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Bank Amer (Call) (BAC) Holder Salzhauer Michael Decreased Holding by $3.25 Million; Cme Group (CME) Shareholder Scholtz & Company Decreased Its Position by $852,550

CME Group Inc. (NASDAQ:CME) Logo

Salzhauer Michael decreased its stake in Bank Amer Corp (Call) (BAC) by 61.18% based on its latest 2018Q3 regulatory filing with the SEC. Salzhauer Michael sold 250,000 shares as the company’s stock declined 19.66% with the market. The institutional investor held 158,600 shares of the major banks company at the end of 2018Q3, valued at $2.08 million, down from 408,600 at the end of the previous reported quarter. Salzhauer Michael who had been investing in Bank Amer Corp (Call) for a number of months, seems to be less bullish one the $257.53 billion market cap company. The stock increased 0.81% or $0.21 during the last trading session, reaching $26.24. About 27.35 million shares traded. Bank of America Corporation (NYSE:BAC) has declined 13.97% since January 14, 2018 and is downtrending. It has underperformed by 13.97% the S&P500. Some Historical BAC News: 16/05/2018 – CommScope Presenting at Bank of America Conference Jun 6; 02/05/2018 – AbbVie Presenting at Bank of America Conference May 16; 16/04/2018 – Bank of America 1Q Global Banking Rev $4.9B; 14/05/2018 – Brookdale Presenting at Bank of America Conference May 16; 21/03/2018 – BOFA RISK OFFICIALS ARE SAID TO CITE BANKER’S ASSURANCE ON DEAL; 14/05/2018 – Exact Sciences at Bank of America Conference Tomorrow; 17/04/2018 – Celgene Presenting at Bank of America Conference May 16; 13/03/2018 – SUPER MICRO COMPUTER INC – ENTERED INTO AMENDMENT TO CO’S EXISTING LOAN AGREEMENT WITH BANK OF AMERICA MERRILL LYNCH; 03/05/2018 – UNITED RENTALS INC URI.N : BOFA MERRILL CUTS PRICE OBJECTIVE TO $186 FROM $230; 18/05/2018 – BAML Global Interest Rate Forecasts as of May 18 (Table)

Scholtz & Company Llc decreased its stake in Cme Group Inc (CME) by 35.21% based on its latest 2018Q3 regulatory filing with the SEC. Scholtz & Company Llc sold 5,015 shares as the company’s stock rose 9.33% while stock markets declined. The institutional investor held 9,230 shares of the investment bankers and brokers and service company at the end of 2018Q3, valued at $1.57 million, down from 14,245 at the end of the previous reported quarter. Scholtz & Company Llc who had been investing in Cme Group Inc for a number of months, seems to be less bullish one the $64.19 billion market cap company. The stock decreased 0.63% or $1.14 during the last trading session, reaching $179.41. About 608,573 shares traded. CME Group Inc. (NASDAQ:CME) has risen 28.18% since January 14, 2018 and is uptrending. It has outperformed by 28.18% the S&P500. Some Historical CME News: 06/04/2018 – FED FUNDS FUTURES IMPLY TRADERS SEE 81 PCT CHANCE FED RAISING RATES TO 1.75-2.00 PCT IN JUNE VS 85 PCT LATE THURSDAY – CME GROUP’S FEDWATCH; 15/03/2018 – CME in approach for Spencer’s Nex; 16/03/2018 – CME LEAN HOG DEFERRED MONTHS < 0#LH: DROP MORE THAN 1 PERCENT ON PROFIT-TAKING, FUND SALES AFTER DRIFTING BELOW 10-DAY MOVING AVERAGE -TRADE; 28/03/2018 - CME lumber futures final vol/open int for March 27; 26/03/2018 - CORRECTED-UK-based Coinfloor to launch physically settled bitcoin futures; 04/04/2018 - CME Group and GCSA Capital Collaborate to Deliver the Prefunded Treasury Facility Collateral Program for Meeting Performance Bond Requirements; 11/04/2018 - CME GROUP CME.O SAYS IT HAS REVOKED APPROVED STATUS FOR REGISTRATION OF RUSAL ALUMINIUM BRANDS; 19/04/2018 - CME FEEDER CATTLE FUTURES 0#FC: SLUMP OVER 1 PERCENT PRESSURED BY TECHNICAL SELLING, LIVE CATTLE FUTURES LOSSES -TRADE; 16/03/2018 - NEX GROUP PLC NXGN.L - CME AND NEX CURRENTLY ARE WORKING TOGETHER TO DETERMINE WHETHER A FIRM OFFER CAN BE MADE; 30/05/2018 - CME LIVE CATTLE AUGUST 1LCQ8 FUTURES UP 3.000 CENTS/LB DAILY PRICE LIMIT ON SHORT-COVERING, TECHNICAL BUYING AFTER TOPPING 40-DAY MOVING AVERAGE -TRADE

Investors sentiment decreased to 0.84 in Q3 2018. Its down 0.17, from 1.01 in 2018Q2. It turned negative, as 57 investors sold BAC shares while 649 reduced holdings. 123 funds opened positions while 473 raised stakes. 6.37 billion shares or 1.73% less from 6.48 billion shares in 2018Q2 were reported. Fukoku Mutual Life Insur invested 0.19% in Bank of America Corporation (NYSE:BAC). 400,000 are held by Gabalex Cap Management Ltd Liability Corp. South Dakota Invest Council holds 0.82% or 1.28M shares in its portfolio. 17,988 were reported by Fca Tx. Alethea Capital Mngmt Ltd Co holds 0.88% or 20,000 shares in its portfolio. Arvest Financial Bank Trust Division holds 950,680 shares or 1.9% of its portfolio. Front Barnett Associates Ltd Liability Com has 440,648 shares. Guardian Advisors Lp owns 17,207 shares. Asset Strategies Incorporated reported 22,656 shares. Welch & Forbes Ltd Limited Liability Company stated it has 780,079 shares or 0.55% of all its holdings. Boyar Asset Mgmt owns 191,622 shares. Delta Asset Mngmt Ltd Liability Company Tn has 0.06% invested in Bank of America Corporation (NYSE:BAC) for 14,323 shares. St Germain D J holds 17,337 shares. Sumitomo Mitsui Trust has 0.97% invested in Bank of America Corporation (NYSE:BAC). Partnervest Advisory Ser Ltd has invested 0.43% in Bank of America Corporation (NYSE:BAC).

Among 33 analysts covering Bank of America (NYSE:BAC), 22 have Buy rating, 0 Sell and 11 Hold. Therefore 67% are positive. Bank of America had 118 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Bank of America Corporation (NYSE:BAC) has “Buy” rating given on Monday, April 16 by Vining Sparks. BMO Capital Markets maintained the shares of BAC in report on Wednesday, January 17 with “Hold” rating. The rating was maintained by Robert W. Baird on Tuesday, October 31 with “Hold”. The stock has “Buy” rating by RBC Capital Markets on Friday, October 6. On Friday, January 19 the stock rating was maintained by Sandler O’Neill with “Buy”. Credit Suisse maintained it with “Outperform” rating and $35 target in Friday, December 7 report. As per Tuesday, September 8, the company rating was upgraded by Nomura. UBS upgraded Bank of America Corporation (NYSE:BAC) rating on Wednesday, January 9. UBS has “Buy” rating and $32 target. Barclays Capital maintained Bank of America Corporation (NYSE:BAC) on Tuesday, January 3 with “Equal Weight” rating. The firm has “Mkt Perform” rating by Bruyette & Woods” given on Monday, August 24.

More notable recent Bank of America Corporation (NYSE:BAC) news were published by: Seekingalpha.com which released: “Financials’ decline abates, for the time being – Seeking Alpha” on December 28, 2018, also Fool.com with their article: “3 Warren Buffett Stocks to Buy in January – The Motley Fool” published on January 13, 2019, Fool.com published: “3 Value Stocks to Absolutely Love During This Correction – The Motley Fool” on December 18, 2018. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: 247Wallst.com and their article: “What to Watch For From the Major Banks Reporting This Week – 24/7 Wall St.” published on January 13, 2019 as well as Benzinga.com‘s news article titled: “Citigroup Inc. (NYSE:C), Amazon.com, Inc. (NASDAQ:AMZN) – After Strong Week, Market Comes Under Pressure From China As Earnings Begin – Benzinga” with publication date: January 14, 2019.

Analysts await Bank of America Corporation (NYSE:BAC) to report earnings on January, 16 before the open. They expect $0.63 EPS, up 34.04% or $0.16 from last year’s $0.47 per share. BAC’s profit will be $6.18B for 10.41 P/E if the $0.63 EPS becomes a reality. After $0.66 actual EPS reported by Bank of America Corporation for the previous quarter, Wall Street now forecasts -4.55% negative EPS growth.

Salzhauer Michael, which manages about $261.86 million US Long portfolio, upped its stake in Keycorp New (NYSE:KEY) by 127,992 shares to 177,392 shares, valued at $3.53 million in 2018Q3, according to the filing. It also increased its holding in Regions Finl Corp New (NYSE:RF) by 121,747 shares in the quarter, for a total of 167,647 shares, and has risen its stake in Allstate Corp (NYSE:ALL).

More notable recent CME Group Inc. (NASDAQ:CME) news were published by: Fool.com which released: “Better Buy: CME Group vs. Nasdaq – The Motley Fool” on January 09, 2019, also Nasdaq.com with their article: “CME Group Hits 52-Week High: Can the Bull Run Continue? – Nasdaq” published on November 20, 2018, Seekingalpha.com published: “CME 2018 ADV reaches record 19.2M contracts – Seeking Alpha” on January 03, 2019. More interesting news about CME Group Inc. (NASDAQ:CME) were released by: Nasdaq.com and their article: “CME Group Reaches Analyst Target Price – Nasdaq” published on November 30, 2018 as well as Nasdaq.com‘s news article titled: “Here’s Why You Should Add Nasdaq (NDAQ) to Your Portfolio – Nasdaq” with publication date: December 31, 2018.

Since September 4, 2018, it had 0 insider buys, and 13 selling transactions for $14.17 million activity. Pietrowicz John W. also sold $449,650 worth of CME Group Inc. (NASDAQ:CME) on Thursday, October 11. On Tuesday, November 6 the insider Holzrichter Julie sold $626,039. The insider Carey Charles P sold $513,660. On Tuesday, September 4 the insider Piell Hilda Harris sold $319,025. Winkler Julie had sold 5,847 shares worth $1.14M on Friday, November 16. Pankau Ronald A. had sold 187 shares worth $35,530.

Scholtz & Company Llc, which manages about $132.60M and $158.46 million US Long portfolio, upped its stake in Edwards Lifesciences Corporati (NYSE:EW) by 3,180 shares to 37,390 shares, valued at $6.51 million in 2018Q3, according to the filing. It also increased its holding in Nextera Energy Inc (NYSE:NEE) by 1,945 shares in the quarter, for a total of 3,440 shares, and has risen its stake in Diamondback Energy Inc (NASDAQ:FANG).

Among 22 analysts covering CME Group (NASDAQ:CME), 10 have Buy rating, 1 Sell and 11 Hold. Therefore 45% are positive. CME Group had 76 analyst reports since August 3, 2015 according to SRatingsIntel. The stock has “Neutral” rating by JP Morgan on Friday, September 4. On Thursday, February 1 the stock rating was maintained by Sandler O’Neill with “Buy”. The stock of CME Group Inc. (NASDAQ:CME) has “Hold” rating given on Tuesday, October 10 by Keefe Bruyette & Woods. The stock has “Buy” rating by RBC Capital Markets on Tuesday, August 1. The firm has “Buy” rating given on Tuesday, November 20 by Berenberg. The stock has “Buy” rating by Jefferies on Wednesday, September 27. The company was maintained on Friday, July 29 by UBS. The firm earned “Buy” rating on Friday, January 8 by Deutsche Bank. The stock of CME Group Inc. (NASDAQ:CME) earned “Neutral” rating by JP Morgan on Friday, March 11. On Friday, October 28 the stock rating was maintained by RBC Capital Markets with “Underperform”.

Analysts await CME Group Inc. (NASDAQ:CME) to report earnings on February, 14 before the open. They expect $1.65 earnings per share, up 47.32% or $0.53 from last year’s $1.12 per share. CME’s profit will be $590.33 million for 27.18 P/E if the $1.65 EPS becomes a reality. After $1.45 actual earnings per share reported by CME Group Inc. for the previous quarter, Wall Street now forecasts 13.79% EPS growth.

Bank of America Corporation (NYSE:BAC) Institutional Positions Chart

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