CBOE Holdings, Inc. (CBOE) Shares Sold by Columbia Wanger Asset Management LLC

Columbia Wanger Asset Management LLC reduced its position in CBOE Holdings, Inc. (NASDAQ:CBOE) by 14.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 637,522 shares of the company’s stock after selling 109,617 shares during the period. Columbia Wanger Asset Management LLC’s holdings in CBOE Holdings were worth $47,107,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Vantage Investment Advisors LLC raised its position in shares of CBOE Holdings by 0.4% in the third quarter. Vantage Investment Advisors LLC now owns 2,979 shares of the company’s stock worth $193,000 after buying an additional 11 shares during the period. Steinberg Global Asset Management purchased a new stake in CBOE Holdings during the second quarter worth about $203,000. Bessemer Group Inc. purchased a new stake in CBOE Holdings during the fourth quarter worth about $205,000. Summit Securities Group LLC purchased a new stake in CBOE Holdings during the third quarter worth about $206,000. Finally, Fox Run Management L.L.C. purchased a new stake in CBOE Holdings during the third quarter worth about $220,000. 74.33% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for CBOE Holdings (NASDAQ:CBOE)

Shares of CBOE Holdings, Inc. (NASDAQ:CBOE) traded up 0.48% during mid-day trading on Tuesday, hitting $79.48. The stock had a trading volume of 472,687 shares. CBOE Holdings, Inc. has a one year low of $61.22 and a one year high of $80.10. The stock has a market cap of $6.46 billion, a P/E ratio of 35.01 and a beta of 0.66. The firm has a 50 day moving average of $76.21 and a 200-day moving average of $70.30.

CBOE Holdings (NASDAQ:CBOE) last announced its quarterly earnings data on Monday, February 6th. The company reported $0.63 EPS for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.03. The business earned $163.20 million during the quarter, compared to analyst estimates of $160.10 million. CBOE Holdings had a net margin of 28.74% and a return on equity of 70.50%. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.59 earnings per share. Equities research analysts expect that CBOE Holdings, Inc. will post $2.49 earnings per share for the current fiscal year.

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CBOE has been the subject of a number of recent research reports. Bank of America Corporation upgraded CBOE Holdings from an “underperform” rating to a “buy” rating and set a $85.00 price target for the company in a research note on Tuesday, January 31st. Zacks Investment Research upgraded CBOE Holdings from a “hold” rating to a “buy” rating and set a $85.00 price target for the company in a research note on Tuesday, January 10th. Goldman Sachs Group, Inc. (The) upgraded CBOE Holdings from a “sell” rating to a “buy” rating in a research note on Wednesday, January 4th. Deutsche Bank AG restated a “hold” rating and set a $70.00 price target (up from $65.00) on shares of CBOE Holdings in a research note on Monday, October 31st. Finally, Credit Suisse Group upgraded CBOE Holdings from a “neutral” rating to an “outperform” rating in a research note on Friday, January 13th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company’s stock. CBOE Holdings presently has a consensus rating of “Hold” and a consensus target price of $68.74.

In related news, CEO Edward T. Tilly sold 6,250 shares of the company’s stock in a transaction dated Monday, December 12th. The shares were sold at an average price of $76.79, for a total value of $479,937.50. Following the sale, the chief executive officer now owns 67,361 shares of the company’s stock, valued at $5,172,651.19. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.96% of the stock is currently owned by corporate insiders.

CBOE Holdings Company Profile

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).

5 Day Chart for NASDAQ:CBOE

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