Farmers & Merchants Trust Co of Chambersburg PA lessened its holdings in shares of CME Group Inc (NASDAQ:CME) by 1.7% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,875 shares of the financial services provider’s stock after selling 150 shares during the quarter. CME Group makes up 1.5% of Farmers & Merchants Trust Co of Chambersburg PA’s portfolio, making the stock its 21st biggest position. Farmers & Merchants Trust Co of Chambersburg PA’s holdings in CME Group were worth $1,723,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in CME. Independent Advisor Alliance boosted its stake in shares of CME Group by 5.9% during the 1st quarter. Independent Advisor Alliance now owns 1,947 shares of the financial services provider’s stock worth $321,000 after acquiring an additional 108 shares in the last quarter. First United Bank Trust increased its holdings in shares of CME Group by 2.5% during the 1st quarter. First United Bank Trust now owns 7,725 shares of the financial services provider’s stock worth $1,271,000 after purchasing an additional 185 shares during the period. Jackson Hole Capital Partners LLC increased its holdings in shares of CME Group by 4.1% during the 1st quarter. Jackson Hole Capital Partners LLC now owns 1,986 shares of the financial services provider’s stock worth $327,000 after purchasing an additional 79 shares during the period. KC Investment Advisors LLC increased its holdings in shares of CME Group by 9.0% during the 1st quarter. KC Investment Advisors LLC now owns 2,898 shares of the financial services provider’s stock worth $477,000 after purchasing an additional 240 shares during the period. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund increased its holdings in shares of CME Group by 609.0% during the 1st quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 122,785 shares of the financial services provider’s stock worth $20,208,000 after purchasing an additional 105,468 shares during the period. Institutional investors own 84.68% of the company’s stock.

In other CME Group news, insider Kevin Kometer sold 16,140 shares of the company’s stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $201.19, for a total value of $3,247,206.60. Following the completion of the sale, the insider now owns 72,122 shares of the company’s stock, valued at $14,510,225.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Charles P. Carey sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 8th. The shares were sold at an average price of $179.02, for a total transaction of $1,790,200.00. Following the completion of the sale, the director now directly owns 37,799 shares of the company’s stock, valued at approximately $6,766,776.98. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 48,873 shares of company stock valued at $9,467,749. Insiders own 1.20% of the company’s stock.

Shares of NASDAQ CME traded down $0.77 during trading on Tuesday, reaching $198.87. The company had a trading volume of 267,291 shares, compared to its average volume of 1,019,607. CME Group Inc has a 52 week low of $158.35 and a 52 week high of $207.84. The stock has a market cap of $71.40 billion, a PE ratio of 29.16, a PEG ratio of 4.43 and a beta of 0.23. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.16. The business’s 50 day moving average is $200.61.

CME Group (NASDAQ:CME) last announced its earnings results on Wednesday, May 1st. The financial services provider reported $1.62 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.60 by $0.02. CME Group had a net margin of 42.47% and a return on equity of 9.29%. The company had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the previous year, the firm posted $1.86 earnings per share. The company’s revenue was up 6.4% on a year-over-year basis. As a group, equities analysts expect that CME Group Inc will post 6.75 EPS for the current year.

CME has been the topic of several research reports. Rosenblatt Securities downgraded shares of CME Group from a “neutral” rating to a “sell” rating in a report on Thursday, April 18th. Citigroup lowered shares of BCE from a “buy” rating to a “neutral” rating in a research report on Thursday, May 2nd. Wells Fargo & Co boosted their price target on shares of WisdomTree International Dividend Ex-Financials Fund from $47.00 to $54.00 and gave the company an “outperform” rating in a research report on Wednesday, July 3rd. Bank of America set a $180.00 price target on shares of CME Group and gave the company a “hold” rating in a research report on Tuesday, April 9th. Finally, UBS Group set a €23.50 ($27.33) price target on shares of Infineon Technologies and gave the company a “buy” rating in a research report on Wednesday, July 3rd. Three analysts have rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $192.14.

CME Group Company Profile

CME Group Inc, through its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers a range of products across various asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, and metals, as well as fixed income products.

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

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