CME Group Inc. (NASDAQ:CME) insider Hilda Harris Piell sold 1,350 shares of CME Group stock in a transaction that occurred on Thursday, October 5th. The stock was sold at an average price of $138.00, for a total transaction of $186,300.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Hilda Harris Piell also recently made the following trade(s):
- On Wednesday, September 6th, Hilda Harris Piell sold 714 shares of CME Group stock. The stock was sold at an average price of $129.00, for a total transaction of $92,106.00.
Shares of CME Group Inc. (NASDAQ CME) traded down 0.44% on Tuesday, reaching $137.38. 657,402 shares of the company were exchanged. The stock has a 50 day moving average price of $131.00 and a 200-day moving average price of $123.41. The stock has a market capitalization of $46.70 billion, a P/E ratio of 28.04 and a beta of 0.73. CME Group Inc. has a 12 month low of $98.95 and a 12 month high of $138.49.
CME Group (NASDAQ:CME) last announced its quarterly earnings results on Tuesday, August 1st. The financial services provider reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.03. CME Group had a return on equity of 7.61% and a net margin of 46.05%. The business had revenue of $925.00 million during the quarter, compared to the consensus estimate of $931.05 million. During the same quarter last year, the firm posted $1.14 EPS. The company’s quarterly revenue was up 2.1% on a year-over-year basis. On average, equities analysts expect that CME Group Inc. will post $4.82 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Monday, September 25th. Shareholders of record on Friday, September 8th were issued a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a yield of 1.91%. The ex-dividend date of this dividend was Thursday, September 7th. CME Group’s dividend payout ratio is 53.99%.
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Institutional investors have recently made changes to their positions in the business. Fiduciary Trust Co. acquired a new stake in CME Group during the 2nd quarter valued at $105,000. Quadrant Capital Group LLC lifted its holdings in CME Group by 13.6% during the 2nd quarter. Quadrant Capital Group LLC now owns 944 shares of the financial services provider’s stock valued at $111,000 after purchasing an additional 113 shares during the last quarter. San Francisco Sentry Investment Group CA acquired a new stake in CME Group during the 2nd quarter valued at $129,000. Whittier Trust Co. lifted its holdings in CME Group by 2.6% during the 2nd quarter. Whittier Trust Co. now owns 1,057 shares of the financial services provider’s stock valued at $133,000 after purchasing an additional 27 shares during the last quarter. Finally, People s United Financial Inc. lifted its holdings in CME Group by 11.5% during the 2nd quarter. People s United Financial Inc. now owns 1,063 shares of the financial services provider’s stock valued at $133,000 after purchasing an additional 110 shares during the last quarter. 82.64% of the stock is owned by institutional investors and hedge funds.
CME has been the topic of several analyst reports. BidaskClub raised shares of CME Group from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, September 27th. Jefferies Group LLC reissued a “buy” rating and issued a $128.00 target price on shares of CME Group in a research report on Monday, July 10th. UBS AG reissued a “buy” rating and issued a $135.00 target price (up from $134.00) on shares of CME Group in a research report on Wednesday, September 6th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $127.00 target price on shares of CME Group in a research report on Friday, July 14th. Finally, Citigroup Inc. initiated coverage on shares of CME Group in a research report on Wednesday, July 12th. They issued a “buy” rating and a $140.00 target price on the stock. One investment analyst has rated the stock with a sell rating, three have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $134.78.
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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