CBOE Holdings Inc. (CBOE) Position Maintained by Glenview State Bank Trust DEPT.
Glenview State Bank Trust DEPT. continued to hold its stake in CBOE Holdings Inc. (NASDAQ:CBOE) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,000 shares of the company’s stock at the end of the second quarter. Glenview State Bank Trust DEPT.’s holdings in CBOE Holdings were worth $266,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of the company. Nordea Investment Management AB increased its stake in CBOE Holdings by 310.7% in the second quarter. Nordea Investment Management AB now owns 9,712 shares of the company’s stock valued at $647,000 after buying an additional 7,347 shares in the last quarter. Quantitative Systematic Strategies LLC acquired a new stake in CBOE Holdings during the second quarter valued at $868,000. Bank of Montreal Can acquired a new stake in CBOE Holdings during the second quarter valued at $6,458,000. Highstreet Asset Management Inc. increased its stake in CBOE Holdings by 31.9% in the second quarter. Highstreet Asset Management Inc. now owns 16,554 shares of the company’s stock valued at $1,103,000 after buying an additional 4,008 shares in the last quarter. Finally, LS Investment Advisors LLC increased its stake in CBOE Holdings by 72.7% in the second quarter. LS Investment Advisors LLC now owns 4,911 shares of the company’s stock valued at $327,000 after buying an additional 2,067 shares in the last quarter. 73.72% of the stock is owned by institutional investors.
CBOE Holdings Inc. (NASDAQ:CBOE) traded down 2.28% during midday trading on Monday, reaching $64.58. 819,222 shares of the company traded hands. The company has a 50 day moving average price of $67.89 and a 200-day moving average price of $66.16. The stock has a market capitalization of $5.25 billion, a P/E ratio of 24.43 and a beta of 0.55. CBOE Holdings Inc. has a one year low of $58.43 and a one year high of $72.53.
CBOE Holdings (NASDAQ:CBOE) last released its earnings results on Friday, July 29th. The company reported $0.60 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.60. The firm earned $163.30 million during the quarter, compared to analyst estimates of $159.22 million. CBOE Holdings had a net margin of 32.55% and a return on equity of 81.50%. The business’s revenue was up 9.8% on a year-over-year basis. During the same quarter last year, the business earned $0.54 EPS. Analysts forecast that CBOE Holdings Inc. will post $2.40 EPS for the current fiscal year.
Several analysts have weighed in on the stock. Wells Fargo & Co. reissued a “hold” rating on shares of CBOE Holdings in a research note on Friday, September 23rd. Barclays PLC reissued an “underweight” rating and issued a $52.00 price target (down from $54.00) on shares of CBOE Holdings in a research note on Friday, September 2nd. JPMorgan Chase & Co. reissued a “hold” rating and issued a $61.00 price target on shares of CBOE Holdings in a research note on Wednesday, August 3rd. Deutsche Bank AG boosted their price target on shares of CBOE Holdings from $67.00 to $68.00 and gave the stock a “hold” rating in a research note on Friday, September 9th. Finally, Zacks Investment Research downgraded shares of CBOE Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday, September 7th. Five research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the company. CBOE Holdings currently has an average rating of “Hold” and an average price target of $65.26.
In other news, CEO Edward T. Tilly sold 6,250 shares of the firm’s stock in a transaction dated Monday, September 12th. The shares were sold at an average price of $67.86, for a total value of $424,125.00. Following the completion of the sale, the chief executive officer now owns 73,611 shares in the company, valued at approximately $4,995,242.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.96% of the stock is currently owned by insiders.
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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