Dynamic Technology Lab Private Ltd Invests $327,000 in CBOE Holdings, Inc. (CBOE)

Dynamic Technology Lab Private Ltd bought a new position in shares of CBOE Holdings, Inc. (NASDAQ:CBOE) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 3,030 shares of the financial services provider’s stock, valued at approximately $327,000.

Several other hedge funds have also recently bought and sold shares of CBOE. Strs Ohio purchased a new stake in shares of CBOE during the 2nd quarter worth about $120,000. Bronfman E.L. Rothschild L.P. lifted its stake in CBOE by 1.5% in the 2nd 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 purchased a new position in CBOE in the 2nd quarter valued at about $198,000. W. E. Donoghue & Co. LLC purchased a new position in CBOE in the 2nd quarter valued at about $203,000. Finally, Winslow Evans & Crocker Inc. lifted its stake in CBOE by 720.0% in the 3rd 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. 84.08% of the stock is currently owned by institutional investors and hedge funds.

Shares of CBOE Holdings, Inc. (NASDAQ:CBOE) opened at $124.25 on Friday. CBOE Holdings, Inc. has a 1 year low of $69.95 and a 1 year high of $125.04. The firm has a market cap of $14,010.00, a price-to-earnings ratio of 38.94, a P/E/G ratio of 2.07 and a beta of 0.49. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.46.

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

The business also recently declared 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 0.87%. CBOE’s dividend payout ratio (DPR) is presently 58.38%.

A number of research analysts recently weighed in on CBOE shares. Zacks Investment Research lowered shares of CBOE from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Citigroup raised their target price on shares of CBOE from $93.00 to $115.00 and gave the stock a “neutral” rating in a research note on Thursday, October 19th. Deutsche Bank raised their target price on shares of CBOE from $106.00 to $108.00 and gave the stock a “hold” rating in a research note on Wednesday, November 8th. Barclays started coverage on shares of CBOE in a report on Friday, September 8th. They set an “equal weight” rating and a $105.00 price target for the company. Finally, Royal Bank Of Canada set a $100.00 target price on shares of CBOE and gave the company a “buy” rating in a report on Monday, September 11th. Eight equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $107.50.

In other CBOE news, insider David S. Reynolds sold 4,000 shares of CBOE stock in a transaction on Thursday, October 12th. The shares were sold at an average price of $109.12, for a total value of $436,480.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Christopher Mitchell sold 670 shares of CBOE stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $120.89, for a total transaction of $80,996.30. Following the completion of the transaction, the director now owns 8,808 shares in the company, valued at $1,064,799.12. The disclosure for this sale can be found here. Over the last three months, insiders sold 9,670 shares of company stock valued at $1,045,076. 1.86% of the stock is owned by corporate insiders.

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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).

Institutional Ownership by Quarter for CBOE (NASDAQ:CBOE)

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