Advisors Asset Management Inc. raised its stake in shares of CBOE Holdings Inc. (NASDAQ:CBOE) by 0.0% during the third quarter, Holdings Channel reports. The fund owned 13,678 shares of the company’s stock after buying an additional 5 shares during the period. Advisors Asset Management Inc.’s holdings in CBOE Holdings were worth $887,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Great West Life Assurance Co. Can boosted its stake in shares of CBOE Holdings by 1.6% in the third quarter. Great West Life Assurance Co. Can now owns 49,262 shares of the company’s stock valued at $3,192,000 after buying an additional 754 shares during the last quarter. Roosevelt Investment Group Inc. boosted its stake in CBOE Holdings by 43.4% in the second quarter. Roosevelt Investment Group Inc. now owns 358,247 shares of the company’s stock worth $23,866,000 after buying an additional 108,496 shares in the last quarter. William Blair Investment Management LLC boosted its stake in CBOE Holdings by 2.4% in the second quarter. William Blair Investment Management LLC now owns 1,710,881 shares of the company’s stock worth $113,979,000 after buying an additional 39,704 shares in the last quarter. DRW Securities LLC boosted its stake in CBOE Holdings by 2.3% in the second quarter. DRW Securities LLC now owns 4,431 shares of the company’s stock worth $295,000 after buying an additional 100 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in CBOE Holdings by 66.5% in the second quarter. JPMorgan Chase & Co. now owns 56,500 shares of the company’s stock worth $3,765,000 after buying an additional 22,571 shares in the last quarter. Institutional investors own 73.40% of the company’s stock.
Shares of CBOE Holdings Inc. (NASDAQ:CBOE) remained flat at $67.94 during midday trading on Thursday. CBOE Holdings Inc. has a 52-week low of $58.43 and a 52-week high of $72.53. The company has a market capitalization of $5.52 billion, a PE ratio of 29.16 and a beta of 0.57. The company has a 50 day moving average of $65.77 and a 200-day moving average of $66.34.
CBOE Holdings (NASDAQ:CBOE) last posted its quarterly earnings results on Friday, October 28th. The company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.02. CBOE Holdings had a net margin of 29.92% and a return on equity of 73.40%. The firm earned $456.20 million during the quarter, compared to the consensus estimate of $159.44 million. During the same period in the previous year, the firm posted $0.76 earnings per share. The business’s revenue was down 16.5% compared to the same quarter last year. On average, equities research analysts predict that CBOE Holdings Inc. will post $2.33 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 16th. Stockholders of record on Friday, December 2nd will be given a dividend of $0.25 per share. The ex-dividend date is Wednesday, November 30th. This is an increase from CBOE Holdings’s previous quarterly dividend of $0.23. This represents a $1.00 annualized dividend and a dividend yield of 1.47%. CBOE Holdings’s payout ratio is presently 42.92%.
A number of research firms recently commented on CBOE. Zacks Investment Research upgraded shares of CBOE Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, November 15th. Deutsche Bank AG restated a “hold” rating and issued a $70.00 price objective (up previously from $65.00) on shares of CBOE Holdings in a research report on Monday, October 31st. Morgan Stanley restated an “equal weight” rating and issued a $32.50 price objective (up previously from $26.00) on shares of CBOE Holdings in a research report on Wednesday, October 12th. Jefferies Group upped their price objective on shares of CBOE Holdings from $62.00 to $66.00 and gave the company a “hold” rating in a research report on Tuesday, October 11th. Finally, Evercore ISI upgraded shares of CBOE Holdings from a “hold” rating to a “buy” rating and set a $74.00 price objective for the company in a research report on Tuesday, October 11th. Five research analysts have rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $65.26.
In other news, CEO Edward T. Tilly sold 6,250 shares of the business’s stock in a transaction dated Monday, September 12th. The shares were sold at an average price of $67.86, for a total transaction of $424,125.00. Following the completion of the sale, the chief executive officer now directly owns 73,611 shares of the company’s stock, valued at $4,995,242.46. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.96% of the company’s stock.
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).