Cboe Global Markets (NASDAQ:CBOE) Price Target Raised to $216.00

Cboe Global Markets (NASDAQ:CBOE) had its price objective boosted by Barclays from $212.00 to $216.00 in a report published on Monday morning,Benzinga reports. The firm currently has an equal weight rating on the stock.

Other analysts also recently issued research reports about the stock. 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. StockNews.com cut Cboe Global Markets from a “hold” rating to a “sell” rating in a research note on Friday, January 10th. The Goldman Sachs Group downgraded Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price on the stock. in a research report on Monday, January 6th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $174.00 price target (down from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Finally, Keefe, Bruyette & Woods reduced their price objective on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating on the stock in a report on Monday, January 13th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $206.86.

Cboe Global Markets Stock Performance

Shares of Cboe Global Markets stock opened at $212.04 on Monday. The stock’s 50 day moving average is $199.40. The stock has a market capitalization of $22.20 billion, a P/E ratio of 28.89, a price-to-earnings-growth ratio of 2.14 and a beta of 0.68. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39. Cboe Global Markets has a one year low of $166.13 and a one year high of $221.66.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a net margin of 19.65% and a return on equity of 22.33%. During the same quarter last year, the firm posted $2.06 EPS. On average, analysts predict that Cboe Global Markets will post 8.64 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 1.19%. The ex-dividend date of this dividend is Friday, February 28th. Cboe Global Markets’s payout ratio is currently 34.33%.

Hedge Funds Weigh In On Cboe Global Markets

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Lee Danner & Bass Inc. acquired a new stake in shares of Cboe Global Markets in the fourth quarter valued at $29,000. Kestra Investment Management LLC acquired a new position in Cboe Global Markets during the 4th quarter worth $31,000. Sugar Maple Asset Management LLC purchased a new stake in Cboe Global Markets during the 4th quarter worth about $36,000. Generali Asset Management SPA SGR acquired a new stake in Cboe Global Markets in the 4th quarter valued at about $37,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of Cboe Global Markets in the 4th quarter valued at about $39,000. Hedge funds and other institutional investors own 82.67% of the company’s stock.

About Cboe Global Markets

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.