Cboe Global Markets (BATS:CBOE) Sets New 1-Year High at $175.20

Cboe Global Markets, Inc. (BATS:CBOE)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $175.20 and last traded at $171.34, with a volume of 746125 shares traded. The stock had previously closed at $175.91.

Wall Street Analyst Weigh In

A number of brokerages have commented on CBOE. Morgan Stanley restated an “equal weight” rating and issued a $199.00 target price (down previously from $211.00) on shares of Cboe Global Markets in a research note on Tuesday, April 9th. Barclays boosted their target price on shares of Cboe Global Markets from $211.00 to $215.00 and gave the stock an “overweight” rating in a research report on Monday, May 6th. Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $197.00 price objective on shares of Cboe Global Markets in a research note on Thursday, April 4th. Rosenblatt Securities upped their price objective on shares of Cboe Global Markets from $200.00 to $205.00 and gave the company a “buy” rating in a research report on Monday, May 6th. Finally, Oppenheimer restated an “outperform” rating and set a $206.00 price target on shares of Cboe Global Markets in a research note on Monday, May 6th. Six research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Cboe Global Markets presently has an average rating of “Hold” and an average target price of $191.00.

Cboe Global Markets Trading Up 0.3 %

The company’s fifty day moving average price is $177.28 and its two-hundred day moving average price is $180.57. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. The company has a market cap of $17.97 billion, a price-to-earnings ratio of 87.33 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last announced its earnings results on Friday, May 3rd. The company reported $2.15 EPS 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 company had revenue of $502.10 million for the quarter, compared to analysts’ expectations of $504.80 million. During the same quarter in the prior year, the business earned $1.90 earnings per share. The business’s revenue for the quarter was up 6.5% on a year-over-year basis. Research analysts expect that Cboe Global Markets, Inc. will post 6.41 earnings per share for the current year.

Cboe Global Markets Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 14th. Stockholders of record on Friday, May 31st were paid a dividend of $0.55 per share. The ex-dividend date of this dividend was Friday, May 31st. This represents a $2.20 annualized dividend and a dividend yield of 1.30%. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.97%.

Insiders Place Their Bets

In other Cboe Global Markets news, EVP Catherine R. Clay sold 1,100 shares of the firm’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $185.06, for a total value of $203,566.00. Following the transaction, the executive vice president now directly owns 4,656 shares of the company’s stock, valued at $861,639.36. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Cboe Global Markets news, COO Christopher A. Isaacson sold 6,000 shares of the stock in a transaction dated Friday, June 21st. The stock was sold at an average price of $175.00, for a total value of $1,050,000.00. Following the completion of the sale, the chief operating officer now directly owns 51,855 shares in the company, valued at $9,074,625. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Catherine R. Clay sold 1,100 shares of the company’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $185.06, for a total transaction of $203,566.00. Following the completion of the transaction, the executive vice president now owns 4,656 shares of the company’s stock, valued at approximately $861,639.36. The disclosure for this sale can be found here. Company insiders own 0.51% of the company’s stock.

Hedge Funds Weigh In On Cboe Global Markets

Hedge funds have recently made changes to their positions in the business. FinTrust Capital Advisors LLC grew its position in shares of Cboe Global Markets by 170.0% in the 1st quarter. FinTrust Capital Advisors LLC now owns 135 shares of the company’s stock valued at $25,000 after acquiring an additional 85 shares during the period. Optiver Holding B.V. acquired a new stake in Cboe Global Markets during the 4th quarter valued at $29,000. Farmers & Merchants Trust Co of Chambersburg PA bought a new position in Cboe Global Markets during the fourth quarter worth $30,000. Allworth Financial LP lifted its stake in shares of Cboe Global Markets by 75.3% during the 4th quarter. Allworth Financial LP now owns 170 shares of the company’s stock worth $30,000 after buying an additional 73 shares during the last quarter. Finally, ORG Partners LLC acquired a new position in Cboe Global Markets in the 4th quarter valued at about $31,000. 81.73% of the stock is owned by institutional investors.

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.