Clarius Group adds CME Group Inc (CME) to its portfolio

CME Group Inc (CME) : Clarius Group added new position in CME Group Inc during the most recent quarter end. The investment management firm now holds 9,851 shares of CME Group Inc which is valued at $1,022,632 , the company said in a statement filed on Aug 12, 2016 with the SEC.CME Group Inc makes up approximately 0.51% of Clarius Group’s portfolio.

Other Hedge Funds, Including , Investec Asset Management North America boosted its stake in CME in the latest quarter, The investment management firm added 2,100 additional shares and now holds a total of 15,010 shares of CME Group Inc which is valued at $1,558,188. CME Group Inc makes up approx 0.22% of Investec Asset Management North America’s portfolio.Kayne Anderson Rudnick Investment Management reduced its stake in CME by selling 3,813 shares or 2.29% in the most recent quarter. The Hedge Fund company now holds 163,018 shares of CME which is valued at $16,983,215. CME Group Inc makes up approx 0.25% of Kayne Anderson Rudnick Investment Management’s portfolio. Airain Ltd sold out all of its stake in CME during the most recent quarter. The investment firm sold 51,875 shares of CME which is valued $5,423,531.World Asset Management Inc boosted its stake in CME in the latest quarter, The investment management firm added 417 additional shares and now holds a total of 33,489 shares of CME Group Inc which is valued at $3,458,409. CME Group Inc makes up approx 0.13% of World Asset Management Inc’s portfolio. Lowe Fs added CME to its portfolio by purchasing 17 company shares during the most recent quarter which is valued at $1,725.

CME Group Inc opened for trading at $105.8 and hit $108.75 on the upside on Monday, eventually ending the session at $107.35, with a gain of 1.39% or 1.47 points. The heightened volatility saw the trading volume jump to 15,80,666 shares. Company has a market cap of $36,376 M.

On the company’s financial health, CME Group Inc reported $1.14 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $1.11. The company had revenue of $906.40 million for the quarter, compared to analysts expectations of $910.92 million. The company’s revenue was up 10.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.95 EPS.

Investors should note that on Aug 3, 2016, CME Group Inc announced a cash dividend of $0.6000. The company’s management has announced Sep 7, 2016 as the ex-dividend date and fixed the record date on Sep 9, 2016. The payable date has been fixed on Sep 26, 2016.

Many Wall Street Analysts have commented on CME Group Inc. Sterne Agee CRT Initiated CME Group Inc on May 20, 2016 to “Neutral”, Price Target of the shares are set at $90.

CME Group Inc.is the holding company for Chicago Mercantile Exchange Inc. CBOT New York Mercantile Exchange Inc. (NYMEX) Commodity Exchange Inc. (COMEX) and their respective subsidiaries as well as CME Clearing Europe Limited (CMECE) and CME Europe Limited (CME Europe). The Company also clear futures options on futures and swaps contracts through its two clearing organizations: CME Clearing which is a division of CME and CMECE. The Company offers its customers the opportunity to trade futures contracts and options on futures contracts on a range of products including those -based on interest rates equities foreign exchange agricultural commodities energy and metals. It also clear swaps contracts on a range of products including those -based on interest rates credit default foreign exchange agricultural commodities energy and metals. Its exchange consists of designated contract markets for the trading of futures and options on futures contracts.

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