Bridgewater Advisors Inc. Sells 933 Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE)

Bridgewater Advisors Inc. reduced its holdings in shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) by 7.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,857 shares of the company’s stock after selling 933 shares during the quarter. Bridgewater Advisors Inc.’s holdings in Cboe Global Markets were worth $2,099,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Access Financial Services Inc. increased its position in Cboe Global Markets by 3.4% during the fourth quarter. Access Financial Services Inc. now owns 7,779 shares of the company’s stock worth $1,520,000 after buying an additional 254 shares during the last quarter. McElhenny Sheffield Capital Management LLC bought a new position in shares of Cboe Global Markets during the 4th quarter worth approximately $533,000. HB Wealth Management LLC increased its holdings in shares of Cboe Global Markets by 11.0% during the 4th quarter. HB Wealth Management LLC now owns 3,839 shares of the company’s stock worth $750,000 after acquiring an additional 379 shares during the last quarter. Trust Co. of Vermont raised its stake in Cboe Global Markets by 2,000.0% in the 4th quarter. Trust Co. of Vermont now owns 420 shares of the company’s stock valued at $82,000 after acquiring an additional 400 shares during the period. Finally, USA Financial Formulas acquired a new stake in Cboe Global Markets during the 4th quarter valued at $182,000. 82.67% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Cboe Global Markets Stock Performance

Shares of CBOE stock opened at $194.78 on Monday. 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 firm has a market cap of $20.39 billion, a P/E ratio of 26.54, a PEG ratio of 1.96 and a beta of 0.68. The firm has a fifty day simple moving average of $200.89.

Cboe Global Markets Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were given a dividend of $0.63 per share. 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 dividend payout ratio is 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.