CBRE Group, Inc. (NYSE:CBRE) Shares Sold by Cantillon Capital Management LLC

Cantillon Capital Management LLC decreased its holdings in CBRE Group, Inc. (NYSE:CBRE - Free Report) by 2.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,723,244 shares of the financial services provider's stock after selling 141,047 shares during the quarter. CBRE Group comprises 3.6% of Cantillon Capital Management LLC's investment portfolio, making the stock its 5th largest holding. Cantillon Capital Management LLC owned 1.54% of CBRE Group worth $587,949,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Janney Montgomery Scott LLC acquired a new position in CBRE Group in the 1st quarter valued at $336,000. Intech Investment Management LLC increased its stake in CBRE Group by 232.4% in the 1st quarter. Intech Investment Management LLC now owns 13,961 shares of the financial services provider's stock valued at $1,358,000 after buying an additional 9,761 shares during the period. O Shaughnessy Asset Management LLC increased its stake in CBRE Group by 14.5% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 21,132 shares of the financial services provider's stock valued at $2,055,000 after buying an additional 2,673 shares during the period. Lake Street Advisors Group LLC grew its stake in shares of CBRE Group by 112.9% during the 1st quarter. Lake Street Advisors Group LLC now owns 5,181 shares of the financial services provider's stock worth $504,000 after purchasing an additional 2,747 shares during the period. Finally, CANADA LIFE ASSURANCE Co grew its stake in shares of CBRE Group by 0.6% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 336,984 shares of the financial services provider's stock worth $32,802,000 after purchasing an additional 2,133 shares during the period. Hedge funds and other institutional investors own 98.41% of the company's stock.

Insider Buying and Selling

In related news, CFO Emma E. Giamartino sold 1,815 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $131.34, for a total transaction of $238,382.10. Following the completion of the sale, the chief financial officer now owns 70,154 shares of the company's stock, valued at approximately $9,214,026.36. This represents a 2.52 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Daniel G. Queenan sold 10,000 shares of the stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $114.67, for a total transaction of $1,146,700.00. Following the sale, the chief executive officer now directly owns 217,094 shares of the company's stock, valued at approximately $24,894,168.98. This trade represents a 4.40 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.54% of the company's stock.

CBRE Group Trading Down 0.4 %

Shares of CBRE stock traded down $0.50 during trading hours on Tuesday, hitting $132.17. 1,901,384 shares of the company were exchanged, compared to its average volume of 1,669,370. The firm has a market cap of $40.45 billion, a PE ratio of 42.50 and a beta of 1.39. CBRE Group, Inc. has a 1 year low of $76.63 and a 1 year high of $137.93. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.34. The firm has a fifty day moving average of $125.92 and a 200 day moving average of $107.82.

CBRE Group (NYSE:CBRE - Get Free Report) last announced its quarterly earnings data on Thursday, October 24th. The financial services provider reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.14. The business had revenue of $9.04 billion for the quarter, compared to analyst estimates of $8.80 billion. CBRE Group had a net margin of 2.79% and a return on equity of 13.91%. The company's revenue was up 14.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.72 EPS. Analysts expect that CBRE Group, Inc. will post 4.94 earnings per share for the current year.

Analyst Ratings Changes

CBRE has been the topic of a number of recent analyst reports. Raymond James upped their price target on shares of CBRE Group from $122.00 to $124.00 and gave the stock a "strong-buy" rating in a research note on Thursday, July 25th. Evercore ISI upped their price target on shares of CBRE Group from $123.00 to $132.00 and gave the stock an "outperform" rating in a research note on Friday, October 4th. Morgan Stanley initiated coverage on shares of CBRE Group in a research note on Thursday, July 25th. They set an "equal weight" rating and a $105.00 price target on the stock. Wolfe Research raised shares of CBRE Group to a "strong-buy" rating in a research note on Friday, August 16th. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of CBRE Group from $125.00 to $138.00 and gave the stock a "market perform" rating in a research report on Tuesday, October 29th. Five research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $116.83.

CBRE Group Company Profile

CBRE Group, Inc operates as a commercial real estate services and investment company in the United States, the United Kingdom, and internationally. The Advisory Services segment offers strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing of offices, and industrial and retail space; clients fully integrated property sales services under the CBRE Capital Markets brand; clients commercial mortgage and structured financing services; originates and sells commercial mortgage loans; property management services, such as marketing, building engineering, accounting, and financial services on a contractual basis for owners of and investors in office, industrial, and retail properties; and valuation services that include market value appraisals, litigation support, discounted cash flow analyses, and feasibility studies, as well as consulting services, such as property condition reports, hotel advisory, and environmental consulting.