Analysts See $1.24 EPS for CME Group Inc (CME)

July 18, 2017 - By Nellie Frank

 Analysts See $1.24 EPS for CME Group Inc (CME)
Investors sentiment decreased to 1.1 in Q4 2016. Its down 0.27, from 1.37 in 2016Q3. It turned negative, as 39 investors sold CME Group Inc shares while 231 reduced holdings. 81 funds opened positions while 215 raised stakes. 273.92 million shares or 3.61% more from 264.37 million shares in 2016Q3 were reported.
Cohen Cap Mgmt Incorporated owns 1.06% invested in CME Group Inc (NASDAQ:CME) for 33,640 shares. Sigma Planning accumulated 3,418 shares. Hanson Doremus Inv Management reported 4,435 shares stake. Suntrust Banks has invested 0.08% in CME Group Inc (NASDAQ:CME). Security Natl Trust Communication, West Virginia-based fund reported 69 shares. Twin Tree L P holds 17,100 shares or 0.02% of its portfolio. Kbc Grp Nv reported 124,872 shares stake. 7,777 were accumulated by Cambridge Investment Advsrs. Moreover, Tdam Usa has 2% invested in CME Group Inc (NASDAQ:CME) for 330,165 shares. Panagora Asset Mgmt owns 13,628 shares or 0.01% of their US portfolio. Schwab Charles Inv Inc holds 0.18% of its portfolio in CME Group Inc (NASDAQ:CME) for 1.41M shares. State Board Of Administration Of Florida Retirement stated it has 504,731 shares. Price T Rowe Associate Md accumulated 0.11% or 4.99M shares. New York-based Mufg Americas Corporation has invested 0.03% in CME Group Inc (NASDAQ:CME). 310,027 are held by Conatus Capital Ltd Partnership.

Since February 3, 2017, it had 0 buys, and 14 insider sales for $5.93 million activity. 5,888 shares valued at $721,465 were sold by Winkler Julie on Friday, February 24. $61,055 worth of CME Group Inc (NASDAQ:CME) was sold by Pankau Ronald A.. Shares for $378,123 were sold by Piell Hilda Harris on Tuesday, March 14. $505,081 worth of CME Group Inc (NASDAQ:CME) was sold by Kometer Kevin. Shares for $248,298 were sold by Sammann Derek. The insider Cutinho Sunil sold 10,265 shares worth $1.21M. 800 shares were sold by Bitsberger Timothy S., worth $100,744 on Tuesday, June 13.

Wall Street await CME Group Inc (NASDAQ:CME) to release earnings on July, 27. Analysts forecast EPS of $1.24, up exactly $0.10 or 8.77 % from 2014’s $1.14 EPS. The expected CME’s profit could reach $411.76M giving the stock 24.32 P/E in the case that $1.24 earnings per share is reported. After posting $1.22 EPS for the previous quarter, CME Group Inc’s analysts now forecast 1.64 % EPS growth. The stock increased 0.06% or $0.07 during the last trading session, reaching $120.64. About 2.12 million shares traded or 58.21% up from the average. CME Group Inc (NASDAQ:CME) has risen 25.35% since July 18, 2016 and is uptrending. It has outperformed by 8.65% the S&P500.

CME Group Inc (NASDAQ:CME) Ratings Coverage

Among 14 analysts covering CME Group (NASDAQ:CME), 7 have Buy rating, 1 Sell and 6 Hold. Therefore 50% are positive. CME Group had 34 analyst reports since August 3, 2015 according to SRatingsIntel. Barclays Capital maintained the shares of CME in report on Tuesday, August 11 with “Equal Weight” rating. The stock of CME Group Inc (NASDAQ:CME) earned “Buy” rating by RBC Capital Markets on Monday, June 12. The rating was maintained by JP Morgan on Friday, March 11 with “Neutral”. The stock of CME Group Inc (NASDAQ:CME) has “Hold” rating given on Wednesday, July 5 by Keefe Bruyette & Woods. The firm has “Hold” rating given on Thursday, June 1 by Keefe Bruyette & Woods. The firm has “Underperform” rating by RBC Capital Markets given on Monday, February 8. CLSA maintained the shares of CME in report on Thursday, July 14 with “Underperform” rating. The stock of CME Group Inc (NASDAQ:CME) has “Neutral” rating given on Friday, May 20 by Sterne Agee CRT. On Tuesday, January 26 the stock rating was maintained by Deutsche Bank with “Buy”. On Wednesday, October 7 the stock rating was upgraded by Bank of America to “Buy”.

CME Group Inc., through its exchanges, provides products across all asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company has market cap of $40.06 billion. The Company’s segment primarily consists of the Chicago Mercantile Exchange Inc. , Board of Trade of the City of Chicago, Inc. (CBOT), New York Mercantile Exchange, Inc. (NYMEX) and Commodity Exchange, Inc. (COMEX) exchanges. It has a 26.14 P/E ratio. The Firm provides electronic trading around the globe on its CME Globex platform.

More notable recent CME Group Inc (NASDAQ:CME) news were published by: Prnewswire.com which released: “CME Group Announces the Launch of Australian Wheat FOB (Platts) Futures Contract” on June 27, 2017, also Gurufocus.com with their article: “Intermede Investment Partners Ltd Buys Oracle Corp, CME Group Inc, Wells Fargo …” published on July 17, 2017, Nasdaq.com published: “CGOV Asset Management Buys Enbridge Inc, Ritchie Bros Auctioneers Inc, CME …” on July 13, 2017. More interesting news about CME Group Inc (NASDAQ:CME) were released by: Prnewswire.com and their article: “CME Group Announces First Trades After the Return of the Russell 2000 Index …” published on July 11, 2017 as well as Zacks.com‘s news article titled: “Here’s Why You Should Dump CME Group (CME) Stock for Now” with publication date: July 11, 2017.

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