CME Group Inc. $CME Stock Holdings Lifted by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. boosted its position in shares of CME Group Inc. (NASDAQ:CME) by 61.3% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 170,525 shares of the financial services provider’s stock after buying an additional 64,815 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in CME Group were worth $44,674,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. NBT Bank N A NY raised its position in CME Group by 2.3% during the 1st quarter. NBT Bank N A NY now owns 1,666 shares of the financial services provider’s stock valued at $492,000 after purchasing an additional 38 shares during the last quarter. Resonant Capital Advisors LLC grew its position in shares of CME Group by 3.8% in the 1st quarter. Resonant Capital Advisors LLC now owns 1,073 shares of the financial services provider’s stock worth $317,000 after buying an additional 39 shares during the last quarter. Grove Bank & Trust grew its position in shares of CME Group by 0.8% in the 3rd quarter. Grove Bank & Trust now owns 5,038 shares of the financial services provider’s stock worth $1,320,000 after buying an additional 39 shares during the last quarter. Root Financial Partners LLC increased its stake in shares of CME Group by 13.2% during the first quarter. Root Financial Partners LLC now owns 394 shares of the financial services provider’s stock valued at $116,000 after buying an additional 46 shares during the period. Finally, AlphaCentric Advisors LLC raised its holdings in shares of CME Group by 6.1% during the first quarter. AlphaCentric Advisors LLC now owns 821 shares of the financial services provider’s stock valued at $242,000 after acquiring an additional 47 shares in the last quarter. Hedge funds and other institutional investors own 87.75% of the company’s stock.

Insider Activity at CME Group

In other CME Group news, Director William R. Shepard bought 293 shares of the firm’s stock in a transaction on Friday, September 25th. The stock was acquired at an average price of $268.76 per share, with a total value of $78,746.68. Following the completion of the purchase, the director owned 263,289 shares of the company’s stock, valued at approximately $70,761,551.64. This trade represents a 0.11% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Terrence A. Duffy sold 15,000 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $274.44, for a total value of $4,116,600.00. Following the completion of the sale, the chief executive officer directly owned 40,630 shares in the company, valued at approximately $11,150,497.20. This represents a 26.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts recently commented on the company. JPMorgan Chase & Co. raised their price target on CME Group from $249.00 to $250.00 and gave the stock an “underweight” rating in a research note on Thursday, July 23rd. Wall Street Zen raised shares of CME Group from a “strong sell” rating to a “sell” rating in a research report on Saturday, October 3rd. TD Cowen raised their target price on shares of CME Group from $292.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday. Raymond James Financial reaffirmed an “outperform” rating and set a $320.00 target price on shares of CME Group in a research note on Thursday, July 2nd. Finally, Wells Fargo & Company started coverage on shares of CME Group in a research report on Friday, October 2nd. They set an “overweight” rating and a $301.00 price target on the stock. Eight analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, CME Group currently has an average rating of “Hold” and an average target price of $291.62.

CME Group Price Performance

Shares of CME stock opened at $276.44 on Friday. The business’s fifty day moving average is $271.81 and its 200 day moving average is $271.19. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.13. The stock has a market cap of $99.40 billion, a price-to-earnings ratio of 23.45, a PEG ratio of 3.54 and a beta of 0.24. CME Group Inc. has a twelve month low of $218.31 and a twelve month high of $329.16.

CME Group (NASDAQ:CME) last announced its quarterly earnings data on Wednesday, July 22nd. The financial services provider reported $2.99 EPS for the quarter, beating the consensus estimate of $2.91 by $0.08. CME Group had a return on equity of 15.60% and a net margin of 63.30%.The business had revenue of $1.71 billion during the quarter, compared to analyst estimates of $1.68 billion. During the same quarter last year, the firm posted $2.96 earnings per share. The company’s revenue for the quarter was up .8% on a year-over-year basis. Research analysts expect that CME Group Inc. will post 12.28 EPS for the current fiscal year.

CME Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Wednesday, September 9th were paid a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Wednesday, September 9th. CME Group’s dividend payout ratio (DPR) is presently 44.11%.

CME Group Company Profile

CME Group Inc operates global derivatives marketplaces that enable customers to manage risk and trade futures and options contracts. Its exchanges offer products linked to interest rates, equity indexes, foreign currencies, agricultural commodities, energy, metals and other asset classes.

The company also provides central counterparty clearing, settlement and related risk-management services for transactions conducted on its markets. In addition, CME Group offers market data, benchmark products and technology services that support trading, analysis and connectivity for financial institutions, businesses, professional traders and other market participants.

CME Group’s history includes the Chicago Board of Trade, founded in 1848, and the Chicago Mercantile Exchange, established in 1898.