CME Group Inc (NASDAQ:CME).
Thornburg Investment Management Inc reports that it bought 200,483 shares last quarter increasing its holdings in CME Group Inc by 5.4%. Its position was valued at $529,544,000 an increase of $65,855,000 as of quarter end.
Here are a few institutional investors who have updated their positions. As of the end of the quarter Marshall Wace LLP had acquired 88,872 shares growing its stake by 2,836.6%. The value of the investment in (CME) increased from $392,000 to $12,513,000 a change of 3,092.1% quarter to quarter. As of quarter end Baird Financial Group, Inc. had bought a total of 200,483 shares growing its holdings by 5.4%. The value of the company’s investment in CME Group Inc went from $14,288,000 to $15,531,000 a change of $1,243,000 since the last quarter.
Thornburg Investment Management Inc added to its position by buying 200,483 shares an increase of 5.4%. Thornburg Investment Management Inc now holds 3,902,886 shares with a value of $529,544,000. The total value of its holdings increased 14.2%. As of the end of the quarter Thornburg Investment Management Inc had bought 385 shares growing its position 0.3%. The value in dollars went from $463,689,000 to $529,544,000 increasing 14.2% for the reporting period.
Agf Investments Inc. cut its investment by selling 13,375 shares a decrease of 6.4% from 06/30/2017 to 09/30/2017. Agf Investments Inc. claims 196,781 shares valued at $26,699,000. The value of the position overall is up by 1.4%.
Citigroup raised the price target on October 19 changing the price objective from $138.00 to $155.00 and issued a “Buy” recommendation. Equity analyst Royal Bank Of Canada raised the price target of the stock on October 16 changing the forecast from $135.00 to $147.00 and stated a “Outperform” rating.
Barclays PLC raised the price target on October 10 boosting the projection from $139.00 to $149.00 with a “Overweight” recommendation. Equity analyst Wells Fargo & Company raised the price target on October 4 boosting the projection from $130.00 to $145.00 with a rating of “Market Perform”.
September 21 investment analysts at Keefe, Bruyette & Woods maintained a company rating of “Hold” projecting a price of $133.00. Equity analyst Barclays PLC released a research note on CME by announcing an initial rating of “Overweight”.
The company is now up since yesterday’s close of 140.2. CME Group Inc’s P/E ratio is 31.95 and the market cap is 47.90B. In the last earnings report the EPS was $4.41 with 339.12M shares presently outstanding.
Traders are more bearish on CME Group Inc recently if you take note of the increase in short interest. The stock realized a rise in short interest from September 29, 2017 to October 13, 2017 of 1.30%. Short shares grew from 4,515,316 to 4,573,817 over that period. The days to cover decreased to 4.0 and the percentage of shorted shares was 0.01% on October 13.