Harmony Asset Management LLC Takes $15.18 Million Position in Cboe Global Markets, Inc. (NASDAQ:CBOE)

Harmony Asset Management LLC purchased a new position in Cboe Global Markets, Inc. (NASDAQ:CBOE) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 74,070 shares of the company’s stock, valued at approximately $15,175,000. Cboe Global Markets makes up 5.6% of Harmony Asset Management LLC’s holdings, making the stock its 2nd largest holding.

Several other institutional investors have also recently made changes to their positions in CBOE. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Cboe Global Markets during the 3rd quarter worth approximately $158,000. Coastwise Capital Group LLC purchased a new stake in Cboe Global Markets in the 3rd quarter valued at about $216,000. Benjamin Edwards Inc. grew its stake in Cboe Global Markets by 5,967.5% in the third quarter. Benjamin Edwards Inc. now owns 30,277 shares of the company’s stock worth $6,203,000 after purchasing an additional 29,778 shares in the last quarter. Finally, Erste Asset Management GmbH bought a new position in shares of Cboe Global Markets during the 3rd quarter worth $11,191,000. Hedge funds and other institutional investors own 82.67% of the company’s stock.

Analysts Set New Price Targets

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

Cboe Global Markets Price Performance

NASDAQ:CBOE opened at $212.02 on Tuesday. Cboe Global Markets, Inc. has a twelve month low of $166.13 and a twelve month high of $221.66. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The company has a market cap of $22.20 billion, a price-to-earnings ratio of 25.16, a P/E/G ratio of 1.82 and a beta of 0.66.

Cboe Global Markets Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be issued a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 1.19%. The ex-dividend date is Friday, November 29th. Cboe Global Markets’s payout ratio is 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.