Rosenblatt Securities Boosts Cboe Global Markets (BATS:CBOE) Price Target to $205.00

Cboe Global Markets (BATS:CBOE) had its target price raised by Rosenblatt Securities from $200.00 to $205.00 in a research report report published on Monday, Benzinga reports. Rosenblatt Securities currently has a buy rating on the stock.

CBOE has been the subject of a number of other reports. Keefe, Bruyette & Woods reissued a market perform rating and set a $197.00 target price on shares of Cboe Global Markets in a research note on Thursday, April 4th. Citigroup increased their price objective on Cboe Global Markets from $170.00 to $188.00 and gave the stock a neutral rating in a report on Friday, January 12th. 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. Oppenheimer reissued an outperform rating and set a $206.00 price target on shares of Cboe Global Markets in a report on Monday. Finally, Barclays upped their price objective on shares of Cboe Global Markets from $200.00 to $211.00 and gave the stock an overweight rating in a report on Monday, April 8th. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, Cboe Global Markets presently has a consensus rating of Hold and a consensus target price of $191.00.

Cboe Global Markets Stock Up 0.6 %

Shares of Cboe Global Markets stock opened at $185.44 on Monday. Cboe Global Markets has a twelve month low of $103.82 and a twelve month high of $139.00. The stock has a market capitalization of $19.67 billion, a price-to-earnings ratio of 95.59 and a beta of 0.61. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.60. The business’s 50 day simple moving average is $181.97 and its 200-day simple moving average is $180.05.

Cboe Global Markets (BATS:CBOE) last issued its earnings results on Friday, May 3rd. The company reported $2.15 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.11. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The firm had revenue of $502.10 million for the quarter, compared to analyst estimates of $504.80 million. During the same period last year, the company earned $1.90 earnings per share. The firm’s revenue for the quarter was up 6.5% on a year-over-year basis. Equities research analysts forecast that Cboe Global Markets will post 6.41 earnings per share for the current 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 issued a $0.55 dividend. The ex-dividend date was Wednesday, February 28th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.19%. Cboe Global Markets’s payout ratio is currently 98.97%.

Insider Buying and Selling

In other Cboe Global Markets news, EVP Dave Howson sold 8,314 shares of the company’s stock in a transaction 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 transaction, the executive vice president now owns 17,573 shares of the company’s stock, valued at $3,231,323.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.51% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Cboe Global Markets

A number of hedge funds have recently modified their holdings of CBOE. Metis Global Partners LLC boosted its position in shares of Cboe Global Markets by 12.7% in the 3rd quarter. Metis Global Partners LLC now owns 5,239 shares of the company’s stock valued at $818,000 after purchasing an additional 592 shares during the period. Exencial Wealth Advisors LLC lifted its stake in Cboe Global Markets by 17.7% during the third quarter. Exencial Wealth Advisors LLC now owns 3,427 shares of the company’s stock valued at $535,000 after buying an additional 516 shares in the last quarter. Monument Capital Management purchased a new stake in Cboe Global Markets during the fourth quarter valued at about $215,000. Illinois Municipal Retirement Fund boosted its holdings in shares of Cboe Global Markets by 30.8% in the fourth quarter. Illinois Municipal Retirement Fund now owns 8,004 shares of the company’s stock worth $1,429,000 after buying an additional 1,883 shares during the period. Finally, McGuire Investment Group LLC increased its position in shares of Cboe Global Markets by 0.9% in the fourth quarter. McGuire Investment Group LLC now owns 94,024 shares of the company’s stock worth $16,789,000 after acquiring an additional 867 shares in the last quarter. 81.73% of the stock is currently owned by institutional investors and hedge funds.

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.