1 day Ago By ABMN Staff
Cboe Global Markets, Inc. ( BATS:CBOE – Get Free Report ) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $213.
44 and last traded at $213.27, with a volume of 469982 shares traded. The stock had previously closed at $209.
59. Analyst Upgrades and Downgrades CBOE has been the subject of several research reports. Piper Sandler restated an “overweight” rating and set a $210.
00 price target (up from $203.00) on shares of Cboe Global Markets in a report on Monday, August 5th. Keefe, Bruyette & Woods boosted their price target on shares of Cboe Global Markets from $197.
00 to $198.00 and gave the company a “market perform” rating in a report on Monday, August 5th. Barclays upped their price target on shares of Cboe Global Markets from $194.
00 to $218.00 and gave the stock an “overweight” rating in a research note on Monday, August 5th. Deutsche Bank Aktiengesellschaft lifted their price objective on Cboe Global Markets from $186.
00 to $205.00 and gave the company a “hold” rating in a research report on Thursday, August 15th. Finally, Oppenheimer upped their target price on Cboe Global Markets from $199.
00 to $209.00 and gave the stock an “outperform” rating in a research report on Monday, August 5th. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company.
According to data from MarketBeat, Cboe Global Markets presently has an average rating of “Hold” and a consensus target price of $199.64. Get Our Latest Stock Report on CBOE Cboe Global Markets Price Performance Cboe Global Markets ( BATS:CBOE – Get Free Report ) last released its quarterly earnings results on Friday, August 2nd.
The company reported $2.15 EPS for the quarter, beating analysts’ consensus estimates of $2.10 by $0.
05. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.
05%. The company had revenue of $513.80 million for the quarter, compared to analyst estimates of $514.
51 million. During the same quarter last year, the firm posted $1.78 earnings per share.
The company’s quarterly revenue was up 10.0% compared to the same quarter last year. Sell-side analysts predict that Cboe Global Markets, Inc.
will post 6.41 earnings per share for the current fiscal year. Cboe Global Markets Increases Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, September 13th.
Stockholders of record on Friday, August 30th were given a $0.63 dividend. This is an increase from Cboe Global Markets’s previous quarterly dividend of $0.
55. This represents a $2.52 annualized dividend and a dividend yield of 1.
19%. The ex-dividend date was Friday, August 30th. Cboe Global Markets’s dividend payout ratio (DPR) is currently 98.
97%. Cboe Global Markets declared that its board has authorized a stock repurchase program on Friday, August 16th that allows the company to buyback $500.00 million in shares.
This buyback authorization allows the company to reacquire up to 2.3% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.
Insider Activity at Cboe Global Markets In other Cboe Global Markets news, COO Christopher A. Isaacson sold 6,000 shares of Cboe Global Markets stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $175.
00, for a total value 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 sale was disclosed in a document filed with the SEC, which is accessible through this link . In related news, CFO Jill Griebenow sold 1,622 shares of Cboe Global Markets stock in a transaction dated Wednesday, September 4th. The stock was sold at an average price of $213.
33, for a total transaction of $346,021.26. Following the sale, the chief financial officer now directly owns 8,844 shares of the company’s stock, valued at $1,886,690.
52. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link . Also, COO Christopher A.
Isaacson sold 6,000 shares of the company’s 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 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 .
Insiders sold a total of 24,261 shares of company stock worth $4,654,822 in the last 90 days. 0.51% of the stock is owned by company insiders.
Institutional Trading of Cboe Global Markets A number of institutional investors and hedge funds have recently modified their holdings of the company. Accuvest Global Advisors acquired a new position in Cboe Global Markets during the fourth quarter worth $345,000. Hilltop Holdings Inc.
lifted its holdings in Cboe Global Markets by 1.8% during the 4th quarter. Hilltop Holdings Inc.
now owns 16,715 shares of the company’s stock valued at $2,985,000 after purchasing an additional 298 shares during the last quarter. National Bank of Canada FI boosted its position in Cboe Global Markets by 18.4% in the second quarter.
National Bank of Canada FI now owns 35,069 shares of the company’s stock valued at $6,026,000 after buying an additional 5,458 shares in the last quarter. Nordea Investment Management AB grew its stake in Cboe Global Markets by 15.2% during the first quarter.
Nordea Investment Management AB now owns 422,373 shares of the company’s stock worth $76,935,000 after buying an additional 55,859 shares during the last quarter. Finally, Cim LLC acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth approximately $1,138,000. 81.
73% of the stock is currently owned by institutional investors. About Cboe Global Markets ( Get Free Report ) 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.
Further Reading Receive News & Ratings for Cboe Global Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cboe Global Markets and related companies with MarketBeat.com's FREE daily email newsletter ..
