Tri Ri Asset Management Corp Invests $5.50 Million in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Tri Ri Asset Management Corp bought a new position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 26,843 shares of the company's stock, valued at approximately $5,499,000. Cboe Global Markets accounts for about 2.8% of Tri Ri Asset Management Corp's portfolio, making the stock its 13th biggest holding.

Other large investors have also recently bought and sold shares of the company. TD Private Client Wealth LLC boosted its holdings in Cboe Global Markets by 149.0% in the 3rd quarter. TD Private Client Wealth LLC now owns 371 shares of the company's stock valued at $76,000 after purchasing an additional 222 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Cboe Global Markets during the third quarter valued at about $158,000. Coastwise Capital Group LLC bought a new stake in shares of Cboe Global Markets in the third quarter valued at about $216,000. Rehmann Capital Advisory Group grew its position in Cboe Global Markets by 5.3% during the third quarter. Rehmann Capital Advisory Group now owns 1,253 shares of the company's stock worth $257,000 after buying an additional 63 shares in the last quarter. Finally, Coldstream Capital Management Inc. increased its stake in Cboe Global Markets by 5.3% during 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 during the period. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have commented on the company. Barclays downgraded 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. StockNews.com raised Cboe Global Markets from a "sell" rating to a "hold" rating in a research report on Thursday, November 14th.

Cboe Global Markets Stock Performance

NASDAQ CBOE traded up $1.13 on Friday, reaching $200.98. The company's stock had a trading volume of 531,920 shares, compared to its average volume of 834,494. The stock has a market cap of $21.04 billion, a P/E ratio of 27.28, a PEG ratio of 1.71 and a beta of 0.66. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a 52 week low of $166.13 and a 52 week high of $221.66.

Cboe Global Markets Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be paid a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 1.25%. The ex-dividend date is Friday, November 29th. Cboe Global Markets's dividend 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.