Windward Capital Management Co. CA grew its position in CME Group Inc (NASDAQ:CME) by 2.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,128 shares of the financial services provider’s stock after purchasing an additional 2,456 shares during the period. CME Group makes up approximately 2.1% of Windward Capital Management Co. CA’s holdings, making the stock its 18th largest holding. Windward Capital Management Co. CA’s holdings in CME Group were worth $14,185,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CME. Janus Henderson Group PLC lifted its position in CME Group by 13,530.7% during the 2nd quarter. Janus Henderson Group PLC now owns 6,150,016 shares of the financial services provider’s stock worth $770,227,000 after acquiring an additional 6,104,897 shares in the last quarter. Capital International Investors lifted its position in CME Group by 11.4% during the 3rd quarter. Capital International Investors now owns 12,489,045 shares of the financial services provider’s stock worth $1,694,514,000 after acquiring an additional 1,279,058 shares in the last quarter. BT Investment Management Ltd acquired a new position in CME Group during the 2nd quarter worth approximately $95,104,000. Atlantic Trust Group LLC lifted its position in CME Group by 1,943.2% during the 3rd quarter. Atlantic Trust Group LLC now owns 606,942 shares of the financial services provider’s stock worth $82,349,000 after acquiring an additional 577,237 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in CME Group by 2.5% during the 2nd quarter. Vanguard Group Inc. now owns 22,795,894 shares of the financial services provider’s stock worth $2,854,958,000 after acquiring an additional 563,460 shares in the last quarter. 82.70% of the stock is currently owned by institutional investors and hedge funds.
In other news, CFO John W. Pietrowicz sold 5,175 shares of the business’s stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $139.70, for a total value of $722,947.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Julie Holzrichter sold 12,920 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $144.08, for a total value of $1,861,513.60. The disclosure for this sale can be found here. Insiders have sold a total of 42,603 shares of company stock worth $6,250,726 over the last 90 days. 0.57% of the stock is owned by company insiders.
Shares of CME Group Inc (NASDAQ CME) opened at $152.90 on Thursday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.11. CME Group Inc has a twelve month low of $113.90 and a twelve month high of $155.29. The stock has a market capitalization of $52,030.00, a P/E ratio of 34.67, a price-to-earnings-growth ratio of 2.55 and a beta of 0.72.
CME Group (NASDAQ:CME) last posted its quarterly earnings data on Thursday, October 26th. The financial services provider reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.03. CME Group had a return on equity of 7.89% and a net margin of 40.94%. The company had revenue of $890.80 million for the quarter, compared to the consensus estimate of $890.22 million. During the same period in the previous year, the business earned $1.05 EPS. CME Group’s revenue for the quarter was up 5.8% compared to the same quarter last year. equities analysts anticipate that CME Group Inc will post 4.76 earnings per share for the current fiscal year.
The firm also recently disclosed a dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Thursday, December 28th will be issued a dividend of $3.50 per share. The ex-dividend date is Wednesday, December 27th. This is an increase from CME Group’s previous dividend of $3.25. CME Group’s payout ratio is currently 59.86%.
Several equities analysts recently commented on the company. BidaskClub raised CME Group from a “hold” rating to a “buy” rating in a research report on Tuesday. Zacks Investment Research raised CME Group from a “hold” rating to a “buy” rating and set a $164.00 price target on the stock in a research report on Tuesday, January 2nd. Citigroup lifted their price objective on CME Group from $138.00 to $155.00 and gave the stock a “buy” rating in a report on Thursday, October 19th. Royal Bank of Canada lifted their price objective on CME Group from $135.00 to $147.00 and gave the stock an “outperform” rating in a report on Monday, October 16th. Finally, Barclays lifted their price objective on CME Group from $139.00 to $149.00 and gave the stock an “overweight” rating in a report on Tuesday, October 10th. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $144.22.
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CME Group Company 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.
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