November 30, 2016 - By Marguerite Chambers · 0 Comments
Cboe Holdings Inc (NASDAQ:CBOE) institutional sentiment increased to 0.97 in 2016 Q2. Its up 0.20, from 0.77 in 2016Q1. The ratio improved, as 102 institutional investors increased or opened new stock positions, while 132 sold and decreased their positions in Cboe Holdings Inc. The institutional investors in our partner’s database reported: 57.34 million shares, down from 58.75 million shares in 2016Q1. Also, the number of institutional investors holding Cboe Holdings Inc in their top 10 stock positions was flat from 3 to 3 for the same number . Sold All: 35 Reduced: 97 Increased: 84 New Position: 18.
CBOE Holdings, Inc. is a holding company. The company has a market cap of $5.63 billion. The Company’s principal business is operating markets that offer for trading options on various market indexes , on an exclusive basis and futures contracts, as well as on non-exclusive multiply listed options, such as options on the stocks of individual firms (equity options), and options on other exchange-traded products (ETP options), such as exchange-traded funds (ETF options) and exchange-traded notes (ETN options). It has a 29.68 P/E ratio. The Firm operates over three stand-alone exchanges.
About 732,219 shares traded hands. CBOE Holdings, Inc (NASDAQ:CBOE) has risen 5.85% since April 27, 2016 and is uptrending. It has outperformed by 0.62% the S&P500.
Analysts await CBOE Holdings, Inc (NASDAQ:CBOE) to report earnings on February, 1. They expect $0.57 EPS, down 3.39% or $0.02 from last year’s $0.59 per share. CBOE’s profit will be $46.41 million for 30.32 P/E if the $0.57 EPS becomes a reality. After $0.58 actual EPS reported by CBOE Holdings, Inc for the previous quarter, Wall Street now forecasts -1.72% negative EPS growth.
According to Zacks Investment Research, “CBOE Holdings, Inc. operates as the holding company for Chicago Board Options Exchange (CBOE), which is an options exchange which operates as an organized marketplace for the trade of standardized, listed options on equity securities. CBOE offers equity, index and ETF options, including proprietary products, such as S&P 500 options (SPX), and options on the CBOE Volatility Index (VIX). Other products engineered by the Company include equity options, security index options, LEAPS options, FLEX options, and CBOE S&P 500 BuyWrite Index (BXM). Its Hybrid Trading System incorporates electronic and open outcry trading, enabling customers to choose their trading method. CBOE’s Hybrid is powered by CBOEdirect, a proprietary, state-of-the-art electronic platform that also supports the CBOE Futures Exchange (CFE), CBOE Stock Exchange (CBSX) and OneChicago. CBOE Holdings, Inc. is based in Chicago, Illinois.”
Herndon Capital Management Llc holds 3.91% of its portfolio in CBOE Holdings, Inc for 1.54 million shares. Van Berkom & Associates Inc. owns 939,893 shares or 2.86% of their US portfolio. Moreover, Outfitter Advisors Ltd. has 1.96% invested in the company for 68,850 shares. The New York-based Horizon Kinetics Llc has invested 1.89% in the stock. Roosevelt Investment Group Inc, a New York-based fund reported 358,247 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 4 selling transactions for $2.11 million net activity.
Ratings analysis reveals 24% of CBOE Holdings Inc’s analysts are positive. Out of 17 Wall Street analysts rating CBOE Holdings Inc, 4 give it “Buy”, 4 “Sell” rating, while 9 recommend “Hold”. The lowest target is $52 while the high is $82. The stock’s average target of $64.08 is -7.32% below today’s ($69.14) share price. CBOE was included in 43 notes of analysts from August 4, 2015. RBC Capital Markets downgraded it to “Sector Perform” rating and $68 target price in Tuesday, September 27 report. Wood maintained CBOE Holdings, Inc (NASDAQ:CBOE) on Friday, April 8 with “Market Perform” rating. The rating was maintained by Deutsche Bank with “Hold” on Tuesday, January 26. Deutsche Bank maintained CBOE Holdings, Inc (NASDAQ:CBOE) rating on Friday, January 8. Deutsche Bank has “Hold” rating and $63.0 price target. RBC Capital Markets initiated the shares of CBOE in a report on Wednesday, December 9 with “Outperform” rating. As per Tuesday, December 1, the company rating was downgraded by Raymond James. Barclays Capital maintained CBOE Holdings, Inc (NASDAQ:CBOE) on Friday, September 2 with “Underweight” rating. The stock has “Underweight” rating given by Barclays Capital on Tuesday, December 8. As per Sunday, August 9, the company rating was maintained by Standpoint Research. JP Morgan maintained the stock with “Neutral” rating in Monday, November 2 report.
CBOE Holdings, Inc., incorporated on August 15, 2006, 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 firms (equity options), and options on other exchange-traded products (ETP options), such as exchange-traded funds (ETF options) and exchange-traded notes (ETN options). The Firm operates over three stand-alone exchanges. The Company’s subsidiary, Chicago Board Options Exchange, Incorporated (CBOE), is its options market that offers trading in listed options through a single system that integrates electronic trading and open outcry trading.
More notable recent CBOE Holdings, Inc (NASDAQ:CBOE) news were published by: Nasdaq.com which released: “CBOE Holdings, Inc. (CBOE) Ex-Dividend Date Scheduled for November 30, 2016” on November 29, 2016, also Bloomberg.com with their article: “Chicago Board Options Exchange’s Owner Said to Mull Buying Bats” published on September 22, 2016, Prnewswire.com published: “CBOE Holdings Announces Early Termination Of Hart-Scott-Rodino Waiting Period …” on November 18, 2016. More interesting news about CBOE Holdings, Inc (NASDAQ:CBOE) were released by: Prnewswire.com and their article: “CBOE Holdings Reports October 2016 Trading Volume” published on November 02, 2016 as well as Prnewswire.com‘s news article titled: “CBOE Holdings Reports Solid Third-Quarter Results” with publication date: October 28, 2016.
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By Marguerite Chambers