Van Berkom Associates buys $63,598,700 stake in CBOE Holdings Inc (CBOE)

CBOE Holdings Inc (CBOE) : Van Berkom Associates scooped up 45,845 additional shares in CBOE Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 970,528 shares of CBOE Holdings Inc which is valued at $63,598,700.CBOE Holdings Inc makes up approximately 2.86% of Van Berkom Associates’s portfolio.

CBOE Holdings Inc closed down -0.48 points or -0.73% at $65 with 4,43,134 shares getting traded on Wednesday. Post opening the session at $65.35, the shares hit an intraday low of $64.65 and an intraday high of $65.56 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Other Hedge Funds, Including , Advisory Services Network added CBOE to its portfolio by purchasing 180 company shares during the most recent quarter which is valued at $11,795.First Quadrant L Pca reduced its stake in CBOE by selling 47 shares or 0.03% in the most recent quarter. The Hedge Fund company now holds 160,992 shares of CBOE which is valued at $10,549,806. CBOE Holdings Inc makes up approx 0.23% of First Quadrant L Pca’s portfolio. Santa Fe Partners sold out all of its stake in CBOE during the most recent quarter. The investment firm sold 28,735 shares of CBOE which is valued $1,852,545.Independent Portfolio Consultants reduced its stake in CBOE by selling 870 shares or 27.84% in the most recent quarter. The Hedge Fund company now holds 2,255 shares of CBOE which is valued at $145,380. CBOE Holdings Inc makes up approx 0.04% of Independent Portfolio Consultants’s portfolio.Creative Planning reduced its stake in CBOE by selling 2,800 shares or 13.24% in the most recent quarter. The Hedge Fund company now holds 18,351 shares of CBOE which is valued at $1,177,033. CBOE Holdings Inc makes up approx 0.01% of Creative Planning’s portfolio.

On the company’s financial health, CBOE Holdings Inc reported $0.59 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Feb 3, 2016. Analyst had a consensus of $0.55. The company had revenue of $154.00 million for the quarter, compared to analysts expectations of $151.46 million. The company’s revenue was down -7.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.64 EPS.

Many Wall Street Analysts have commented on CBOE Holdings Inc. Buckingham Research Initiated CBOE Holdings Inc on Apr 27, 2016 to “Neutral”, Price Target of the shares are set at $70.CBOE Holdings Inc was Downgraded by Credit Agricole to ” Underperform” on Feb 8, 2016.

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). The Company operates three stand-alone exchanges. CBOE is the Company’s options market and offers trading in listed options through a single system that integrates electronic trading and open outcry trading. The options contracts listed for trading include options on indexes equities and ETPs.

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