Advisor Group Inc. trimmed its position in CME Group Inc. (NASDAQ:CME) by 6.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,749 shares of the financial services provider’s stock after selling 1,413 shares during the quarter. Advisor Group Inc.’s holdings in CME Group were worth $2,714,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. BlackRock Inc. boosted its holdings in CME Group by 2,172.6% in the 1st quarter. BlackRock Inc. now owns 27,265,611 shares of the financial services provider’s stock valued at $3,239,152,000 after purchasing an additional 26,065,883 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of CME Group by 2.5% in the 2nd quarter. Vanguard Group Inc. now owns 22,795,894 shares of the financial services provider’s stock worth $2,854,958,000 after acquiring an additional 563,460 shares during the last quarter. Edgewood Management LLC lifted its holdings in shares of CME Group by 26.4% in the 1st quarter. Edgewood Management LLC now owns 7,228,349 shares of the financial services provider’s stock worth $858,728,000 after acquiring an additional 1,511,753 shares during the last quarter. Janus Capital Management LLC lifted its holdings in shares of CME Group by 4.7% in the 1st quarter. Janus Capital Management LLC now owns 5,609,151 shares of the financial services provider’s stock worth $666,367,000 after acquiring an additional 253,258 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in shares of CME Group by 25.5% in the 2nd quarter. Wells Fargo & Company MN now owns 4,379,568 shares of the financial services provider’s stock worth $548,496,000 after acquiring an additional 889,217 shares during the last quarter. Institutional investors own 82.64% of the company’s stock.

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In other CME Group news, President Bryan T. Durkin sold 9,200 shares of CME Group stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $125.13, for a total transaction of $1,151,196.00. Following the transaction, the president now directly owns 70,938 shares of the company’s stock, valued at $8,876,471.94. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO John W. Pietrowicz sold 2,500 shares of CME Group stock in a transaction that occurred on Monday, July 10th. The shares were sold at an average price of $124.50, for a total transaction of $311,250.00. Following the transaction, the chief financial officer now directly owns 38,495 shares in the company, valued at $4,792,627.50. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 48,244 shares of company stock worth $6,021,890. 0.57% of the stock is currently owned by corporate insiders.

Several brokerages have recently commented on CME. UBS AG restated a “buy” rating and issued a $134.00 price objective (down from $136.00) on shares of CME Group in a report on Monday, June 5th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $133.00 price objective on shares of CME Group in a report on Thursday. BidaskClub upgraded shares of CME Group from a “sell” rating to a “hold” rating in a report on Thursday, August 3rd. Royal Bank Of Canada set a $135.00 price objective on shares of CME Group and gave the stock a “buy” rating in a report on Tuesday, August 1st. Finally, Jefferies Group LLC restated a “buy” rating and issued a $128.00 price objective on shares of CME Group in a report on Monday, July 10th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $133.22.

Shares of CME Group Inc. (NASDAQ:CME) opened at 134.17 on Monday. The firm has a market capitalization of $45.61 billion, a price-to-earnings ratio of 27.39 and a beta of 0.72. The firm’s 50-day moving average is $126.73 and its 200-day moving average is $122.14. CME Group Inc. has a 12-month low of $98.95 and a 12-month high of $134.36.

CME Group (NASDAQ:CME) last announced its quarterly earnings results on Tuesday, August 1st. The financial services provider reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.03. The firm had revenue of $925.00 million for the quarter, compared to analysts’ expectations of $931.05 million. CME Group had a net margin of 46.05% and a return on equity of 7.61%. CME Group’s revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.14 earnings per share. Equities research analysts forecast that CME Group Inc. will post $4.82 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Shareholders of record on Friday, September 8th will be given a dividend of $0.66 per share. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $2.64 dividend on an annualized basis and a yield of 1.97%. CME Group’s dividend payout ratio (DPR) is 53.99%.

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.

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

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