Analysts have set a target price for Cboe Global Markets, Inc. (BATS:CBOE) at $199.64

Shares of Cboe Global Markets, Inc. (BATS:CBOE – Get Free Report ) has earned a consensus recommendation of “Hold” from the twelve research firms that are covering the firm, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $199.64.

Several analysts have commented on the stock. Piper Sandler restated an “overweight” rating and set a $210.00 price objective (up from $203.00) on shares of Cboe Global Markets in a research note on Monday, August 5th. Rosenblatt Securities boosted their target price on shares of Cboe Global Markets from $200.00 to $205.00 and gave the company a “buy” rating in a research note on Monday, May 6th. Oppenheimer upped their target price on shares of Cboe Global Markets from $199.00 to $209.00 and gave the stock an “outperform” rating in a report on Monday, August 5th. JPMorgan Chase & Co. raised shares of Cboe Global Markets from an “underweight” rating to a “neutral” rating and boosted their target price for the stock from $168.00 to $195.00 in a report on Monday, August 5th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Cboe Global Markets from $186.00 to $205.00 and gave the stock a “hold” rating in a report on Thursday, August 15th.

See the latest stock analysis on the CBOE

Insider buying and selling

In related news, COO Christopher A. Isaacson sold 6,000 shares of the company’s 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 completion of the sale, the chief operating officer now directly owns 51,855 shares in the company, valued at $9,074,625. The transaction was disclosed in a filing with the SEC, which is available on the SEC’s website. In other Cboe Global Markets news, EVP Dave Howson sold 2,500 shares of the stock in a transaction dated Monday, July 22nd. The shares were sold at an average price of $186.67, for a total transaction of $466,675.00. Following the completion of the transaction, the executive vice president now owns 15,073 shares of the company’s stock, valued at $2,813,676.91. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 transaction, the chief operating officer now directly owns 51,855 shares of the company’s stock, valued at approximately $9,074,625. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 16,565 shares of company stock worth $3,063,663. Insiders hold 0.51% of the company’s stock.

Institutional inputs and outputs

Several hedge funds have recently bought and sold shares of the stock. FinTrust Capital Advisors LLC raised its stake in shares of Cboe Global Markets by 170.0% in the first quarter. FinTrust Capital Advisors LLC now owns 135 shares of the company’s stock valued at $25,000 after purchasing an additional 85 shares during the period. Optiver Holding BV purchased a new position in shares of Cboe Global Markets in the fourth quarter valued at about $29,000. ORG Partners LLC purchased a new position in shares of Cboe Global Markets in the second quarter valued at about $30,000. Redmont Wealth Advisors LLC purchased a new position in shares of Cboe Global Markets in the first quarter valued at approximately $42,000. Finally, Riverview Trust Co purchased a new position in shares of Cboe Global Markets in the first quarter valued at approximately $44,000. Hedge funds and other institutional investors own 81.73% of the company’s shares.

Cboe global markets stocks rose 1.5%

Shares of CBOE opened at $210.03 on Tuesday. The firm has a 50-day moving average of $183.61 and a 200-day moving average of $182.53. The stock has a market cap of $22.28 billion, a PE ratio of 108.26 and a beta of 0.61. The company has a quick ratio of 1.21, a current ratio of 1.21, and a debt-to-equity ratio of 0.60. Cboe Global Markets has a 52 week low of $103.82 and a 52 week high of $139.00.

Cboe Global Markets (BATS:CBOE – Get Free Report ) last released its earnings results on Friday, August 2nd. The company reported $2.15 EPS for the quarter, topping analysts’ consensus estimates of $2.10 by $0.05. The company had revenue of $513.80 million during the quarter, compared to analysts’ expectations of $514.51 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. Cboe Global Markets’ revenue for the quarter was up 10.0% on a year-over-year basis. During the same period last year, the business earned $1.78 EPS. sell-side analysts forecast that Cboe Global Markets will post 6.41 earnings per share for the current year.

Cboe Global Markets Raises Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 13th. Investors of record on Friday, August 30th will be paid a dividend of $0.63 per share. This is an increase from Cboe Global Markets’ previous quarterly dividend of $0.55. This represents an annualized dividend of $2.52 and a yield of 1.20%. The ex-dividend date is Friday, August 30. Cboe Global Markets’ dividend payout ratio (DPR) is currently 98.97%.

About Cboe Global Markets

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Cboe Global Markets, Inc, through its subsidiaries, operates as a global options exchange. 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 Equity segment trades in the listed US

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