CBOE Holdings Inc. (CBOE) Stock Price Up 1.5%
CBOE Holdings Inc. (NASDAQ:CBOE) rose 1.5% during trading on Wednesday . The stock traded as high as $68.27 and last traded at $68.21, with a volume of 248,007 shares trading hands. The stock had previously closed at $67.22.
CBOE has been the subject of several research reports. JPMorgan Chase & Co. reissued a “hold” rating and issued a $61.00 target price on shares of CBOE Holdings in a research note on Wednesday, August 3rd. Zacks Investment Research upgraded CBOE Holdings from a “sell” rating to a “hold” rating in a research report on Monday, July 4th. Deutsche Bank AG restated a “hold” rating on shares of CBOE Holdings in a research report on Sunday, June 26th. Buckingham Research assumed coverage on CBOE Holdings in a research report on Wednesday, April 27th. They issued a “neutral” rating and a $70.00 price target on the stock. Finally, Royal Bank Of Canada reduced their price target on CBOE Holdings from $82.00 to $78.00 and set an “outperform” rating on the stock in a research report on Monday, May 2nd. Five equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $64.64.
The company’s 50 day moving average price is $67.79 and its 200 day moving average price is $64.92. The stock has a market cap of $5.55 billion and a P/E ratio of 25.81.
CBOE Holdings (NASDAQ:CBOE) last announced its quarterly earnings results on Friday, July 29th. The company reported $0.60 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.60. The company had revenue of $163.30 million for the quarter, compared to analyst estimates of $159.22 million. During the same quarter last year, the company posted $0.54 earnings per share. The firm’s quarterly revenue was up 9.8% on a year-over-year basis. Equities research analysts anticipate that CBOE Holdings Inc. will post $2.43 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 16th. Stockholders of record on Friday, September 2nd will be issued a dividend of $0.23 per share. The ex-dividend date of this dividend is Wednesday, August 31st. This represents a $0.92 annualized dividend and a dividend yield of 1.35%.
In related news, CEO Edward T. Tilly sold 6,250 shares of the stock in a transaction on Monday, June 13th. The stock was sold at an average price of $64.46, for a total value of $402,875.00. Following the completion of the sale, the chief executive officer now directly owns 79,861 shares in the company, valued at $5,147,840.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William J. Brodsky sold 5,000 shares of the stock in a transaction on Monday, June 6th. The shares were sold at an average price of $62.82, for a total value of $314,100.00. Following the completion of the sale, the director now owns 218,735 shares of the company’s stock, valued at $13,740,932.70. The disclosure for this sale can be found here.
Other hedge funds recently bought and sold shares of the company. GSA Capital Partners LLP increased its stake in CBOE Holdings by 62.7% in the fourth quarter. GSA Capital Partners LLP now owns 16,042 shares of the company’s stock worth $1,041,000 after buying an additional 6,181 shares during the last quarter. KBC Group NV acquired a new stake in shares of CBOE Holdings during the fourth quarter worth $1,741,000. I.G. Investment Management LTD. increased its stake in shares of CBOE Holdings by 677.4% in the fourth quarter. I.G. Investment Management LTD. now owns 62,373 shares of the company’s stock worth $4,048,000 after buying an additional 54,350 shares during the last quarter. Finally, Schroder Investment Management Group increased its stake in shares of CBOE Holdings by 20.5% in the fourth quarter. Schroder Investment Management Group now owns 88,200 shares of the company’s stock worth $5,724,000 after buying an additional 15,000 shares during the last quarter.
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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