State Street Corp Sells 76,374 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

State Street Corp cut its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 1.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,838,260 shares of the company's stock after selling 76,374 shares during the period. State Street Corp owned approximately 4.62% of Cboe Global Markets worth $991,214,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Quantinno Capital Management LP boosted its position in shares of Cboe Global Markets by 11.7% in the third quarter. Quantinno Capital Management LP now owns 25,204 shares of the company's stock worth $5,164,000 after buying an additional 2,632 shares during the period. Royal London Asset Management Ltd. boosted its position in Cboe Global Markets by 5.2% during the 3rd quarter. Royal London Asset Management Ltd. now owns 48,490 shares of the company's stock worth $9,934,000 after acquiring an additional 2,401 shares during the period. Parallax Volatility Advisers L.P. boosted its position in Cboe Global Markets by 13.1% during the 3rd quarter. Parallax Volatility Advisers L.P. now owns 5,761 shares of the company's stock worth $1,180,000 after acquiring an additional 666 shares during the period. Investment Management Corp of Ontario increased its holdings in shares of Cboe Global Markets by 10.1% in the 3rd quarter. Investment Management Corp of Ontario now owns 13,112 shares of the company's stock valued at $2,686,000 after purchasing an additional 1,200 shares during the period. Finally, Jacobs Levy Equity Management Inc. acquired a new stake in shares of Cboe Global Markets during the third quarter worth approximately $881,000. 82.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Cboe Global Markets Stock Down 2.2 %

Shares of Cboe Global Markets stock traded down $4.56 during trading on Friday, hitting $203.99. 843,584 shares of the stock traded hands, compared to its average volume of 1,058,185. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39. The firm has a market cap of $21.36 billion, a price-to-earnings ratio of 27.79, a P/E/G ratio of 1.79 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 firm also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 1.24%. The ex-dividend date is Friday, November 29th. Cboe Global Markets's payout ratio is 34.33%.

About Cboe Global Markets

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.