Smithfield Trust Co. lowered its stake in shares of CBOE Holdings Inc. (NASDAQ:CBOE) by 5.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,370 shares of the company’s stock after selling 200 shares during the period. Smithfield Trust Co.’s holdings in CBOE Holdings were worth $224,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. BlackRock Group LTD increased its stake in shares of CBOE Holdings by 66.4% in the first quarter. BlackRock Group LTD now owns 75,519 shares of the company’s stock valued at $4,934,000 after buying an additional 30,147 shares during the period. BlackRock Institutional Trust Company N.A. increased its stake in shares of 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 valued at $159,000,000 after buying an additional 9,704 shares during the period. BlackRock Japan Co. Ltd increased its stake in shares of CBOE Holdings by 10.4% in the first quarter. BlackRock Japan Co. Ltd now owns 36,990 shares of the company’s stock valued at $2,417,000 after buying an additional 3,490 shares during the period. M&T Bank Corp increased its stake in shares of CBOE Holdings by 1.8% in the first quarter. M&T Bank Corp now owns 13,811 shares of the company’s stock valued at $902,000 after buying an additional 249 shares during the period. Finally, Credit Agricole S A increased its stake in shares of CBOE Holdings by 301.2% in the first quarter. Credit Agricole S A now owns 116,858 shares of the company’s stock valued at $7,635,000 after buying an additional 87,732 shares during the period. 73.72% of the stock is owned by institutional investors and hedge funds.
Shares of CBOE Holdings Inc. (NASDAQ:CBOE) traded up 0.02% during mid-day trading on Wednesday, reaching $65.02. 565,749 shares of the company’s stock were exchanged. The stock’s 50-day moving average is $67.65 and its 200-day moving average is $66.16. The stock has a market cap of $5.29 billion, a price-to-earnings ratio of 24.59 and a beta of 0.55. CBOE Holdings Inc. has a 52-week low of $58.43 and a 52-week high of $72.53.
CBOE Holdings (NASDAQ:CBOE) last announced its quarterly earnings results on Friday, July 29th. The company reported $0.60 earnings per share for the quarter, meeting the Zacks’ 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 analyst estimates of $159.22 million. During the same quarter in the previous year, the firm posted $0.54 earnings per share. The business’s revenue was up 9.8% on a year-over-year basis. On average, equities analysts expect that CBOE Holdings Inc. will post $2.40 EPS for the current year.
Several equities research analysts recently commented on CBOE shares. Buckingham Research upgraded shares of CBOE Holdings from a “neutral” rating to a “buy” rating and upped their price target for the company from $66.00 to $77.00 in a research report on Tuesday, September 27th. Evercore ISI upgraded shares of CBOE Holdings from a “hold” rating to a “buy” rating and set a $74.00 price objective on the stock in a research note on Tuesday, October 11th. Morgan Stanley reiterated an “equal weight” rating and issued a $32.50 price objective (up previously from $26.00) on shares of CBOE Holdings in a research note on Wednesday, October 12th. Zacks Investment Research upgraded shares of CBOE Holdings from a “sell” rating to a “hold” rating in a research note on Monday, July 4th. Finally, Deutsche Bank AG reiterated a “hold” rating on shares of CBOE Holdings in a research note on Sunday, June 26th. Five investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $65.26.
In other news, CEO Edward T. Tilly sold 6,250 shares of the business’s stock in a transaction 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 sale, the chief executive officer now owns 73,611 shares of the company’s stock, valued at $4,995,242.46. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.96% of the stock is currently owned by company 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).
Want to see what other hedge funds are holding CBOE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CBOE Holdings Inc. (NASDAQ:CBOE).
Receive News & Ratings for CBOE Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CBOE Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.