Russell Investments Group Ltd. Boosts Position in CBOE Holdings, Inc. (CBOE)

Russell Investments Group Ltd. boosted its position in shares of CBOE Holdings, Inc. (NASDAQ:CBOE) by 98.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 96,497 shares of the financial services provider’s stock after acquiring an additional 47,958 shares during the quarter. Russell Investments Group Ltd. owned 0.09% of CBOE worth $10,385,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Strs Ohio purchased a new stake in CBOE during the second quarter valued at $120,000. Bronfman E.L. Rothschild L.P. increased its position in CBOE by 1.5% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 1,346 shares of the financial services provider’s stock valued at $123,000 after acquiring an additional 20 shares during the last quarter. Penserra Capital Management LLC purchased a new stake in CBOE during the second quarter valued at $198,000. W. E. Donoghue & Co. LLC purchased a new stake in CBOE during the second quarter valued at $203,000. Finally, Winslow Evans & Crocker Inc. increased its position in CBOE by 720.0% during the third quarter. Winslow Evans & Crocker Inc. now owns 1,886 shares of the financial services provider’s stock valued at $203,000 after acquiring an additional 1,656 shares during the last quarter. Institutional investors own 84.07% of the company’s stock.

A number of brokerages have commented on CBOE. Deutsche Bank upped their price target on CBOE from $106.00 to $108.00 and gave the stock a “hold” rating in a research report on Wednesday, November 8th. Zacks Investment Research cut CBOE from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th. Citigroup upped their price target on CBOE from $93.00 to $115.00 and gave the stock a “neutral” rating in a research report on Thursday, October 19th. Royal Bank Of Canada cut CBOE from an “outperform” rating to a “sector perform” rating and upped their price target for the stock from $100.00 to $108.00 in a research report on Monday, October 16th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $108.00 price target on shares of CBOE in a research report on Thursday, October 12th. Eight research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $107.50.

In related news, Director Christopher Mitchell sold 670 shares of the stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $120.89, for a total transaction of $80,996.30. Following the completion of the transaction, the director now directly owns 8,808 shares of the company’s stock, valued at $1,064,799.12. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Chairman Edward T. Tilly sold 5,000 shares of the stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $105.52, for a total value of $527,600.00. Following the transaction, the chairman now directly owns 75,611 shares of the company’s stock, valued at $7,978,472.72. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,670 shares of company stock valued at $1,045,076. 1.86% of the stock is owned by corporate insiders.

CBOE Holdings, Inc. (NASDAQ:CBOE) opened at $123.11 on Tuesday. The firm has a market capitalization of $14,097.13, a PE ratio of 39.20, a PEG ratio of 2.09 and a beta of 0.52. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.57 and a quick ratio of 1.57. CBOE Holdings, Inc. has a one year low of $71.80 and a one year high of $127.78.

CBOE (NASDAQ:CBOE) last released its quarterly earnings data on Tuesday, November 7th. The financial services provider reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.01. CBOE had a return on equity of 14.70% and a net margin of 10.55%. The firm had revenue of $269.70 million during the quarter, compared to analyst estimates of $270.14 million. During the same quarter in the prior year, the company posted $0.72 earnings per share. The business’s quarterly revenue was up 98.0% compared to the same quarter last year. research analysts forecast that CBOE Holdings, Inc. will post 3.41 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date of this dividend is Thursday, November 30th. CBOE’s payout ratio is presently 58.70%.

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CBOE Company Profile

Cboe Global Markets, Inc, formerly CBOE Holdings, Inc, is a holding company. The Company provides trading and investment solutions to investors around the world. It offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, United States and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index).

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Institutional Ownership by Quarter for CBOE (NASDAQ:CBOE)

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