Geode Capital Management LLC Lowers Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Geode Capital Management LLC cut its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 0.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,696,646 shares of the company's stock after selling 3,454 shares during the period. Geode Capital Management LLC owned 2.58% of Cboe Global Markets worth $551,837,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Cboe Global Markets during the 3rd quarter valued at $158,000. Coastwise Capital Group LLC bought a new position in Cboe Global Markets during the third quarter valued at $216,000. EP Wealth Advisors LLC purchased a new stake in shares of Cboe Global Markets in the third quarter valued at $392,000. M&T Bank Corp raised its stake in shares of Cboe Global Markets by 6.6% in the third quarter. M&T Bank Corp now owns 3,245 shares of the company's stock valued at $665,000 after acquiring an additional 201 shares during the period. Finally, Jacobs Levy Equity Management Inc. bought a new stake in shares of Cboe Global Markets in the 3rd quarter worth about $881,000. 82.67% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on CBOE shares. Barclays lowered shares of Cboe Global Markets from an "overweight" rating to an "equal weight" rating and reduced their price objective for the stock from $230.00 to $220.00 in a research report on Monday. StockNews.com upgraded Cboe Global Markets from a "sell" rating to a "hold" rating in a report on Thursday, November 14th.

Cboe Global Markets Stock Up 0.6 %

Shares of CBOE traded up $1.13 during trading hours on Friday, reaching $200.98. 536,581 shares of the company traded hands, compared to its average volume of 834,521. 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 firm has a market capitalization of $21.04 billion, a P/E ratio of 27.38, a P/E/G ratio of 1.71 and a beta of 0.66. 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 disclosed a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be given a $0.63 dividend. The ex-dividend date is Friday, November 29th. This represents a $2.52 annualized dividend and a yield of 1.25%. Cboe Global Markets's dividend payout ratio (DPR) is 34.33%.

Cboe Global Markets 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.