CME Group Inc (NASDAQ:CME) CFO John W. Pietrowicz sold 7,500 shares of the business’s stock in a transaction dated Tuesday, January 9th. The stock was sold at an average price of $151.50, for a total transaction of $1,136,250.00. Following the transaction, the chief financial officer now owns 32,376 shares in the company, valued at $4,904,964. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of CME Group Inc (CME) traded up $0.90 on Wednesday, reaching $152.63. 944,700 shares of the company’s stock traded hands, compared to its average volume of 1,165,183. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.11. CME Group Inc has a one year low of $113.90 and a one year high of $155.29. The firm has a market capitalization of $51,950.00, a price-to-earnings ratio of 34.61, a P/E/G ratio of 2.55 and a beta of 0.72.

CME Group (NASDAQ:CME) last issued its earnings results on Thursday, October 26th. The financial services provider reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.03. CME Group had a net margin of 40.94% and a return on equity of 7.89%. The company had revenue of $890.80 million for the quarter, compared to analyst estimates of $890.22 million. During the same period in the prior year, the business posted $1.05 earnings per share. The firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. sell-side analysts predict that CME Group Inc will post 4.76 EPS for the current fiscal year.

The firm also recently declared a dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Thursday, December 28th will be issued a $3.50 dividend. The ex-dividend date is Wednesday, December 27th. This is an increase from CME Group’s previous dividend of $3.25. CME Group’s dividend payout ratio is 59.86%.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Fiduciary Trust Co. purchased a new stake in shares of CME Group in the second quarter valued at about $105,000. Quadrant Capital Group LLC lifted its holdings in shares of CME Group by 13.6% in the second quarter. Quadrant Capital Group LLC now owns 944 shares of the financial services provider’s stock valued at $111,000 after purchasing an additional 113 shares in the last quarter. Valeo Financial Advisors LLC purchased a new stake in shares of CME Group in the third quarter valued at about $124,000. San Francisco Sentry Investment Group CA purchased a new stake in shares of CME Group in the second quarter valued at about $129,000. Finally, People s United Financial Inc. lifted its holdings in shares of CME Group by 11.5% in the second quarter. People s United Financial Inc. now owns 1,063 shares of the financial services provider’s stock valued at $133,000 after purchasing an additional 110 shares in the last quarter. 82.70% of the stock is currently owned by institutional investors.

A number of research analysts have recently issued reports on the stock. BidaskClub upgraded shares of CME Group from a “hold” rating to a “buy” rating in a research note on Tuesday. Zacks Investment Research upgraded shares of CME Group from a “hold” rating to a “buy” rating and set a $164.00 price target on the stock in a research note on Tuesday, January 2nd. Citigroup upped their target price on shares of CME Group from $138.00 to $155.00 and gave the stock a “buy” rating in a research report on Thursday, October 19th. Royal Bank of Canada upped their target price on shares of CME Group from $135.00 to $147.00 and gave the stock an “outperform” rating in a research report on Monday, October 16th. Finally, Barclays upped their target price on shares of CME Group from $139.00 to $149.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 10th. Three investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $144.22.

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About CME Group

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.

Insider Buying and Selling by Quarter for CME Group (NASDAQ:CME)

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