CBOE Holdings, Inc. (NASDAQ:CBOE) released its quarterly earnings results on Friday. The financial services provider reported $0.87 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.86 by $0.01, Bloomberg Earnings reports. CBOE Holdings had a return on equity of 24.30% and a net margin of 18.03%. The firm had revenue of $266.90 million for the quarter, compared to analyst estimates of $266.22 million. During the same quarter last year, the company posted $0.60 earnings per share. The business’s revenue was up 85.2% on a year-over-year basis.

Shares of CBOE Holdings (CBOE) traded down 1.57% on Friday, hitting $93.50. The company had a trading volume of 1,228,860 shares. The company has a 50-day moving average of $91.72 and a 200 day moving average of $84.01. The stock has a market cap of $10.48 billion, a PE ratio of 41.19 and a beta of 0.49. CBOE Holdings has a 12 month low of $61.58 and a 12 month high of $95.95.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be given a dividend of $0.27 per share. This is an increase from CBOE Holdings’s previous quarterly dividend of $0.25. This represents a $1.08 annualized dividend and a dividend yield of 1.16%. The ex-dividend date of this dividend is Wednesday, August 30th. CBOE Holdings’s payout ratio is currently 55.25%.

In other news, Director Christopher Mitchell sold 225,000 shares of the firm’s stock in a transaction on Friday, June 9th. The shares were sold at an average price of $89.17, for a total transaction of $20,063,250.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Christopher A. Isaacson sold 7,316 shares of the firm’s stock in a transaction on Monday, June 12th. The shares were sold at an average price of $89.21, for a total transaction of $652,660.36. The disclosure for this sale can be found here. Insiders have sold a total of 237,316 shares of company stock worth $21,150,160 in the last 90 days. 0.96% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Teachers Advisors LLC raised its position in CBOE Holdings by 2.5% in the fourth quarter. Teachers Advisors LLC now owns 79,370 shares of the financial services provider’s stock worth $5,865,000 after buying an additional 1,934 shares during the last quarter. Chevy Chase Trust Holdings Inc. purchased a new position in CBOE Holdings during the first quarter worth about $6,411,000. Creative Planning raised its position in CBOE Holdings by 3.3% in the first quarter. Creative Planning now owns 19,086 shares of the financial services provider’s stock worth $1,547,000 after buying an additional 610 shares during the last quarter. Exxonmobil Investment Management Inc. TX purchased a new position in CBOE Holdings during the first quarter worth about $1,651,000. Finally, Bank of Montreal Can raised its position in CBOE Holdings by 136.7% in the first quarter. Bank of Montreal Can now owns 51,883 shares of the financial services provider’s stock worth $4,207,000 after buying an additional 29,960 shares during the last quarter. Institutional investors and hedge funds own 78.61% of the company’s stock.

A number of equities analysts recently issued reports on CBOE shares. Jefferies Group LLC reissued a “hold” rating and set a $85.00 price target on shares of CBOE Holdings in a report on Monday, April 10th. Zacks Investment Research raised CBOE Holdings from a “hold” rating to a “buy” rating and set a $91.00 price target on the stock in a report on Tuesday, April 11th. Royal Bank Of Canada set a $90.00 price target on CBOE Holdings and gave the stock an “outperform” rating in a report on Friday, May 12th. BidaskClub raised CBOE Holdings from a “buy” rating to a “strong-buy” rating in a report on Wednesday, June 14th. Finally, Deutsche Bank AG raised their price target on CBOE Holdings from $76.00 to $79.00 and gave the stock a “hold” rating in a report on Tuesday, July 4th. Two analysts have rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the stock. CBOE Holdings currently has a consensus rating of “Hold” and a consensus target price of $76.38.

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About CBOE Holdings

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).

Earnings History for CBOE Holdings (NASDAQ:CBOE)

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