Strycker View Capital LLC decreased its position in shares of CBOE Holdings, Inc. (NASDAQ:CBOE) by 67.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 90,257 shares of the financial services provider’s stock after selling 183,000 shares during the period. CBOE Holdings makes up 4.1% of Strycker View Capital LLC’s portfolio, making the stock its 14th largest position. Strycker View Capital LLC owned about 0.08% of CBOE Holdings worth $8,249,000 at the end of the most recent reporting period.
Several other large investors also recently made changes to their positions in CBOE. Nikko Asset Management Americas Inc. raised its stake in CBOE Holdings by 65.6% in the first quarter. Nikko Asset Management Americas Inc. now owns 5,300 shares of the financial services provider’s stock worth $430,000 after buying an additional 2,100 shares during the last quarter. Shell Asset Management Co. acquired a new stake in CBOE Holdings during the first quarter worth about $326,000. ProShare Advisors LLC raised its stake in CBOE Holdings by 12.4% in the first quarter. ProShare Advisors LLC now owns 21,004 shares of the financial services provider’s stock worth $1,703,000 after buying an additional 2,321 shares during the last quarter. Hamilton Lane Advisors LLC acquired a new stake in CBOE Holdings during the first quarter worth about $514,000. Finally, State of Alaska Department of Revenue raised its stake in CBOE Holdings by 5.2% in the first quarter. State of Alaska Department of Revenue now owns 9,964 shares of the financial services provider’s stock worth $807,000 after buying an additional 491 shares during the last quarter. Institutional investors own 79.66% of the company’s stock.
CBOE Holdings, Inc. (NASDAQ:CBOE) traded down 0.92% during trading on Friday, reaching $96.30. 1,240,866 shares of the company’s stock traded hands. The firm has a market cap of $10.86 billion, a PE ratio of 52.65 and a beta of 0.49. CBOE Holdings, Inc. has a 12 month low of $61.58 and a 12 month high of $98.55. The firm has a 50 day moving average price of $94.15 and a 200-day moving average price of $85.66.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be given a dividend of $0.27 per share. This is a positive change from CBOE Holdings’s previous quarterly dividend of $0.25. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date is Wednesday, August 30th. CBOE Holdings’s dividend payout ratio (DPR) is presently 55.25%.
A number of research firms have recently issued reports on CBOE. BidaskClub upgraded CBOE Holdings from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 10th. Deutsche Bank AG increased their target price 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 lowered CBOE Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. Citigroup Inc. assumed coverage on CBOE Holdings in a report on Wednesday, July 12th. They issued a “neutral” rating and a $93.00 target price for the company. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $92.00 price objective (up from $85.00) on shares of CBOE Holdings in a report on Monday, July 17th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, nine have assigned 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 an average price target of $76.97.
In related news, Director Christopher Mitchell sold 200,000 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $97.65, for a total transaction of $19,530,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Christopher A. Isaacson sold 7,316 shares of the firm’s stock in a transaction dated Monday, June 12th. The shares were sold at an average price of $89.21, for a total transaction of $652,660.36. The disclosure for this sale can be found here. Insiders have sold 438,836 shares of company stock worth $40,827,813 over the last three months. 0.96% of the stock is owned by insiders.
About CBOE Holdings
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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