Cboe Global Markets (NASDAQ:CBOE)‘s stock had its “buy” rating reaffirmed by investment analysts at UBS Group in a report released on Tuesday, The Fly reports. They currently have a $120.00 target price on the financial services provider’s stock, down from their prior target price of $136.00. UBS Group’s price objective would suggest a potential upside of 8.42% from the company’s previous close.

CBOE has been the subject of a number of other reports. Rosenblatt Securities raised shares of Cboe Global Markets from a “neutral” rating to a “buy” rating in a research note on Monday. BidaskClub raised shares of Cboe Global Markets from a “hold” rating to a “buy” rating in a research note on Friday, January 26th. Deutsche Bank boosted their target price on shares of Cboe Global Markets from $106.00 to $108.00 and gave the stock a “hold” rating in a research note on Wednesday, November 8th. JPMorgan Chase & Co. downgraded shares of Cboe Global Markets from an “overweight” rating to a “neutral” rating and set a $84.00 target price for the company. in a research note on Wednesday, February 7th. Finally, Zacks Investment Research downgraded shares of Cboe Global Markets from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Eight research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $115.82.

Cboe Global Markets (NASDAQ:CBOE) opened at $110.68 on Tuesday. Cboe Global Markets has a 1-year low of $77.33 and a 1-year high of $138.54. The stock has a market cap of $12,152.46, a PE ratio of 31.18, a P/E/G ratio of 1.15 and a beta of 0.46. The company has a current ratio of 1.31, a quick ratio of 1.57 and a debt-to-equity ratio of 0.40.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings results on Friday, February 9th. The financial services provider reported $0.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by ($0.01). Cboe Global Markets had a net margin of 17.80% and a return on equity of 12.74%. The firm had revenue of $265.60 million for the quarter, compared to the consensus estimate of $267.25 million. During the same period in the prior year, the business earned $0.63 earnings per share. The company’s revenue for the quarter was up 85.7% on a year-over-year basis. equities analysts predict that Cboe Global Markets will post 4.73 earnings per share for the current fiscal year.

In related news, VP Christopher A. Isaacson sold 7,019 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $124.42, for a total transaction of $873,303.98. Following the completion of the sale, the vice president now directly owns 90,229 shares of the company’s stock, valued at $11,226,292.18. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Christopher Mitchell sold 670 shares of the business’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $120.89, for a total transaction of $80,996.30. Following the sale, the director now directly owns 8,808 shares of the company’s stock, valued at $1,064,799.12. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 12,989 shares of company stock valued at $1,622,840. Insiders own 1.86% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the stock. SeaCrest Wealth Management LLC bought a new stake in shares of Cboe Global Markets during the fourth quarter worth approximately $143,000. AlphaOne Investment Services LLC bought a new stake in shares of Cboe Global Markets during the fourth quarter worth approximately $162,000. Mitsubishi UFJ Securities Holdings Co. Ltd. raised its stake in shares of Cboe Global Markets by 240.0% during the fourth quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,360 shares of the financial services provider’s stock worth $169,000 after buying an additional 960 shares during the last quarter. IBM Retirement Fund bought a new stake in shares of Cboe Global Markets during the fourth quarter worth approximately $204,000. Finally, Advisor Partners LLC bought a new stake in shares of Cboe Global Markets during the fourth quarter worth approximately $228,000. 83.54% of the stock is owned by institutional investors and hedge funds.

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About Cboe Global Markets

Cboe Global Markets, Inc, formerly CBOE Holdings, Inc, is a holding company. The Company provides trading and investment solutions to investors around the world. It offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, United States and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index).

The Fly

Analyst Recommendations for Cboe Global Markets (NASDAQ:CBOE)

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