CBOE Holdings, Inc. (CBOE) Chairman Edward T. Tilly Sells 5,000 Shares of Stock

CBOE Holdings, Inc. (NASDAQ:CBOE) Chairman Edward T. Tilly sold 5,000 shares of CBOE stock in a transaction on Monday, December 11th. The stock was sold at an average price of $126.28, for a total transaction of $631,400.00. Following the sale, the chairman now owns 70,611 shares in the company, valued at approximately $8,916,757.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

CBOE Holdings, Inc. (NASDAQ CBOE) traded up $0.31 during trading on Friday, hitting $126.37. The company had a trading volume of 2,283,275 shares, compared to its average volume of 1,111,710. 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 fifty-two week low of $72.54 and a fifty-two week high of $128.32. The company has a market capitalization of $14,327.45, a PE ratio of 39.84, a price-to-earnings-growth ratio of 2.12 and a beta of 0.52.

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

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be given a $0.27 dividend. The ex-dividend date is Thursday, November 30th. This represents a $1.08 dividend on an annualized basis and a yield of 0.85%. CBOE’s payout ratio is 58.70%.

A number of equities research analysts have weighed in on CBOE shares. Jefferies Group reiterated a “hold” rating and set a $92.00 price target on shares of CBOE in a research note on Thursday, August 24th. Barclays began coverage on CBOE in a report on Friday, September 8th. They set an “equal weight” rating and a $105.00 price objective for the company. Royal Bank of Canada set a $100.00 price objective on CBOE and gave the company a “buy” rating in a report on Monday, September 11th. Zacks Investment Research cut CBOE from a “buy” rating to a “hold” rating in a report on Friday, September 15th. Finally, Wells Fargo & Company reissued an “outperform” rating and set a $120.00 price objective (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 equities 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 stock. The stock has a consensus rating of “Hold” and a consensus target price of $107.50.

Hedge funds have recently made changes to their positions in the stock. Sumitomo Mitsui Trust Holdings Inc. increased its position in CBOE 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 purchasing an additional 344,377 shares during the period. State of Wisconsin Investment Board grew its position in shares of CBOE by 8.2% during the 3rd quarter. State of Wisconsin Investment Board now owns 95,227 shares of the financial services provider’s stock worth $10,249,000 after buying an additional 7,178 shares during the period. Schwab Charles Investment Management Inc. grew its position in shares of CBOE by 3.6% during the 2nd 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. Robeco Institutional Asset Management B.V. grew its position in shares of CBOE by 16.7% during the 2nd 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, American Century Companies Inc. grew its position in shares of CBOE by 135.3% during the 2nd 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. Hedge funds and other institutional investors own 84.07% of the company’s stock.

TRADEMARK VIOLATION WARNING: “CBOE Holdings, Inc. (CBOE) Chairman Edward T. Tilly Sells 5,000 Shares of Stock” was originally published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this report on another domain, it was copied illegally and republished in violation of United States and international copyright and trademark laws. The correct version of this report can be read at https://sportsperspectives.com/2017/12/15/cboe-holdings-inc-cboe-chairman-edward-t-tilly-sells-5000-shares-of-stock.html.

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).

Insider Buying and Selling by Quarter for CBOE (NASDAQ:CBOE)

Receive News & Ratings for CBOE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CBOE and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply