Victory Capital Management Inc. decreased its stake in CBOE Holdings, Inc. (NASDAQ:CBOE) by 65.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 544,648 shares of the financial services provider’s stock after selling 1,014,395 shares during the period. Victory Capital Management Inc. owned approximately 0.48% of CBOE Holdings worth $58,620,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Sumitomo Mitsui Trust Holdings Inc. boosted its position in shares of CBOE Holdings by 6,258.0% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 349,880 shares of the financial services provider’s stock worth $31,979,000 after buying an additional 344,377 shares during the period. Schwab Charles Investment Management Inc. boosted its position in shares of CBOE Holdings by 3.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 460,966 shares of the financial services provider’s stock worth $42,133,000 after buying an additional 15,956 shares during the period. American Century Companies Inc. boosted its position in shares of CBOE Holdings by 135.3% in the second quarter. American Century Companies Inc. now owns 1,258,358 shares of the financial services provider’s stock worth $115,014,000 after buying an additional 723,512 shares during the period. Robeco Institutional Asset Management B.V. boosted its position in shares of CBOE Holdings by 16.7% in the second quarter. Robeco Institutional Asset Management B.V. now owns 35,010 shares of the financial services provider’s stock worth $3,201,000 after buying an additional 5,010 shares during the period. Finally, Virginia Retirement Systems ET AL purchased a new stake in shares of CBOE Holdings in the second quarter worth about $3,830,000. 82.90% of the stock is owned by institutional investors.

In other CBOE Holdings news, Chairman Edward T. Tilly sold 5,000 shares of the stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $105.52, for a total transaction of $527,600.00. Following the transaction, the chairman now owns 75,611 shares of the company’s stock, valued at approximately $7,978,472.72. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider David S. Reynolds sold 4,000 shares of the stock in a transaction that occurred on Thursday, October 12th. The stock was sold at an average price of $109.12, for a total value of $436,480.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 218,240 shares of company stock worth $21,417,728. 1.86% of the stock is currently owned by company insiders.

CBOE Holdings, Inc. (CBOE) opened at $115.02 on Friday. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.50. CBOE Holdings, Inc. has a 1-year low of $62.68 and a 1-year high of $115.91. The company has a market capitalization of $12,971.61, a P/E ratio of 40.22, a price-to-earnings-growth ratio of 1.90 and a beta of 0.49.

CBOE Holdings (NASDAQ:CBOE) last released its earnings results 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. CBOE Holdings had a return on equity of 17.45% and a net margin of 17.81%. The company had revenue of $266.90 million for the quarter, compared to the consensus estimate of $266.22 million. During the same quarter last year, the business posted $0.60 EPS. CBOE Holdings’s quarterly revenue was up 85.2% compared to the same quarter last year. sell-side analysts expect that CBOE Holdings, Inc. will post 3.44 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date of this dividend is Thursday, November 30th. CBOE Holdings’s dividend payout ratio is presently 59.67%.

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Several equities research analysts have recently weighed in on CBOE shares. BidaskClub downgraded CBOE Holdings from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st. Zacks Investment Research raised CBOE Holdings from a “hold” rating to a “buy” rating and set a $104.00 target price for the company in a research report on Friday, July 14th. Royal Bank Of Canada set a $100.00 target price on CBOE Holdings and gave the stock a “buy” rating in a research report on Monday, September 11th. Bank of America Corporation upped their target price on CBOE Holdings from $113.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, October 9th. Finally, Barclays PLC began coverage on CBOE Holdings in a report on Friday, September 8th. They issued an “equal weight” rating and a $105.00 price target for the company. Seven analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $103.64.

About CBOE Holdings

Cboe Global Markets, Inc, formerly 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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Institutional Ownership by Quarter for CBOE Holdings (NASDAQ:CBOE)

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