Roberts Glore & Co. Inc. IL lowered its position in shares of CBOE Holdings Inc. (NASDAQ:CBOE) by 1.1% during the second quarter, Holdings Channel reports. The fund owned 4,480 shares of the company’s stock after selling 50 shares during the period. Roberts Glore & Co. Inc. IL’s holdings in CBOE Holdings were worth $298,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Aperio Group LLC raised its position in CBOE Holdings by 5.5% in the first quarter. Aperio Group LLC now owns 31,110 shares of the company’s stock worth $2,032,000 after buying an additional 1,621 shares during the last quarter. BlackRock Group LTD increased its stake in CBOE Holdings by 66.4% in the first quarter. BlackRock Group LTD now owns 75,519 shares of the company’s stock worth $4,934,000 after buying an additional 30,147 shares during the period. BlackRock Institutional Trust Company N.A. increased its stake in CBOE Holdings by 0.4% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 2,433,801 shares of the company’s stock worth $159,000,000 after buying an additional 9,704 shares during the period. BlackRock Japan Co. Ltd increased its stake in CBOE Holdings by 10.4% in the first quarter. BlackRock Japan Co. Ltd now owns 36,990 shares of the company’s stock worth $2,417,000 after buying an additional 3,490 shares during the period. Finally, M&T Bank Corp increased its stake in CBOE Holdings by 1.8% in the first quarter. M&T Bank Corp now owns 13,811 shares of the company’s stock worth $902,000 after buying an additional 249 shares during the period. 73.72% of the stock is currently owned by institutional investors.
Shares of CBOE Holdings Inc. (NASDAQ:CBOE) traded down 2.28% during midday trading on Monday, reaching $64.58. 819,222 shares of the company’s stock traded hands. CBOE Holdings Inc. has a one year low of $58.43 and a one year high of $72.53. The stock’s 50-day moving average price is $67.89 and its 200 day moving average price is $66.16. The firm has a market capitalization of $5.25 billion, a PE ratio of 24.43 and a beta of 0.55.
CBOE Holdings (NASDAQ:CBOE) last issued its quarterly earnings data on Friday, July 29th. The company reported $0.60 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.60. CBOE Holdings had a net margin of 32.55% and a return on equity of 81.50%. The firm had revenue of $163.30 million for the quarter, compared to analysts’ expectations of $159.22 million. During the same quarter in the prior year, the business earned $0.54 EPS. The business’s quarterly revenue was up 9.8% on a year-over-year basis. On average, equities research analysts expect that CBOE Holdings Inc. will post $2.40 earnings per share for the current fiscal year.
A number of research firms recently issued reports on CBOE. Wells Fargo & Co. restated a “hold” rating on shares of CBOE Holdings in a report on Friday, September 23rd. Barclays PLC restated an “underweight” rating and set a $52.00 price objective (down previously from $54.00) on shares of CBOE Holdings in a report on Friday, September 2nd. JPMorgan Chase & Co. restated a “hold” rating and set a $61.00 price objective on shares of CBOE Holdings in a report on Wednesday, August 3rd. Deutsche Bank AG raised their price objective on shares of CBOE Holdings from $67.00 to $68.00 and gave the stock a “hold” rating in a report on Friday, September 9th. Finally, Zacks Investment Research downgraded shares of CBOE Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, September 7th. Five investment 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’s stock. The stock presently has an average rating of “Hold” and an average target price of $65.26.
In other news, CEO Edward T. Tilly sold 6,250 shares of the stock in a transaction that occurred on Monday, September 12th. The shares were sold at an average price of $67.86, for a total value of $424,125.00. Following the transaction, the chief executive officer now owns 73,611 shares in the company, valued at approximately $4,995,242.46. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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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