Zacks Investment Management Sells 3,416 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Zacks Investment Management lowered its position in Cboe Global Markets, Inc. (NASDAQ:CBOE - Free Report) by 20.4% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 13,308 shares of the company's stock after selling 3,416 shares during the quarter. Zacks Investment Management's holdings in Cboe Global Markets were worth $2,726,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Cboe Global Markets in the third quarter valued at approximately $158,000. Coastwise Capital Group LLC bought a new position in shares of Cboe Global Markets in the third quarter worth $216,000. EP Wealth Advisors LLC purchased a new position in shares of Cboe Global Markets in the third quarter valued at $392,000. Jacobs Levy Equity Management Inc. purchased a new stake in Cboe Global Markets during the 3rd quarter worth about $881,000. Finally, Parallax Volatility Advisers L.P. lifted its holdings in shares of Cboe Global Markets by 13.1% in the third quarter. Parallax Volatility Advisers L.P. now owns 5,761 shares of the company's stock worth $1,180,000 after buying an additional 666 shares in the last quarter. 82.67% of the stock is currently owned by institutional investors.

Cboe Global Markets Stock Down 1.2 %

NASDAQ CBOE traded down $2.39 during trading on Monday, hitting $201.60. The company had a trading volume of 854,689 shares, compared to its average volume of 838,580. The firm has a market capitalization of $21.10 billion, a PE ratio of 27.47, a price-to-earnings-growth ratio of 1.72 and a beta of 0.66. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets, Inc. has a one year low of $166.13 and a one year high of $221.66.

Cboe Global Markets Announces Dividend

The company also recently disclosed 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. The ex-dividend date is Friday, November 29th. This represents a $2.52 annualized dividend and a yield of 1.25%. Cboe Global Markets's payout ratio is 34.33%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on CBOE shares. Barclays cut Cboe Global Markets from an "overweight" rating to an "equal weight" rating and reduced their target price for the stock from $230.00 to $220.00 in a research report on Monday. StockNews.com upgraded Cboe Global Markets from a "sell" rating to a "hold" rating in a research 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.