Harmony Asset Management LLC Acquires New Stake 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 its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 74,070 shares of the company’s stock, valued at approximately $15,175,000. Cboe Global Markets accounts for approximately 5.6% of Harmony Asset Management LLC’s portfolio, making the stock its 2nd largest position. Harmony Asset Management LLC owned approximately 0.07% of Cboe Global Markets at the end of the most recent reporting period.

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

Cboe Global Markets Price Performance

NASDAQ CBOE opened at $212.02 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. The firm has a market capitalization of $22.20 billion, a PE ratio of 25.16, a P/E/G ratio of 1.82 and a beta of 0.66. Cboe Global Markets, Inc. has a 12 month low of $166.13 and a 12 month high of $221.66.

Cboe Global Markets Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be given a $0.63 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $2.52 annualized dividend and a yield of 1.19%. Cboe Global Markets’s dividend payout ratio (DPR) is presently 34.33%.

Analyst Upgrades and Downgrades

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

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.