986 Shares in CME Group Inc. (NASDAQ:CME) Acquired by Lockerman Financial Group Inc.

Lockerman Financial Group Inc. acquired a new position in CME Group Inc. (NASDAQ:CME) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 986 shares of the financial services provider’s stock, valued at approximately $208,000.

Several other large investors also recently made changes to their positions in the business. OFI Invest Asset Management bought a new stake in CME Group during the 3rd quarter worth about $25,000. MayTech Global Investments LLC acquired a new position in shares of CME Group during the fourth quarter worth approximately $25,000. Power Corp of Canada bought a new stake in shares of CME Group during the first quarter valued at approximately $26,000. Providence Capital Advisors LLC acquired a new stake in shares of CME Group in the first quarter valued at approximately $30,000. Finally, Compagnie Lombard Odier SCmA bought a new position in CME Group in the 3rd quarter worth approximately $37,000. Institutional investors own 87.75% of the company’s stock.

CME Group Stock Down 0.1 %

Shares of NASDAQ CME opened at $215.29 on Friday. CME Group Inc. has a 52-week low of $175.73 and a 52-week high of $223.80. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.02 and a current ratio of 1.02. The stock has a market cap of $77.50 billion, a P/E ratio of 24.27, a P/E/G ratio of 3.40 and a beta of 0.49. The firm has a 50 day moving average price of $212.15 and a 200 day moving average price of $210.85.

CME Group (NASDAQ:CME) last released its quarterly earnings data on Wednesday, February 14th. The financial services provider reported $2.37 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.10. CME Group had a return on equity of 12.32% and a net margin of 57.83%. The business had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.43 billion. During the same quarter in the previous year, the business posted $1.92 EPS. CME Group’s revenue for the quarter was up 19.2% on a year-over-year basis. Analysts expect that CME Group Inc. will post 9.63 EPS for the current year.

CME Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 8th were paid a $1.15 dividend. The ex-dividend date was Thursday, March 7th. This is a positive change from CME Group’s previous quarterly dividend of $1.10. This represents a $4.60 dividend on an annualized basis and a yield of 2.14%. CME Group’s dividend payout ratio is presently 51.86%.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Barclays increased their price objective on CME Group from $222.00 to $225.00 and gave the company an “equal weight” rating in a research report on Thursday, February 15th. Argus raised their price target on CME Group from $225.00 to $245.00 and gave the company a “buy” rating in a report on Wednesday, March 6th. Rosenblatt Securities reissued a “sell” rating and set a $180.00 price objective on shares of CME Group in a report on Thursday, January 4th. Finally, The Goldman Sachs Group lowered shares of CME Group from a “neutral” rating to a “sell” rating and set a $195.00 target price on the stock. in a research note on Wednesday, January 3rd. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $217.30.

CME Group Company Profile

CME Group Inc, together with its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers futures and options products based on interest rates, equity indexes, foreign exchange, agricultural commodities, energy, and metals, as well as fixed income and foreign currency trading services.