CBOE Holdings, Inc. (NASDAQ:CBOE) – Investment analysts at Jefferies Group issued their FY2019 earnings per share (EPS) estimates for shares of CBOE Holdings in a research report issued to clients and investors on Monday. Jefferies Group analyst D. Fannon expects that the financial services provider will post earnings per share of $4.18 for the year. Jefferies Group currently has a “Hold” rating and a $92.00 target price on the stock.
CBOE Holdings (NASDAQ:CBOE) last announced its quarterly earnings results on Friday, August 4th. The financial services provider reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.01. CBOE Holdings had a return on equity of 17.45% and a net margin of 17.81%. The firm had revenue of $266.90 million for the quarter, compared to analysts’ expectations of $266.22 million. During the same period in the prior year, the business posted $0.60 earnings per share. The business’s revenue was up 85.2% compared to the same quarter last year.
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A number of other equities analysts have also weighed in on the stock. Royal Bank Of Canada lowered shares of CBOE Holdings from an “outperform” rating to a “sector perform” rating and boosted their price objective for the stock from $100.00 to $108.00 in a report on Monday. Keefe, Bruyette & Woods restated a “hold” rating and issued a $108.00 price objective on shares of CBOE Holdings in a report on Thursday, October 12th. Zacks Investment Research upgraded shares of CBOE Holdings from a “hold” rating to a “buy” rating and set a $121.00 price objective for the company in a report on Monday, October 9th. Bank of America Corporation boosted their price objective on shares of CBOE Holdings from $113.00 to $120.00 and gave the stock a “buy” rating in a report on Monday, October 9th. Finally, Wells Fargo & Company restated an “outperform” rating and issued a $120.00 price objective (up from $106.00) on shares of CBOE Holdings in a report on Thursday, October 5th. They noted that the move was a valuation call. Seven investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $101.64.
Shares of CBOE Holdings (CBOE) traded down 0.19% during mid-day trading on Tuesday, reaching $109.32. The company’s stock had a trading volume of 412,606 shares. The firm has a 50 day moving average price of $105.74 and a 200 day moving average price of $92.98. The firm has a market cap of $12.33 billion, a price-to-earnings ratio of 59.77 and a beta of 0.50. CBOE Holdings has a 52-week low of $61.58 and a 52-week high of $110.67.
In other CBOE Holdings news, Chairman Edward T. Tilly sold 5,000 shares of CBOE Holdings stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $105.52, for a total value of $527,600.00. Following the completion of the sale, the chairman now owns 75,611 shares of the company’s stock, valued at approximately $7,978,472.72. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider David S. Reynolds sold 4,000 shares of CBOE Holdings stock in a transaction that occurred on Thursday, October 12th. The stock was sold at an average price of $109.12, for a total transaction of $436,480.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 218,240 shares of company stock valued at $21,417,728. 1.86% of the stock is currently owned by insiders.
A number of large investors have recently bought and sold shares of the business. Vantage Investment Advisors LLC grew its position in CBOE Holdings by 0.3% in the 2nd quarter. Vantage Investment Advisors LLC now owns 3,006 shares of the financial services provider’s stock worth $275,000 after purchasing an additional 8 shares during the period. Gateway Investment Advisers LLC grew its position in shares of CBOE Holdings by 0.3% during the 2nd quarter. Gateway Investment Advisers LLC now owns 5,592 shares of the financial services provider’s stock valued at $511,000 after acquiring an additional 16 shares during the period. Bronfman E.L. Rothschild L.P. grew its position in shares of CBOE Holdings by 1.5% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 1,346 shares of the financial services provider’s stock valued at $123,000 after acquiring an additional 20 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of CBOE Holdings by 0.3% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,826 shares of the financial services provider’s stock valued at $624,000 after acquiring an additional 21 shares during the period. Finally, Advisor Group Inc. grew its position in shares of CBOE Holdings by 0.9% during the 2nd quarter. Advisor Group Inc. now owns 2,278 shares of the financial services provider’s stock valued at $208,000 after acquiring an additional 21 shares during the period. 82.29% of the stock is owned by institutional investors and hedge funds.
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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