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

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

Cboe Global Markets Stock Performance

Cboe Global Markets stock traded up $2.11 during trading hours on Thursday, reaching $200.54. 303,540 shares of the company’s stock were exchanged, compared to its average volume of 820,716. Cboe Global Markets has a twelve month low of $166.13 and a twelve month high of $216.95. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The company has a market cap of $20.99 billion, a P/E ratio of 22.95, a PEG ratio of 1.66 and a beta of 0.67.

Cboe Global Markets Dividend Announcement

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

Hedge Funds Weigh In On Cboe Global Markets

A number of large investors have recently modified their holdings of the company. Janus Henderson Group PLC increased its holdings in Cboe Global Markets by 0.3% during the 3rd quarter. Janus Henderson Group PLC now owns 1,528,295 shares of the company’s stock worth $313,090,000 after purchasing an additional 5,216 shares in the last quarter. Harmony Asset Management LLC bought a new position in shares of Cboe Global Markets during the third quarter valued at about $15,175,000. Erste Asset Management GmbH purchased a new position in Cboe Global Markets during the third quarter worth about $11,191,000. Benjamin Edwards Inc. grew its position in Cboe Global Markets by 5,967.5% in the 3rd quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company’s stock worth $6,203,000 after purchasing an additional 29,778 shares in the last quarter. Finally, Investment Management Corp of Ontario increased its stake in Cboe Global Markets by 10.1% in the 3rd quarter. Investment Management Corp of Ontario now owns 13,112 shares of the company’s stock valued at $2,686,000 after buying an additional 1,200 shares during the last quarter. 82.67% of the stock is currently 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.