CME Group Inc. (NASDAQ:CME) Holdings Lifted by American Century Companies Inc.

American Century Companies Inc. boosted its position in shares of CME Group Inc. (NASDAQ:CMEFree Report) by 20.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,094 shares of the financial services provider’s stock after buying an additional 6,786 shares during the quarter. American Century Companies Inc.’s holdings in CME Group were worth $8,028,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. OFI Invest Asset Management acquired a new position in shares of CME Group in the 3rd quarter valued at $25,000. MayTech Global Investments LLC acquired a new position in shares of CME Group in the 4th quarter valued at $25,000. Power Corp of Canada acquired a new position in shares of CME Group in the 1st quarter valued at $26,000. Providence Capital Advisors LLC acquired a new position in shares of CME Group in the 1st quarter valued at $30,000. Finally, Compagnie Lombard Odier SCmA acquired a new position in shares of CME Group in the 3rd quarter valued at $37,000. Institutional investors own 85.69% of the company’s stock.

CME Group Stock Up 0.3 %

CME opened at $215.19 on Tuesday. CME Group Inc. has a fifty-two week low of $175.73 and a fifty-two week high of $223.80. The business has a 50-day moving average of $211.26 and a 200-day moving average of $210.69. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.02 and a quick ratio of 1.02. The company has a market capitalization of $77.47 billion, a PE ratio of 24.26, a price-to-earnings-growth ratio of 3.39 and a beta of 0.49.

CME Group (NASDAQ:CMEGet Free Report) last issued its quarterly earnings data on Wednesday, February 14th. The financial services provider reported $2.37 earnings per share for the quarter, beating analysts’ consensus estimates of $2.27 by $0.10. CME Group had a return on equity of 12.32% and a net margin of 57.83%. The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same period last year, the business earned $1.92 EPS. The firm’s revenue was up 19.2% compared to the same quarter last year. Equities research analysts forecast that CME Group Inc. will post 9.63 EPS for the current fiscal year.

CME Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 26th. Investors of record on Friday, March 8th will be paid a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a dividend yield of 2.14%. This is an increase from CME Group’s previous quarterly dividend of $1.10. The ex-dividend date of this dividend is Thursday, March 7th. CME Group’s dividend payout ratio (DPR) is presently 51.86%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Argus raised their price objective on CME Group from $225.00 to $245.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th. Barclays raised their price objective on CME Group from $222.00 to $225.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 15th. 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 report on Wednesday, January 3rd. Finally, Rosenblatt Securities restated a “sell” rating and set a $180.00 price objective on shares of CME Group in a research report on Thursday, January 4th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $217.30.

View Our Latest Research Report on CME

CME Group Profile

(Free Report)

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.

See Also

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

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