CME Group Inc. (NASDAQ:CME) Shares Sold by Regal Investment Advisors LLC

Regal Investment Advisors LLC cut its holdings in CME Group Inc. (NASDAQ:CMEGet Rating) by 15.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,936 shares of the financial services provider’s stock after selling 935 shares during the quarter. Regal Investment Advisors LLC’s holdings in CME Group were worth $1,128,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. St. James Investment Advisors LLC purchased a new position in shares of CME Group during the fourth quarter valued at approximately $42,000. Andrew Hill Investment Advisors Inc. purchased a new position in shares of CME Group during the fourth quarter valued at approximately $45,000. TCI Wealth Advisors Inc. lifted its stake in shares of CME Group by 51.8% during the fourth quarter. TCI Wealth Advisors Inc. now owns 208 shares of the financial services provider’s stock valued at $48,000 after buying an additional 71 shares during the period. Hilton Capital Management LLC purchased a new position in shares of CME Group during the third quarter valued at approximately $50,000. Finally, Sierra Capital LLC purchased a new position in CME Group during the fourth quarter worth approximately $55,000. Institutional investors and hedge funds own 86.71% of the company’s stock.

In related news, insider Sean Tully sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, March 14th. The shares were sold at an average price of $229.80, for a total value of $919,200.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Hilda Harris Piell sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, March 3rd. The stock was sold at an average price of $244.00, for a total transaction of $488,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 16,150 shares of company stock valued at $3,786,944 over the last three months. 0.30% of the stock is currently owned by company insiders.

Shares of CME Group stock traded up $4.09 during trading hours on Friday, reaching $200.10. The company’s stock had a trading volume of 1,888,586 shares, compared to its average volume of 1,438,837. The stock has a market cap of $71.92 billion, a P/E ratio of 26.12, a price-to-earnings-growth ratio of 4.10 and a beta of 0.47. The company’s 50 day simple moving average is $230.65 and its 200 day simple moving average is $229.51. CME Group Inc. has a one year low of $185.79 and a one year high of $256.94. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.02 and a current ratio of 1.02.

CME Group (NASDAQ:CMEGet Rating) last posted its earnings results on Wednesday, April 27th. The financial services provider reported $2.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.00 by $0.11. The firm had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.33 billion. CME Group had a net margin of 57.98% and a return on equity of 9.29%. CME Group’s revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.79 EPS. On average, sell-side analysts predict that CME Group Inc. will post 7.9 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, June 27th. Shareholders of record on Friday, June 10th will be paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date of this dividend is Thursday, June 9th. CME Group’s payout ratio is 52.22%.

A number of research firms have weighed in on CME. UBS Group cut their price target on shares of CME Group from $275.00 to $269.00 in a research note on Tuesday, April 5th. Deutsche Bank Aktiengesellschaft increased their price target on shares of CME Group from $235.00 to $260.00 and gave the stock a “hold” rating in a research note on Thursday, February 10th. Rosenblatt Securities cut their price target on shares of CME Group from $268.00 to $267.00 and set a “neutral” rating on the stock in a research note on Thursday, April 14th. Compass Point increased their price target on shares of CME Group from $235.00 to $250.00 and gave the stock a “neutral” rating in a research note on Thursday, February 10th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of CME Group from $202.00 to $201.00 and set a “neutral” rating for the company in a research report on Thursday, February 10th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $254.75.

About CME Group (Get Rating)

CME Group Inc, together with its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers futures and options products based on interest rates, equity indexes, foreign exchange, agricultural commodities, energy, and metals, as well as fixed income products.

Further Reading

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

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