Cboe Global Markets’ (CBOE) Outperform Rating Reaffirmed at Oppenheimer

Oppenheimer restated their outperform rating on shares of Cboe Global Markets (BATS:CBOE) in a research report report published on Monday morning, Benzinga reports. Oppenheimer currently has a $206.00 price objective on the stock.

Other equities research analysts also recently issued reports about the company. Morgan Stanley reiterated an equal weight rating and set a $199.00 target price (down from $211.00) on shares of Cboe Global Markets in a report on Tuesday, April 9th. Keefe, Bruyette & Woods restated a market perform rating and issued a $197.00 target price on shares of Cboe Global Markets in a research note on Thursday, April 4th. Bank of America lifted their price target on shares of Cboe Global Markets from $200.00 to $204.00 and gave the stock a buy rating in a research note on Friday, April 19th. Citigroup upped 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. Finally, Barclays lifted their target price on Cboe Global Markets from $200.00 to $211.00 and gave the stock an overweight rating in a research report on Monday, April 8th. Seven analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of Hold and a consensus price target of $191.00.

Cboe Global Markets Stock Up 1.6 %

Shares of BATS:CBOE opened at $182.53 on Monday. The stock has a 50-day simple moving average of $182.47 and a 200-day simple moving average of $179.75. The stock has a market capitalization of $19.36 billion, a P/E ratio of 94.09 and a beta of 0.61. Cboe Global Markets has a 1 year low of $103.82 and a 1 year high of $139.00. 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 earnings results on Friday, May 3rd. The company reported $2.15 EPS for the quarter, beating analysts’ consensus estimates of $2.04 by $0.11. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business had revenue of $502.10 million for the quarter, compared to the consensus estimate of $504.80 million. During the same quarter last year, the firm posted $1.90 EPS. The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. Equities analysts forecast that Cboe Global Markets will post 6.41 earnings per share for the current year.

Cboe Global Markets Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Thursday, February 29th were given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 1.21%. The ex-dividend date of this dividend was Wednesday, February 28th. Cboe Global Markets’s dividend payout ratio is currently 98.97%.

Insider Transactions at Cboe Global Markets

In other Cboe Global Markets news, EVP Dave Howson sold 5,322 shares of the firm’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $186.96, for a total value of $995,001.12. Following the sale, the executive vice president now directly owns 17,573 shares in the company, valued at $3,285,448.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.51% of the company’s stock.

Institutional Investors Weigh In On Cboe Global Markets

A number of hedge funds have recently made changes to their positions in the business. Pinnacle Associates Ltd. lifted its position in Cboe Global Markets by 5.2% in the fourth quarter. Pinnacle Associates Ltd. now owns 1,366 shares of the company’s stock worth $244,000 after purchasing an additional 67 shares during the period. Allworth Financial LP raised its stake in Cboe Global Markets by 75.3% during the 4th quarter. Allworth Financial LP now owns 170 shares of the company’s stock valued at $30,000 after purchasing an additional 73 shares during the period. Moors & Cabot Inc. boosted its position in shares of Cboe Global Markets by 2.3% in the third quarter. Moors & Cabot Inc. now owns 3,305 shares of the company’s stock worth $516,000 after buying an additional 75 shares during the period. Marion Wealth Management grew its holdings in shares of Cboe Global Markets by 0.7% during the first quarter. Marion Wealth Management now owns 10,315 shares of the company’s stock valued at $1,895,000 after buying an additional 76 shares in the last quarter. Finally, Texas Permanent School Fund Corp raised its position in Cboe Global Markets by 0.3% during the first quarter. Texas Permanent School Fund Corp now owns 24,319 shares of the company’s stock valued at $4,468,000 after buying an additional 84 shares during the period. Institutional investors own 81.73% of the company’s stock.

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.