Timber Hill LLC purchased a new position in CME Group Inc (NASDAQ:CME) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,042 shares of the financial services provider’s stock, valued at approximately $1,613,000.
Several other institutional investors also recently bought and sold shares of the stock. Capital International Investors lifted its position in CME Group by 11.4% in the 3rd quarter. Capital International Investors now owns 12,489,045 shares of the financial services provider’s stock valued at $1,694,514,000 after acquiring an additional 1,279,058 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in CME Group by 53.2% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,201,333 shares of the financial services provider’s stock valued at $321,505,000 after acquiring an additional 764,129 shares in the last quarter. Atlantic Trust Group LLC lifted its position in CME Group by 1,943.2% in the 3rd quarter. Atlantic Trust Group LLC now owns 606,942 shares of the financial services provider’s stock valued at $82,349,000 after acquiring an additional 577,237 shares in the last quarter. Westfield Capital Management Co. LP lifted its position in CME Group by 526.4% in the 3rd quarter. Westfield Capital Management Co. LP now owns 565,472 shares of the financial services provider’s stock valued at $76,723,000 after acquiring an additional 475,192 shares in the last quarter. Finally, Jackson Square Partners LLC bought a new position in CME Group in the 3rd quarter valued at approximately $48,724,000. Institutional investors own 82.63% of the company’s stock.
In other news, Chairman Terrence A. Duffy sold 20,000 shares of the company’s stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $151.66, for a total value of $3,033,200.00. Following the completion of the sale, the chairman now directly owns 99,239 shares in the company, valued at approximately $15,050,586.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Julie Holzrichter sold 12,920 shares of the company’s stock in a transaction on Tuesday, November 28th. The stock was 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 sold a total of 64,728 shares of company stock valued at $9,755,257 over the last 90 days. 0.57% of the stock is currently owned by company insiders.
CME Group Inc (NASDAQ CME) opened at $161.78 on Thursday. The firm has a market capitalization of $55,394.44, a price-to-earnings ratio of 13.55, a PEG ratio of 2.12 and a beta of 0.64. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.05 and a current ratio of 1.03. CME Group Inc has a twelve month low of $114.82 and a twelve month high of $165.35.
CME Group (NASDAQ:CME) last posted its quarterly earnings data on Thursday, February 1st. The financial services provider reported $1.12 EPS for the quarter, topping the consensus estimate of $1.10 by $0.02. The firm had revenue of $900.00 million during the quarter, compared to analyst estimates of $886.85 million. CME Group had a return on equity of 7.68% and a net margin of 111.49%. CME Group’s revenue was down 1.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.14 EPS. sell-side analysts predict that CME Group Inc will post 6.32 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 26th. Stockholders of record on Friday, March 9th will be paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 1.73%. This is a positive change from CME Group’s previous quarterly dividend of $0.66. The ex-dividend date is Thursday, March 8th. CME Group’s dividend payout ratio is 22.11%.
Several equities analysts recently issued reports on the company. Barclays upped their price objective on CME Group from $170.00 to $175.00 and gave the company an “overweight” rating in a research report on Friday, February 2nd. Sandler O’Neill reissued a “buy” rating and set a $175.00 price target on shares of CME Group in a report on Friday, February 2nd. Citigroup reissued a “buy” rating and set a $172.00 price target (up from $155.00) on shares of CME Group in a report on Monday, January 29th. BidaskClub cut CME Group from a “buy” rating to a “hold” rating in a report on Wednesday, October 25th. Finally, Bank of America increased their price target on CME Group from $173.00 to $175.00 and gave the company a “buy” rating in a report on Friday, February 2nd. Three investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. CME Group presently has a consensus rating of “Buy” and a consensus price target of $157.00.
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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.
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