Clearbridge Investments LLC trimmed its holdings in shares of CME Group Inc (NASDAQ:CME) by 0.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 520,840 shares of the financial services provider’s stock after selling 2,560 shares during the quarter. Clearbridge Investments LLC owned approximately 0.15% of CME Group worth $76,069,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. California Public Employees Retirement System raised its stake in shares of CME Group by 7.8% during the 3rd quarter. California Public Employees Retirement System now owns 837,382 shares of the financial services provider’s stock worth $113,616,000 after buying an additional 60,652 shares during the period. Nippon Life Global Investors Americas Inc. raised its stake in CME Group by 6.1% in the 3rd quarter. Nippon Life Global Investors Americas Inc. now owns 87,970 shares of the financial services provider’s stock valued at $11,935,000 after purchasing an additional 5,080 shares during the last quarter. Ontario Teachers Pension Plan Board raised its stake in CME Group by 12.4% in the 4th quarter. Ontario Teachers Pension Plan Board now owns 81,393 shares of the financial services provider’s stock valued at $11,887,000 after purchasing an additional 8,991 shares during the last quarter. First National Trust Co. raised its stake in CME Group by 21.8% in the 3rd quarter. First National Trust Co. now owns 16,699 shares of the financial services provider’s stock valued at $2,266,000 after purchasing an additional 2,990 shares during the last quarter. Finally, Honeywell International Inc. acquired a new position in CME Group in the 4th quarter valued at $35,052,000. 83.13% of the stock is owned by institutional investors and hedge funds.
In other CME Group news, Chairman Terrence A. Duffy sold 20,000 shares of the firm’s stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $151.66, for a total value of $3,033,200.00. Following the completion of the sale, the chairman now directly owns 99,239 shares of the company’s stock, valued at approximately $15,050,586.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jack J. Tobin sold 2,325 shares of the firm’s stock in a transaction on Monday, December 18th. The stock was sold at an average price of $152.28, for a total value of $354,051.00. Following the completion of the sale, the insider now directly owns 17,574 shares of the company’s stock, valued at $2,676,168.72. The disclosure for this sale can be found here. Insiders sold a total of 43,024 shares of company stock valued at $6,620,113 over the last ninety days. Corporate insiders own 0.57% of the company’s stock.
Shares of CME Group Inc (NASDAQ:CME) opened at $169.18 on Tuesday. CME Group Inc has a 52 week low of $114.82 and a 52 week high of $171.71. The stock has a market capitalization of $58,348.80, a price-to-earnings ratio of 14.17, a price-to-earnings-growth ratio of 2.52 and a beta of 0.54. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.10.
CME Group (NASDAQ:CME) last issued its earnings results on Thursday, February 1st. The financial services provider reported $1.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.02. CME Group had a return on equity of 7.68% and a net margin of 111.49%. The business had revenue of $900.00 million during the quarter, compared to the consensus estimate of $886.85 million. During the same period last year, the company earned $1.14 EPS. The company’s revenue for the quarter was down 1.4% on a year-over-year basis. sell-side analysts anticipate that CME Group Inc will post 6.47 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Monday, March 26th. Shareholders of record on Friday, March 9th will be paid a $0.70 dividend. The ex-dividend date of this dividend is Thursday, March 8th. This is an increase from CME Group’s previous quarterly dividend of $0.66. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.66%. CME Group’s dividend payout ratio (DPR) is 23.45%.
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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.
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