Fjarde AP Fonden Fourth Swedish National Pension Fund purchased a new position in shares of CBOE Holdings, Inc. (NASDAQ:CBOE) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 28,163 shares of the financial services provider’s stock, valued at approximately $2,574,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Strs Ohio purchased a new stake in CBOE Holdings in the 2nd quarter valued at about $120,000. TrimTabs Asset Management LLC grew its holdings in CBOE Holdings by 89.0% in the 1st quarter. TrimTabs Asset Management LLC now owns 1,580 shares of the financial services provider’s stock valued at $128,000 after buying an additional 744 shares during the period. Huntington National Bank purchased a new stake in CBOE Holdings in the 2nd quarter valued at about $182,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in shares of CBOE Holdings during the 2nd quarter worth about $183,000. Finally, Royce & Associates LP purchased a new stake in shares of CBOE Holdings during the 1st quarter worth about $180,000. Institutional investors own 82.49% of the company’s stock.
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In other CBOE Holdings news, Director Carole E. Stone sold 1,520 shares of CBOE Holdings stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $97.14, for a total transaction of $147,652.80. Following the completion of the transaction, the director now owns 14,241 shares in the company, valued at approximately $1,383,370.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Christopher Mitchell sold 200,000 shares of CBOE Holdings stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $97.65, for a total value of $19,530,000.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 214,240 shares of company stock valued at $20,981,248. 1.86% of the stock is currently owned by company insiders.
A number of analysts have recently issued reports on the company. Zacks Investment Research lowered CBOE Holdings from a “buy” rating to a “hold” rating in a research report on Friday. Royal Bank Of Canada set a $100.00 target price on CBOE Holdings and gave the company a “buy” rating in a research report on Monday, September 11th. Barclays PLC began coverage on CBOE Holdings in a research report on Friday, September 8th. They issued an “equal weight” rating and a $105.00 target price on the stock. Jefferies Group LLC reaffirmed a “hold” rating and issued a $92.00 target price on shares of CBOE Holdings in a research report on Thursday, August 24th. Finally, BidaskClub raised CBOE Holdings from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $80.09.
CBOE Holdings, Inc. (CBOE) traded down 1.11% on Friday, hitting $104.67. The stock had a trading volume of 6,221,349 shares. The firm has a market cap of $11.80 billion, a P/E ratio of 57.23 and a beta of 0.49. The firm’s 50-day moving average price is $99.06 and its 200-day moving average price is $88.73. CBOE Holdings, Inc. has a 1-year low of $61.58 and a 1-year high of $106.53.
CBOE Holdings (NASDAQ:CBOE) last issued its earnings results 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. The company had revenue of $266.90 million during the quarter, compared to the consensus estimate of $266.22 million. CBOE Holdings had a return on equity of 17.45% and a net margin of 17.81%. The firm’s revenue for the quarter was up 85.2% compared to the same quarter last year. During the same period last year, the business posted $0.60 EPS. On average, equities research analysts predict that CBOE Holdings, Inc. will post $3.39 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, September 1st were paid a $0.27 dividend. The ex-dividend date of this dividend was Wednesday, August 30th. 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 1.03%. CBOE Holdings’s dividend payout ratio (DPR) is currently 59.67%.
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).
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