Quadrature Capital Ltd Trims Stake in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Quadrature Capital Ltd cut its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 11.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,439 shares of the company's stock after selling 3,888 shares during the quarter. Quadrature Capital Ltd's holdings in Cboe Global Markets were worth $6,215,000 as of its most recent SEC filing.

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

Cboe Global Markets Stock Down 2.2 %

NASDAQ CBOE traded down $4.56 during trading on Friday, reaching $203.99. 843,584 shares of the company's stock were exchanged, compared to its average volume of 838,504. The company has a market capitalization of $21.36 billion, a price-to-earnings ratio of 27.79, a price-to-earnings-growth ratio of 1.79 and a beta of 0.66. Cboe Global Markets, Inc. has a 1 year low of $166.13 and a 1 year 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 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be paid a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 1.24%. The ex-dividend date of this dividend is Friday, November 29th. Cboe Global Markets's payout ratio is 34.33%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Cboe Global Markets from a "sell" rating to a "hold" rating in a report on Thursday, November 14th.

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.