Cboe Global Markets (BATS:CBOE) Hits New 52-Week High at $181.77

Shares of Cboe Global Markets, Inc. (BATS:CBOE) reached 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. The stock had previously closed at $178.40.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Morgan Stanley reissued an “equal weight” rating and issued a $199.00 price target (down previously from $211.00) on shares of Cboe Global Markets in a research note on Tuesday, April 9th. Oppenheimer boosted their target price on Cboe Global Markets from $201.00 to $206.00 and gave the company an “outperform” rating in a research note on Monday, February 5th. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $197.00 price target on shares of Cboe Global Markets in a research note on Thursday, April 4th. Barclays lifted 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. Finally, Bank of America increased their target price on shares of Cboe Global Markets from $200.00 to $204.00 and gave the stock a “buy” rating in a report on Friday, April 19th. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Cboe Global Markets has a consensus rating of “Hold” and an average target price of $190.18.

Cboe Global Markets Trading Down 0.6 %

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 business has a 50-day simple moving average of $183.43 and a two-hundred day simple moving average of $179.43. The stock has a market cap of $19.10 billion, a price-to-earnings ratio of 92.80 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last issued 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 return on equity of 20.05% and a net margin of 5.77%. The company had revenue of $499.00 million during the quarter, compared to the consensus estimate of $510.65 million. During the same period in the previous year, the company posted $1.80 EPS. The firm’s revenue for the quarter was up 9.2% compared to the same quarter last year. Equities analysts forecast that Cboe Global Markets, Inc. will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Dividend Announcement

The business 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. This represents a $2.20 annualized dividend and a dividend yield of 1.22%. The ex-dividend date of this dividend was Wednesday, February 28th. Cboe Global Markets’s payout ratio is 98.97%.

Insider Buying and Selling at Cboe Global Markets

In other news, EVP Dave Howson sold 5,322 shares of the stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $186.96, for a total transaction of $995,001.12. Following the transaction, the executive vice president now owns 17,573 shares in the company, valued at $3,285,448.08. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.51% of the company’s stock.

Institutional Investors Weigh In On Cboe Global Markets

A number of large investors have recently added to or reduced their stakes in CBOE. Metis Global Partners LLC lifted its position in shares of Cboe Global Markets by 12.7% during the 3rd quarter. Metis Global Partners LLC now owns 5,239 shares of the company’s stock valued at $818,000 after acquiring an additional 592 shares during the period. Exencial Wealth Advisors LLC lifted its position 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 worth $535,000 after purchasing an additional 516 shares during the period. Monument Capital Management acquired a new stake in Cboe Global Markets during the fourth quarter worth about $215,000. Illinois Municipal Retirement Fund increased its holdings in Cboe Global Markets by 30.8% in the 4th quarter. Illinois Municipal Retirement Fund now owns 8,004 shares of the company’s stock valued at $1,429,000 after buying an additional 1,883 shares during the period. Finally, McGuire Investment Group LLC raised its position in shares of Cboe Global Markets by 0.9% in the 4th quarter. McGuire Investment Group LLC now owns 94,024 shares of the company’s stock valued at $16,789,000 after buying an additional 867 shares in the last quarter. Institutional investors and hedge funds 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.