Neuberger Berman Group LLC raised its position in CME Group Inc. (NASDAQ:CME) by 0.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,838,544 shares of the financial services provider’s stock after buying an additional 14,605 shares during the period. Neuberger Berman Group LLC owned about 0.84% of CME Group worth $355,500,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. BlackRock Inc. increased its stake in CME Group by 2,172.6% in the first quarter. BlackRock Inc. now owns 27,265,611 shares of the financial services provider’s stock worth $3,239,152,000 after buying an additional 26,065,883 shares during the period. Vanguard Group Inc. increased its stake in CME Group by 3.8% in the first quarter. Vanguard Group Inc. now owns 22,232,434 shares of the financial services provider’s stock worth $2,641,214,000 after buying an additional 806,282 shares during the period. Edgewood Management LLC increased its stake in CME Group by 26.4% in the first quarter. Edgewood Management LLC now owns 7,228,349 shares of the financial services provider’s stock worth $858,728,000 after buying an additional 1,511,753 shares during the period. Janus Capital Management LLC increased its stake in CME Group by 4.7% in the first quarter. Janus Capital Management LLC now owns 5,609,151 shares of the financial services provider’s stock worth $666,367,000 after buying an additional 253,258 shares during the period. Finally, Wells Fargo & Company MN increased its stake in CME Group by 25.5% in the first quarter. Wells Fargo & Company MN now owns 3,490,351 shares of the financial services provider’s stock worth $414,653,000 after buying an additional 709,012 shares during the period. 83.25% of the stock is owned by institutional investors and hedge funds.

Shares of CME Group Inc. (NASDAQ:CME) traded up 0.94% during midday trading on Friday, reaching $127.10. 1,578,881 shares of the company’s stock traded hands. The stock has a market cap of $43.20 billion, a P/E ratio of 25.94 and a beta of 0.73. The stock has a 50-day moving average price of $123.67 and a 200-day moving average price of $121.36. CME Group Inc. has a 52-week low of $98.95 and a 52-week high of $127.96.

CME Group (NASDAQ:CME) last issued its quarterly earnings results on Tuesday, August 1st. The financial services provider reported $1.23 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.03. CME Group had a return on equity of 7.61% and a net margin of 46.05%. The firm had revenue of $925 million during the quarter, compared to the consensus estimate of $931.05 million. During the same period last year, the company earned $1.14 earnings per share. The company’s revenue was up 2.1% on a year-over-year basis. Analysts forecast that CME Group Inc. will post $4.80 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Stockholders of record on Friday, September 8th will be issued a dividend of $0.66 per share. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $2.64 annualized dividend and a dividend yield of 2.08%. CME Group’s payout ratio is presently 53.99%.

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A number of equities research analysts recently weighed in on CME shares. Jefferies Group LLC reissued a “buy” rating and set a $128.00 price target on shares of CME Group in a research note on Monday, July 10th. Deutsche Bank AG reaffirmed a “buy” rating and issued a $133.00 target price (down previously from $134.00) on shares of CME Group in a research note on Monday, May 15th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $127.00 target price on shares of CME Group in a research note on Friday, July 14th. Citigroup Inc. initiated coverage on shares of CME Group in a research note on Wednesday, July 12th. They issued a “buy” rating and a $140.00 target price for the company. Finally, BidaskClub raised shares of CME Group from a “sell” rating to a “hold” rating in a research note on Friday, June 23rd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $131.63.

In other news, Director Martin J. Gepsman sold 200 shares of the firm’s stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $126.14, for a total transaction of $25,228.00. Following the completion of the transaction, the director now directly owns 43,311 shares in the company, valued at $5,463,249.54. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Derek Sammann sold 2,100 shares of the firm’s stock in a transaction on Monday, June 5th. The shares were sold at an average price of $117.86, for a total value of $247,506.00. Following the transaction, the insider now owns 31,026 shares of the company’s stock, valued at $3,656,724.36. The disclosure for this sale can be found here. Insiders have sold 80,820 shares of company stock valued at $10,033,166 over the last 90 days. Corporate insiders own 0.61% of the company’s stock.

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

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