CME Group Inc (CME) Holdings Boosted by Csenge Advisory Group

Csenge Advisory Group raised its stake in shares of CME Group Inc (NASDAQ:CME) by 19.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,442 shares of the financial services provider’s stock after purchasing an additional 236 shares during the period. Csenge Advisory Group’s holdings in CME Group were worth $237,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Acadian Asset Management LLC lifted its holdings in CME Group by 591.0% during the fourth quarter. Acadian Asset Management LLC now owns 3,676 shares of the financial services provider’s stock valued at $691,000 after purchasing an additional 3,144 shares in the last quarter. Norges Bank purchased a new position in shares of CME Group in the fourth quarter worth about $597,417,000. Thrivent Financial for Lutherans lifted its stake in shares of CME Group by 8.2% in the fourth quarter. Thrivent Financial for Lutherans now owns 15,815 shares of the financial services provider’s stock worth $2,975,000 after buying an additional 1,194 shares in the last quarter. First United Bank Trust lifted its stake in shares of CME Group by 2.5% in the first quarter. First United Bank Trust now owns 7,725 shares of the financial services provider’s stock worth $1,271,000 after buying an additional 185 shares in the last quarter. Finally, Public Employees Retirement System of Ohio lifted its stake in shares of CME Group by 49.7% in the fourth quarter. Public Employees Retirement System of Ohio now owns 335,039 shares of the financial services provider’s stock worth $63,028,000 after buying an additional 111,297 shares in the last quarter. 84.78% of the stock is currently owned by institutional investors and hedge funds.

In other CME Group news, insider Kathleen M. Cronin sold 8,340 shares of CME Group stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $167.54, for a total transaction of $1,397,283.60. Following the transaction, the insider now directly owns 41,604 shares of the company’s stock, valued at $6,970,334.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ronald A. Pankau sold 200 shares of CME Group stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $182.90, for a total transaction of $36,580.00. Following the transaction, the director now directly owns 3,600 shares in the company, valued at $658,440. The disclosure for this sale can be found here. Insiders have sold 38,489 shares of company stock worth $6,739,196 over the last ninety days. 1.20% of the stock is owned by insiders.

Several equities analysts have recently weighed in on CME shares. Bank of America set a $180.00 price target on shares of CME Group and gave the stock a “hold” rating in a research note on Tuesday, April 9th. ValuEngine raised shares of CME Group from a “hold” rating to a “buy” rating in a research note on Wednesday, May 8th. Sanford C. Bernstein reissued an “outperform” rating and issued a $210.00 price target on shares of CME Group in a research note on Friday, February 15th. Zacks Investment Research downgraded shares of CME Group from a “hold” rating to a “sell” rating in a research note on Tuesday, April 9th. Finally, BidaskClub downgraded shares of CME Group from a “sell” rating to a “strong sell” rating in a research note on Friday, March 22nd. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $189.71.

Shares of CME stock opened at $183.85 on Monday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.16. CME Group Inc has a 12 month low of $157.21 and a 12 month high of $197.08. The stock has a market cap of $65.64 billion, a price-to-earnings ratio of 26.96, a PEG ratio of 4.21 and a beta of 0.32.

CME Group (NASDAQ:CME) last issued its earnings results on Wednesday, May 1st. The financial services provider reported $1.62 EPS for the quarter, topping analysts’ consensus estimates of $1.60 by $0.02. CME Group had a net margin of 42.47% and a return on equity of 9.29%. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the previous year, the firm earned $1.86 earnings per share. CME Group’s quarterly revenue was up 6.4% compared to the same quarter last year. On average, research analysts anticipate that CME Group Inc will post 6.62 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 25th. Shareholders of record on Monday, June 10th will be paid a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date is Friday, June 7th. CME Group’s dividend payout ratio (DPR) is presently 43.99%.

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CME Group Profile

CME Group Inc, through its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers a range of products across various asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, and metals, as well as fixed income products.

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Institutional Ownership by Quarter for CME Group (NASDAQ:CME)

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