Cboe Global Markets (BATS:CBOE) Sets New 1-Year High at $181.77

Cboe Global Markets, Inc. (BATS:CBOE) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $181.77 and last traded at $180.28, with a volume of 596625 shares changing hands. The stock had previously closed at $178.40.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Barclays increased their price objective on shares of Cboe Global Markets from $200.00 to $211.00 and gave the company an “overweight” rating in a report on Monday, April 8th. Morgan Stanley reaffirmed an “equal weight” rating and set a $199.00 target price (down previously from $211.00) on shares of Cboe Global Markets in a research note on Tuesday, April 9th. Citigroup raised their price objective on shares of Cboe Global Markets from $170.00 to $188.00 and gave the company a “neutral” rating in a research report on Friday, January 12th. Keefe, Bruyette & Woods reissued a “market perform” rating and set a $197.00 price objective on shares of Cboe Global Markets in a research note on Thursday, April 4th. Finally, Oppenheimer upped their price objective on shares of Cboe Global Markets from $201.00 to $206.00 and gave the company an “outperform” rating in a research note on Monday, February 5th. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $190.18.

Cboe Global Markets Stock Performance

The stock’s 50-day moving average price is $183.78 and its 200 day moving average price is $179.16. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. The company has a market cap of $19.12 billion, a P/E ratio of 91.96 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last announced its earnings results on Friday, February 2nd. The company reported $2.06 EPS for the quarter, topping the consensus estimate of $2.04 by $0.02. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The firm had revenue of $499.00 million for the quarter, compared to the consensus estimate of $510.65 million. During the same quarter last year, the firm posted $1.80 EPS. The business’s quarterly revenue was up 9.2% on a year-over-year basis. As a group, research analysts expect that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were paid a dividend of $0.55 per share. The ex-dividend date was Wednesday, February 28th. This represents a $2.20 annualized dividend and a yield of 1.22%. Cboe Global Markets’s payout ratio is 98.97%.

Insiders Place Their Bets

In other news, EVP Dave Howson sold 8,314 shares of the stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $183.88, for a total value of $1,528,778.32. Following the completion of the sale, the executive vice president now directly owns 17,573 shares of the company’s stock, valued at $3,231,323.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.51% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. UMB Bank n.a. raised its stake in shares of Cboe Global Markets by 111.7% in the 3rd quarter. UMB Bank n.a. now owns 506 shares of the company’s stock valued at $79,000 after buying an additional 267 shares in the last quarter. Czech National Bank boosted its holdings in Cboe Global Markets by 47.6% during the third quarter. Czech National Bank now owns 18,442 shares of the company’s stock valued at $2,881,000 after purchasing an additional 5,944 shares in the last quarter. Asset Management One Co. Ltd. grew its position in Cboe Global Markets by 15.2% in the third quarter. Asset Management One Co. Ltd. now owns 55,789 shares of the company’s stock valued at $8,715,000 after acquiring an additional 7,358 shares during the period. Simplicity Solutions LLC bought a new position in Cboe Global Markets during the 3rd quarter valued at about $205,000. Finally, U.S. Capital Wealth Advisors LLC increased its position in Cboe Global Markets by 1.5% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 5,123 shares of the company’s stock valued at $800,000 after acquiring an additional 76 shares in the last quarter. 81.73% of the stock is currently owned by institutional investors and hedge funds.

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.