Mad River Investors Has $1.21 Million Stock Holdings in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Mad River Investors raised its position in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 2.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 6,205 shares of the company’s stock after purchasing an additional 125 shares during the quarter. Cboe Global Markets makes up approximately 0.6% of Mad River Investors’ investment portfolio, making the stock its 17th largest holding. Mad River Investors’ holdings in Cboe Global Markets were worth $1,212,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in Cboe Global Markets by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock worth $96,613,000 after purchasing an additional 24,177 shares in the last quarter. Covea Finance lifted its position in shares of Cboe Global Markets by 283.2% during the 4th quarter. Covea Finance now owns 43,300 shares of the company’s stock valued at $8,461,000 after acquiring an additional 32,000 shares during the period. Nordea Investment Management AB boosted its stake in Cboe Global Markets by 16.7% during the fourth quarter. Nordea Investment Management AB now owns 646,670 shares of the company’s stock worth $126,262,000 after acquiring an additional 92,537 shares in the last quarter. Brookstone Capital Management acquired a new stake in Cboe Global Markets in the fourth quarter worth $396,000. Finally, Principal Financial Group Inc. raised its holdings in shares of Cboe Global Markets by 2.0% during the third quarter. Principal Financial Group Inc. now owns 157,158 shares of the company’s stock valued at $32,197,000 after purchasing an additional 3,155 shares during the period. Institutional investors own 82.67% of the company’s stock.

Cboe Global Markets Stock Performance

NASDAQ:CBOE opened at $194.78 on Tuesday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39. Cboe Global Markets, Inc. has a fifty-two week low of $166.13 and a fifty-two week high of $221.66. The company’s 50 day moving average is $200.76. The stock has a market capitalization of $20.39 billion, a price-to-earnings ratio of 26.54, a PEG ratio of 1.96 and a beta of 0.68.

Cboe Global Markets Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date of this dividend was Friday, November 29th. Cboe Global Markets’s payout ratio is currently 34.33%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on CBOE. The Goldman Sachs Group lowered Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price for the company. in a research report on Monday, January 6th. StockNews.com cut Cboe Global Markets from a “hold” rating to a “sell” rating in a report on Friday, January 10th. Keefe, Bruyette & Woods decreased their price target on shares of Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a research note on Monday, January 13th. William Blair assumed coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They issued a “market perform” rating on the stock. Finally, Barclays cut their price target on Cboe Global Markets from $220.00 to $212.00 and set an “equal weight” rating for the company in a research note on Monday, January 13th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $198.83.

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.