3,632 Shares in CME Group Inc. (NASDAQ:CME) Purchased by Peak Retirement Planning Inc.

Peak Retirement Planning Inc. acquired a new stake in CME Group Inc. (NASDAQ:CME) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 3,632 shares of the financial services provider’s stock, valued at approximately $843,000.

A number of other large investors also recently bought and sold shares of the stock. Parr Mcknight Wealth Management Group LLC purchased a new stake in shares of CME Group in the 4th quarter valued at approximately $3,368,000. GTS Securities LLC increased its holdings in CME Group by 186.2% in the 4th quarter. GTS Securities LLC now owns 3,039 shares of the financial services provider’s stock valued at $706,000 after purchasing an additional 6,566 shares during the last quarter. Breed s Hill Capital LLC acquired a new stake in CME Group in the 4th quarter valued at approximately $247,000. Vise Technologies Inc. raised its position in CME Group by 73.3% in the fourth quarter. Vise Technologies Inc. now owns 5,159 shares of the financial services provider’s stock valued at $1,198,000 after purchasing an additional 2,182 shares during the period. Finally, Orion Capital Management LLC acquired a new position in CME Group during the fourth quarter worth $248,000. Institutional investors and hedge funds own 87.75% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on CME shares. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $269.00 price objective on shares of CME Group in a research note on Thursday, April 3rd. Bank of America raised their target price on CME Group from $200.00 to $219.00 and gave the company an “underperform” rating in a report on Wednesday, April 2nd. Oppenheimer lifted their target price on CME Group from $269.00 to $279.00 and gave the company an “outperform” rating in a research report on Friday, April 11th. Piper Sandler boosted their price target on shares of CME Group from $275.00 to $283.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 8th. Finally, Erste Group Bank raised shares of CME Group to a “strong-buy” rating in a research note on Monday, March 17th. Three analysts have rated the stock with a sell rating, seven have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $256.80.

Insider Buying and Selling at CME Group

In other CME Group news, COO Suzanne Sprague sold 1,500 shares of the stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $256.83, for a total value of $385,245.00. Following the transaction, the chief operating officer now directly owns 8,036 shares in the company, valued at $2,063,885.88. This represents a 15.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Hilda Harris Piell sold 3,984 shares of the business’s stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $250.47, for a total transaction of $997,872.48. Following the sale, the insider now owns 27,046 shares of the company’s stock, valued at $6,774,211.62. This represents a 12.84% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 28,384 shares of company stock worth $7,531,053 over the last ninety days. Corporate insiders own 0.30% of the company’s stock.

CME Group Stock Up 0.7%

Shares of NASDAQ:CME opened at $284.07 on Friday. CME Group Inc. has a fifty-two week low of $190.70 and a fifty-two week high of $286.48. The firm’s 50 day moving average price is $267.83 and its 200 day moving average price is $248.97. The company has a quick ratio of 1.02, a current ratio of 1.01 and a debt-to-equity ratio of 0.10. The stock has a market cap of $102.37 billion, a price-to-earnings ratio of 29.38, a price-to-earnings-growth ratio of 6.76 and a beta of 0.45.

CME Group (NASDAQ:CME) last announced its quarterly earnings data on Wednesday, April 23rd. The financial services provider reported $2.80 EPS for the quarter, beating analysts’ consensus estimates of $2.61 by $0.19. The company had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.56 billion. CME Group had a net margin of 57.52% and a return on equity of 13.62%. The company’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.50 EPS. As a group, equities research analysts predict that CME Group Inc. will post 10.49 earnings per share for the current fiscal year.

CME Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Monday, June 9th will be paid a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date is Monday, June 9th. CME Group’s dividend payout ratio is presently 50.30%.

About CME Group

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 and foreign currency trading services.