Cboe Global Markets (BATS:CBOE) Sets New 12-Month High at $181.77

Shares of Cboe Global Markets, Inc. (BATS:CBOE) reached a new 52-week high 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.

Analyst Ratings Changes

A number of research firms recently commented on CBOE. Morgan Stanley reissued an “equal weight” rating and issued a $199.00 price target (down from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Citigroup raised their price target 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. Rosenblatt Securities increased their price target on Cboe Global Markets from $192.00 to $200.00 and gave the company a “buy” rating in a research report on Monday, February 5th. Barclays boosted their price target 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. Finally, Bank of America upped their price objective on Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a research note on Friday, April 19th. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $190.18.

Cboe Global Markets Price Performance

The stock has a market capitalization of $19.12 billion, a PE ratio of 91.96 and a beta of 0.61. The business’s 50-day moving average price is $183.78 and its 200 day moving average price is $179.16. 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 announced its earnings results on Friday, February 2nd. The company reported $2.06 earnings per share for the quarter, beating analysts’ consensus estimates of $2.04 by $0.02. The business had revenue of $499.00 million for the quarter, compared to the consensus estimate of $510.65 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. Cboe Global Markets’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period last year, the firm posted $1.80 earnings per share. Research analysts forecast that Cboe Global Markets, Inc. 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. Shareholders of record on Thursday, February 29th were given a dividend of $0.55 per share. The ex-dividend date was Wednesday, February 28th. This represents a $2.20 dividend on an annualized basis and a yield of 1.22%. Cboe Global Markets’s payout ratio is 98.97%.

Insiders Place Their Bets

In related news, EVP Dave Howson sold 5,322 shares of the firm’s stock in a transaction dated 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 directly owns 17,573 shares of the company’s stock, valued at approximately $3,285,448.08. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.51% of the company’s stock.

Institutional Investors Weigh In On Cboe Global Markets

A number of institutional investors have recently made changes to their positions in the business. NBC Securities Inc. bought a new stake in Cboe Global Markets in the third quarter worth $29,000. Optiver Holding B.V. bought a new stake in shares of Cboe Global Markets in the 4th quarter valued at about $29,000. Farmers & Merchants Trust Co of Chambersburg PA purchased a new stake in Cboe Global Markets during the 4th quarter valued at about $30,000. Allworth Financial LP boosted its holdings 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 acquiring an additional 73 shares during the period. Finally, ORG Partners LLC purchased a new position in Cboe Global Markets in the 4th quarter worth approximately $31,000. Hedge funds and other 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.