CME Group Inc. (NASDAQ:CME) Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp lowered its holdings in CME Group Inc. (NASDAQ:CME) by 17.1% during the first quarter, HoldingsChannel reports. The fund owned 296,697 shares of the financial services provider’s stock after selling 61,226 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in CME Group were worth $60,103,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Jupiter Asset Management Ltd. grew its stake in shares of CME Group by 15.7% in the 1st quarter. Jupiter Asset Management Ltd. now owns 138,100 shares of the financial services provider’s stock valued at $28,204,000 after purchasing an additional 18,742 shares during the last quarter. M&G Investment Management Ltd. lifted its holdings in shares of CME Group by 4.2% in the 1st quarter. M&G Investment Management Ltd. now owns 96,171 shares of the financial services provider’s stock valued at $19,619,000 after buying an additional 3,888 shares during the period. Elo Mutual Pension Insurance Co raised its holdings in CME Group by 1.6% during the first quarter. Elo Mutual Pension Insurance Co now owns 25,899 shares of the financial services provider’s stock worth $5,289,000 after purchasing an additional 402 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in CME Group by 61.3% during the first quarter. Mercer Global Advisors Inc. ADV now owns 3,549 shares of the financial services provider’s stock worth $724,000 after purchasing an additional 1,349 shares during the last quarter. Finally, Motley Fool Wealth Management LLC raised its holdings in CME Group by 2.0% during the first quarter. Motley Fool Wealth Management LLC now owns 8,888 shares of the financial services provider’s stock worth $1,815,000 after purchasing an additional 173 shares during the last quarter. Institutional investors and hedge funds own 85.92% of the company’s stock.

Several equities analysts recently issued reports on the company. Wells Fargo & Company raised CME Group from an “equal weight” rating to an “overweight” rating and set a $230.00 price objective for the company in a report on Thursday, February 25th. Morgan Stanley started coverage on CME Group in a research report on Friday. They set an “equal weight” rating and a $228.00 price target for the company. Keefe, Bruyette & Woods raised CME Group from an “underperform” rating to a “market perform” rating and raised their price target for the stock from $181.00 to $197.00 in a research report on Monday, March 1st. Rosenblatt Securities reaffirmed a “sell” rating on shares of CME Group in a research report on Wednesday, March 10th. Finally, Argus reaffirmed a “hold” rating on shares of CME Group in a research report on Thursday, May 6th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the stock. CME Group presently has an average rating of “Hold” and an average price target of $200.69.

In other CME Group news, COO Julie Holzrichter sold 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 12th. The stock was sold at an average price of $213.29, for a total transaction of $1,279,740.00. Following the sale, the chief operating officer now owns 36,479 shares in the company, valued at $7,780,605.91. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Elizabeth A. Cook sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 9th. The shares were sold at an average price of $216.15, for a total value of $432,300.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 40,500 shares of company stock worth $8,585,610. Insiders own 0.30% of the company’s stock.

NASDAQ:CME opened at $212.87 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.02 and a current ratio of 1.02. CME Group Inc. has a one year low of $146.89 and a one year high of $221.82. The stock has a 50-day simple moving average of $210.16. The firm has a market capitalization of $76.44 billion, a PE ratio of 39.94, a price-to-earnings-growth ratio of 6.64 and a beta of 0.44.

CME Group (NASDAQ:CME) last released its quarterly earnings results on Wednesday, April 28th. The financial services provider reported $1.79 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.75 by $0.04. CME Group had a return on equity of 8.30% and a net margin of 41.46%. The business had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter in the previous year, the firm posted $2.33 earnings per share. The company’s revenue was down 17.7% compared to the same quarter last year. As a group, equities research analysts expect that CME Group Inc. will post 6.76 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 25th. Investors of record on Thursday, June 10th will be paid a $0.90 dividend. This represents a $3.60 annualized dividend and a dividend yield of 1.69%. The ex-dividend date is Wednesday, June 9th. CME Group’s dividend payout ratio (DPR) is 53.57%.

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 products through its electronic trading platforms, open outcry, and privately negotiated transactions.

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

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