Cboe Global Markets (BATS:CBOE) Hits New 1-Year High – Here’s What Happened

Cboe Global Markets, Inc. (BATS:CBOE)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $194.36 and last traded at $214.24, with a volume of 1780143 shares. The stock had previously closed at $193.37.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on CBOE. Deutsche Bank Aktiengesellschaft upgraded shares of Cboe Global Markets from a “hold” rating to a “buy” rating and lifted their price objective for the company from $212.00 to $222.00 in a research note on Monday, November 11th. Royal Bank of Canada restated a “sector perform” rating and set a $220.00 price objective on shares of Cboe Global Markets in a research note on Monday, November 4th. Morgan Stanley lowered Cboe Global Markets from an “equal weight” rating to an “underweight” rating and set a $199.00 target price on the stock. in a research report on Wednesday, November 6th. Finally, Barclays decreased their price target on shares of Cboe Global Markets from $239.00 to $230.00 and set an “overweight” rating for the company in a research report on Monday, November 4th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Cboe Global Markets currently has an average rating of “Hold” and a consensus price target of $211.36.

Cboe Global Markets Trading Up 7.0 %

The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The business’s fifty day simple moving average is $199.57 and its 200 day simple moving average is $204.35. The stock has a market cap of $21.95 billion, a price-to-earnings ratio of 106.69 and a beta of 0.61.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings data on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing analysts’ consensus estimates of $2.13 by ($0.03). Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. On average, research analysts predict that Cboe Global Markets, Inc. will post 6.41 EPS for the current year.

Institutional Trading of Cboe Global Markets

Several hedge funds have recently made changes to their positions in CBOE. Livforsakringsbolaget Skandia Omsesidigt increased its position in Cboe Global Markets by 700.0% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 800 shares of the company’s stock worth $163,000 after buying an additional 700 shares during the period. Ritholtz Wealth Management grew its position in shares of Cboe Global Markets by 1.4% during the third quarter. Ritholtz Wealth Management now owns 5,952 shares of the company’s stock worth $1,219,000 after acquiring an additional 85 shares during the last quarter. Exchange Traded Concepts LLC increased its holdings in shares of Cboe Global Markets by 6.1% in the 3rd quarter. Exchange Traded Concepts LLC now owns 3,710 shares of the company’s stock worth $760,000 after acquiring an additional 214 shares during the period. CX Institutional lifted its position in Cboe Global Markets by 7.2% in the 3rd quarter. CX Institutional now owns 5,661 shares of the company’s stock valued at $1,160,000 after purchasing an additional 381 shares during the last quarter. Finally, Creative Planning boosted its stake in Cboe Global Markets by 79.5% during the 3rd quarter. Creative Planning now owns 15,427 shares of the company’s stock valued at $3,161,000 after purchasing an additional 6,831 shares during the period. Institutional investors own 81.73% of the company’s stock.

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.