Personal CFO Solutions LLC Has $282,000 Stock Holdings in CME Group Inc. (NASDAQ:CME)

Personal CFO Solutions LLC reduced its position in CME Group Inc. (NASDAQ:CME) by 24.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,213 shares of the financial services provider’s stock after selling 395 shares during the period. Personal CFO Solutions LLC’s holdings in CME Group were worth $282,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. SJS Investment Consulting Inc. lifted its stake in CME Group by 570.6% in the 4th quarter. SJS Investment Consulting Inc. now owns 114 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 97 shares during the last quarter. Truvestments Capital LLC acquired a new stake in CME Group in the 3rd quarter valued at about $26,000. Dunhill Financial LLC lifted its stake in CME Group by 188.4% in the 3rd quarter. Dunhill Financial LLC now owns 124 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 81 shares during the last quarter. Financial Life Planners acquired a new stake in CME Group in the 4th quarter valued at about $32,000. Finally, Fortitude Family Office LLC lifted its position in CME Group by 120.3% during the fourth quarter. Fortitude Family Office LLC now owns 152 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 83 shares during the last quarter. 87.75% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CME has been the subject of several research reports. Piper Sandler raised their price objective on shares of CME Group from $250.00 to $258.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 7th. Citigroup downgraded shares of CME Group from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $255.00 to $250.00 in a research report on Monday, January 6th. Raymond James upgraded shares of CME Group from a “market perform” rating to an “outperform” rating and set a $287.00 price objective for the company in a research report on Monday. Royal Bank of Canada raised their price objective on shares of CME Group from $235.00 to $269.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 13th. Finally, Keefe, Bruyette & Woods raised their price objective on shares of CME Group from $256.00 to $257.00 and gave the stock a “market perform” rating in a research report on Friday, February 14th. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat, CME Group has an average rating of “Hold” and a consensus target price of $238.93.

CME Group Stock Performance

NASDAQ CME opened at $262.28 on Tuesday. The firm’s fifty day moving average price is $240.68 and its two-hundred day moving average price is $231.22. The stock has a market cap of $94.51 billion, a PE ratio of 27.12, a PEG ratio of 6.76 and a beta of 0.53. CME Group Inc. has a fifty-two week low of $190.70 and a fifty-two week high of $262.51. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.02 and a current ratio of 1.01.

CME Group (NASDAQ:CME) last posted its earnings results on Wednesday, February 12th. The financial services provider reported $2.52 earnings per share for the quarter, topping analysts’ consensus estimates of $2.46 by $0.06. CME Group had a net margin of 57.52% and a return on equity of 13.62%. On average, equities analysts expect that CME Group Inc. will post 10.49 EPS for the current fiscal year.

CME Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Friday, March 7th will be issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date is Friday, March 7th. This is a positive change from CME Group’s previous quarterly dividend of $1.15. CME Group’s payout ratio is 51.71%.

CME Group declared that its board has initiated a stock repurchase plan on Thursday, December 5th that permits the company to repurchase $3.00 billion in outstanding shares. This repurchase authorization permits the financial services provider to buy up to 3.4% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Insider Transactions at CME Group

In related news, COO Suzanne Sprague sold 1,500 shares of the business’s stock in a transaction 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 owns 8,036 shares in the company, valued at $2,063,885.88. The trade was a 15.73 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Julie Winkler sold 11,592 shares of the business’s stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $249.17, for a total transaction of $2,888,378.64. Following the completion of the transaction, the insider now owns 21,885 shares in the company, valued at approximately $5,453,085.45. The trade was a 34.63 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 17,076 shares of company stock worth $4,271,496. Company insiders own 0.30% of the company’s stock.

CME Group Company Profile

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.