L & S Advisors Inc bought a new position in CBOE Holdings, Inc. (NASDAQ:CBOE) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm bought 54,710 shares of the financial services provider’s stock, valued at approximately $5,888,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in CBOE. Strs Ohio purchased a new position in CBOE in the 2nd quarter worth approximately $120,000. Bronfman E.L. Rothschild L.P. lifted its stake in CBOE by 1.5% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 1,346 shares of the financial services provider’s stock worth $123,000 after purchasing an additional 20 shares in the last quarter. Penserra Capital Management LLC purchased a new position in CBOE in the 2nd quarter worth approximately $198,000. W. E. Donoghue & Co. LLC purchased a new position in CBOE in the 2nd quarter worth approximately $203,000. Finally, Winslow Evans & Crocker Inc. lifted its stake in CBOE by 720.0% in the 3rd quarter. Winslow Evans & Crocker Inc. now owns 1,886 shares of the financial services provider’s stock worth $203,000 after purchasing an additional 1,656 shares in the last quarter. 84.07% of the stock is currently owned by institutional investors and hedge funds.
Several analysts have recently commented on the stock. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $108.00 price target on shares of CBOE in a research report on Thursday, October 12th. Deutsche Bank lifted their price target on shares of CBOE from $106.00 to $108.00 and gave the company a “hold” rating in a research report on Wednesday, November 8th. Barclays assumed coverage on shares of CBOE in a research report on Friday, September 8th. They set an “equal weight” rating and a $105.00 price target on the stock. Zacks Investment Research lowered shares of CBOE from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th. Finally, Royal Bank Of Canada lowered shares of CBOE from an “outperform” rating to a “sector perform” rating and lifted their price target for the company from $100.00 to $108.00 in a research report on Monday, October 16th. Eight investment analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $107.50.
Shares of CBOE Holdings, Inc. (NASDAQ:CBOE) opened at $123.41 on Thursday. The company has a market cap of $14,042.67, a P/E ratio of 39.04, a PEG ratio of 2.08 and a beta of 0.52. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.46. CBOE Holdings, Inc. has a 12-month low of $72.54 and a 12-month high of $127.78.
CBOE (NASDAQ:CBOE) last released its quarterly earnings results on Tuesday, November 7th. The financial services provider reported $0.89 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.88 by $0.01. The firm had revenue of $269.70 million for the quarter, compared to analyst estimates of $270.14 million. CBOE had a net margin of 10.55% and a return on equity of 14.70%. The business’s revenue for the quarter was up 98.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.72 EPS. analysts forecast that CBOE Holdings, Inc. will post 3.41 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date of this dividend is Thursday, November 30th. CBOE’s payout ratio is 58.70%.
In other CBOE news, VP Christopher A. Isaacson sold 7,019 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $124.42, for a total value of $873,303.98. Following the sale, the vice president now owns 90,229 shares of the company’s stock, valued at $11,226,292.18. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Chairman Edward T. Tilly sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $105.52, for a total value of $527,600.00. Following the completion of the sale, the chairman now directly owns 75,611 shares in the company, valued at approximately $7,978,472.72. The disclosure for this sale can be found here. In the last three months, insiders sold 16,689 shares of company stock worth $1,918,380. 1.86% of the stock is owned by corporate insiders.
CBOE Company Profile
Cboe Global Markets, Inc, formerly CBOE Holdings, Inc, is a holding company. The Company provides trading and investment solutions to investors around the world. It offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, United States and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index).
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