Endeavour Capital Advisors Inc Lowers stake in CME Group Inc (CME)

CME Group Inc (CME) : Endeavour Capital Advisors Inc reduced its stake in CME Group Inc by 10.85% during the most recent quarter end. The investment management company now holds a total of 264,520 shares of CME Group Inc which is valued at $27,459,821 after selling 32,180 shares in CME Group Inc , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.CME Group Inc makes up approximately 2.03% of Endeavour Capital Advisors Inc’s portfolio.

Other Hedge Funds, Including , Susquehanna International Group Llp sold out all of its stake in CME during the most recent quarter. The investment firm sold 62,310 shares of CME which is valued $6,468,401.Winton Capital Group Ltd reduced its stake in CME by selling 96,301 shares or 50.45% in the most recent quarter. The Hedge Fund company now holds 94,575 shares of CME which is valued at $9,817,831. CME Group Inc makes up approx 0.15% of Winton Capital Group Ltd’s portfolio.Blackrock Fund Advisors boosted its stake in CME in the latest quarter, The investment management firm added 577,672 additional shares and now holds a total of 9,073,017 shares of CME Group Inc which is valued at $941,869,895. CME Group Inc makes up approx 0.20% of Blackrock Fund Advisors’s portfolio.Integrated Wealth Management boosted its stake in CME in the latest quarter, The investment management firm added 7 additional shares and now holds a total of 928 shares of CME Group Inc which is valued at $95,835. CME Group Inc makes up approx 0.04% of Integrated Wealth Management’s portfolio.

CME Group Inc closed down -0.89 points or -0.83% at $106.81 with 1,103,659 shares getting traded on Wednesday. Post opening the session at $106.9, the shares hit an intraday low of $105.53 and an intraday high of $107.16 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, CME Group Inc reported $1.14 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $1.11. The company had revenue of $906.40 million for the quarter, compared to analysts expectations of $910.92 million. The company’s revenue was up 10.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.95 EPS.

Many Wall Street Analysts have commented on CME Group Inc. Sterne Agee CRT Initiated CME Group Inc on May 20, 2016 to “Neutral”, Price Target of the shares are set at $90.

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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