Nordea Investment Management AB Purchases 92,537 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Nordea Investment Management AB boosted its position in Cboe Global Markets, Inc. (NASDAQ:CBOE) by 16.7% in the fourth quarter, HoldingsChannel reports. The firm owned 646,670 shares of the company’s stock after buying an additional 92,537 shares during the quarter. Nordea Investment Management AB’s holdings in Cboe Global Markets were worth $126,262,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. TD Private Client Wealth LLC boosted its stake in shares of Cboe Global Markets by 149.0% in the 3rd quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock worth $76,000 after buying an additional 222 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new stake in Cboe Global Markets during the third quarter worth $158,000. Coastwise Capital Group LLC purchased a new position in Cboe Global Markets in the third quarter worth $216,000. Rehmann Capital Advisory Group grew its stake in Cboe Global Markets by 5.3% in the 3rd quarter. Rehmann Capital Advisory Group now owns 1,253 shares of the company’s stock valued at $257,000 after purchasing an additional 63 shares during the period. Finally, Coldstream Capital Management Inc. increased its position in shares of Cboe Global Markets by 5.3% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,318 shares of the company’s stock valued at $269,000 after purchasing an additional 66 shares during the last quarter. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Analyst Upgrades and Downgrades

CBOE has been the topic of a number of research analyst reports. Barclays downgraded shares of Cboe Global Markets from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $230.00 to $220.00 in a report on Monday, December 9th. Keefe, Bruyette & Woods boosted their target price on shares of Cboe Global Markets from $217.00 to $220.00 and gave the company a “market perform” rating in a research note on Friday, December 20th. StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Friday, December 27th. Finally, The Goldman Sachs Group downgraded Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective on the stock. in a research note on Monday.

Cboe Global Markets Stock Down 1.8 %

NASDAQ CBOE opened at $191.76 on Tuesday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The stock has a market cap of $20.07 billion, a price-to-earnings ratio of 26.13, a price-to-earnings-growth ratio of 1.71 and a beta of 0.68. 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 firm also recently declared a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date of this dividend was Friday, November 29th. Cboe Global Markets’s payout ratio is currently 34.33%.

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.