Tidal Investments LLC Cuts Stock Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Tidal Investments LLC decreased its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 29.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,421 shares of the company’s stock after selling 1,871 shares during the quarter. Tidal Investments LLC’s holdings in Cboe Global Markets were worth $906,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in CBOE. World Investment Advisors LLC acquired a new position in Cboe Global Markets during the 3rd quarter worth approximately $14,430,000. Tri Ri Asset Management Corp purchased a new stake in shares of Cboe Global Markets during the third quarter valued at approximately $5,499,000. Rehmann Capital Advisory Group lifted its position in shares of 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 purchasing an additional 63 shares in the last quarter. TD Private Client Wealth LLC lifted its position in shares of Cboe Global Markets by 149.0% during the third quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock worth $76,000 after purchasing an additional 222 shares in the last quarter. Finally, Sunbelt Securities Inc. boosted its stake in shares of Cboe Global Markets by 3.4% in the third quarter. Sunbelt Securities Inc. now owns 2,152 shares of the company’s stock valued at $441,000 after purchasing an additional 71 shares during the period. 82.67% of the stock is owned by hedge funds and other institutional investors.

Cboe Global Markets Price Performance

Shares of CBOE stock opened at $191.61 on Friday. The firm has a market cap of $20.06 billion, a price-to-earnings ratio of 26.10, a P/E/G 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 1-year low of $166.13 and a 1-year high of $221.66.

Cboe Global Markets Announces Dividend

The company also recently announced 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 of this dividend was Friday, November 29th. This represents a $2.52 annualized dividend and a dividend yield of 1.32%. Cboe Global Markets’s payout ratio is 34.33%.

Analyst Upgrades and Downgrades

CBOE has been the topic of several analyst reports. StockNews.com downgraded shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a research note on Thursday. Keefe, Bruyette & Woods lifted their target price 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 downgraded Cboe Global Markets from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $230.00 to $220.00 in a report on Monday, December 9th.

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.