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

Shares of Cboe Global Markets, Inc. (BATS:CBOE) reached 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 analysts have recently commented on the company. Barclays boosted their price objective on Cboe Global Markets from $211.00 to $215.00 and gave the company an “overweight” rating in a research report on Monday, May 6th. Oppenheimer reaffirmed an “outperform” rating and issued a $206.00 price target on shares of Cboe Global Markets in a research note on Monday, May 6th. Bank of America boosted their price objective on Cboe Global Markets from $200.00 to $204.00 and gave the stock a “buy” rating in a research note on Friday, April 19th. 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 report on Tuesday, April 9th. Finally, Rosenblatt Securities increased their price objective on Cboe Global Markets from $200.00 to $205.00 and gave the company a “buy” rating in a research note on Monday, May 6th. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $191.00.

Cboe Global Markets Stock Up 0.3 %

The stock has a market capitalization of $17.97 billion, a price-to-earnings ratio of 87.33 and a beta of 0.61. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The business has a fifty day moving average of $177.28 and a 200 day moving average of $180.57.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings results on Friday, May 3rd. The company reported $2.15 EPS for the quarter, beating the consensus estimate of $2.04 by $0.11. The business had revenue of $502.10 million for the quarter, compared to analyst estimates of $504.80 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The company’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.90 EPS. As a group, equities analysts predict 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 $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date was Friday, May 31st. Cboe Global Markets’s dividend payout ratio (DPR) is 98.97%.

Insider Transactions at Cboe Global Markets

In related news, COO Christopher A. Isaacson sold 6,000 shares of Cboe Global Markets stock in a transaction that occurred on 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 completion of the sale, the chief operating officer now owns 51,855 shares in the company, valued at approximately $9,074,625. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, COO Christopher A. Isaacson sold 6,000 shares of the stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $175.00, for a total transaction 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Catherine R. Clay sold 1,100 shares of Cboe Global Markets 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

Several hedge funds and other institutional investors have recently made changes to their positions in CBOE. Monument Capital Management purchased a new stake in Cboe Global Markets during the fourth quarter worth approximately $215,000. Illinois Municipal Retirement Fund boosted its holdings in shares of Cboe Global Markets by 30.8% in the 4th quarter. Illinois Municipal Retirement Fund now owns 8,004 shares of the company’s stock valued at $1,429,000 after buying an additional 1,883 shares in the last quarter. Accuvest Global Advisors acquired a new position in shares of Cboe Global Markets in the 4th quarter valued at $345,000. McGuire Investment Group LLC grew its position in shares of Cboe Global Markets by 0.9% in the 4th quarter. McGuire Investment Group LLC now owns 94,024 shares of the company’s stock valued at $16,789,000 after buying an additional 867 shares during the last quarter. Finally, Seelaus Asset Management LLC acquired a new stake in Cboe Global Markets during the 4th quarter worth $352,000. Hedge funds and other institutional investors own 81.73% of the company’s stock.

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.