Cboe Global Markets, Inc. (BATS:CBOE) Receives Average Rating of “Moderate Buy” from Brokerages

Cboe Global Markets, Inc. (BATS:CBOE) has earned a consensus recommendation of “Moderate Buy” from the nine brokerages that are covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $183.78.

A number of research analysts recently commented on CBOE shares. Oppenheimer increased their price target on Cboe Global Markets from $201.00 to $206.00 and gave the company an “outperform” rating in a report on Monday, February 5th. Rosenblatt Securities increased their target price on Cboe Global Markets from $192.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, February 5th. Citigroup increased their target price on Cboe Global Markets from $170.00 to $188.00 and gave the stock a “neutral” rating in a report on Friday, January 12th. Finally, Barclays reduced their target price on Cboe Global Markets from $204.00 to $200.00 and set an “overweight” rating on the stock in a report on Monday, February 5th.

Insider Transactions at Cboe Global Markets

In other news, EVP Dave Howson sold 5,322 shares of the stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $186.96, for a total transaction of $995,001.12. Following the sale, the executive vice president now directly owns 17,573 shares in the company, valued at approximately $3,285,448.08. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.51% of the company’s stock.

Institutional Trading of Cboe Global Markets

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Nomura Holdings Inc. acquired a new stake in shares of Cboe Global Markets during the 4th quarter worth approximately $12,640,000. HighPoint Advisor Group LLC acquired a new stake in Cboe Global Markets in the 4th quarter valued at approximately $1,606,000. Quadrature Capital Ltd increased its position in Cboe Global Markets by 86.7% in the 4th quarter. Quadrature Capital Ltd now owns 30,279 shares of the company’s stock valued at $5,409,000 after acquiring an additional 14,058 shares during the period. B. Riley Wealth Advisors Inc. increased its position in Cboe Global Markets by 55.7% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 3,808 shares of the company’s stock valued at $680,000 after acquiring an additional 1,362 shares during the period. Finally, Yeomans Consulting Group Inc. acquired a new stake in Cboe Global Markets in the 4th quarter valued at approximately $223,000. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Trading Up 1.0 %

Shares of CBOE opened at $179.88 on Friday. The company has a market capitalization of $19.08 billion, a P/E ratio of 92.72 and a beta of 0.61. Cboe Global Markets has a one year low of $103.82 and a one year high of $139.00. 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 stock has a 50-day moving average price of $186.06 and a 200 day moving average price of $175.36.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings results on Friday, February 2nd. The company reported $2.06 EPS for the quarter, beating analysts’ consensus estimates of $2.04 by $0.02. The firm had revenue of $499.00 million during the quarter, compared to the consensus estimate of $510.65 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. Cboe Global Markets’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.80 earnings per share. Sell-side analysts forecast that Cboe Global Markets will post 6.41 EPS for the current fiscal year.

Cboe Global Markets Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Thursday, February 29th were given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend was Wednesday, February 28th. Cboe Global Markets’s payout ratio is 98.97%.

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.