Koch Industries Inc. Has $276,000 Holdings in CME Group Inc. (CME)

Koch Industries Inc. boosted its stake in shares of CME Group Inc. (NASDAQ:CME) by 16,136.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 278,612 shares of the financial services provider’s stock after buying an additional 276,896 shares during the period. Koch Industries Inc. owned 0.08% of CME Group worth $276,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. TLP Group LLC lifted its holdings in shares of CME Group by 97.0% during the 1st quarter. TLP Group LLC now owns 3,200 shares of the financial services provider’s stock valued at $380,000 after purchasing an additional 1,576 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in shares of CME Group by 1.9% during the 1st quarter. Principal Financial Group Inc. now owns 479,951 shares of the financial services provider’s stock valued at $57,018,000 after purchasing an additional 8,776 shares during the last quarter. Advantus Capital Management Inc lifted its holdings in shares of CME Group by 0.4% during the 1st quarter. Advantus Capital Management Inc now owns 34,180 shares of the financial services provider’s stock valued at $4,061,000 after purchasing an additional 148 shares during the last quarter. Marvin & Palmer Associates Inc. lifted its holdings in shares of CME Group by 97.0% during the 1st quarter. Marvin & Palmer Associates Inc. now owns 28,533 shares of the financial services provider’s stock valued at $3,390,000 after purchasing an additional 14,046 shares during the last quarter. Finally, Teachers Advisors LLC lifted its holdings in shares of CME Group by 12.8% during the 1st quarter. Teachers Advisors LLC now owns 1,150,116 shares of the financial services provider’s stock valued at $136,634,000 after purchasing an additional 130,864 shares during the last quarter. Institutional investors own 82.76% of the company’s stock.

Several analysts have recently commented on the company. BidaskClub upgraded CME Group from a “hold” rating to a “buy” rating in a report on Friday, August 18th. Citigroup Inc. increased their price target on CME Group from $138.00 to $155.00 and gave the stock a “buy” rating in a research report on Thursday, October 19th. Jefferies Group LLC restated a “buy” rating and set a $134.00 target price (up from $128.00) on shares of CME Group in a research report on Monday, July 17th. Zacks Investment Research lowered shares of CME Group from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Finally, Barclays PLC began coverage on shares of CME Group in a research note on Friday, September 8th. They issued an “overweight” rating and a $139.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $138.89.

CME Group Inc. (NASDAQ CME) traded up 0.70% during trading on Friday, reaching $137.55. 1,921,527 shares of the company’s stock were exchanged. The company’s 50 day moving average price is $134.16 and its 200-day moving average price is $124.90. CME Group Inc. has a 52 week low of $98.95 and a 52 week high of $138.49. The stock has a market capitalization of $46.75 billion, a price-to-earnings ratio of 28.08 and a beta of 0.73.

CME Group (NASDAQ:CME) last announced its quarterly earnings data on Thursday, October 26th. The financial services provider reported $1.19 EPS for the quarter, beating the Zacks’ consensus estimate of $1.16 by $0.03. The firm had revenue of $890.80 million for the quarter, compared to the consensus estimate of $890.22 million. CME Group had a net margin of 40.94% and a return on equity of 7.89%. The firm’s revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.05 earnings per share. On average, equities analysts expect that CME Group Inc. will post $4.80 EPS for the current year.

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In other news, insider Hilda Harris Piell sold 1,350 shares of the business’s stock in a transaction on Thursday, October 5th. The shares were sold at an average price of $138.00, for a total value of $186,300.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO John W. Pietrowicz sold 2,500 shares of the business’s stock in a transaction on Wednesday, October 11th. The stock was sold at an average price of $136.83, for a total transaction of $342,075.00. The disclosure for this sale can be found here. Insiders sold 49,594 shares of company stock valued at $6,239,015 over the last quarter. Corporate insiders own 0.57% of the company’s stock.

CME Group Profile

CME Group Inc, through its exchanges, provides products across all asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The Company’s segment primarily consists of the Chicago Mercantile Exchange Inc (CME), Board of Trade of the City of Chicago, Inc (CBOT), New York Mercantile Exchange, Inc (NYMEX) and Commodity Exchange, Inc (COMEX) exchanges.

Institutional Ownership by Quarter for CME Group (NASDAQ:CME)

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