Cboe Global Markets (BATS:CBOE) Given New $212.00 Price Target at Deutsche Bank Aktiengesellschaft

Cboe Global Markets (BATS:CBOE) had its price target decreased by Deutsche Bank Aktiengesellschaft from $214.00 to $212.00 in a report released on Monday, Benzinga reports. The brokerage presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target indicates a potential downside of 0.17% from the stock’s previous close.

A number of other research firms also recently weighed in on CBOE. Barclays reduced their target price on Cboe Global Markets from $239.00 to $230.00 and set an “overweight” rating on the stock in a report on Monday. Keefe, Bruyette & Woods boosted their price target on Cboe Global Markets from $197.00 to $198.00 and gave the stock a “market perform” rating in a research report on Monday, August 5th. TD Cowen started coverage on Cboe Global Markets in a research report on Thursday, September 26th. They issued a “hold” rating and a $205.00 price target on the stock. Royal Bank of Canada reissued a “sector perform” rating and issued a $220.00 price target on shares of Cboe Global Markets in a research report on Monday. Finally, JPMorgan Chase & Co. raised Cboe Global Markets from an “underweight” rating to a “neutral” rating and boosted their price target for the stock from $168.00 to $195.00 in a research report on Monday, August 5th. Eight analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Cboe Global Markets has an average rating of “Hold” and an average price target of $208.58.

Cboe Global Markets Stock Up 1.3 %

CBOE stock opened at $212.37 on Monday. Cboe Global Markets has a fifty-two week low of $103.82 and a fifty-two week high of $139.00. The business’s 50 day moving average price is $209.57 and its two-hundred day moving average price is $191.79. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. The company has a market capitalization of $22.52 billion, a price-to-earnings ratio of 109.47 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last posted its earnings results on Friday, November 1st. The company reported $2.22 earnings per share for the quarter, topping analysts’ consensus estimates of $2.19 by $0.03. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The firm had revenue of $532.00 million for the quarter, compared to the consensus estimate of $530.46 million. During the same quarter in the prior year, the business earned $2.06 EPS. The business’s revenue for the quarter was up 10.7% on a year-over-year basis. As a group, analysts forecast that Cboe Global Markets will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets declared that its board has initiated a stock repurchase plan on Friday, August 16th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the company to repurchase up to 2.3% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

Insider Activity at Cboe Global Markets

In other news, COO Christopher A. Isaacson sold 6,000 shares of the stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $204.89, for a total transaction of $1,229,340.00. Following the transaction, the chief operating officer now directly owns 39,855 shares of the company’s stock, valued at $8,165,890.95. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, CFO Jill Griebenow sold 1,622 shares of the stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of $213.33, for a total transaction of $346,021.26. Following the transaction, the chief financial officer now directly owns 8,844 shares of the company’s stock, valued at $1,886,690.52. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Christopher A. Isaacson sold 6,000 shares of the stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $204.89, for a total value of $1,229,340.00. Following the transaction, the chief operating officer now directly owns 39,855 shares in the company, valued at $8,165,890.95. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 7,696 shares of company stock valued at $1,591,160. 0.51% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Cboe Global Markets

Several hedge funds and other institutional investors have recently modified their holdings of CBOE. FinTrust Capital Advisors LLC lifted its holdings in shares of Cboe Global Markets by 170.0% during the 1st quarter. FinTrust Capital Advisors LLC now owns 135 shares of the company’s stock valued at $25,000 after buying an additional 85 shares during the period. ORG Partners LLC bought a new position in shares of Cboe Global Markets during the 2nd quarter valued at $30,000. Friedenthal Financial bought a new position in shares of Cboe Global Markets during the 3rd quarter valued at $49,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Cboe Global Markets in the 2nd quarter worth $51,000. Finally, GPS Wealth Strategies Group LLC increased its stake in shares of Cboe Global Markets by 59.1% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 331 shares of the company’s stock worth $56,000 after purchasing an additional 123 shares in the last quarter. 81.73% of the stock is owned by institutional investors.

Cboe Global Markets Company Profile

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.