The CBOE Holdings Inc. (CBOE) Position Lowered by Analytic Investors LLC

The CBOE Holdings Inc. (CBOE) Position Lowered by Analytic Investors LLC

Analytic Investors LLC decreased its position in CBOE Holdings Inc. (NASDAQ:CBOE) by 2.0% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 1,444,000 shares of the company’s stock after selling 30,216 shares during the period. CBOE Holdings comprises approximately 1.0% of Analytic Investors LLC’s portfolio, making the stock its 25th largest position. Analytic Investors LLC’s holdings in CBOE Holdings were worth $93,643,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in CBOE Holdings by 14.6% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,567 shares of the company’s stock valued at $166,000 after buying an additional 327 shares during the period. Vantage Investment Advisors LLC raised its stake in shares of CBOE Holdings by 0.4% in the third quarter. Vantage Investment Advisors LLC now owns 2,979 shares of the company’s stock valued at $193,000 after buying an additional 11 shares in the last quarter. Steinberg Global Asset Management purchased a new stake in shares of CBOE Holdings during the second quarter valued at $203,000. Summit Securities Group LLC purchased a new stake in shares of CBOE Holdings during the third quarter valued at $206,000. Finally, Tower Research Capital LLC TRC raised its stake in shares of CBOE Holdings by 53.4% in the second quarter. Tower Research Capital LLC TRC now owns 3,204 shares of the company’s stock valued at $213,000 after buying an additional 1,115 shares in the last quarter. Institutional investors own 75.22% of the company’s stock.

Shares of CBOE Holdings Inc. (NASDAQ:CBOE) opened at 75.29 on Thursday. The firm has a market capitalization of $6.12 billion, a P/E ratio of 32.31 and a beta of 0.62. CBOE Holdings Inc. has a 52-week low of $58.43 and a 52-week high of $77.29. The firm has a 50-day moving average price of $74.27 and a 200-day moving average price of $69.01.

CBOE Holdings (NASDAQ:CBOE) last announced its quarterly earnings results on Friday, October 28th. The company reported $0.58 EPS for the quarter, beating the Zacks’ 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 business had revenue of $456.20 million for the quarter, compared to analyst estimates of $159.44 million. During the same quarter in the prior year, the business earned $0.76 EPS. CBOE Holdings’s quarterly revenue was down 16.5% on a year-over-year basis. On average, equities research analysts anticipate that CBOE Holdings Inc. will post $2.39 EPS for the current year.

Several analysts recently weighed in on the company. Wells Fargo & Company reissued a “hold” rating on shares of CBOE Holdings in a report on Friday, September 23rd. 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 report on Tuesday, October 11th. reissued an “underperform” rating and issued a $68.00 price objective on shares of CBOE Holdings in a report on Tuesday, September 27th. Credit Suisse Group AG raised CBOE Holdings from a “neutral” rating to an “outperform” rating in a report on Friday, January 13th. Finally, Deutsche Bank AG lowered CBOE Holdings from a “hold” rating to a “sell” rating and lowered their price objective for the company from $71.00 to $68.00 in a report on Tuesday, December 20th. They noted that the move was a valuation call. Four research analysts have rated the stock with a sell rating, six have given a hold rating and seven have given a buy rating to the company’s stock. CBOE Holdings has an average rating of “Hold” and an average target price of $67.56.

In other CBOE Holdings news, CEO Edward T. Tilly sold 6,250 shares of the business’s stock in a transaction dated Monday, December 12th. The shares were sold at an average price of $76.79, for a total value of $479,937.50. Following the completion of the sale, the chief executive officer now owns 67,361 shares of the company’s stock, valued at approximately $5,172,651.19. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.96% of the stock is currently owned by company insiders.

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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