Securian Asset Management Inc boosted its position in CME Group Inc (NASDAQ:CME) by 0.9% during the 2nd quarter, Holdings Channel reports. The fund owned 36,997 shares of the financial services provider’s stock after acquiring an additional 344 shares during the quarter. Securian Asset Management Inc’s holdings in CME Group were worth $7,181,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of CME. Buckingham Asset Management LLC raised its holdings in CME Group by 1.4% during the second quarter. Buckingham Asset Management LLC now owns 3,607 shares of the financial services provider’s stock worth $700,000 after purchasing an additional 49 shares in the last quarter. Lourd Capital LLC increased its holdings in shares of CME Group by 3.5% in the 2nd quarter. Lourd Capital LLC now owns 1,620 shares of the financial services provider’s stock valued at $314,000 after acquiring an additional 55 shares during the period. Garner Asset Management Corp increased its holdings in shares of CME Group by 1.1% in the 2nd quarter. Garner Asset Management Corp now owns 5,200 shares of the financial services provider’s stock valued at $1,009,000 after acquiring an additional 55 shares during the period. Institute for Wealth Management LLC. increased its holdings in shares of CME Group by 0.7% in the 2nd quarter. Institute for Wealth Management LLC. now owns 8,777 shares of the financial services provider’s stock valued at $1,704,000 after acquiring an additional 57 shares during the period. Finally, First Citizens Bank & Trust Co. increased its holdings in shares of CME Group by 0.3% in the 2nd quarter. First Citizens Bank & Trust Co. now owns 22,092 shares of the financial services provider’s stock valued at $4,289,000 after acquiring an additional 59 shares during the period. 85.72% of the stock is currently owned by hedge funds and other institutional investors.

In related news, insider Hilda Harris Piell sold 1,132 shares of CME Group stock in a transaction on Friday, May 24th. The shares were sold at an average price of $188.05, for a total value of $212,872.60. Following the transaction, the insider now directly owns 33,011 shares in the company, valued at approximately $6,207,718.55. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Kevin Kometer sold 16,140 shares of CME Group stock in a transaction on Friday, June 7th. The shares were sold at an average price of $201.19, for a total transaction of $3,247,206.60. Following the completion of the transaction, the insider now owns 72,122 shares in the company, valued at $14,510,225.18. The disclosure for this sale can be found here. Over the last quarter, insiders sold 77,403 shares of company stock worth $15,503,243. 1.20% of the stock is currently owned by insiders.

NASDAQ:CME traded down $0.96 during midday trading on Wednesday, reaching $212.89. The stock had a trading volume of 30,148 shares, compared to its average volume of 1,397,921. The firm has a fifty day simple moving average of $206.07 and a two-hundred day simple moving average of $186.89. CME Group Inc has a 12-month low of $161.05 and a 12-month high of $217.65. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.15. The stock has a market cap of $76.58 billion, a P/E ratio of 31.17, a P/E/G ratio of 4.76 and a beta of 0.23.

CME Group (NASDAQ:CME) last posted its quarterly earnings data on Wednesday, July 31st. The financial services provider reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.75 by $0.01. CME Group had a net margin of 39.36% and a return on equity of 9.14%. The firm had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same period last year, the firm posted $1.74 EPS. CME Group’s quarterly revenue was up 20.1% on a year-over-year basis. On average, sell-side analysts anticipate that CME Group Inc will post 6.68 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 25th. Investors of record on Tuesday, September 10th will be given a $0.75 dividend. The ex-dividend date is Monday, September 9th. This represents a $3.00 dividend on an annualized basis and a yield of 1.41%. CME Group’s dividend payout ratio (DPR) is 43.99%.

A number of equities analysts have recently commented on CME shares. ValuEngine raised shares of CME Group from a “hold” rating to a “buy” rating in a report on Wednesday, May 8th. Zacks Investment Research cut shares of CME Group from a “hold” rating to a “sell” rating and set a $158.00 target price on the stock. in a report on Monday, May 27th. Wells Fargo & Co lifted their target price on shares of CME Group from $176.00 to $200.00 and gave the company a “market perform” rating in a report on Wednesday, July 3rd. BidaskClub raised shares of CME Group from a “hold” rating to a “buy” rating in a report on Friday, August 9th. Finally, UBS Group lifted their target price on shares of CME Group from $190.00 to $194.00 and gave the company a “neutral” rating in a report on Wednesday, July 3rd. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $194.00.

About CME Group

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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