Hilton Capital Management buys $5,940,708 stake in CME Group Inc (CME)

CME Group Inc (CME) : Hilton Capital Management scooped up 5,892 additional shares in CME Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 57,834 shares of CME Group Inc which is valued at $5,940,708.CME Group Inc makes up approximately 1.95% of Hilton Capital Management’s portfolio.

Other Hedge Funds, Including , Artemis Investment Management Llp sold out all of its stake in CME during the most recent quarter. The investment firm sold 285,401 shares of CME which is valued $29,316,391.Yhb Investment Advisors boosted its stake in CME in the latest quarter, The investment management firm added 110 additional shares and now holds a total of 24,291 shares of CME Group Inc which is valued at $2,472,581. CME Group Inc makes up approx 0.53% of Yhb Investment Advisors’s portfolio.Eagle Ridge Investment Management boosted its stake in CME in the latest quarter, The investment management firm added 625 additional shares and now holds a total of 53,448 shares of CME Group Inc which is valued at $5,440,472. CME Group Inc makes up approx 1.21% of Eagle Ridge Investment Management’s portfolio.First Manhattan Co reduced its stake in CME by selling 650 shares or 3.85% in the most recent quarter. The Hedge Fund company now holds 16,230 shares of CME which is valued at $1,647,345. CME Group Inc makes up approx 0.01% of First Manhattan Co’s portfolio.

CME Group Inc opened for trading at $102.23 and hit $103.34 on the upside on Friday, eventually ending the session at $102.24, with a gain of 0.29% or 0.3 points. The heightened volatility saw the trading volume jump to 16,58,741 shares. Company has a market cap of $34,623 M.

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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