Private Advisor Group LLC raised its position in CBOE Holdings, Inc. (NASDAQ:CBOE) by 1.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,182 shares of the financial services provider’s stock after buying an additional 135 shares during the period. Private Advisor Group LLC’s holdings in CBOE Holdings were worth $851,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. Public Employees Retirement System of Ohio lifted its position in shares of CBOE Holdings by 5.3% during the first quarter. Public Employees Retirement System of Ohio now owns 87,937 shares of the financial services provider’s stock worth $7,129,000 after purchasing an additional 4,461 shares during the last quarter. FMR LLC lifted its position in shares of CBOE Holdings by 52.0% during the first quarter. FMR LLC now owns 9,459,959 shares of the financial services provider’s stock worth $766,920,000 after purchasing an additional 3,238,234 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. lifted its position in shares of CBOE Holdings by 77.5% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 5,503 shares of the financial services provider’s stock worth $446,000 after purchasing an additional 2,403 shares during the last quarter. State Street Corp lifted its position in shares of CBOE Holdings by 68.2% during the first quarter. State Street Corp now owns 3,510,644 shares of the financial services provider’s stock worth $284,612,000 after purchasing an additional 1,424,071 shares during the last quarter. Finally, General Atlantic LLC bought a new position in shares of CBOE Holdings during the first quarter worth about $230,006,000. 82.49% of the stock is currently owned by institutional investors and hedge funds.
Several equities analysts have recently commented on CBOE shares. Jefferies Group LLC reaffirmed a “hold” rating and set a $92.00 price target on shares of CBOE Holdings in a research report on Thursday, August 24th. Barclays PLC started coverage on shares of CBOE Holdings in a research report on Friday. They set an “equal weight” rating and a $105.00 price target on the stock. BidaskClub raised shares of CBOE Holdings from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, June 14th. Deutsche Bank AG increased their price target on shares of CBOE Holdings from $88.00 to $89.00 and gave the stock a “hold” rating in a research report on Monday, August 7th. Finally, Citigroup Inc. started coverage on shares of CBOE Holdings in a research report on Wednesday, July 12th. They set a “neutral” rating and a $93.00 price target on the stock. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $80.09.
In other CBOE Holdings news, VP Christopher A. Isaacson sold 7,020 shares of the business’s stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $100.61, for a total value of $706,282.20. Following the transaction, the vice president now directly owns 97,897 shares in the company, valued at $9,849,417.17. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Frank E. Jr. English sold 700 shares of the business’s stock in a transaction dated Friday, August 25th. The shares were sold at an average price of $99.59, for a total transaction of $69,713.00. Following the completion of the transaction, the director now owns 4,514 shares in the company, valued at $449,549.26. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 209,240 shares of company stock worth $20,453,648. Company insiders own 1.86% of the company’s stock.
Shares of CBOE Holdings, Inc. (NASDAQ CBOE) opened at 104.38 on Tuesday. CBOE Holdings, Inc. has a 52 week low of $61.58 and a 52 week high of $105.91. The firm has a market cap of $11.77 billion, a price-to-earnings ratio of 57.07 and a beta of 0.49. The firm has a 50 day moving average of $97.55 and a 200 day moving average of $88.00.
CBOE Holdings (NASDAQ:CBOE) last released its quarterly earnings results on Friday, August 4th. The financial services provider reported $0.87 EPS for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.01. The firm had revenue of $266.90 million for the quarter, compared to analyst estimates of $266.22 million. CBOE Holdings had a net margin of 17.81% and a return on equity of 17.45%. The company’s revenue for the quarter was up 85.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.60 earnings per share. Equities analysts predict that CBOE Holdings, Inc. will post $3.39 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, September 1st will be given a $0.27 dividend. The ex-dividend date is Wednesday, August 30th. This is a positive change from CBOE Holdings’s previous quarterly dividend of $0.25. This represents a $1.08 dividend on an annualized basis and a yield of 1.03%. CBOE Holdings’s payout ratio is 59.67%.
CBOE Holdings Company Profile
CBOE Holdings, Inc is a holding company. The Company’s principal business is operating markets that offer for trading options on various market indexes (index options), on an exclusive basis, and futures contracts, as well as on non-exclusive multiply listed options, such as options on the stocks of individual corporations (equity options), and options on other exchange-traded products (ETP options), such as exchange-traded funds (ETF options) and exchange-traded notes (ETN options).
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