Cboe Global Markets, Inc. (BATS:CBOE) Given Consensus Rating of “Hold” by Analysts

Cboe Global Markets, Inc. (BATS:CBOE) has received an average rating of “Hold” from the thirteen analysts that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $279.00.

A number of research analysts recently commented on CBOE shares. Argus upgraded Cboe Global Markets to a “hold” rating in a report on Wednesday, March 11th. Barclays raised their target price on Cboe Global Markets from $295.00 to $317.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Morgan Stanley lifted their target price on Cboe Global Markets from $221.00 to $240.00 and gave the company an “underweight” rating in a research report on Monday, December 22nd. Loop Capital set a $317.00 price target on Cboe Global Markets in a research note on Monday, February 9th. Finally, UBS Group reiterated a “neutral” rating and set a $290.00 price target on shares of Cboe Global Markets in a report on Monday, February 9th.

Insiders Place Their Bets

In other Cboe Global Markets news, CAO Allen Wilkinson sold 248 shares of Cboe Global Markets stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $292.79, for a total transaction of $72,611.92. Following the completion of the sale, the chief accounting officer directly owned 410 shares in the company, valued at $120,043.90. This trade represents a 37.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Alexander Matturri, Jr. sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $285.36, for a total transaction of $428,040.00. Following the completion of the transaction, the director owned 4,761 shares in the company, valued at approximately $1,358,598.96. This represents a 23.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 5,695 shares of company stock valued at $1,628,981 over the last 90 days. 0.51% of the stock is owned by company insiders.

Hedge Funds Weigh In On Cboe Global Markets

Hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in Cboe Global Markets by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 12,955,689 shares of the company’s stock worth $3,251,878,000 after purchasing an additional 120,021 shares in the last quarter. Alliancebernstein L.P. grew its stake in shares of Cboe Global Markets by 4.1% in the second quarter. Alliancebernstein L.P. now owns 9,854,571 shares of the company’s stock valued at $2,298,185,000 after buying an additional 390,034 shares in the last quarter. State Street Corp grew its stake in shares of Cboe Global Markets by 2.1% in the third quarter. State Street Corp now owns 4,996,816 shares of the company’s stock valued at $1,225,469,000 after buying an additional 101,349 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Cboe Global Markets by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 2,987,134 shares of the company’s stock valued at $750,940,000 after buying an additional 65,108 shares during the period. Finally, Morgan Stanley raised its holdings in shares of Cboe Global Markets by 6.1% in the 4th quarter. Morgan Stanley now owns 2,691,162 shares of the company’s stock valued at $675,482,000 after buying an additional 155,333 shares during the period. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Price Performance

Shares of CBOE stock opened at $291.78 on Tuesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The firm’s 50-day moving average is $278.50 and its two-hundred day moving average is $257.43. Cboe Global Markets has a 12 month low of $200.88 and a 12 month high of $305.68. The company has a market capitalization of $30.95 billion, a PE ratio of 150.40 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last posted its quarterly earnings results on Friday, February 6th. The company reported $3.06 earnings per share for the quarter, beating the consensus estimate of $2.93 by $0.13. The business had revenue of $671.10 million during the quarter, compared to analysts’ expectations of $659.59 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. Analysts predict that Cboe Global Markets will post 6.41 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were given a $0.72 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a $2.88 dividend on an annualized basis and a yield of 1.0%. Cboe Global Markets’s dividend payout ratio is presently 98.97%.

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. and Canadian equities. This segment also offers exchange-traded products (ETP) transaction and listing services. The Europe and Asia Pacific segment provides pan-European listed equities and derivatives transaction services, ETPs, exchange-traded commodities, and international depository receipts, as well as ETP listings and clearing services.