Nordea Investment Management AB Boosts Stock Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Nordea Investment Management AB raised its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 16.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 646,670 shares of the company's stock after acquiring an additional 92,537 shares during the period. Nordea Investment Management AB owned approximately 0.62% of Cboe Global Markets worth $126,262,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. TD Private Client Wealth LLC raised its stake in shares of Cboe Global Markets by 149.0% during the third quarter. TD Private Client Wealth LLC now owns 371 shares of the company's stock worth $76,000 after purchasing an additional 222 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in Cboe Global Markets in the 3rd quarter valued at $158,000. Coastwise Capital Group LLC purchased a new position in Cboe Global Markets during the 3rd quarter worth $216,000. Rehmann Capital Advisory Group lifted its stake in shares of Cboe Global Markets by 5.3% in the 3rd quarter. Rehmann Capital Advisory Group now owns 1,253 shares of the company's stock worth $257,000 after acquiring an additional 63 shares during the period. Finally, Coldstream Capital Management Inc. boosted its holdings in shares of Cboe Global Markets by 5.3% in the third quarter. Coldstream Capital Management Inc. now owns 1,318 shares of the company's stock valued at $269,000 after acquiring an additional 66 shares in the last quarter. 82.67% of the stock is owned by institutional investors and hedge funds.

Cboe Global Markets Stock Performance

NASDAQ CBOE traded down $0.92 during mid-day trading on Tuesday, hitting $190.84. The stock had a trading volume of 946,578 shares, compared to its average volume of 693,794. The company has a market capitalization of $19.98 billion, a P/E ratio of 26.00, a PEG ratio of 1.71 and a beta of 0.68. Cboe Global Markets, Inc. has a 52-week low of $166.13 and a 52-week high of $221.66. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39.

Cboe Global Markets Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were given a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date of this dividend was Friday, November 29th. Cboe Global Markets's dividend payout ratio is currently 34.33%.

Analysts Set New Price Targets

Several research analysts recently issued reports on CBOE shares. Keefe, Bruyette & Woods increased their price target on shares of Cboe Global Markets from $217.00 to $220.00 and gave the stock a "market perform" rating in a report on Friday, December 20th. The Goldman Sachs Group cut Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 price target for the company. in a report on Monday. JPMorgan Chase & Co. reaffirmed an "underweight" rating and set a $174.00 price objective (down previously from $203.00) on shares of Cboe Global Markets in a report on Tuesday. StockNews.com upgraded Cboe Global Markets from a "sell" rating to a "hold" rating in a research report on Friday, December 27th. Finally, Barclays lowered shares of Cboe Global Markets from an "overweight" rating to an "equal weight" rating and decreased their target price for the stock from $230.00 to $220.00 in a research report on Monday, December 9th. Two equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the company. Based on data from MarketBeat, Cboe Global Markets currently has an average rating of "Hold" and a consensus target price of $199.50.

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.