Shares of CBOE Holdings Inc. (NASDAQ:CBOE) have received a consensus recommendation of “Hold” from the eighteen brokerages that are covering the firm. Five research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have assigned a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $64.84.
A number of brokerages have commented on CBOE. JPMorgan Chase & Co. restated a “hold” rating and set a $61.00 price target on shares of CBOE Holdings in a research note on Wednesday, August 3rd. Wells Fargo & Co. restated a “hold” rating on shares of CBOE Holdings in a research note on Friday, September 23rd. Evercore ISI upgraded shares of CBOE Holdings from a “hold” rating to a “buy” rating and set a $74.00 price target for the company in a research note on Tuesday, October 11th. Credit Agricole SA restated an “underperform” rating and set a $68.00 price target on shares of CBOE Holdings in a research note on Tuesday, September 27th. Finally, Deutsche Bank AG restated a “hold” rating on shares of CBOE Holdings in a research note on Sunday, July 10th.
In other CBOE Holdings news, CEO Edward T. Tilly sold 6,250 shares of CBOE Holdings stock in a transaction on 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 owns 73,611 shares of the company’s stock, valued at approximately $4,995,242.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.96% of the company’s stock.
Hedge funds have recently added to or reduced their stakes in the company. Fox Run Management L.L.C. acquired a new stake in CBOE Holdings during the third quarter worth approximately $220,000. Oregon Public Employees Retirement Fund raised its stake in CBOE Holdings by 2.0% in the third quarter. Oregon Public Employees Retirement Fund now owns 28,423 shares of the company’s stock worth $1,843,000 after buying an additional 561 shares in the last quarter. Mason Street Advisors LLC acquired a new stake in CBOE Holdings during the second quarter worth approximately $2,473,000. Schwab Charles Investment Management Inc. raised its stake in CBOE Holdings by 4.3% in the second quarter. Schwab Charles Investment Management Inc. now owns 313,192 shares of the company’s stock worth $20,865,000 after buying an additional 12,854 shares in the last quarter. Finally, Amalgamated Bank raised its stake in CBOE Holdings by 38.1% in the second quarter. Amalgamated Bank now owns 14,156 shares of the company’s stock worth $950,000 after buying an additional 3,907 shares in the last quarter. 73.72% of the stock is owned by hedge funds and other institutional investors.
Shares of CBOE Holdings (NASDAQ:CBOE) opened at 66.09 on Wednesday. CBOE Holdings has a 52-week low of $58.43 and a 52-week high of $72.53. The firm has a market capitalization of $5.37 billion, a P/E ratio of 25.00 and a beta of 0.55. The firm has a 50-day moving average price of $67.89 and a 200-day moving average price of $66.16.
CBOE Holdings (NASDAQ:CBOE) last released its earnings results on Friday, July 29th. The company reported $0.60 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.60. CBOE Holdings had a net margin of 32.55% and a return on equity of 81.50%. The business earned $163.30 million during the quarter, compared to analysts’ expectations of $159.22 million. The firm’s revenue was up 9.8% on a year-over-year basis. During the same quarter last year, the company earned $0.54 earnings per share. On average, equities research analysts anticipate that CBOE Holdings will post $2.40 EPS for the current year.