Deutsche Bank Aktiengesellschaft Raises Cboe Global Markets (BATS:CBOE) Price Target to $205.00

Cboe Global Markets (BATS:CBOE) had its price target upped by Deutsche Bank Aktiengesellschaft from $186.00 to $205.00 in a research report report published on Thursday morning, Benzinga reports. They currently have a hold rating on the stock.

A number of other equities research analysts also recently issued reports on CBOE. Barclays increased their price target on shares of Cboe Global Markets from $194.00 to $218.00 and gave the stock an overweight rating in a report on Monday, August 5th. Oppenheimer increased their price target on shares of Cboe Global Markets from $199.00 to $209.00 and gave the company an outperform rating in a research report on Monday, August 5th. Piper Sandler reiterated an overweight rating and set a $210.00 price target (up from $203.00) on shares of Cboe Global Markets in a research report on Monday, August 5th. JPMorgan Chase & Co. upgraded shares of Cboe Global Markets from an underweight rating to a neutral rating and raised their target price for the stock from $168.00 to $195.00 in a report on Monday, August 5th. Finally, Rosenblatt Securities raised their target price on shares of Cboe Global Markets from $200.00 to $205.00 and gave the stock a buy rating in a report on Monday, May 6th. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of Hold and an average target price of $199.64.

Cboe Global Markets Price Performance

Shares of BATS:CBOE opened at $202.94 on Thursday. The company’s 50-day moving average is $180.71 and its 200 day moving average is $181.86. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. The company has a market capitalization of $21.52 billion, a P/E ratio of 104.61 and a beta of 0.61. Cboe Global Markets has a fifty-two week low of $103.82 and a fifty-two week high of $139.00.

Cboe Global Markets (BATS:CBOE) last released its quarterly earnings data on Friday, August 2nd. The company reported $2.15 EPS for the quarter, beating the consensus estimate of $2.10 by $0.05. The business had revenue of $513.80 million for the quarter, compared to the consensus estimate of $514.51 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The company’s revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.78 earnings per share. On average, equities research analysts forecast that Cboe Global Markets will post 6.41 earnings per share for the current year.

Cboe Global Markets Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 13th. Stockholders of record on Friday, August 30th will be issued a dividend of $0.63 per share. The ex-dividend date is Friday, August 30th. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.55. This represents a $2.52 annualized dividend and a dividend yield of 1.24%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 98.97%.

Insider Activity

In other news, COO Christopher A. Isaacson sold 6,000 shares of the firm’s stock in a transaction on Friday, June 21st. The stock was sold at an average price of $175.00, for a total transaction of $1,050,000.00. Following the completion of the transaction, 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 is available through this hyperlink. In other Cboe Global Markets news, EVP Catherine R. Clay sold 600 shares of the business’s stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $203.23, for a total transaction of $121,938.00. Following the completion of the sale, the executive vice president now directly owns 4,328 shares in the company, valued at approximately $879,579.44. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Christopher A. Isaacson sold 6,000 shares of the business’s stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $175.00, for a total value of $1,050,000.00. Following the sale, the chief operating officer now owns 51,855 shares of the company’s stock, valued at $9,074,625. The disclosure for this sale can be found here. Insiders sold 16,565 shares of company stock worth $3,063,663 over the last three months. 0.51% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Regal Investment Advisors LLC lifted its holdings in Cboe Global Markets by 0.3% in the 2nd quarter. Regal Investment Advisors LLC now owns 22,274 shares of the company’s stock worth $3,788,000 after purchasing an additional 56 shares in the last quarter. First Horizon Advisors Inc. increased its position in shares of Cboe Global Markets by 9.7% during the 2nd quarter. First Horizon Advisors Inc. now owns 713 shares of the company’s stock valued at $121,000 after purchasing an additional 63 shares during the last quarter. Marion Wealth Management increased its position in shares of Cboe Global Markets by 0.7% during the 1st quarter. Marion Wealth Management now owns 10,315 shares of the company’s stock valued at $1,895,000 after purchasing an additional 76 shares during the last quarter. Kendall Capital Management increased its position in shares of Cboe Global Markets by 0.9% during the 2nd quarter. Kendall Capital Management now owns 9,410 shares of the company’s stock valued at $1,600,000 after purchasing an additional 80 shares during the last quarter. Finally, Motley Fool Asset Management LLC increased its position in shares of Cboe Global Markets by 4.3% during the 1st quarter. Motley Fool Asset Management LLC now owns 2,021 shares of the company’s stock valued at $371,000 after purchasing an additional 83 shares during the last quarter. 81.73% of the stock is owned by hedge funds and other institutional investors.

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.