ING Groep NV Acquires 26 Shares of CBOE Holdings, Inc. (CBOE)
ING Groep NV raised its position in shares of CBOE Holdings, Inc. (NASDAQ:CBOE) by 0.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,716 shares of the financial services provider’s stock after buying an additional 26 shares during the period. ING Groep NV’s holdings in CBOE Holdings were worth $431,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also modified their holdings of the company. BlackRock Inc. boosted its position in shares of CBOE Holdings by 9,849.9% in the first quarter. BlackRock Inc. now owns 4,904,602 shares of the financial services provider’s stock valued at $397,614,000 after buying an additional 4,855,309 shares during the period. FMR LLC boosted its position in shares of CBOE Holdings by 52.0% in the first quarter. FMR LLC now owns 9,459,959 shares of the financial services provider’s stock valued at $766,920,000 after buying an additional 3,238,234 shares during the period. General Atlantic LLC purchased a new position in shares of CBOE Holdings during the first quarter valued at about $230,006,000. Vanguard Group Inc. boosted its position in shares of CBOE Holdings by 29.4% in the first quarter. Vanguard Group Inc. now owns 7,937,401 shares of the financial services provider’s stock valued at $643,485,000 after buying an additional 1,803,114 shares during the period. Finally, Artisan Partners Limited Partnership purchased a new position in shares of CBOE Holdings during the first quarter valued at about $145,333,000. 78.39% of the stock is owned by institutional investors.
Shares of CBOE Holdings, Inc. (NASDAQ CBOE) traded up 1.72% during mid-day trading on Monday, hitting $95.11. 433,828 shares of the stock were exchanged. The firm has a market cap of $10.66 billion, a price-to-earnings ratio of 53.07 and a beta of 0.49. The stock has a 50-day moving average price of $91.72 and a 200 day moving average price of $84.01. CBOE Holdings, Inc. has a 52-week low of $61.58 and a 52-week high of $95.26.
CBOE Holdings (NASDAQ:CBOE) last announced its quarterly earnings data on Friday, August 4th. The financial services provider reported $0.87 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.86 by $0.01. CBOE Holdings had a net margin of 17.81% and a return on equity of 17.45%. The firm had revenue of $266.90 million during the quarter, compared to analyst estimates of $266.22 million. During the same period last year, the firm posted $0.60 EPS. CBOE Holdings’s revenue was up 85.2% on a year-over-year basis. On average, equities research analysts expect that CBOE Holdings, Inc. will post $3.38 earnings per share for the current year.
The firm 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 dividend of $0.27 per share. The ex-dividend date of this dividend 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 1.16%. CBOE Holdings’s dividend payout ratio (DPR) is currently 55.25%.
Several research analysts have issued reports on the stock. BidaskClub cut shares of CBOE Holdings from a “strong-buy” rating to a “buy” rating in a report on Monday, July 31st. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $100.00 target price (up from $90.00) on shares of CBOE Holdings in a report on Thursday, July 13th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $92.00 target price (up from $85.00) on shares of CBOE Holdings in a report on Monday, July 17th. Zacks Investment Research cut shares of CBOE Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. Finally, Citigroup Inc. assumed coverage on shares of CBOE Holdings in a report on Wednesday, July 12th. They issued a “neutral” rating and a $93.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $76.38.
In other CBOE Holdings news, Director Christopher Mitchell sold 225,000 shares of the firm’s stock in a transaction that occurred 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Christopher A. Isaacson sold 7,316 shares of the firm’s stock in a transaction that occurred on Monday, June 12th. The stock was 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 valued at $21,150,160 over the last three months. 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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