Mn Services Vermogensbeheer B.V. Reduces Holdings in CME Group Inc. (NASDAQ:CME)

Mn Services Vermogensbeheer B.V. cut its holdings in CME Group Inc. (NASDAQ:CME - Free Report) by 3.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 170,879 shares of the financial services provider's stock after selling 5,300 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in CME Group were worth $35,987,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Power Corp of Canada purchased a new position in shares of CME Group during the first quarter valued at approximately $26,000. OFI Invest Asset Management purchased a new stake in CME Group during the 3rd quarter valued at $25,000. MayTech Global Investments LLC bought a new position in shares of CME Group during the 4th quarter valued at $25,000. Harbor Investment Advisory LLC boosted its stake in shares of CME Group by 966.7% in the 4th quarter. Harbor Investment Advisory LLC now owns 160 shares of the financial services provider's stock worth $34,000 after buying an additional 145 shares during the last quarter. Finally, Covestor Ltd grew its holdings in shares of CME Group by 65.7% in the first quarter. Covestor Ltd now owns 169 shares of the financial services provider's stock worth $40,000 after acquiring an additional 67 shares during the period. 87.75% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on CME shares. Keefe, Bruyette & Woods reissued a "market perform" rating and issued a $229.00 target price on shares of CME Group in a report on Wednesday, April 3rd. Rosenblatt Securities reiterated a "sell" rating and issued a $180.00 price objective on shares of CME Group in a research note on Thursday, January 4th. Barclays boosted their target price on shares of CME Group from $225.00 to $226.00 and gave the company an "equal weight" rating in a research report on Monday, April 8th. Morgan Stanley increased their price target on shares of CME Group from $222.00 to $225.00 and gave the stock an "equal weight" rating in a research report on Tuesday. Finally, The Goldman Sachs Group lowered CME Group from a "neutral" rating to a "sell" rating and set a $195.00 price objective for the company. in a research note on Wednesday, January 3rd. Two analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, CME Group presently has an average rating of "Hold" and an average target price of $215.70.

CME Group Price Performance

CME stock traded down $3.27 during trading on Friday, reaching $209.50. The company's stock had a trading volume of 1,582,601 shares, compared to its average volume of 1,640,531. 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 company's fifty day moving average is $213.98 and its 200-day moving average is $211.49. The company has a market capitalization of $75.42 billion, a P/E ratio of 23.62, a price-to-earnings-growth ratio of 6.05 and a beta of 0.49. CME Group Inc. has a 1 year low of $175.73 and a 1 year high of $223.80.

CME Group (NASDAQ:CME - Get Free Report) last posted its quarterly earnings results on Wednesday, February 14th. The financial services provider reported $2.37 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.10. The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.43 billion. CME Group had a return on equity of 12.32% and a net margin of 57.83%. The firm's revenue for the quarter was up 19.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.92 EPS. On average, research analysts expect that CME Group Inc. will post 9.55 earnings per share for the current fiscal year.

CME Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 8th were given a $1.15 dividend. This is an increase from CME Group's previous quarterly dividend of $1.10. This represents a $4.60 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date was Thursday, March 7th. CME Group's payout ratio is currently 51.86%.

About CME Group

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.