CME Group Inc (CME) : Mark Asset Management Corp reduced its stake in CME Group Inc by 7.05% during the most recent quarter end. The investment management company now holds a total of 147,456 shares of CME Group Inc which is valued at $15,307,407 after selling 11,185 shares in CME Group Inc , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.CME Group Inc makes up approximately 4.24% of Mark Asset Management Corp’s portfolio.
Other Hedge Funds, Including , Cortland Advisers reduced its stake in CME by selling 247,315 shares or 22.22% in the most recent quarter. The Hedge Fund company now holds 865,600 shares of CME which is valued at $89,857,936. CME Group Inc makes up approx 3.06% of Cortland Advisers’s portfolio.Mizuho Trust Banking Ltd. boosted its stake in CME in the latest quarter, The investment management firm added 32,581 additional shares and now holds a total of 523,814 shares of CME Group Inc which is valued at $54,094,272. CME Group Inc makes up approx 0.16% of Mizuho Trust Banking Ltd.’s portfolio.Shelton Capital Management boosted its stake in CME in the latest quarter, The investment management firm added 114 additional shares and now holds a total of 22,969 shares of CME Group Inc which is valued at $2,372,009. CME Group Inc makes up approx 0.21% of Shelton Capital Management’s portfolio.
CME Group Inc opened for trading at $108.53 and hit $109.65 on the upside on Thursday, eventually ending the session at $108.7, with a gain of 0.32% or 0.35 points. The heightened volatility saw the trading volume jump to 15,93,809 shares. Company has a market cap of $36,834 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.
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.