Tri Ri Asset Management Corp Buys New Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Tri Ri Asset Management Corp bought a new stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 26,843 shares of the company’s stock, valued at approximately $5,499,000. Cboe Global Markets accounts for 2.8% of Tri Ri Asset Management Corp’s portfolio, making the stock its 13th biggest position.

A number of other hedge funds and other institutional investors also recently bought and sold shares of CBOE. World Investment Advisors LLC purchased a new position in shares of Cboe Global Markets in the 3rd quarter valued at about $14,430,000. Rehmann Capital Advisory Group increased its position in Cboe Global Markets by 5.3% during the third quarter. Rehmann Capital Advisory Group now owns 1,253 shares of the company’s stock worth $257,000 after buying an additional 63 shares during the period. TD Private Client Wealth LLC increased its position in Cboe Global Markets by 149.0% during the third quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock worth $76,000 after buying an additional 222 shares during the period. Sunbelt Securities Inc. increased its position in Cboe Global Markets by 3.4% during the third quarter. Sunbelt Securities Inc. now owns 2,152 shares of the company’s stock worth $441,000 after buying an additional 71 shares during the period. Finally, Toronto Dominion Bank increased its position in Cboe Global Markets by 0.9% during the third quarter. Toronto Dominion Bank now owns 52,430 shares of the company’s stock worth $10,741,000 after buying an additional 465 shares during the period. 82.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CBOE has been the topic of several research analyst reports. Barclays lowered Cboe Global Markets from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $230.00 to $220.00 in a research report on Monday. StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Thursday, November 14th.

Cboe Global Markets Price Performance

NASDAQ:CBOE opened at $199.85 on Friday. The company has a market capitalization of $20.92 billion, a PE ratio of 23.61, a P/E/G ratio of 1.71 and a beta of 0.66. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a 12-month low of $166.13 and a 12-month high of $221.66.

Cboe Global Markets Announces Dividend

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

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.