CBOE Holdings, Inc. (CBOE) To Go Ex-Dividend on August 30th
CBOE Holdings, Inc. (NASDAQ:CBOE) announced a quarterly dividend on Monday, July 31st, Wall Street Journal reports. Stockholders of record on Friday, September 1st will be given a dividend of 0.27 per share by the financial services provider on Friday, September 15th. This represents a $1.08 annualized dividend and a dividend yield of 1.08%. The ex-dividend date of this dividend is Wednesday, August 30th. This is an increase from CBOE Holdings’s previous quarterly dividend of $0.25.
Shares of CBOE Holdings (CBOE) opened at 100.15 on Tuesday. The company has a market cap of $11.29 billion, a price-to-earnings ratio of 54.76 and a beta of 0.49. CBOE Holdings has a one year low of $61.58 and a one year high of $100.44. The company’s 50-day moving average is $94.99 and its 200-day moving average is $86.38.
CBOE Holdings (NASDAQ:CBOE) last posted its quarterly earnings data on Friday, August 4th. The financial services provider reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.01. The firm had revenue of $266.90 million during the quarter, compared to analysts’ expectations of $266.22 million. CBOE Holdings had a return on equity of 17.45% and a net margin of 17.81%. The firm’s quarterly revenue was up 85.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.60 EPS. On average, equities analysts predict that CBOE Holdings will post $3.37 EPS for the current year.
In related news, Chairman Edward T. Tilly sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, June 5th. The stock was sold at an average price of $86.85, for a total transaction of $434,250.00. Following the transaction, the chairman now directly owns 80,611 shares of the company’s stock, valued at approximately $7,001,065.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Christopher Mitchell sold 200,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $97.65, for a total value of $19,530,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 438,836 shares of company stock worth $40,827,813 over the last three months. 1.86% of the stock is currently owned by corporate insiders.
Several research firms have commented on CBOE. Jefferies Group LLC restated a “hold” rating and issued a $92.00 price target on shares of CBOE Holdings in a report on Thursday, August 24th. BidaskClub upgraded CBOE Holdings from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 10th. Deutsche Bank AG lifted their price target on CBOE Holdings from $88.00 to $89.00 and gave the company a “hold” rating in a report on Monday, August 7th. Zacks Investment Research upgraded CBOE Holdings from a “hold” rating to a “buy” rating and set a $104.00 price target for the company in a report on Friday, July 14th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $100.00 price target (up previously from $90.00) on shares of CBOE Holdings in a report on Thursday, July 13th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $76.97.
CBOE Holdings Company Profile
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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