Institutional Investors Lead Shift in Cme Group Inc (NASDAQ:CME) Sentiment

Cme Group Inc (NASDAQ:CME) institutional sentiment decreased to 0.99 in Q2 2019. Its down -0.01, from 1 in 2019Q1. The ratio worsened, as 301 …

CME Group Inc. (NASDAQ:CME) Logo

Sentiment for Cme Group Inc (NASDAQ:CME)

Cme Group Inc (NASDAQ:CME) institutional sentiment decreased to 0.99 in Q2 2019. Its down -0.01, from 1 in 2019Q1. The ratio worsened, as 301 investment professionals started new and increased stock positions, while 305 decreased and sold their equity positions in Cme Group Inc. The investment professionals in our partner’s database now possess: 284.49 million shares, up from 282.94 million shares in 2019Q1. Also, the number of investment professionals holding Cme Group Inc in their top 10 stock positions increased from 18 to 23 for an increase of 5. Sold All: 39 Reduced: 266 Increased: 230 New Position: 71.

CME Group Inc., through its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. The company has market cap of $73.70 billion. The firm offers a range of products across various asset classes, based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, and metals. It has a 40.13 P/E ratio. The Company’s products include exchange-traded; and privately negotiated futures and options contracts and swaps.

The stock increased 0.20% or $0.42 during the last trading session, reaching $205.8. About 974,804 shares traded. CME Group Inc. (NASDAQ:CME) has risen 21.77% since September 14, 2018 and is uptrending. It has outperformed by 21.77% the S&P500.

Analysts await CME Group Inc. (NASDAQ:CME) to report earnings on October, 24. They expect $1.64 EPS, up 13.10 % or $0.19 from last year’s $1.45 per share. CME’s profit will be $587.28M for 31.37 P/E if the $1.64 EPS becomes a reality. After $1.76 actual EPS reported by CME Group Inc. for the previous quarter, Wall Street now forecasts -6.82 % negative EPS growth.

Vgi Partners Ltd holds 18.59% of its portfolio in CME Group Inc. for 1.13 million shares. Iron Financial Llc owns 96,736 shares or 14.86% of their US portfolio. Moreover, Capital Counsel Llc Ny has 11.51% invested in the company for 885,210 shares. The Ohio-based Cincinnati Financial Corp has invested 7.12% in the stock. Thornburg Investment Management Inc, a New Mexico-based fund reported 2.83 million shares.

CME Group Inc. (NASDAQ:CME) Ratings Coverage

Ratings analysis reveals 40% of CME Group’s analysts are positive. Out of 5 Wall Street analysts rating CME Group, 2 give it “Buy”, 1 “Sell” rating, while 2 recommend “Hold”. The lowest target is $150 while the high is $24000. The stock’s average target of $199.40 is -3.11% below today’s ($205.8) share price. CME was included in 14 notes of analysts from March 15, 2019. The rating was maintained by Deutsche Bank on Friday, August 9 with “Buy”. As per Tuesday, March 26, the company rating was maintained by Barclays Capital. The rating was maintained by J.P. Morgan with “Sell” on Friday, March 22. UBS maintained CME Group Inc. (NASDAQ:CME) rating on Wednesday, July 3. UBS has “Neutral” rating and $19400 target. UBS maintained the stock with “Neutral” rating in Thursday, September 5 report. On Thursday, May 2 the stock rating was maintained by UBS with “Neutral”. On Wednesday, July 3 the stock rating was maintained by Wells Fargo with “Market Perform”. The rating was maintained by UBS on Wednesday, June 5 with “Neutral”. The stock of CME Group Inc. (NASDAQ:CME) has “Buy” rating given on Friday, March 15 by Deutsche Bank.

More notable recent CME Group Inc. (NASDAQ:CME) news were published by: Nasdaq.com which released: “Canadian Metals Receives Shareholder Approval for Share Consolidation – Nasdaq” on September 04, 2019, also Nasdaq.com with their article: “4 Stocks to Play After Trade Talks Are Set to Resume – Nasdaq” published on September 05, 2019, Nasdaq.com published: “Why CME Group Stock Rose 12% in August – Nasdaq” on September 10, 2019. More interesting news about CME Group Inc. (NASDAQ:CME) were released by: Nasdaq.com and their article: “CME Group (CME) February ADV Drops at Six Products Lines – Nasdaq” published on March 05, 2019 as well as Nasdaq.com‘s news article titled: “Notable Tuesday Option Activity: NEM, BBY, CME – Nasdaq” with publication date: August 13, 2019.

CME Group Inc. (NASDAQ:CME) Institutional Positions Chart

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