Public Employees Retirement System of Ohio boosted its stake in shares of CME Group Inc (NASDAQ:CME) by 85.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 434,998 shares of the financial services provider’s stock after purchasing an additional 200,825 shares during the quarter. Public Employees Retirement System of Ohio owned approximately 0.13% of CME Group worth $59,021,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in CME. Hudock Capital Group LLC boosted its position in CME Group by 0.5% during the 2nd quarter. Hudock Capital Group LLC now owns 3,890 shares of the financial services provider’s stock worth $487,000 after acquiring an additional 20 shares during the period. Ropes Wealth Advisors LLC boosted its position in CME Group by 0.4% during the 2nd quarter. Ropes Wealth Advisors LLC now owns 10,801 shares of the financial services provider’s stock worth $1,353,000 after acquiring an additional 38 shares during the period. Bronfman E.L. Rothschild L.P. boosted its position in CME Group by 4.7% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 1,876 shares of the financial services provider’s stock worth $235,000 after acquiring an additional 85 shares during the period. Dorsey & Whitney Trust CO LLC boosted its position in CME Group by 3.2% during the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 3,094 shares of the financial services provider’s stock worth $387,000 after acquiring an additional 95 shares during the period. Finally, Salem Investment Counselors Inc. boosted its position in CME Group by 6.5% during the 2nd quarter. Salem Investment Counselors Inc. now owns 1,678 shares of the financial services provider’s stock worth $210,000 after acquiring an additional 103 shares during the period. Institutional investors and hedge funds own 83.17% of the company’s stock.

A number of research analysts have issued reports on the company. BidaskClub upgraded CME Group from a “hold” rating to a “buy” rating in a research report on Wednesday, December 6th. Citigroup boosted their price target on 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 boosted their price target on CME Group from $135.00 to $147.00 and gave the stock an “outperform” rating in a research report on Monday, October 16th. Barclays boosted their price target on CME Group from $139.00 to $149.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 10th. Finally, Wells Fargo & Company upped their price objective on CME Group from $130.00 to $145.00 and gave the company a “market perform” rating in a report on Wednesday, October 4th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the stock. CME Group currently has an average rating of “Buy” and an average price target of $141.75.

Shares of CME Group Inc (NASDAQ:CME) opened at $150.42 on Friday. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $51,413.22, a price-to-earnings ratio of 31.72, a PEG ratio of 3.11 and a beta of 0.73. CME Group Inc has a twelve month low of $113.27 and a twelve month high of $155.29.

CME Group (NASDAQ:CME) last announced its quarterly earnings data on Thursday, October 26th. The financial services provider reported $1.19 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.16 by $0.03. The business had revenue of $890.80 million during the quarter, compared to analyst estimates of $890.22 million. CME Group had a return on equity of 7.89% and a net margin of 40.94%. The company’s revenue was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.05 earnings per share. analysts forecast that CME Group Inc will post 4.78 EPS for the current year.

The company also recently disclosed a None dividend, which will be paid on Monday, January 15th. Stockholders of record on Thursday, December 28th will be issued a $3.50 dividend. The ex-dividend date of this dividend is Wednesday, December 27th. CME Group’s dividend payout ratio (DPR) is 59.86%.

In other news, Director Jeffrey M. Bernacchi sold 1,501 shares of the business’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $149.75, for a total transaction of $224,774.75. Following the sale, the director now directly owns 60,194 shares of the company’s stock, valued at $9,014,051.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Hilda Harris Piell sold 1,350 shares of the business’s stock in a transaction on Thursday, October 5th. The stock was sold at an average price of $138.00, for a total value of $186,300.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 36,628 shares of company stock valued at $5,288,800. Insiders own 0.57% of the company’s stock.

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CME Group Company Profile

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.

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

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