CBOE Holdings, Inc. (CBOE) Shares Bought by Advantus Capital Management Inc
Advantus Capital Management Inc increased its stake in CBOE Holdings, Inc. (NASDAQ:CBOE) by 25.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,482 shares of the financial services provider’s stock after purchasing an additional 2,309 shares during the quarter. Advantus Capital Management Inc owned 10,180.88% of CBOE Holdings worth $1,236,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. FMR LLC increased its holdings in shares of CBOE Holdings by 16.1% in the 2nd 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 in the last quarter. Vanguard Group Inc. increased its holdings in shares of CBOE Holdings by 23.8% in the 2nd 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 in the last quarter. BlackRock Inc. increased its holdings in shares of CBOE Holdings by 30.7% in the 2nd 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 in the last quarter. State Street Corp increased its holdings in shares of CBOE Holdings by 17.2% in the 2nd 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 in the last quarter. Finally, Artisan Partners Limited Partnership increased its holdings in shares of CBOE Holdings by 26.6% in the 2nd quarter. Artisan Partners Limited Partnership now owns 2,268,651 shares of the financial services provider’s stock valued at $207,355,000 after purchasing an additional 475,971 shares in the last quarter. Institutional investors and hedge funds own 81.88% of the company’s stock.
CBOE has been the subject of a number of research analyst reports. Bank of America Corporation increased their price target on shares of CBOE Holdings from $113.00 to $120.00 and gave the company a “buy” rating in a report on Monday, October 9th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $108.00 price target on shares of CBOE Holdings in a report on Thursday, October 12th. Jefferies Group LLC reiterated a “hold” rating and issued a $92.00 price target on shares of CBOE Holdings in a report on Thursday, August 24th. Zacks Investment Research upgraded shares of CBOE Holdings from a “hold” rating to a “buy” rating and set a $121.00 price target for the company in a report on Monday, October 9th. Finally, Barclays PLC initiated coverage on shares of CBOE Holdings in a report on Friday, September 8th. They issued an “equal weight” rating and a $105.00 price target for the company. Eight equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $105.36.
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Shares of CBOE Holdings, Inc. (NASDAQ CBOE) opened at $114.45 on Friday. The company has a market cap of $12,985.27, a PE ratio of 36.10, a P/E/G ratio of 1.92 and a beta of 0.49. CBOE Holdings, Inc. has a 12 month low of $66.99 and a 12 month high of $116.56. The company has a quick ratio of 1.38, a current ratio of 1.57 and a debt-to-equity ratio of 0.46.
CBOE Holdings (NASDAQ:CBOE) last issued its quarterly earnings data on Tuesday, November 7th. The financial services provider reported $0.89 EPS for the quarter, beating the Zacks’ consensus estimate of $0.88 by $0.01. The firm had revenue of $269.70 million for the quarter, compared to analysts’ expectations of $270.14 million. CBOE Holdings had a net margin of 13.37% and a return on equity of 14.70%. The firm’s revenue was up 98.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.72 EPS. equities analysts anticipate that CBOE Holdings, Inc. will post 3.41 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be paid a dividend of $0.27 per share. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $1.08 annualized dividend and a dividend yield of 0.94%. CBOE Holdings’s dividend payout ratio is currently 58.70%.
In other CBOE Holdings news, Director Carole E. Stone sold 1,520 shares of the firm’s stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $97.14, for a total transaction of $147,652.80. Following the sale, the director now directly owns 14,241 shares of the company’s stock, valued at approximately $1,383,370.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Frank E. Jr. English sold 700 shares of the firm’s stock in a transaction dated Friday, August 25th. The stock was sold at an average price of $99.59, for a total transaction of $69,713.00. Following the sale, the director now directly owns 4,514 shares in the company, valued at $449,549.26. The disclosure for this sale can be found here. Insiders have sold a total of 218,240 shares of company stock worth $21,417,728 over the last ninety days. 1.86% of the stock is owned by corporate insiders.
CBOE Holdings Profile
Cboe Global Markets, Inc, formerly 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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