CME Group Inc. (NASDAQ:CME) Director Sells $211,520.00 in Stock

CME Group Inc. (NASDAQ:CME - Get Free Report) Director Elizabeth A. Cook sold 1,000 shares of the business's stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $211.52, for a total transaction of $211,520.00. Following the completion of the sale, the director now directly owns 18,241 shares in the company, valued at $3,858,336.32. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

CME Group Stock Down 0.4 %

Shares of CME stock traded down $0.92 during mid-day trading on Tuesday, reaching $210.35. 1,454,373 shares of the company were exchanged, compared to its average volume of 1,768,106. CME Group Inc. has a fifty-two week low of $175.73 and a fifty-two week high of $223.80. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.01 and a current ratio of 1.01. The company has a market capitalization of $75.74 billion, a P/E ratio of 24.04, a P/E/G ratio of 5.64 and a beta of 0.48. The business's 50 day simple moving average is $212.35 and its 200 day simple moving average is $211.31.

CME Group (NASDAQ:CME - Get Free Report) last released its quarterly earnings data on Wednesday, April 24th. The financial services provider reported $2.50 EPS for the quarter, topping analysts' consensus estimates of $2.44 by $0.06. The firm had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.48 billion. CME Group had a net margin of 56.84% and a return on equity of 12.45%. The firm's revenue was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.42 earnings per share. Research analysts predict that CME Group Inc. will post 9.72 earnings per share for the current year.

CME Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 25th. Shareholders of record on Friday, June 7th will be paid a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date is Friday, June 7th. CME Group's payout ratio is 52.33%.

Analyst Upgrades and Downgrades

CME has been the subject of a number of research reports. Rosenblatt Securities restated a "sell" rating and issued a $187.00 price objective (up previously from $185.00) on shares of CME Group in a report on Thursday, April 25th. Morgan Stanley upped their price target on shares of CME Group from $222.00 to $225.00 and gave the company an "equal weight" rating in a research report on Tuesday, April 9th. Bank of America upped their price target on shares of CME Group from $209.00 to $216.00 and gave the company a "neutral" rating in a research report on Thursday, April 25th. Argus upped their price target on shares of CME Group from $225.00 to $245.00 and gave the company a "buy" rating in a research report on Wednesday, March 6th. Finally, JPMorgan Chase & Co. upped their price objective on shares of CME Group from $198.00 to $206.00 and gave the stock a "neutral" rating in a research report on Thursday, April 25th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $217.80.

Institutional Investors Weigh In On CME Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. B. Riley Wealth Advisors Inc. raised its position in CME Group by 1.3% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 3,625 shares of the financial services provider's stock worth $782,000 after acquiring an additional 48 shares in the last quarter. Capital Advisors Ltd. LLC increased its stake in CME Group by 4.3% in the 1st quarter. Capital Advisors Ltd. LLC now owns 1,160 shares of the financial services provider's stock worth $250,000 after purchasing an additional 48 shares in the last quarter. Lantz Financial LLC increased its stake in CME Group by 1.1% in the 1st quarter. Lantz Financial LLC now owns 4,561 shares of the financial services provider's stock worth $982,000 after purchasing an additional 49 shares in the last quarter. Transcend Capital Advisors LLC increased its stake in CME Group by 1.7% in the 4th quarter. Transcend Capital Advisors LLC now owns 2,995 shares of the financial services provider's stock worth $631,000 after purchasing an additional 50 shares in the last quarter. Finally, Jaffetilchin Investment Partners LLC increased its stake in CME Group by 1.7% in the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 3,022 shares of the financial services provider's stock worth $605,000 after purchasing an additional 51 shares in the last quarter. 87.75% of the stock is currently owned by institutional investors.

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.

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