CME Group Inc (CME) was Initiated by Sterne Agee CRT to “Neutral” and the brokerage firm has set the Price Target at $90. Sterne Agee CRT advised their investors in a research report released on May 20, 2016.
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 closed down -1.01 points or -1.04% at $95.78 with 13,58,873 shares getting traded on Thursday. Post opening the session at $96.5, the shares hit an intraday low of $95.6744 and an intraday high of $97.22 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
In a different news, on Apr 29, 2016, Kimberly S Taylor (Sr MD Pres Gl Ops Tech & Risk) sold 2,300 shares at $92.68 per share price. According to the SEC, on Mar 15, 2016, Kevin Kometer (Sr MD Chief InformationOfficer) sold 500 shares at $93.93 per share price. On Mar 10, 2016, Terrence A Duffy (Executive Chairman & President) sold 15,340 shares at $93.51 per share price, according to the Form-4 filing with the securities and exchange commission.
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.