Principal Financial Group Inc. Grows Stock Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Principal Financial Group Inc. raised its holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 2.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 157,158 shares of the company's stock after purchasing an additional 3,155 shares during the quarter. Principal Financial Group Inc. owned 0.15% of Cboe Global Markets worth $32,197,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CBOE. Erste Asset Management GmbH acquired a new stake in Cboe Global Markets during the third quarter worth about $11,191,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Cboe Global Markets during the 3rd quarter worth approximately $158,000. Benjamin Edwards Inc. increased its holdings in shares of Cboe Global Markets by 5,967.5% during the 3rd quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company's stock valued at $6,203,000 after purchasing an additional 29,778 shares in the last quarter. Coastwise Capital Group LLC acquired a new position in shares of Cboe Global Markets in the 3rd quarter valued at $216,000. Finally, Harmony Asset Management LLC purchased a new stake in Cboe Global Markets during the third quarter worth $15,175,000. 82.67% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CBOE has been the subject of a number of recent analyst reports. StockNews.com cut shares of Cboe Global Markets from a "hold" rating to a "sell" rating in a report on Thursday, December 19th. Keefe, Bruyette & Woods increased their price target on Cboe Global Markets from $217.00 to $220.00 and gave the stock a "market perform" rating in a research report on Friday. Finally, Barclays cut 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, December 9th.

Cboe Global Markets Stock Up 0.7 %

NASDAQ CBOE traded up $1.31 during mid-day trading on Tuesday, hitting $194.41. The stock had a trading volume of 278,407 shares, compared to its average volume of 839,762. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39. The company has a market cap of $20.35 billion, a P/E ratio of 26.49, a P/E/G ratio of 1.71 and a beta of 0.66. Cboe Global Markets, Inc. has a twelve month low of $166.13 and a twelve month high of $221.66.

Cboe Global Markets Announces Dividend

The business 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. The ex-dividend date was Friday, November 29th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.30%. Cboe Global Markets's dividend payout ratio (DPR) is presently 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.