Kovitz Investment Group Partners LLC Raises Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Kovitz Investment Group Partners LLC increased its stake in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 9.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 72,132 shares of the company’s stock after purchasing an additional 6,281 shares during the period. Kovitz Investment Group Partners LLC’s holdings in Cboe Global Markets were worth $14,778,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Janus Henderson Group PLC raised its holdings in shares of Cboe Global Markets by 0.3% during the third quarter. Janus Henderson Group PLC now owns 1,528,295 shares of the company’s stock valued at $313,090,000 after purchasing an additional 5,216 shares during the last quarter. Harmony Asset Management LLC purchased a new position in shares of Cboe Global Markets during the third quarter valued at approximately $15,175,000. Erste Asset Management GmbH purchased a new position in shares of Cboe Global Markets during the third quarter valued at approximately $11,191,000. Stansberry Asset Management LLC raised its holdings in shares of Cboe Global Markets by 1.8% during the third quarter. Stansberry Asset Management LLC now owns 48,667 shares of the company’s stock valued at $9,970,000 after purchasing an additional 856 shares during the last quarter. Finally, Royal London Asset Management Ltd. raised its holdings in shares of Cboe Global Markets by 5.2% during the third quarter. Royal London Asset Management Ltd. now owns 48,490 shares of the company’s stock valued at $9,934,000 after purchasing an additional 2,401 shares during the last quarter. 82.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Thursday, November 14th.

Cboe Global Markets Stock Down 2.2 %

Shares of CBOE stock opened at $203.99 on Friday. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $221.66. The company has a market cap of $21.36 billion, a price-to-earnings ratio of 27.79, a price-to-earnings-growth ratio of 1.79 and a beta of 0.66. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39.

Cboe Global Markets Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be issued a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $2.52 dividend on an annualized basis and a yield of 1.24%. Cboe Global Markets’s dividend payout ratio is currently 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.