Cboe Global Markets (BATS:CBOE) Reaches New 12-Month High at $180.52

Cboe Global Markets, Inc. (BATS:CBOE)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $180.52 and last traded at $177.37, with a volume of 752329 shares traded. The stock had previously closed at $178.51.

Analyst Upgrades and Downgrades

CBOE has been the subject of several research reports. Citigroup boosted their price target on shares of Cboe Global Markets from $170.00 to $188.00 and gave the stock a “neutral” rating in a research note on Friday, January 12th. Rosenblatt Securities increased their price target on shares of Cboe Global Markets from $192.00 to $200.00 and gave the company a “buy” rating in a research report on Monday, February 5th. Barclays raised their target price on shares of Cboe Global Markets from $200.00 to $211.00 and gave the stock an “overweight” rating in a research report on Monday, April 8th. Oppenheimer increased their price target on shares of Cboe Global Markets from $201.00 to $206.00 and gave the stock an “outperform” rating in a research note on Monday, February 5th. Finally, Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $197.00 price target on shares of Cboe Global Markets in a report on Thursday, April 4th. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $187.36.

Cboe Global Markets Stock Up 0.0 %

The firm has a market capitalization of $18.74 billion, a price-to-earnings ratio of 91.05 and a beta of 0.61. The business’s 50-day moving average is $184.69 and its two-hundred day moving average is $178.08. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings results on Friday, February 2nd. The company reported $2.06 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.02. The company had revenue of $499.00 million during the quarter, compared to analysts’ expectations of $510.65 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period last year, the business earned $1.80 EPS. On average, equities analysts anticipate that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were issued a dividend of $0.55 per share. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $2.20 dividend on an annualized basis and a yield of 1.24%. Cboe Global Markets’s payout ratio is 98.97%.

Insider Buying and Selling

In other Cboe Global Markets news, EVP Dave Howson sold 8,314 shares of the stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $183.88, for a total transaction of $1,528,778.32. Following the completion of the sale, the executive vice president now owns 17,573 shares of the company’s stock, valued at approximately $3,231,323.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.51% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Cboe Global Markets

Large investors have recently modified their holdings of the company. Clear Street Markets LLC increased its position in shares of Cboe Global Markets by 93.5% during the 1st quarter. Clear Street Markets LLC now owns 207 shares of the company’s stock valued at $28,000 after purchasing an additional 100 shares during the last quarter. NBC Securities Inc. bought a new stake in shares of Cboe Global Markets during the 3rd quarter valued at about $29,000. Optiver Holding B.V. bought a new stake in shares of Cboe Global Markets during the 4th quarter valued at about $29,000. Farmers & Merchants Trust Co of Chambersburg PA bought a new stake in Cboe Global Markets in the 4th quarter worth approximately $30,000. Finally, Allworth Financial LP lifted its position in Cboe Global Markets by 75.3% in the 4th quarter. Allworth Financial LP now owns 170 shares of the company’s stock worth $30,000 after buying an additional 73 shares during the last quarter. 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.