Cboe Global Markets (NASDAQ:CBOE) Price Target Raised to $232.00 at Barclays

Cboe Global Markets (NASDAQ:CBOE) had its price objective increased by equities researchers at Barclays from $216.00 to $232.00 in a report released on Monday,Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Barclays‘s target price indicates a potential upside of 11.57% from the stock’s current price.

Several other equities research analysts have also issued reports on CBOE. StockNews.com raised shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Tuesday, March 4th. Keefe, Bruyette & Woods dropped their price target on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a research report on Monday, January 13th. Jefferies Financial Group decreased their price objective on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday, January 9th. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Finally, Bank of America raised their target price on Cboe Global Markets from $245.00 to $251.00 and gave the stock a “buy” rating in a research report on Monday, February 10th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $215.50.

Cboe Global Markets Stock Down 3.3 %

Cboe Global Markets stock traded down $7.15 during mid-day trading on Monday, reaching $207.94. The company had a trading volume of 497,583 shares, compared to its average volume of 821,719. The company has a current ratio of 1.78, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The stock has a market cap of $21.77 billion, a price-to-earnings ratio of 28.80, a price-to-earnings-growth ratio of 1.75 and a beta of 0.47. The stock’s 50 day simple moving average is $212.29. Cboe Global Markets has a 52 week low of $166.13 and a 52 week high of $234.37.

Cboe Global Markets (NASDAQ:CBOE) last released its earnings results on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. During the same period last year, the company earned $2.06 EPS. On average, analysts predict that Cboe Global Markets will post 8.96 earnings per share for the current fiscal year.

Insider Activity at Cboe Global Markets

In other news, EVP Dave Howson sold 11,036 shares of the stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $206.01, for a total transaction of $2,273,526.36. Following the sale, the executive vice president now owns 8,025 shares in the company, valued at approximately $1,653,230.25. This represents a 57.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Adam Inzirillo sold 200 shares of the firm’s stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $209.67, for a total value of $41,934.00. Following the completion of the sale, the executive vice president now owns 1,993 shares of the company’s stock, valued at approximately $417,872.31. This trade represents a 9.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,544 shares of company stock valued at $2,380,529 in the last three months. Corporate insiders own 0.22% of the company’s stock.

Institutional Investors Weigh In On Cboe Global Markets

A number of institutional investors and hedge funds have recently made changes to their positions in CBOE. Greenline Partners LLC acquired a new stake in Cboe Global Markets in the fourth quarter worth about $29,000. Lee Danner & Bass Inc. bought a new position in shares of Cboe Global Markets in the 4th quarter worth $29,000. Kestra Investment Management LLC acquired a new stake in shares of Cboe Global Markets during the fourth quarter worth $31,000. Sugar Maple Asset Management LLC acquired a new position in Cboe Global Markets in the fourth quarter valued at about $36,000. Finally, Generali Asset Management SPA SGR bought a new position in Cboe Global Markets during the fourth quarter worth about $37,000. 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.