CBOE Holdings, Inc. (NASDAQ:CBOE) has received a consensus rating of “Buy” from the sixteen analysts that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $75.12.
CBOE has been the topic of several recent research reports. Zacks Investment Research cut CBOE Holdings from a “buy” rating to a “sell” rating in a report on Tuesday, March 7th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $90.00 price objective on shares of CBOE Holdings in a report on Friday, March 31st. Deutsche Bank AG upped their price objective on CBOE Holdings from $76.00 to $79.00 and gave the stock a “hold” rating in a report on Thursday, April 6th. Jefferies Group LLC reaffirmed a “hold” rating and set a $85.00 price objective on shares of CBOE Holdings in a report on Monday, April 10th. Finally, BidaskClub raised CBOE Holdings from a “buy” rating to a “strong-buy” rating in a report on Wednesday.
In other CBOE Holdings news, VP Christopher A. Isaacson sold 7,316 shares of the stock in a transaction on Monday, June 12th. The stock was sold at an average price of $89.21, for a total value of $652,660.36. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Christopher Mitchell sold 225,000 shares of the stock in a transaction on Friday, June 9th. The stock was sold at an average price of $89.17, for a total value of $20,063,250.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 242,316 shares of company stock worth $21,543,210. Insiders own 0.96% of the company’s stock.
A number of hedge funds have recently added to or reduced their stakes in the company. FMR LLC raised its stake in CBOE Holdings by 8,656.1% in the fourth quarter. FMR LLC now owns 6,221,725 shares of the financial services provider’s stock worth $459,723,000 after buying an additional 6,150,669 shares during the last quarter. BlackRock Inc. raised its stake in CBOE Holdings by 9,849.9% in the first quarter. BlackRock Inc. now owns 4,904,602 shares of the financial services provider’s stock worth $397,614,000 after buying an additional 4,855,309 shares during the last quarter. General Atlantic LLC acquired a new stake in CBOE Holdings during the first quarter worth $230,006,000. Vanguard Group Inc. raised its stake in CBOE Holdings by 29.4% in the first quarter. Vanguard Group Inc. now owns 7,937,401 shares of the financial services provider’s stock worth $643,485,000 after buying an additional 1,803,114 shares during the last quarter. Finally, Artisan Partners Limited Partnership acquired a new stake in CBOE Holdings during the first quarter worth $145,333,000. Institutional investors and hedge funds own 78.70% of the company’s stock.
CBOE Holdings (CBOE) traded down 1.08% on Monday, hitting $88.57. 3,292,159 shares of the company’s stock traded hands. The stock has a market cap of $9.92 billion, a P/E ratio of 49.43 and a beta of 0.53. CBOE Holdings has a 12 month low of $61.58 and a 12 month high of $90.29. The stock has a 50 day moving average price of $85.89 and a 200-day moving average price of $79.91.
CBOE Holdings (NASDAQ:CBOE) last issued its quarterly earnings data on Tuesday, May 9th. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.68 by $0.10. The business had revenue of $193.40 million for the quarter, compared to analysts’ expectations of $208.30 million. CBOE Holdings had a return on equity of 24.30% and a net margin of 18.03%. The company’s revenue for the quarter was up 35.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.60 EPS. Equities analysts predict that CBOE Holdings will post $3.37 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, June 16th. Shareholders of record on Friday, June 2nd were paid a $0.25 dividend. The ex-dividend date was Wednesday, May 31st. This represents a $1.00 dividend on an annualized basis and a yield of 1.13%. CBOE Holdings’s payout ratio is 54.64%.
ILLEGAL ACTIVITY WARNING: This piece was reported by WKRB News and is owned by of WKRB News. If you are viewing this piece on another website, it was illegally stolen and republished in violation of United States and international trademark & copyright laws. The legal version of this piece can be viewed at https://www.wkrb13.com/markets/2231048/cboe-holdings-inc-cboe-receives-75-12-consensus-pt-from-brokerages.html.
About CBOE Holdings
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).
This story was originally published by WKRB News (https://www.wkrb13.com) and is the sole property of WKRB News. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://www.wkrb13.com/markets/2231048/cboe-holdings-inc-cboe-receives-75-12-consensus-pt-from-brokerages.html
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.