Dimensional Fund Advisors LP increased its position in CBOE Holdings, Inc. (NASDAQ:CBOE) by 8.9% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 404,819 shares of the financial services provider’s stock after buying an additional 33,072 shares during the period. Dimensional Fund Advisors LP owned about 0.50% of CBOE Holdings worth $32,816,000 at the end of the most recent reporting period.
Several other large investors also recently made changes to their positions in CBOE. FMR LLC boosted its stake 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 worth $766,920,000 after buying an additional 3,238,234 shares during the period. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in shares of CBOE Holdings by 77.5% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 5,503 shares of the financial services provider’s stock worth $446,000 after buying an additional 2,403 shares during the period. Alliancebernstein L.P. boosted its stake in shares of CBOE Holdings by 160.6% in the first quarter. Alliancebernstein L.P. now owns 144,173 shares of the financial services provider’s stock worth $11,688,000 after buying an additional 88,842 shares during the period. Bank of Montreal Can boosted its stake in shares of CBOE Holdings by 136.7% in the first quarter. Bank of Montreal Can now owns 51,883 shares of the financial services provider’s stock worth $4,207,000 after buying an additional 29,960 shares during the period. Finally, Credit Agricole S A boosted its stake in shares of CBOE Holdings by 10.6% in the first quarter. Credit Agricole S A now owns 119,816 shares of the financial services provider’s stock worth $9,714,000 after buying an additional 11,529 shares during the period. 79.66% of the stock is owned by institutional investors and hedge funds.
CBOE Holdings, Inc. (NASDAQ CBOE) traded down 0.46% on Friday, hitting $96.74. The stock had a trading volume of 147,081 shares. The stock has a market capitalization of $10.91 billion, a price-to-earnings ratio of 52.89 and a beta of 0.49. CBOE Holdings, Inc. has a 52 week low of $61.58 and a 52 week high of $98.55. The company has a 50-day moving average price of $94.00 and a 200-day moving average price of $85.53.
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. Equities research analysts anticipate that CBOE Holdings, Inc. will post $3.37 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, September 1st will be paid a $0.27 dividend. The ex-dividend date is 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 1.11%. CBOE Holdings’s dividend payout ratio (DPR) is currently 55.25%.
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CBOE has been the subject of a number of analyst reports. Zacks Investment Research raised CBOE Holdings from a “hold” rating to a “strong-buy” rating and set a $98.00 price objective for the company in a research note on Friday, May 12th. BidaskClub raised CBOE Holdings from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, June 14th. Royal Bank Of Canada set a $90.00 price objective on CBOE Holdings and gave the stock an “outperform” rating in a research note on Friday, May 12th. Citigroup Inc. initiated coverage on CBOE Holdings in a research note on Wednesday, July 12th. They set a “neutral” rating and a $93.00 price objective for the company. Finally, Deutsche Bank AG lifted their price objective on CBOE Holdings from $88.00 to $89.00 and gave the stock a “hold” rating in a research note on Monday, August 7th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $76.97.
In other CBOE Holdings news, Director Christopher Mitchell sold 225,000 shares of CBOE Holdings stock in a transaction dated Friday, June 9th. The stock was sold at an average price of $89.17, for a total transaction of $20,063,250.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Edward T. Tilly sold 5,000 shares of CBOE Holdings stock in a transaction dated Monday, June 5th. The shares were sold at an average price of $86.85, for a total value of $434,250.00. Following the transaction, the chairman now owns 80,611 shares of the company’s stock, valued at approximately $7,001,065.35. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 438,836 shares of company stock valued at $40,827,813. 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).
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