Legal & General Group Plc Has $52.77 Million Holdings in CBOE Holdings, Inc. (CBOE)

Legal & General Group Plc raised its position in shares of CBOE Holdings, Inc. (NASDAQ:CBOE) by 304.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 490,274 shares of the financial services provider’s stock after buying an additional 369,123 shares during the quarter. Legal & General Group Plc owned about 0.43% of CBOE worth $52,768,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. FMR LLC raised its position in shares of CBOE by 16.1% in the 2nd quarter. FMR LLC now owns 10,979,841 shares of the financial services provider’s stock valued at $1,003,557,000 after purchasing an additional 1,519,882 shares during the last quarter. Vanguard Group Inc. raised its position in shares of CBOE by 23.8% in the 2nd quarter. Vanguard Group Inc. now owns 9,823,514 shares of the financial services provider’s stock valued at $897,869,000 after purchasing an additional 1,886,113 shares during the last quarter. BlackRock Inc. raised its position in shares of CBOE by 30.7% in the 2nd quarter. BlackRock Inc. now owns 6,411,674 shares of the financial services provider’s stock valued at $586,026,000 after purchasing an additional 1,507,072 shares during the last quarter. State Street Corp raised its position in shares of CBOE by 17.2% in the 2nd quarter. State Street Corp now owns 4,114,972 shares of the financial services provider’s stock valued at $376,120,000 after purchasing an additional 604,328 shares during the last quarter. Finally, Artisan Partners Limited Partnership raised its position in shares of CBOE by 26.6% in the 2nd quarter. Artisan Partners Limited Partnership now owns 2,268,651 shares of the financial services provider’s stock valued at $207,355,000 after purchasing an additional 475,971 shares during the last quarter. 84.07% of the stock is owned by institutional investors and hedge funds.

Several brokerages recently commented on CBOE. Deutsche Bank increased their price objective 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. Zacks Investment Research lowered shares of CBOE from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th. Citigroup increased their price objective on shares of CBOE from $93.00 to $115.00 and gave the company a “neutral” rating in a research report on Thursday, October 19th. Royal Bank Of Canada lowered shares of CBOE from an “outperform” rating to a “sector perform” rating and increased their price objective for the company from $100.00 to $108.00 in a research report on Monday, October 16th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $108.00 price objective on shares of CBOE in a research report on Thursday, October 12th. Eight research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $107.50.

In other news, Director Christopher Mitchell sold 670 shares of the firm’s stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $120.89, for a total transaction of $80,996.30. Following the sale, the director now owns 8,808 shares of the company’s stock, valued at approximately $1,064,799.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Christopher A. Isaacson sold 7,019 shares of the firm’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 transaction of $873,303.98. Following the sale, the vice president now directly owns 90,229 shares in the company, valued at approximately $11,226,292.18. The disclosure for this sale can be found here. Insiders have sold a total of 16,689 shares of company stock valued at $1,918,380 over the last three months. 1.86% of the stock is currently owned by insiders.

CBOE Holdings, Inc. (NASDAQ CBOE) opened at $123.77 on Wednesday. CBOE Holdings, Inc. has a 1 year low of $72.54 and a 1 year high of $127.78. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.57 and a current ratio of 1.57. The stock has a market cap of $13,967.79, a P/E ratio of 38.84, a price-to-earnings-growth ratio of 2.07 and a beta of 0.52.

CBOE (NASDAQ:CBOE) last posted its quarterly earnings results on Tuesday, November 7th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.01. CBOE had a net margin of 10.55% and a return on equity of 14.70%. The company had revenue of $269.70 million during the quarter, compared to analyst estimates of $270.14 million. During the same period last year, the firm posted $0.72 EPS. CBOE’s revenue for the quarter was up 98.0% compared to the same quarter last year. equities analysts predict that CBOE Holdings, Inc. will post 3.41 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date of this dividend is Thursday, November 30th. CBOE’s dividend payout ratio is presently 58.70%.

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CBOE 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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Institutional Ownership by Quarter for CBOE (NASDAQ:CBOE)

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