Nationwide Fund Advisors increased its position in CBOE Holdings, Inc. (NASDAQ:CBOE) by 6.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 104,250 shares of the financial services provider’s stock after purchasing an additional 6,036 shares during the period. Nationwide Fund Advisors owned approximately 0.09% of CBOE worth $11,220,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. raised its position in 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 buying an additional 1,886,113 shares during the last quarter. FMR LLC raised its position in 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 buying an additional 1,519,882 shares during the last quarter. BlackRock Inc. increased its position in shares of CBOE by 30.7% during 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. BT Investment Management Ltd purchased a new stake in shares of CBOE during the 2nd quarter valued at $108,155,000. Finally, American Century Companies Inc. increased its position in shares of CBOE by 135.3% during the 2nd quarter. American Century Companies Inc. now owns 1,258,358 shares of the financial services provider’s stock valued at $115,014,000 after purchasing an additional 723,512 shares during the last quarter. Institutional investors own 84.07% of the company’s stock.
CBOE has been the subject of several research analyst reports. Zacks Investment Research raised CBOE from a “hold” rating to a “buy” rating and set a $121.00 target price for the company in a research report on Monday, October 9th. Bank of America raised their target price on CBOE from $113.00 to $120.00 and gave the company a “buy” rating in a research report on Monday, October 9th. Royal Bank Of Canada set a $100.00 target price on CBOE and gave the company a “buy” rating in a research report on Monday, September 11th. Barclays initiated coverage on CBOE in a research report on Friday, September 8th. They set an “equal weight” rating and a $105.00 target price for the company. Finally, Jefferies Group reaffirmed a “hold” rating and set a $92.00 target price on shares of CBOE in a research report on Thursday, August 24th. Eight 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. CBOE currently has an average rating of “Hold” and a consensus target price of $107.50.
CBOE Holdings, Inc. (NASDAQ:CBOE) opened at $123.11 on Tuesday. CBOE Holdings, Inc. has a 12 month low of $71.80 and a 12 month high of $127.78. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $14,097.13, a PE ratio of 39.20, a price-to-earnings-growth ratio of 2.09 and a beta of 0.52.
CBOE (NASDAQ:CBOE) last issued its earnings results on Tuesday, November 7th. The financial services provider reported $0.89 EPS for the quarter, topping the consensus estimate of $0.88 by $0.01. CBOE had a return on equity of 14.70% and a net margin of 10.55%. The business had revenue of $269.70 million during the quarter, compared to the consensus estimate of $270.14 million. During the same quarter last year, the company earned $0.72 EPS. The firm’s revenue was up 98.0% compared to the same quarter last year. equities analysts expect that CBOE Holdings, Inc. will post 3.41 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be paid a $0.27 dividend. The ex-dividend date is Thursday, November 30th. This represents a $1.08 annualized dividend and a yield of 0.88%. CBOE’s dividend payout ratio is currently 58.70%.
In other news, insider David S. Reynolds sold 4,000 shares of CBOE stock in a transaction dated Thursday, October 12th. The stock was sold at an average price of $109.12, for a total transaction of $436,480.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Edward T. Tilly sold 5,000 shares of CBOE stock in a transaction dated Monday, September 11th. The shares were sold at an average price of $105.52, for a total value of $527,600.00. Following the sale, the chairman now owns 75,611 shares of the company’s stock, valued at approximately $7,978,472.72. The disclosure for this sale can be found here. In the last 90 days, insiders sold 9,670 shares of company stock valued at $1,045,076. 1.86% of the stock is owned by corporate insiders.
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CBOE Company 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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