In today’s session CBOE Holdings, Inc (CBOE) registered an unusually high (1,065) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious CBOE increase. With 1,065 contracts traded and 21034 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: CBOE170120C00070000 closed last at: $1.3 or 7.1% down. About 95,946 shares traded hands. CBOE Holdings, Inc (NASDAQ:CBOE) has risen 4.79% since April 21, 2016 and is uptrending. It has underperformed by 0.54% the S&P500.
Analysts await CBOE Holdings, Inc (NASDAQ:CBOE) to report earnings on February, 1. They expect $0.57 earnings per share, down 3.39% or $0.02 from last year’s $0.59 per share. CBOE’s profit will be $46.17M for 29.83 P/E if the $0.57 EPS becomes a reality. After $0.58 actual earnings per share reported by CBOE Holdings, Inc for the previous quarter, Wall Street now forecasts -1.72% negative EPS growth.
CBOE Holdings, Inc (NASDAQ:CBOE) Ratings Coverage
Out of 17 analysts covering CBOE Holdings Inc (NASDAQ:CBOE), 4 rate it a “Buy”, 4 “Sell”, while 9 “Hold”. This means 24% are positive. $82 is the highest target while $52 is the lowest. The $64.08 average target is -5.79% below today’s ($68.02) stock price. CBOE Holdings Inc has been the topic of 43 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The stock has “Equal-Weight” rating given by Barclays Capital on Friday, October 2. The firm earned “Hold” rating on Monday, November 2 by Deutsche Bank. Barclays Capital maintained the stock with “Equal Weight” rating in Tuesday, August 11 report. As per Sunday, August 9, the company rating was maintained by Standpoint Research. As per Friday, May 20, the company rating was initiated by Sterne Agee CRT. Credit Suisse upgraded the shares of CBOE in a report on Tuesday, September 27 to “Neutral” rating. The firm has “Buy” rating given on Tuesday, October 11 by Evercore. The stock of CBOE Holdings, Inc (NASDAQ:CBOE) has “Outperform” rating given on Tuesday, October 4 by Wells Fargo. The company was maintained on Tuesday, August 9 by Barclays Capital. The rating was upgraded by Zacks on Monday, September 7 to “Buy”.
According to Zacks Investment Research, “CBOE Holdings, Inc. operates as the holding company for Chicago Board Options Exchange (CBOE), which is an options exchange which operates as an organized marketplace for the trade of standardized, listed options on equity securities. CBOE offers equity, index and ETF options, including proprietary products, such as S&P 500 options (SPX), and options on the CBOE Volatility Index (VIX). Other products engineered by the Company include equity options, security index options, LEAPS options, FLEX options, and CBOE S&P 500 BuyWrite Index (BXM). Its Hybrid Trading System incorporates electronic and open outcry trading, enabling customers to choose their trading method. CBOE’s Hybrid is powered by CBOEdirect, a proprietary, state-of-the-art electronic platform that also supports the CBOE Futures Exchange (CFE), CBOE Stock Exchange (CBSX) and OneChicago. CBOE Holdings, Inc. is based in Chicago, Illinois.”
Insitutional Activity: The institutional sentiment increased to 0.97 in Q2 2016. Its up 0.20, from 0.77 in 2016Q1. The ratio is positive, as 35 funds sold all CBOE Holdings, Inc shares owned while 97 reduced positions. 18 funds bought stakes while 84 increased positions. They now own 57.34 million shares or 2.40% less from 58.75 million shares in 2016Q1.
Amp Capital Investors Ltd last reported 80,430 shares in the company. Arizona State Retirement has invested 0.03% of its portfolio in CBOE Holdings, Inc (NASDAQ:CBOE). Teachers Retirement Sys Of The State Of Kentucky owns 21,900 shares or 0.02% of their US portfolio. Citigroup Inc holds 0% or 3,363 shares in its portfolio. Point72 Asset Mngmt Ltd Partnership owns 39,200 shares or 0.02% of their US portfolio. Millennium Mgmt Ltd Liability Corp has 4,375 shares for 0% of their US portfolio. Banc Funds Ltd Llc owns 10,000 shares or 0.04% of their US portfolio. Janus Capital Mngmt Llc reported 168,732 shares or 0.01% of all its holdings. Mackenzie Fincl Corporation holds 85,498 shares or 0.03% of its portfolio. Lazard Asset Mgmt Ltd Liability Corp last reported 1.92M shares in the company. Blair William And Il accumulated 110,901 shares or 0.07% of the stock. Lord Abbett & Lc has invested 0.03% of its portfolio in CBOE Holdings, Inc (NASDAQ:CBOE). Macquarie Group Incorporated has 322,505 shares for 0.04% of their US portfolio. Glenview Commercial Bank Tru Dept has invested 0.15% of its portfolio in CBOE Holdings, Inc (NASDAQ:CBOE). Signaturefd Lc holds 31 shares or 0% of its portfolio.
Insider Transactions: Since June 6, 2016, the stock had 0 buys, and 4 insider sales for $2.11 million net activity. Tilly Edward T sold 6,250 shares worth $402,875. Shares for $314,100 were sold by BRODSKY WILLIAM J on Monday, June 6. $969,085 worth of CBOE Holdings, Inc (NASDAQ:CBOE) was sold by O’Connell Gerald T on Tuesday, June 14.
CBOE Holdings, Inc. is a holding company. The company has a market cap of $5.51 billion. The Company’s principal business is operating markets that offer for trading options on various market indexes , on an exclusive basis and futures contracts, as well as on non-exclusive multiply listed options, such as options on the stocks of individual firms (equity options), and options on other exchange-traded products (ETP options), such as exchange-traded funds (ETF options) and exchange-traded notes (ETN options). It has a 29.2 P/E ratio. The Firm operates over three stand-alone exchanges.
CBOE Company Profile
CBOE Holdings, Inc., incorporated on August 15, 2006, 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 firms (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 Firm operates over three stand-alone exchanges. The Company’s subsidiary, Chicago Board Options Exchange, Incorporated (CBOE), is its options market that offers trading in listed options through a single system that integrates electronic trading and open outcry trading.
More important recent CBOE Holdings, Inc (NASDAQ:CBOE) news were published by: Prnewswire.com which released: “CBOE Holdings Announces Early Termination Of Hart-Scott-Rodino Waiting Period …” on November 18, 2016, also Bloomberg.com published article titled: “Chicago Board Options Exchange’s Owner Said to Mull Buying Bats”, Prnewswire.com published: “CBOE Holdings Reports October 2016 Trading Volume” on November 02, 2016. More interesting news about CBOE Holdings, Inc (NASDAQ:CBOE) was released by: Prnewswire.com and their article: “CBOE Holdings Reports Solid Third-Quarter Results” with publication date: October 28, 2016.
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