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

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

Cboe Global Markets Stock Up 1.1 %

Shares of NASDAQ:CBOE traded up $2.11 during trading on Thursday, hitting $200.54. 303,540 shares of the company were exchanged, compared to its average volume of 820,716. Cboe Global Markets has a 1-year low of $166.13 and a 1-year high of $216.95. The company has a market capitalization of $20.99 billion, a PE ratio of 22.95, a price-to-earnings-growth ratio of 1.66 and a beta of 0.67. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39.

Cboe Global Markets Announces Dividend

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Janus Henderson Group PLC raised its stake in shares of Cboe Global Markets by 0.3% during the third quarter. Janus Henderson Group PLC now owns 1,528,295 shares of the company’s stock valued at $313,090,000 after acquiring an additional 5,216 shares during the last quarter. Harmony Asset Management LLC bought a new position in Cboe Global Markets during the 3rd quarter worth $15,175,000. Erste Asset Management GmbH bought a new position in Cboe Global Markets during the 3rd quarter worth $11,191,000. Benjamin Edwards Inc. lifted its holdings in Cboe Global Markets by 5,967.5% during the 3rd quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company’s stock worth $6,203,000 after buying an additional 29,778 shares during the period. Finally, Investment Management Corp of Ontario grew its position in shares of 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. Institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Company Profile

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.