California State Teachers Retirement System decreased its holdings in CBOE Holdings, Inc. (NASDAQ:CBOE) by 9.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 180,684 shares of the financial services provider’s stock after selling 18,864 shares during the quarter. California State Teachers Retirement System owned approximately 0.16% of CBOE worth $19,447,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Strs Ohio acquired a new stake in CBOE during the second quarter valued at approximately $120,000. Bronfman E.L. Rothschild L.P. raised its stake 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 buying an additional 20 shares in the last quarter. Penserra Capital Management LLC acquired a new stake in CBOE during the second quarter valued at approximately $198,000. W. E. Donoghue & Co. LLC acquired a new stake in CBOE during the second quarter valued at approximately $203,000. Finally, Winslow Evans & Crocker Inc. raised its stake 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 buying an additional 1,656 shares in the last quarter. Institutional investors and hedge funds own 83.65% of the company’s stock.

In related news, Chairman Edward T. Tilly sold 5,000 shares of the stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $126.28, for a total value of $631,400.00. Following the completion of the transaction, the chairman now directly owns 70,611 shares of the company’s stock, valued at approximately $8,916,757.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Frank E. Jr. English sold 300 shares of the stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $123.80, for a total value of $37,140.00. Following the completion of the transaction, the director now directly owns 4,214 shares of the company’s stock, valued at $521,693.20. The disclosure for this sale can be found here. Insiders sold a total of 16,989 shares of company stock valued at $2,059,320 over the last three months. Corporate insiders own 1.86% of the company’s stock.

Several analysts have issued reports on CBOE shares. Jefferies Group restated a “hold” rating and set a $92.00 price objective on shares of CBOE in a research note on Thursday, August 24th. Barclays started coverage on CBOE in a research note on Friday, September 8th. They set an “equal weight” rating and a $105.00 price objective on the stock. Royal Bank of Canada set a $100.00 price objective on CBOE and gave the company a “buy” rating in a research note on Monday, September 11th. Zacks Investment Research lowered CBOE from a “buy” rating to a “hold” rating in a report on Friday, September 15th. Finally, Wells Fargo & Company reaffirmed an “outperform” rating and set a $120.00 target price (up from $106.00) on shares of CBOE in a report on Thursday, October 5th. They noted that the move was a valuation call. Eight research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $107.50.

CBOE Holdings, Inc. (NASDAQ:CBOE) opened at $124.65 on Wednesday. The company has a market capitalization of $14,337.66, a P/E ratio of 39.86, a PEG ratio of 2.12 and a beta of 0.52. CBOE Holdings, Inc. has a fifty-two week low of $72.54 and a fifty-two week high of $128.32. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.46.

CBOE (NASDAQ:CBOE) last issued its quarterly earnings data on Tuesday, November 7th. The financial services provider reported $0.89 earnings per share (EPS) 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 business had revenue of $269.70 million during the quarter, compared to analyst estimates of $270.14 million. During the same period in the prior year, the company posted $0.72 EPS. The business’s revenue for the quarter was up 98.0% compared to the same quarter last year. sell-side analysts predict that CBOE Holdings, Inc. will post 3.41 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, December 1st were issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date was Thursday, November 30th. CBOE’s dividend payout ratio (DPR) is 58.70%.

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About CBOE

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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