CBOE Holdings, Inc. (NASDAQ:CBOE).
On September 27 the stock rating was upgraded to “Neutral” from “Underperform” and a price target of $67.00 was set in a statement from Credit Suisse. Credit Suisse both upgraded the stock and raised the price target on September 27 boosting the price target from $63.00 to $67.00 and altering the rating from “Underperform” to “Neutral”.
On September 27 Deutsche Bank maintained a company rating of “Neutral” but moved down the price target from $68.00 to $67.00. September 9 investment analysts at Deutsche Bank kept the stock rating at “Hold” and raised the price expectation to $68.00 from $66.00.
On September 2 Barclays left the company rating at “Underweight” and moved down the price target to $52.00 from $53.00.
In the market the company is trading up from yesterday’s close of $66.59. Additionally CBOE Holdings, Inc. recently announced a dividend for shareholders paid on Friday the 16th of September 2016. The dividend was $0.250 per share for the quarter which comes to $1.00 on an annualized basis. This dividend amount represented a yeild of $1.42. The ex-dividend date was Wednesday the 31st of August 2016.
Shares of the company are trading at $66.82 a tad below $68.52, the 50 day moving average and which is marginally higher than the 200 day moving average of $66.06. The 50 day moving average moved down $-1.62 and the 200 day average moved up $0.84.
The P/E ratio is 25.30 and market capitalization is 5.44B. As of the last earnings report the EPS was $2.64 and is estimated to be $2.41 for the current year with 81,285,000 shares now outstanding. Analysts expect next quarter’s EPS will be $0.62 with next year’s EPS projected to be $2.66.
Short traders are more bearish on CBOE Holdings, Inc. of late if you watch the change in short interest. The stock had a rise in short interest from August 31, 2016 to September 15, 2016 of 0.01%. Short interest grew 14,415 over that period. Days to cover decreased -1.6 to 7.3 and the short interest percentage is 0.04% as of September 15.