November 29, 2016 - By Nellie Frank · 0 Comments
The stock of Cme Group Class A (NASDAQ:CME) registered an increase of 13.74% in short interest. CME’s total short interest was 5.05 million shares in November as published by FINRA. Its up 13.74% from 4.44 million shares, reported previously. With 1.13M shares average volume, it will take short sellers 5 days to cover their CME’s short positions. The short interest to Cme Group Class A’s float is 1.56%. About 600,112 shares traded hands. CME Group Inc (NASDAQ:CME) has risen 18.87% since April 26, 2016 and is uptrending. It has outperformed by 13.61% the S&P500.
CME Group Inc. is a provider of products across all major asset classes, based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities and metals. The company has a market cap of $37.94 billion. The Company’s products include both exchange-traded and privately negotiated futures and options contracts and swaps. It has a 26.3 P/E ratio. The Firm connects buyers and sellers together through its CME Globex electronic trading platform across the globe and its open outcry trading facilities in Chicago and New York City.
Insitutional Activity: The institutional sentiment decreased to 1.37 in 2016 Q2. Its down 0.02, from 1.39 in 2016Q1. The ratio dropped, as 40 funds sold all CME Group Inc shares owned while 170 reduced positions. 57 funds bought stakes while 235 increased positions. They now own 260.02 million shares or 1.16% less from 263.08 million shares in 2016Q1.
Strs Ohio, a Ohio-based fund reported 234,783 shares. Jefferies Grp Inc Lc has 1,886 shares for 0% of their US portfolio. Shelton Capital Management accumulated 0.2% or 22,969 shares. Thompson Davis Inc last reported 40 shares in the company. Moreover, Dubuque State Bank And Company has 0% invested in CME Group Inc (NASDAQ:CME) for 140 shares. The Illinois-based Rmb Mngmt Limited Co has invested 0.65% in CME Group Inc (NASDAQ:CME). Huntington National Bank & Trust holds 1,434 shares or 0% of its portfolio. Blackrock Investment Mngmt Limited Liability Corp reported 1.58 million shares or 0.19% of all its holdings. The New York-based Gerstein Fisher has invested 0.03% in CME Group Inc (NASDAQ:CME). Comerica Commercial Bank owns 82,631 shares or 0.07% of their US portfolio. Glenview Savings Bank Trust Dept last reported 1.97% of its portfolio in the stock. The Michigan-based Ls Invest Advisors Limited Liability has invested 0.07% in CME Group Inc (NASDAQ:CME). Central Financial Bank And Tru holds 244 shares or 0.01% of its portfolio. First Midwest Bank & Trust Trust Division holds 26,424 shares or 0.32% of its portfolio. Turner Lp has 0.16% invested in the company for 5,280 shares.
Insider Transactions: Since May 31, 2016, the stock had 0 insider purchases, and 29 insider sales for $19.73 million net activity. 3,550 shares were sold by Sammann Derek, worth $366,363 on Tuesday, August 2. TAYLOR KIMBERLY S sold $235,934 worth of stock. Shares for $365,300 were sold by Kometer Kevin. $528,171 worth of shares were sold by Zagotta Robert on Friday, June 3. Tobin Jack J sold $390,338 worth of stock. Another trade for 893 shares valued at $98,230 was sold by Piell Hilda Harris. 31,120 shares were sold by GILL PHUPINDER, worth $2.90 million on Tuesday, June 28.
Out of 12 analysts covering CME Group (NASDAQ:CME), 5 rate it a “Buy”, 2 “Sell”, while 5 “Hold”. This means 42% are positive. CME Group has been the topic of 26 analyst reports since August 3, 2015 according to StockzIntelligence Inc. Bank of America upgraded the shares of CME in a report on Wednesday, October 7 to “Buy” rating. The rating was initiated by Sterne Agee CRT on Friday, May 20 with “Neutral”. The stock has “Underperform” rating given by CLSA on Thursday, July 14. Jefferies maintained CME Group Inc (NASDAQ:CME) on Wednesday, August 31 with “Buy” rating. The firm has “Buy” rating given on Wednesday, October 5 by Deutsche Bank. As per Friday, October 28, the company rating was maintained by RBC Capital Markets. On Friday, July 29 the stock rating was maintained by Deutsche Bank with “Buy”. RBC Capital Markets maintained CME Group Inc (NASDAQ:CME) rating on Monday, February 8. RBC Capital Markets has “Underperform” rating and $86 price target. The stock of CME Group Inc (NASDAQ:CME) earned “Buy” rating by Deutsche Bank on Friday, January 8. The rating was maintained by Barclays Capital on Tuesday, August 11 with “Equal Weight”.
CME Group Inc., incorporated on August 2, 2001, is a well-known provider of products across all major asset classes, based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities and metals. The Company’s products include both exchange-traded and privately negotiated futures and options contracts and swaps. The Firm connects buyers and sellers together through its CME Globex electronic trading platform across the globe and its open outcry trading facilities in Chicago and New York City, and provides hosting, connectivity and customer support for electronic trading through its co-location services. The Company’s CME Direct technology offers side-by-side trading of exchange-listed and privately negotiated markets. The Firm provides clearing and settlement services for exchange-traded contracts, as well as for cleared swaps, and provides regulatory reporting solutions for market participants through its global repository services in the United States, United Kingdom, Canada and Australia. The Firm offers a range of market data services, including live quotes, delayed quotes, market reports and a historical data service.
More important recent CME Group Inc (NASDAQ:CME) news were published by: Reuters.com which released: “CME Group bids for LSE’s French clearing business: Sunday Times” on November 28, 2016, also Prnewswire.com published article titled: “CME Group Announces Record Open Interest of 117 Million Contracts; Interest …”, Prnewswire.com published: “CME Group Declares Dividend” on November 09, 2016. More interesting news about CME Group Inc (NASDAQ:CME) was released by: Seekingalpha.com and their article: “Why CME Group Hit The Wall” with publication date: November 18, 2016.
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By Nellie Frank