Cboe Global Markets (NASDAQ:CBOE) Upgraded by StockNews.com to Hold Rating

StockNews.com upgraded shares of Cboe Global Markets (NASDAQ:CBOE) from a sell rating to a hold rating in a report issued on Thursday morning.

Cboe Global Markets Trading Up 1.1 %

NASDAQ:CBOE opened at $200.71 on Thursday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39. Cboe Global Markets has a twelve month low of $166.13 and a twelve month high of $216.95. The firm has a market capitalization of $21.01 billion, a PE ratio of 27.34, a P/E/G ratio of 1.66 and a beta of 0.67.

Cboe Global Markets Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.26%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.33%.

Institutional Trading of Cboe Global Markets

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Royal London Asset Management Ltd. grew its stake in Cboe Global Markets by 5.2% in the third quarter. Royal London Asset Management Ltd. now owns 48,490 shares of the company’s stock valued at $9,934,000 after acquiring an additional 2,401 shares during the period. Worldquant Millennium Advisors LLC bought a new position in shares of Cboe Global Markets in the 3rd quarter worth $5,664,000. Quantinno Capital Management LP grew its position in Cboe Global Markets by 11.7% in the 3rd quarter. Quantinno Capital Management LP now owns 25,204 shares of the company’s stock valued at $5,164,000 after purchasing an additional 2,632 shares during the period. Kovitz Investment Group Partners LLC increased its stake in Cboe Global Markets by 9.5% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 72,132 shares of the company’s stock valued at $14,778,000 after purchasing an additional 6,281 shares in the last quarter. Finally, Parallax Volatility Advisers L.P. lifted its stake in shares of Cboe Global Markets by 13.1% in the third quarter. Parallax Volatility Advisers L.P. now owns 5,761 shares of the company’s stock valued at $1,180,000 after buying an additional 666 shares in the last quarter. 82.67% of the stock is owned by institutional investors.

About Cboe Global Markets

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.