The stock of CBOE Holdings, Inc (NASDAQ:CBOE) is a huge mover today! About 417,464 shares traded hands. CBOE Holdings, Inc (NASDAQ:CBOE) has risen 3.87% since March 1, 2016 and is uptrending. It has underperformed by 5.37% the S&P500.
The move comes after 7 months positive chart setup for the $5.50B company. It was reported on Oct, 4 by Barchart.com. We have $111.46 PT which if reached, will make NASDAQ:CBOE worth $3.69B more.
Analysts await CBOE Holdings, Inc (NASDAQ:CBOE) to report earnings on November, 4. They expect $0.60 EPS, down 21.05% or $0.16 from last year’s $0.76 per share. CBOE’s profit will be $49.45 million for 27.81 P/E if the $0.60 EPS becomes a reality. After $0.60 actual EPS reported by CBOE Holdings, Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
CBOE Holdings, Inc (NASDAQ:CBOE) Ratings Coverage
Out of 15 analysts covering CBOE Holdings Inc (NASDAQ:CBOE), 2 rate it a “Buy”, 4 “Sell”, while 9 “Hold”. This means 13% are positive. CBOE Holdings Inc has been the topic of 40 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The firm has “Sector Perform” rating by RBC Capital Markets given on Tuesday, September 27. The company was maintained on Tuesday, January 26 by Deutsche Bank. Deutsche Bank maintained the stock with “Hold” rating in Monday, November 2 report. As per Tuesday, August 25, the company rating was upgraded by Zacks. JP Morgan maintained the shares of CBOE in a report on Friday, September 4 with “Neutral” rating. Standpoint Research maintained CBOE Holdings, Inc (NASDAQ:CBOE) rating on Sunday, August 9. Standpoint Research has “Hold” rating and $60 price target. The rating was maintained by Barclays Capital on Friday, September 2 with “Underweight”. The stock has “Neutral” rating given by Credit Suisse on Tuesday, September 27. The stock of CBOE Holdings, Inc (NASDAQ:CBOE) has “Neutral” rating given on Wednesday, January 6 by UBS. As per Monday, February 8, the company rating was downgraded by CLSA.
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.”
Insitutional Activity: The institutional sentiment decreased to 0.77 in 2016 Q2. Its down 0.16, from 0.93 in 2016Q1. The ratio dropped, as 35 funds sold all CBOE Holdings, Inc shares owned while 97 reduced positions. 18 funds bought stakes while 84 increased positions. They now own 57.34 million shares or 2.40% less from 58.75 million shares in 2016Q1.
Analytic Invsts Ltd Liability Co has 1.47 million shares for 1.16% of their US portfolio. The New York-based M&T National Bank & Trust Corporation has invested 0.01% in CBOE Holdings, Inc (NASDAQ:CBOE). Glenview Natl Bank Tru Dept has invested 0.15% of its portfolio in CBOE Holdings, Inc (NASDAQ:CBOE). Drw Secs Ltd Company holds 4,431 shares or 0.02% of its portfolio. Comerica Fincl Bank holds 0.03% or 56,513 shares in its portfolio. Vantage Advsr Ltd Liability Corp accumulated 0.08% or 2,968 shares. Ibm Retirement Fund holds 0.02% of its portfolio in CBOE Holdings, Inc (NASDAQ:CBOE) for 8,181 shares. Hightower Ltd Limited Liability Company has 55,936 shares for 0.05% of their US portfolio. Nadler Financial Grp Inc accumulated 5,409 shares or 0.15% of the stock. Geode Capital Mngmt Limited Liability Corporation has invested 0.02% of its portfolio in CBOE Holdings, Inc (NASDAQ:CBOE). Moreover, Wall Street has 0.17% invested in CBOE Holdings, Inc (NASDAQ:CBOE) for 6,552 shares. The Missouri-based First Allied Advisory Services has invested 0.03% in CBOE Holdings, Inc (NASDAQ:CBOE). The Minnesota-based Advantus Cap Mgmt Inc has invested 0.02% in CBOE Holdings, Inc (NASDAQ:CBOE). Vanguard Gp Inc last reported 5.84M shares in the company. Sawgrass Asset Management Lc holds 496,177 shares or 1.54% of its portfolio.
Insider Transactions: Since April 5, 2016, the stock had 0 buys, and 7 insider sales for $2.90 million net activity. Another trade for 5,000 shares valued at $313,550 was made by BRODSKY WILLIAM J on Wednesday, May 18. Another trade for 2,500 shares valued at $159,825 was made by REYNOLDS DAVID S on Tuesday, April 12. Another trade for 6,250 shares valued at $402,875 was sold by Tilly Edward T. 14,909 shares were sold by O’Connell Gerald T, worth $969,085 on Tuesday, June 14.
More important recent CBOE Holdings, Inc (NASDAQ:CBOE) news were published by: Reuters.com which released: “CBOE Holdings to buy BATS Global in $3.2 bln deal” on September 26, 2016, also Prnewswire.com published article titled: “CBOE Holdings Reports September 2016 Trading Volume”, Finance.Yahoo.com published: “CBOE Holdings’ Unsecured Debt Issuance Rated by Moody’s” on October 03, 2016. More interesting news about CBOE Holdings, Inc (NASDAQ:CBOE) was released by: Blogs.Wsj.com and their article: “CFO Moves: CBOE, Bats, Drew Industries” with publication date: September 27, 2016.
CBOE Company Profile
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.
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