CBOE Holdings, Inc. (NASDAQ:CBOE) Director Frank E. Jr. English sold 300 shares of the company’s stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $123.80, for a total transaction of $37,140.00. Following the transaction, the director now directly owns 4,214 shares of the company’s stock, valued at approximately $521,693.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
CBOE Holdings, Inc. (NASDAQ CBOE) traded up $1.08 during trading on Friday, hitting $125.27. 1,196,428 shares of the stock traded hands, compared to its average volume of 1,071,305. CBOE Holdings, Inc. has a 52 week low of $72.54 and a 52 week high of $127.78. The firm has a market capitalization of $14,212.88, a price-to-earnings ratio of 39.52, a P/E/G ratio of 2.11 and a beta of 0.52. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.46.
CBOE (NASDAQ:CBOE) last released its quarterly earnings data on Tuesday, November 7th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate 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 quarter in the prior year, the business earned $0.72 earnings per share. The business’s quarterly revenue was up 98.0% compared to the same quarter last year. sell-side analysts forecast that CBOE Holdings, Inc. will post 3.41 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.86%. The ex-dividend date of this dividend is Thursday, November 30th. CBOE’s payout ratio is currently 58.70%.
Several equities analysts recently commented on CBOE shares. Zacks Investment Research raised shares of CBOE from a “hold” rating to a “buy” rating and set a $121.00 price target for the company in a research report on Monday, October 9th. Bank of America upped their price target on shares of CBOE from $113.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, October 9th. Royal Bank Of Canada set a $100.00 price target on shares of CBOE and gave the stock a “buy” rating in a research report on Monday, September 11th. Barclays assumed coverage on shares of CBOE in a research report on Friday, September 8th. They issued an “equal weight” rating and a $105.00 price objective for the company. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $108.00 price objective on shares of CBOE in a research report on Thursday, October 12th. Eight analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $107.50.
Institutional investors have recently added to or reduced their stakes in the company. FMR LLC boosted its stake in shares of CBOE by 16.1% in the second 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 period. Vanguard Group Inc. boosted its stake in shares of CBOE by 23.8% in the second 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 period. BlackRock Inc. boosted its stake in shares of CBOE by 30.7% in the second 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 period. State Street Corp boosted its stake in shares of CBOE by 17.2% in the second 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 period. Finally, Artisan Partners Limited Partnership boosted its stake in shares of CBOE by 2.2% in the third quarter. Artisan Partners Limited Partnership now owns 2,318,655 shares of the financial services provider’s stock valued at $249,557,000 after purchasing an additional 50,004 shares during the period. 84.07% of the stock is owned by institutional investors.
ILLEGAL ACTIVITY NOTICE: This story was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this story on another domain, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The original version of this story can be viewed at https://www.dispatchtribunal.com/2017/12/10/cboe-holdings-inc-cboe-director-sells-37140-00-in-stock.html.
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).
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.