Riverpark Capital Management Decreased Its Stake in Cme Group (CME) by $3.90 Million; Icm Asset Management Continues to Hold Position in Micron Technology (MU)

May 18, 2018 - By Louis Casey

CME Group Inc. (NASDAQ:CME) Logo

Riverpark Capital Management Llc decreased its stake in Cme Group Inc (CME) by 14.81% based on its latest 2017Q4 regulatory filing with the SEC. Riverpark Capital Management Llc sold 26,691 shares as the company’s stock rose 9.29% while stock markets declined. The institutional investor held 153,557 shares of the investment bankers and brokers and service company at the end of 2017Q4, valued at $22.43 million, down from 180,248 at the end of the previous reported quarter. Riverpark Capital Management Llc who had been investing in Cme Group Inc for a number of months, seems to be less bullish one the $54.72B market cap company. The stock increased 0.02% or $0.03 during the last trading session, reaching $160.7. About 915,130 shares traded. CME Group Inc. (NASDAQ:CME) has risen 37.71% since May 18, 2017 and is uptrending. It has outperformed by 26.16% the S&P500.

Icm Asset Management Inc increased its stake in Micron Technology Inc. (MU) by 7.89% based on its latest 2017Q4 regulatory filing with the SEC. Icm Asset Management Inc bought 7,975 shares as the company’s stock rose 18.77% while stock markets declined. The institutional investor held 108,997 shares of the technology company at the end of 2017Q4, valued at $4.48 million, up from 101,022 at the end of the previous reported quarter. Icm Asset Management Inc who had been investing in Micron Technology Inc. for a number of months, seems to be bullish on the $63.44 billion market cap company. The stock decreased 3.19% or $1.8 during the last trading session, reaching $54.7. About 52.52 million shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 82.20% since May 18, 2017 and is uptrending. It has outperformed by 70.65% the S&P500.

Investors sentiment increased to 1.15 in Q4 2017. Its up 0.14, from 1.01 in 2017Q3. It improved, as 29 investors sold CME shares while 224 reduced holdings. 78 funds opened positions while 212 raised stakes. 265.76 million shares or 0.05% less from 265.89 million shares in 2017Q3 were reported. Skylands Ltd accumulated 23,200 shares. Bancshares Of Mellon accumulated 4.02M shares or 0.15% of the stock. 43,127 are held by Ing Groep Nv. Nippon Life Global Invsts Americas owns 87,050 shares. Burns J W And New York invested in 18,180 shares or 0.67% of the stock. Pekin Singer Strauss Asset Il holds 0.37% or 13,806 shares in its portfolio. Royal Bancorp Of Scotland Grp Public Limited Company accumulated 38,307 shares or 1.26% of the stock. Moreover, Nelson Van Denburg & Campbell Wealth Mgmt Group has 0% invested in CME Group Inc. (NASDAQ:CME). Riverhead Cap Mngmt Limited Liability Corp reported 0.08% in CME Group Inc. (NASDAQ:CME). 2,775 were reported by Naples Lc. Tocqueville Asset Mngmt Ltd Partnership holds 4,944 shares. Cincinnati Ins stated it has 29,900 shares or 0.13% of all its holdings. Paloma Prtnrs reported 2,208 shares. Highland Capital Mgmt Limited accumulated 2,300 shares. 9,254 were accumulated by Cleararc Cap.

Among 19 analysts covering CME Group (NASDAQ:CME), 11 have Buy rating, 1 Sell and 7 Hold. Therefore 58% are positive. CME Group had 64 analyst reports since August 3, 2015 according to SRatingsIntel. The stock has “Hold” rating by Keefe Bruyette & Woods on Monday, September 18. RBC Capital Markets initiated CME Group Inc. (NASDAQ:CME) on Wednesday, December 9 with “Underperform” rating. The stock has “Buy” rating by RBC Capital Markets on Monday, September 11. The firm has “Buy” rating by Jefferies given on Monday, July 17. The company was maintained on Thursday, June 1 by Keefe Bruyette & Woods. The stock of CME Group Inc. (NASDAQ:CME) has “Buy” rating given on Friday, July 29 by Deutsche Bank. The company was maintained on Friday, July 29 by Barclays Capital. The firm has “Buy” rating given on Wednesday, October 5 by Deutsche Bank. RBC Capital Markets maintained the stock with “Buy” rating in Monday, June 12 report. As per Friday, March 9, the company rating was maintained by Jefferies.

More important recent CME Group Inc. (NASDAQ:CME) news were published by: Fool.com which released: “3 Ways to Play Cryptocurrencies Without Actually Buying Them” on April 21, 2018, also Fool.com published article titled: “CME Group Benefits From the Return of Market Volatility”, Fool.com published: “CME Group (CME) Q1 2018 Earnings Conference Call Transcript” on April 27, 2018. More interesting news about CME Group Inc. (NASDAQ:CME) was released by: Seekingalpha.com and their article: “CME: Great Business, But Grossly Overvalued” with publication date: May 08, 2018.

Since December 18, 2017, it had 0 buys, and 10 insider sales for $9.68 million activity. Another trade for 7,300 shares valued at $1.14M was sold by MELAMED LEO. Another trade for 16,105 shares valued at $2.61 million was made by Kometer Kevin on Friday, February 2. Pietrowicz John W. sold $402,550 worth of CME Group Inc. (NASDAQ:CME) on Tuesday, April 10. $3.03M worth of CME Group Inc. (NASDAQ:CME) was sold by DUFFY TERRENCE A. Another trade for 3,299 shares valued at $539,452 was made by Piell Hilda Harris on Tuesday, February 20. $31,982 worth of CME Group Inc. (NASDAQ:CME) was sold by Pankau Ronald A. on Wednesday, February 14.

Analysts await CME Group Inc. (NASDAQ:CME) to report earnings on August, 7. They expect $1.68 EPS, up 36.59% or $0.45 from last year’s $1.23 per share. CME’s profit will be $572.06M for 23.91 P/E if the $1.68 EPS becomes a reality. After $1.86 actual EPS reported by CME Group Inc. for the previous quarter, Wall Street now forecasts -9.68% negative EPS growth.

Investors sentiment decreased to 1.24 in 2017 Q4. Its down 0.13, from 1.37 in 2017Q3. It worsened, as 49 investors sold MU shares while 245 reduced holdings. 126 funds opened positions while 239 raised stakes. 883.15 million shares or 0.40% less from 886.67 million shares in 2017Q3 were reported. James Research Inc accumulated 62,090 shares. Eagle Asset Mgmt Inc, Florida-based fund reported 1.26 million shares. Point72 Asset Management LP has invested 0.72% in Micron Technology, Inc. (NASDAQ:MU). Raymond James Associates reported 484,484 shares. Asset has invested 0.14% of its portfolio in Micron Technology, Inc. (NASDAQ:MU). Vigilant Capital Management Ltd Co stated it has 0% in Micron Technology, Inc. (NASDAQ:MU). California Public Employees Retirement Systems has invested 0.14% of its portfolio in Micron Technology, Inc. (NASDAQ:MU). Clinton Gru Inc stated it has 46,157 shares or 0.17% of all its holdings. Holderness Invests Com accumulated 7,600 shares. Riverhead Mngmt Ltd Com holds 0.29% or 166,778 shares. Campbell & Adviser Ltd Limited Liability Company holds 0.19% of its portfolio in Micron Technology, Inc. (NASDAQ:MU) for 6,365 shares. Pinnacle Associate Ltd invested in 0.11% or 142,180 shares. Comml Bank Of Stockton has 8,943 shares for 0.15% of their portfolio. Catalyst Advsr Ltd Liability Corporation reported 0.09% stake. First Quadrant Lp Ca invested in 79,273 shares.

More notable recent Micron Technology, Inc. (NASDAQ:MU) news were published by: Seekingalpha.com which released: “The Market Is Doubtful Of Micron” on May 10, 2018, also Nasdaq.com with their article: “Tuesday’s Vital Data: Micron Technology, Inc. (MU), Facebook Inc. (FB) and AT&T Inc. (T)” published on April 24, 2018, Seekingalpha.com published: “Micron: Reading The Tea Leaves” on May 14, 2018. More interesting news about Micron Technology, Inc. (NASDAQ:MU) were released by: Seekingalpha.com and their article: “Micron: The Catalyst Of The Year” published on May 17, 2018 as well as Globenewswire.com‘s news article titled: “Micron Technology to Present at Bernstein Strategic Decisions Conference 2018” with publication date: May 17, 2018.

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