, August 25th. The shares were sold at an average price of $99.59, for a total transaction of $69,713.00. Following the sale, the director now owns 4,514 shares of the company’s stock, valued at $449,549.26. The disclosure for this sale can be found here. In the last three months, insiders have sold 16,720 shares of company stock worth $1,740,075. Corporate insiders own 1.86% of the company’s stock.
Hedge funds have recently bought and sold shares of the company. Strs Ohio acquired a new stake in shares of Cboe Global Markets during the 2nd quarter valued at approximately $120,000. Bronfman E.L. Rothschild L.P. raised its position in shares of Cboe Global Markets by 1.5% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 1,346 shares of the financial services provider’s stock worth $123,000 after purchasing an additional 20 shares during the last quarter. Huntington National Bank acquired a new position in shares of Cboe Global Markets during the 2nd quarter worth approximately $182,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of Cboe Global Markets during the 2nd quarter worth approximately $183,000. Finally, Penserra Capital Management LLC acquired a new position in shares of Cboe Global Markets during the 2nd quarter worth approximately $198,000. Institutional investors own 81.38% of the company’s stock.
About Cboe Global Markets
Cboe Global Markets, Inc, formerly CBOE Holdings, Inc, is a holding company. The Company provides trading and investment solutions to investors around the world. It offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, United States and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index).
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