Cboe Global Markets Inc (CBOE) Given Average Rating of “Hold” by Analysts

Shares of Cboe Global Markets Inc (NASDAQ:CBOE) have received an average recommendation of “Hold” from the sixteen analysts that are currently covering the company, MarketBeat reports. Nine analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $115.38.

Several analysts have issued reports on the stock. BidaskClub upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Saturday, August 25th. Zacks Investment Research upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Tuesday, July 31st. Rosenblatt Securities assumed coverage on shares of Cboe Global Markets in a research report on Wednesday, September 5th. They set a “buy” rating and a $115.00 price target for the company. Raymond James upgraded shares of Cboe Global Markets from a “market perform” rating to an “outperform” rating in a research report on Monday, August 20th. Finally, Barclays cut their price target on shares of Cboe Global Markets from $110.00 to $107.00 and set an “equal weight” rating for the company in a research report on Monday, July 30th.

In other news, Director Frank E. Jr. English sold 1,185 shares of the company’s stock in a transaction dated Tuesday, September 11th. The shares were sold at an average price of $104.17, for a total transaction of $123,441.45. Following the completion of the transaction, the director now directly owns 4,137 shares of the company’s stock, valued at $430,951.29. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Christopher A. Isaacson sold 8,720 shares of the company’s stock in a transaction dated Thursday, August 30th. The shares were sold at an average price of $100.03, for a total transaction of $872,261.60. Following the transaction, the vice president now directly owns 86,220 shares of the company’s stock, valued at $8,624,586.60. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 10,905 shares of company stock valued at $1,109,253. Insiders own 0.89% of the company’s stock.

Large investors have recently modified their holdings of the company. Braun Bostich & Associates Inc. raised its stake in Cboe Global Markets by 1,391.0% in the second quarter. Braun Bostich & Associates Inc. now owns 999 shares of the financial services provider’s stock worth $104,000 after buying an additional 932 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. raised its stake in Cboe Global Markets by 83.2% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,196 shares of the financial services provider’s stock worth $115,000 after buying an additional 543 shares in the last quarter. Piedmont Investment Advisors LLC bought a new position in Cboe Global Markets in the second quarter worth about $133,000. Dupont Capital Management Corp raised its stake in Cboe Global Markets by 65.8% in the second quarter. Dupont Capital Management Corp now owns 1,529 shares of the financial services provider’s stock worth $159,000 after buying an additional 607 shares in the last quarter. Finally, Commonwealth Equity Services LLC bought a new position in Cboe Global Markets in the second quarter worth about $202,000. 81.98% of the stock is owned by hedge funds and other institutional investors.

NASDAQ CBOE traded down $0.12 during trading on Monday, hitting $107.27. 696,315 shares of the company’s stock traded hands, compared to its average volume of 1,117,148. Cboe Global Markets has a 12-month low of $91.10 and a 12-month high of $138.54.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings results on Friday, November 2nd. The financial services provider reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.05. The business had revenue of $270.50 million for the quarter, compared to analysts’ expectations of $269.08 million. During the same quarter in the previous year, the company earned $0.89 earnings per share. The business’s quarterly revenue was up .3% on a year-over-year basis.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 14th. Stockholders of record on Friday, November 30th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.16%. The ex-dividend date is Thursday, November 29th.

About Cboe Global Markets

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange in the United States. The company operates in five segments: Options, U.S. Equities, Futures, European Equities, and Global FX. The Options segment trades in listed market indexes. The U.S. Equities segment trades in listed cash equities; and provides exchange-traded products (ETP) transaction and ETP listing services.

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Analyst Recommendations for Cboe Global Markets (NASDAQ:CBOE)

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