UBS Seems to Have Lost Some Faith In CME Group (NASDAQ:CME), Downgrades Stocks

CME Group Inc. (NASDAQ:CME) Logo

Investors sentiment increased to 1.39 in 2018 Q2. Its up 0.27, from 1.12 in 2018Q1. It increased, as 30 investors sold CME Group Inc. shares while 221 reduced holdings. 83 funds opened positions while 267 raised stakes. 268.50 million shares or 1.92% more from 263.44 million shares in 2018Q1 were reported.

Ny State Teachers Retirement System holds 0.2% or 512,562 shares in its portfolio. Creative Planning has invested 0.02% of its portfolio in CME Group Inc. (NASDAQ:CME). Usa Fincl Portformulas, a Michigan-based fund reported 22,201 shares. Moreover, Jpmorgan Chase & has 0.21% invested in CME Group Inc. (NASDAQ:CME). Berkshire Asset Management Ltd Co Pa, Pennsylvania-based fund reported 2,184 shares. Sandler reported 0.48% of its portfolio in CME Group Inc. (NASDAQ:CME). Wesbanco National Bank reported 1,399 shares. Evergreen Mgmt Limited Liability Com holds 6,243 shares. Paloma Partners Management holds 0.01% or 3,193 shares in its portfolio. Commonwealth Of Pennsylvania Public School Empls Retrmt owns 35,645 shares or 0.08% of their US portfolio. State Of New Jersey Common Pension Fund D holds 0.11% or 180,000 shares in its portfolio. 2.74 million are owned by Fmr Ltd Liability Company. Alley Com Ltd accumulated 27,535 shares or 1.52% of the stock. Pennsylvania owns 5,625 shares. Partner Fund Mngmt Lp stated it has 0.32% in CME Group Inc. (NASDAQ:CME).

Since May 31, 2018, it had 0 insider buys, and 12 sales for $8.65 million activity. $319,025 worth of CME Group Inc. (NASDAQ:CME) was sold by Piell Hilda Harris on Tuesday, September 4. Another trade for 2,800 shares valued at $513,660 was made by Carey Charles P on Friday, November 2. Tobin Jack J had sold 7,820 shares worth $1.37 million on Wednesday, September 5. Pietrowicz John W. sold $449,650 worth of CME Group Inc. (NASDAQ:CME) on Thursday, October 11. On Thursday, June 7 the insider Pankau Ronald A. sold $42,878. 3,353 shares were sold by Holzrichter Julie, worth $626,039 on Tuesday, November 6.

CME Group (NASDAQ:CME) Receives a Downgrade

In analysts report issued to investors and clients on 28 November, UBS lowered their rating for shares of CME Group (NASDAQ:CME) to a “Hold” and they now have a $204.0000 price target on the stock. UBS’s price target would suggest a possible upside of 7.32 % from the last price of CME Group (NASDAQ:CME).

CME Group Inc. (NASDAQ:CME) Ratings Coverage

Among 9 analysts covering CME Group (NASDAQ:CME), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. CME Group has $220 highest and $170 lowest target. $193.43’s average target is 1.76% above currents $190.08 stock price. CME Group had 10 analyst reports since July 10, 2018 according to SRatingsIntel. The stock has “Buy” rating by Deutsche Bank on Friday, November 16. UBS downgraded the shares of CME in report on Wednesday, November 28 to “Neutral” rating. The rating was upgraded by Berenberg to “Buy” on Tuesday, November 20. The firm has “Buy” rating by Citigroup given on Tuesday, November 20. The firm has “Buy” rating given on Monday, November 5 by Bank of America. Deutsche Bank maintained CME Group Inc. (NASDAQ:CME) rating on Thursday, October 11. Deutsche Bank has “Buy” rating and $192 target. On Friday, October 26 the stock rating was maintained by Wells Fargo with “Market Perform”.

The stock increased 0.62% or $1.17 during the last trading session, reaching $190.08. About 3.25M shares traded or 68.80% up from the average. CME Group Inc. (NASDAQ:CME) has risen 35.15% since December 2, 2017 and is uptrending. It has outperformed by 19.53% the S&P500.

CME Group Inc., through its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. The company has market cap of $68.01 billion. The firm offers a range of products across various asset classes, based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, and metals. It has a 14.36 P/E ratio. The Company’s products include exchange-traded; and privately negotiated futures and options contracts and swaps.

More notable recent CME Group Inc. (NASDAQ:CME) news were published by: Nasdaq.com which released: “UPDATE 11-Oil drops; losses limited by hopes of OPEC, Russia output cut – Nasdaq” on November 30, 2018, also Nasdaq.com with their article: “Pre-Market Most Active for Nov 15, 2018 : AGNC, BCS, QQQ, CME, ACWI, WMT, AMD, AMRN, ED, BABA, NIO, KREF – Nasdaq” published on November 15, 2018, Nasdaq.com published: “CME Group Hits 52-Week High: Can the Bull Run Continue? – Nasdaq” on November 20, 2018. More interesting news about CME Group Inc. (NASDAQ:CME) were released by: Nasdaq.com and their article: “Major Averages Close Modestly Lower After Volatile Session – U.S. Commentary – Nasdaq” published on November 29, 2018 as well as Bloomberg.com‘s news article titled: “Nasdaq Plans to Pursue Bitcoin Futures Despite Plunging Prices, Sources Say – Bloomberg” with publication date: November 27, 2018.

CME Group Inc. (NASDAQ:CME) Institutional Positions Chart

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