CBOE Holdings Inc. (NASDAQ:CBOE) has earned a consensus rating of “Hold” from the eighteen ratings firms that are covering the company. Five investment analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $64.84.

Several research firms have weighed in on CBOE. Morgan Stanley reissued an “equal weight” rating and set a $32.50 price target (up previously from $26.00) on shares of CBOE Holdings in a research report on Wednesday, October 12th. Jefferies Group raised their price target on CBOE Holdings from $62.00 to $66.00 and gave the stock a “hold” rating in a research report on Tuesday, October 11th. Evercore ISI raised 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. Deutsche Bank AG lifted their price objective on CBOE Holdings from $68.00 to $70.00 and gave the company a “hold” rating in a research report on Wednesday, October 5th. Finally, Wells Fargo & Co. raised CBOE Holdings from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $67.50 to $80.50 in a research report on Tuesday, October 4th.

In related news, CEO Edward T. Tilly sold 6,250 shares of the business’s stock in a transaction dated Monday, September 12th. The stock was sold at an average price of $67.86, for a total value of $424,125.00. Following the transaction, the chief executive officer now owns 73,611 shares in the company, valued at $4,995,242.46. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 0.96% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CBOE. Renaissance Technologies LLC boosted its position in CBOE Holdings by 0.8% in the first quarter. Renaissance Technologies LLC now owns 4,436,700 shares of the company’s stock valued at $289,850,000 after buying an additional 37,000 shares during the period. BlackRock Fund Advisors boosted its position in CBOE Holdings by 3.4% in the second quarter. BlackRock Fund Advisors now owns 2,990,390 shares of the company’s stock valued at $199,220,000 after buying an additional 97,984 shares during the period. BlackRock Institutional Trust Company N.A. boosted its position in CBOE Holdings by 1.1% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 2,460,088 shares of the company’s stock valued at $163,891,000 after buying an additional 26,287 shares during the period. State Street Corp boosted its position in CBOE Holdings by 1.0% in the first quarter. State Street Corp now owns 2,159,668 shares of the company’s stock valued at $141,096,000 after buying an additional 21,575 shares during the period. Finally, Lazard Asset Management LLC boosted its position in CBOE Holdings by 76.5% in the first quarter. Lazard Asset Management LLC now owns 1,859,260 shares of the company’s stock valued at $121,464,000 after buying an additional 806,144 shares during the period. Institutional investors and hedge funds own 73.72% of the company’s stock.

CBOE Holdings (NASDAQ:CBOE) opened at 66.09 on Wednesday. The company has a 50-day moving average of $67.89 and a 200-day moving average of $66.16. The company has a market cap of $5.37 billion, a PE ratio of 25.00 and a beta of 0.55. CBOE Holdings has a 52 week low of $58.43 and a 52 week high of $72.53.

CBOE Holdings (NASDAQ:CBOE) last released its quarterly earnings results on Friday, July 29th. The company reported $0.60 earnings per share for the quarter, hitting the consensus estimate of $0.60. The company earned $163.30 million during the quarter, compared to the consensus estimate of $159.22 million. CBOE Holdings had a return on equity of 81.50% and a net margin of 32.55%. CBOE Holdings’s revenue was up 9.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.54 earnings per share. On average, equities analysts expect that CBOE Holdings will post $2.40 EPS for the current year.

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).

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