Cim Lowers stake in CBOE Holdings Inc (CBOE)

CBOE Holdings Inc (CBOE) : Cim reduced its stake in CBOE Holdings Inc by 2.05% during the most recent quarter end. The investment management company now holds a total of 7,420 shares of CBOE Holdings Inc which is valued at $490,388 after selling 155 shares in CBOE Holdings Inc , the firm said in a disclosure report filed with the SEC on Oct 17, 2016.CBOE Holdings Inc makes up approximately 0.23% of Cim’s portfolio.

Other Hedge Funds, Including , Eagle Asset Management Inc reduced its stake in CBOE by selling 222 shares or 0.84% in the most recent quarter. The Hedge Fund company now holds 26,237 shares of CBOE which is valued at $1,760,503. CBOE Holdings Inc makes up approx 0.01% of Eagle Asset Management Inc’s portfolio.Legal General Group Plc boosted its stake in CBOE in the latest quarter, The investment management firm added 1,572 additional shares and now holds a total of 13,017 shares of CBOE Holdings Inc which is valued at $873,441.Nisa Investment Advisors reduced its stake in CBOE by selling 400 shares or 3.85% in the most recent quarter. The Hedge Fund company now holds 10,000 shares of CBOE which is valued at $671,000. CBOE Holdings Inc makes up approx 0.01% of Nisa Investment Advisors’s portfolio.Creative Planning boosted its stake in CBOE in the latest quarter, The investment management firm added 43 additional shares and now holds a total of 18,194 shares of CBOE Holdings Inc which is valued at $1,220,817. CBOE Holdings Inc makes up approx 0.01% of Creative Planning’s portfolio.

CBOE Holdings Inc opened for trading at $66.19 and hit $66.54 on the upside on Friday, eventually ending the session at $66.09, with a gain of 0.30% or 0.2 points. The heightened volatility saw the trading volume jump to 5,95,322 shares. Company has a market cap of $5,372 M.

On the company’s financial health, CBOE Holdings Inc reported $0.60 EPS for the quarter, based on the information available during the earnings call on Jul 29, 2016. Analyst had a consensus estimate of $0.60. The company had revenue of $163.30 million for the quarter, compared to analysts expectations of $162.53 million. The company’s revenue was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.54 EPS.

Many Wall Street Analysts have commented on CBOE Holdings Inc. CBOE Holdings Inc was Upgraded by Wells Fargo to ” Outperform” on Oct 4, 2016. Shares were Downgraded by RBC Capital Mkts on Sep 27, 2016 to ” Sector Perform” and Lowered the Price Target to $ 68 from a previous price target of $78 .CBOE Holdings Inc was Upgraded by Credit Suisse to ” Neutral” on Sep 27, 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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