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

Cboe Global Markets (NASDAQ:CBOE) had its target price increased by Barclays from $212.00 to $216.00 in a research note issued to investors on Monday morning,Benzinga reports. They currently have an equal weight rating on the stock.

A number of other research firms have also recently commented on CBOE. The Goldman Sachs Group cut 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. Jefferies Financial Group lowered their price objective on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a research report on Thursday, January 9th. StockNews.com lowered shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a research note on Friday, January 10th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $174.00 target price (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Finally, William Blair initiated coverage on Cboe Global Markets in a research report on Thursday, January 9th. They issued a “market perform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $206.86.

Cboe Global Markets Price Performance

Cboe Global Markets stock opened at $212.04 on Monday. The firm has a market capitalization of $22.20 billion, a PE ratio of 28.89, a PEG 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. The company has a fifty day simple moving average of $199.40. Cboe Global Markets has a 1-year low of $166.13 and a 1-year high of $221.66.

Cboe Global Markets (NASDAQ:CBOE) last issued its 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 return on equity of 22.33% and a net margin of 19.65%. During the same period last year, the business posted $2.06 EPS. On average, research analysts expect that Cboe Global Markets will post 8.64 earnings per share for the current fiscal year.

Cboe Global Markets Announces Dividend

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

Institutional Investors Weigh In On Cboe Global Markets

Institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in shares of Cboe Global Markets by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 12,628,964 shares of the company’s stock worth $2,467,700,000 after buying an additional 56,233 shares in the last quarter. Alliancebernstein L.P. raised its position in Cboe Global Markets by 208.4% in the fourth quarter. Alliancebernstein L.P. now owns 7,685,489 shares of the company’s stock worth $1,501,745,000 after acquiring an additional 5,193,339 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Cboe Global Markets by 1.6% in the fourth quarter. Geode Capital Management LLC now owns 2,740,937 shares of the company’s stock valued at $535,994,000 after acquiring an additional 44,291 shares during the period. Janus Henderson Group PLC lifted its holdings in Cboe Global Markets by 0.3% in the third quarter. Janus Henderson Group PLC now owns 1,528,295 shares of the company’s stock valued at $313,090,000 after acquiring an additional 5,216 shares during the period. Finally, Norges Bank purchased a new stake in shares of Cboe Global Markets during the 4th quarter worth $269,524,000. Hedge funds and other 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.