It is trading at $91.94 which is marginally higher than $87.49, the 50 day moving average and just above the 200 day moving average of $81.02. The 50 day moving average was up by +5.08% and the 200 day average went up $10.92 or +13.48%. Trading volume for CBOE Holdings, Inc. was 795K in the last trading session. Trading volume was down 54.21% under the stocks average daily volume.
Short traders are feeling a little more bearish on the company if you pay attention to the rise in short interest. The stock saw a rise in short interest between June 15, 2017 and May 31, 2017 of 23.96%. Short shares increased from 3,429,643 to 4,251,316 over that timeframe. Days to cover increased 1.9 to 3.9 and the percentage of shorted shares is 0.04% as of May 31.
Here is the rundown on market activity for CBOE Holdings, Inc. (NASDAQ:CBOE). Christopher Mitchell, Director disclosed the sale of 225,000 shares of (CBOE). The shares were sold on June 9th for a price of $89.22. Mitchell now owns $39,254,123 of the stock according to the SEC filing. Edward T. Tilly, Chairman sold $434,250 worth of shares at an average price of $86.85 on Mon the 5th. The Chairman now owns $7,001,065 of the stock per an SEC filing yesterday.
Joseph P. Ratterman, Director reported the sale of 175,955 shares of CBOE stock. The shares were purchased at an average price of $84.06. The Director now owns $4,685,336 of the stock per the Form 4 SEC filing.
Here are some other firms who have updated their holdings. Cgov Asset Management divested its investment by shedding 167,325 shares a decrease of 16.6% in the quarter. Cgov Asset Management now controls 837,759 shares valued at $99,412,000. The total value of its holdings decreased 8.4%. As of the end of the quarter Creative Planning had sold 1,007 shares trimming its holdings by 5.3%. The value of the investment in CBOE increased from $1,547,000 to $1,652,000 a change of $105,000 quarter to quarter.
As of quarter end Clinton Group Inc had acquired a total of 6,879 shares growing its stake by 60.4%. The value of the investment in CBOE Holdings, Inc. went from $842,000 to $1,480,000 increasing 75.8% since the last quarter. As of quarter end Gateway Investment Advisers LLC had bought 16 shares growing its position 0.3%. The value of the company’s investment in CBOE Holdings, Inc. increased from $452,000 to $511,000 a change of 13.1% for the reporting period.
Equity analyst Citigroup issued its first research report on the stock with an initial rating of “Neutral”. On December 2 the stock rating was upgraded to “Overweight” from “Neutral” and a price target of $84.00 was set by JP Morgan.
Equity analyst JP Morgan raised the price target and upgraded the stock on December 2 boosting the price target from $60.00 to $84.00 and moving the rating from “Neutral” to “Overweight”. On October 11, 2016 the stock rating was set at “Buy” according to a Evercore ISI Group report which was a boost from the previous “” rating.
October 11 investment analysts at Jefferies made no change to the company rating of “Hold” and raised the price target to $66.00 from $61.00. On October 4 the company was upgraded from “” to “Outperform” by Wells Fargo.
The company is trading down from yesterday’s close of $92.79. Additionally the company recently declared a dividend that was paid on Fri Jun 16, 2017. The dividend was $0.250 per share for the quarter or $1.00 on an annualized basis. This dividend amount was represent a yeild of $1.08. The ex-dividend date was Wednesday the 31st of May 2017.
The P/E ratio is 51.31 and the market value is 10.30B. In the latest earnings report the EPS was $1.79 and is projected to be $3.37 for the current year with 112,042,000 shares currently outstanding. Next quarter’s EPS is forecasted to be $0.83 and the next full year EPS is projected to be $3.92.
CBOE Holdings, Inc., launched on August 15, 2006, is a holding company. The Business’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). The Business’s subsidiaries include Chicago Board Options Exchange, Incorporated (CBOE), CBOE Futures Exchange, LLC (CFE), C2 Options Exchange, Incorporated (C2), Market Data Express, LLC and Chicago Options Exchange Building Corporation..