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

Cboe Global Markets, Inc. (NASDAQ:CBOE) has been given a consensus rating of “Hold” by the eight brokerages that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $206.86.

A number of research firms have recently weighed in on CBOE. Bank of America increased their target price on shares of Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a report on Monday, February 10th. William Blair began coverage on shares of Cboe Global Markets in a report on Thursday, January 9th. They set a “market perform” rating for the company. Barclays increased their target price on shares of Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a report on Monday, February 10th. The Goldman Sachs Group lowered shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price for the company. in a report on Monday, January 6th. Finally, Oppenheimer decreased their price target on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a research note on Monday, January 13th.

Cboe Global Markets Stock Up 1.3 %

NASDAQ CBOE opened at $208.00 on Friday. The company’s 50-day simple moving average is $200.57. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets has a 12-month low of $166.13 and a 12-month high of $221.66. The stock has a market capitalization of $21.77 billion, a price-to-earnings ratio of 28.81, a price-to-earnings-growth ratio of 1.75 and a beta of 0.68.

Cboe Global Markets (NASDAQ:CBOE) last posted its earnings results on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. During the same quarter in the previous year, the business earned $2.06 EPS. Equities analysts expect that Cboe Global Markets will post 8.96 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date of this dividend is Friday, February 28th. Cboe Global Markets’s payout ratio is currently 34.90%.

Insider Buying and Selling at Cboe Global Markets

In other Cboe Global Markets news, CAO Allen Wilkinson sold 228 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $211.12, for a total transaction of $48,135.36. Following the completion of the transaction, the chief accounting officer now owns 248 shares of the company’s stock, valued at approximately $52,357.76. This trade represents a 47.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Dave Howson sold 11,036 shares of the firm’s stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the transaction, the executive vice president now directly owns 8,025 shares of the company’s stock, valued at $1,653,230.25. This represents a 57.90 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 11,544 shares of company stock valued at $2,380,529. Corporate insiders own 0.22% of the company’s stock.

Hedge Funds Weigh In On Cboe Global Markets

Institutional investors and hedge funds have recently made changes to their positions in the business. B. Riley Wealth Advisors Inc. increased its position in shares of Cboe Global Markets by 13.2% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 1,346 shares of the company’s stock valued at $263,000 after acquiring an additional 157 shares in the last quarter. Peak Retirement Planning Inc. bought a new stake in shares of Cboe Global Markets during the fourth quarter valued at approximately $815,000. Toronto Dominion Bank increased its position in shares of Cboe Global Markets by 6.8% during the fourth quarter. Toronto Dominion Bank now owns 56,019 shares of the company’s stock valued at $10,946,000 after acquiring an additional 3,589 shares in the last quarter. Woodline Partners LP bought a new stake in shares of Cboe Global Markets during the fourth quarter valued at approximately $1,228,000. Finally, iSAM Funds UK Ltd bought a new stake in shares of Cboe Global Markets during the fourth quarter valued at approximately $234,000. Institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Company Profile

Cboe Global Markets, Inc is one of the largest stock exchange operators by volume in the United States and a leading market globally for ETP trading. Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the VIX Index.