Van Lanschot Kempen Investment Management N.V. Lowers Stock Holdings in CBRE Group, Inc. (NYSE:CBRE)

Van Lanschot Kempen Investment Management N.V. cut its holdings in CBRE Group, Inc. (NYSE:CBRE - Free Report) by 22.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 201,169 shares of the financial services provider's stock after selling 58,032 shares during the period. Van Lanschot Kempen Investment Management N.V. owned 0.07% of CBRE Group worth $26,411,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of CBRE. SBI Securities Co. Ltd. bought a new position in shares of CBRE Group in the fourth quarter worth approximately $25,000. Denver PWM LLC purchased a new position in shares of CBRE Group in the fourth quarter valued at about $29,000. Larson Financial Group LLC boosted its stake in shares of CBRE Group by 610.9% in the fourth quarter. Larson Financial Group LLC now owns 327 shares of the financial services provider's stock worth $43,000 after acquiring an additional 281 shares during the period. Catalyst Capital Advisors LLC grew its position in shares of CBRE Group by 190.4% during the fourth quarter. Catalyst Capital Advisors LLC now owns 363 shares of the financial services provider's stock worth $48,000 after purchasing an additional 238 shares in the last quarter. Finally, Runnymede Capital Advisors Inc. bought a new stake in CBRE Group during the 4th quarter valued at approximately $58,000. Hedge funds and other institutional investors own 98.41% of the company's stock.

CBRE Group Stock Down 1.6 %

Shares of CBRE Group stock traded down $2.00 during trading on Friday, hitting $120.88. 1,715,594 shares of the stock traded hands, compared to its average volume of 2,025,356. The company has a current ratio of 1.07, a quick ratio of 1.13 and a debt-to-equity ratio of 0.35. The stock's fifty day simple moving average is $128.10 and its 200 day simple moving average is $131.93. The firm has a market cap of $36.25 billion, a P/E ratio of 38.50 and a beta of 1.26. CBRE Group, Inc. has a 52-week low of $84.24 and a 52-week high of $147.75.

CBRE Group (NYSE:CBRE - Get Free Report) last announced its earnings results on Thursday, April 24th. The financial services provider reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.05. The business had revenue of $8.91 billion for the quarter, compared to analysts' expectations of $8.73 billion. CBRE Group had a return on equity of 16.96% and a net margin of 2.71%. On average, equities analysts predict that CBRE Group, Inc. will post 5.99 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have weighed in on CBRE. Evercore ISI dropped their price target on CBRE Group from $147.00 to $141.00 and set an "outperform" rating for the company in a research note on Monday, January 13th. Keefe, Bruyette & Woods dropped their target price on shares of CBRE Group from $145.00 to $129.00 and set a "market perform" rating for the company in a research report on Thursday, April 17th. StockNews.com downgraded shares of CBRE Group from a "buy" rating to a "hold" rating in a report on Thursday, March 27th. Raymond James downgraded shares of CBRE Group from a "strong-buy" rating to an "outperform" rating and dropped their price objective for the company from $155.00 to $152.00 in a report on Friday, January 24th. Finally, UBS Group reduced their target price on CBRE Group from $146.00 to $130.00 and set a "neutral" rating on the stock in a report on Friday, April 11th. Three analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $149.00.

Insider Activity

In other CBRE Group news, CFO Emma E. Giamartino sold 2,000 shares of the business's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $125.69, for a total transaction of $251,380.00. Following the sale, the chief financial officer now owns 107,343 shares in the company, valued at approximately $13,491,941.67. The trade was a 1.83 % 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, insider Chad J. Doellinger sold 797 shares of the firm's stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $126.31, for a total value of $100,669.07. Following the completion of the transaction, the insider now owns 28,735 shares of the company's stock, valued at approximately $3,629,517.85. The trade was a 2.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.42% of the company's stock.

CBRE Group 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.