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.

Cboe Global Markets Stock Up 1.1 %

Shares of NASDAQ:CBOE opened at $200.71 on Thursday. The company has a market cap of $21.01 billion, a PE ratio of 27.34, a P/E/G ratio of 1.70 and a beta of 0.67. Cboe Global Markets has a one year low of $166.13 and a one year high of $216.95. 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 Dividend Announcement

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

Hedge Funds Weigh In On Cboe Global Markets

Hedge funds and other institutional investors have recently made changes to their positions in the company. M&T Bank Corp lifted its position in shares of Cboe Global Markets by 6.6% in the 3rd quarter. M&T Bank Corp now owns 3,245 shares of the company’s stock worth $665,000 after purchasing an additional 201 shares during the period. Barclays PLC increased its holdings in Cboe Global Markets by 27.9% during the third quarter. Barclays PLC now owns 535,284 shares of the company’s stock valued at $109,662,000 after buying an additional 116,852 shares during the period. O Brien Greene & Co. Inc bought a new position in Cboe Global Markets in the third quarter worth approximately $8,187,000. Y Intercept Hong Kong Ltd purchased a new stake in Cboe Global Markets during the third quarter worth $6,089,000. Finally, MML Investors Services LLC boosted its position in Cboe Global Markets by 32.1% during the 3rd quarter. MML Investors Services LLC now owns 8,141 shares of the company’s stock valued at $1,668,000 after acquiring an additional 1,976 shares in the last quarter. Institutional investors own 82.67% of the company’s stock.

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.