Savant Capital buys $9.6 Million stake in CME Group Inc (CME)

CME Group Inc (CME) : Savant Capital scooped up 220 additional shares in CME Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 11, 2016. The investment management firm now holds a total of 102,080 shares of CME Group Inc which is valued at $9.6 Million.CME Group Inc makes up approximately 2.98% of Savant Capital’s portfolio.

Other Hedge Funds, Including , United Capital Financial Advisers reduced its stake in CME by selling 10,131 shares or 6.17% in the most recent quarter. The Hedge Fund company now holds 154,119 shares of CME which is valued at $14.5 Million. CME Group Inc makes up approx 0.16% of United Capital Financial Advisers’s portfolio.Quantitative Investment Management boosted its stake in CME in the latest quarter, The investment management firm added 42,000 additional shares and now holds a total of 51,600 shares of CME Group Inc which is valued at $4.8 Million. CME Group Inc makes up approx 0.23% of Quantitative Investment Management’s portfolio.Kornitzer Capital Management Inc Ks reduced its stake in CME by selling 58,130 shares or 15.02% in the most recent quarter. The Hedge Fund company now holds 328,977 shares of CME which is valued at $30.6 Million. CME Group Inc makes up approx 0.55% of Kornitzer Capital Management Inc Ks’s portfolio.

CME Group Inc opened for trading at $94.15 and hit $95.32 on the upside on Monday, eventually ending the session at $95.04, with a gain of 0.75% or 0.71 points. The heightened volatility saw the trading volume jump to 9,87,062 shares. Company has a market cap of $32,185 M.

On the company’s financial health, CME Group Inc reported $1.15 EPS for the quarter, based on the information available during the earnings call on Apr 28, 2016. Analyst had a consensus estimate of $1.15. The company had revenue of $934.00 million for the quarter, compared to analysts expectations of $942.88 million. The company’s revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.98 EPS.

CME Group Inc.is the holding company for Chicago Mercantile Exchange Inc. CBOT New York Mercantile Exchange Inc. (NYMEX) Commodity Exchange Inc. (COMEX) and their respective subsidiaries as well as CME Clearing Europe Limited (CMECE) and CME Europe Limited (CME Europe). The Company also clear futures options on futures and swaps contracts through its two clearing organizations: CME Clearing which is a division of CME and CMECE. The Company offers its customers the opportunity to trade futures contracts and options on futures contracts on a range of products including those -based on interest rates equities foreign exchange agricultural commodities energy and metals. It also clear swaps contracts on a range of products including those -based on interest rates credit default foreign exchange agricultural commodities energy and metals. Its exchange consists of designated contract markets for the trading of futures and options on futures contracts.

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