Lord Abbett & CO. LLC Has $73.22 Million Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Lord Abbett & CO. LLC decreased its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 25.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 357,385 shares of the company's stock after selling 124,530 shares during the period. Lord Abbett & CO. LLC owned 0.34% of Cboe Global Markets worth $73,218,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Barclays PLC raised its position in shares of Cboe Global Markets by 27.9% in the 3rd quarter. Barclays PLC now owns 535,284 shares of the company's stock worth $109,662,000 after buying an additional 116,852 shares during the period. Harmony Asset Management LLC acquired a new position in Cboe Global Markets during the third quarter valued at approximately $15,175,000. World Investment Advisors LLC purchased a new stake in Cboe Global Markets during the third quarter worth approximately $14,430,000. Erste Asset Management GmbH acquired a new stake in shares of Cboe Global Markets in the third quarter worth $11,191,000. Finally, O Brien Greene & Co. Inc acquired a new stake in shares of Cboe Global Markets in the third quarter worth $8,187,000. Institutional investors and hedge funds own 82.67% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CBOE. StockNews.com raised shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a research report on Thursday, November 14th. Barclays lowered Cboe Global Markets from an "overweight" rating to an "equal weight" rating and dropped their target price for the stock from $230.00 to $220.00 in a research report on Monday, December 9th.

Cboe Global Markets Stock Up 0.6 %

Shares of NASDAQ:CBOE traded up $1.13 during midday trading on Friday, reaching $200.98. The company had a trading volume of 536,581 shares, compared to its average volume of 834,521. The firm has a market cap of $21.04 billion, a PE ratio of 27.38, a price-to-earnings-growth ratio of 1.71 and a beta of 0.66. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $221.66. 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 Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 1.25%. The ex-dividend date of this dividend was Friday, November 29th. Cboe Global Markets's dividend payout ratio (DPR) is 34.33%.

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.