Schroder Investment Management Group Has $68.23 Million Stake in CBRE Group, Inc. (NYSE:CBRE)

Schroder Investment Management Group lifted its holdings in shares of CBRE Group, Inc. (NYSE:CBRE - Free Report) by 14.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 523,780 shares of the financial services provider's stock after purchasing an additional 68,107 shares during the quarter. Schroder Investment Management Group owned approximately 0.17% of CBRE Group worth $68,233,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Meridian Wealth Management LLC lifted its holdings in CBRE Group by 1.4% in the 4th quarter. Meridian Wealth Management LLC now owns 5,192 shares of the financial services provider's stock worth $682,000 after purchasing an additional 71 shares during the last quarter. Gilbert & Cook Inc. raised its position in shares of CBRE Group by 1.4% in the fourth quarter. Gilbert & Cook Inc. now owns 5,448 shares of the financial services provider's stock valued at $715,000 after purchasing an additional 75 shares during the period. Signaturefd LLC lifted its stake in shares of CBRE Group by 2.0% in the fourth quarter. Signaturefd LLC now owns 5,074 shares of the financial services provider's stock worth $666,000 after buying an additional 99 shares during the last quarter. IFP Advisors Inc boosted its holdings in shares of CBRE Group by 9.1% during the 4th quarter. IFP Advisors Inc now owns 1,203 shares of the financial services provider's stock worth $158,000 after buying an additional 100 shares during the period. Finally, Fidelis Capital Partners LLC grew its stake in CBRE Group by 2.6% in the 4th quarter. Fidelis Capital Partners LLC now owns 4,098 shares of the financial services provider's stock valued at $584,000 after buying an additional 104 shares during the last quarter. Institutional investors own 98.41% of the company's stock.

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Insider Buying and Selling

In other news, insider Chad J. Doellinger sold 797 shares of the company's stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $126.31, for a total transaction of $100,669.07. Following the transaction, the insider now owns 28,735 shares of the company's stock, valued at $3,629,517.85. This represents a 2.70 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Emma E. Giamartino sold 2,000 shares of CBRE Group stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $125.69, for a total value of $251,380.00. Following the completion of the sale, the chief financial officer now owns 107,343 shares of the company's stock, valued at approximately $13,491,941.67. The trade was a 1.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.54% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on CBRE shares. Jefferies Financial Group raised shares of CBRE Group from a "hold" rating to a "buy" rating and boosted their target price for the stock from $133.00 to $152.00 in a research report on Thursday, January 2nd. StockNews.com cut CBRE Group from a "buy" rating to a "hold" rating in a research report on Thursday, March 27th. Keefe, Bruyette & Woods raised their target price on CBRE Group from $142.00 to $145.00 and gave the company a "market perform" rating in a report on Friday, February 14th. JPMorgan Chase & Co. upgraded CBRE Group from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $120.00 to $163.00 in a report on Monday, December 16th. Finally, Evercore ISI reduced their price objective on CBRE Group from $147.00 to $141.00 and set an "outperform" rating for the company in a research report on Monday, January 13th. Three equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $149.89.

CBRE Group Stock Performance

Shares of NYSE CBRE traded down $6.02 during trading hours on Friday, reaching $117.82. The stock had a trading volume of 2,543,359 shares, compared to its average volume of 1,775,171. The company has a market cap of $35.35 billion, a price-to-earnings ratio of 37.52 and a beta of 1.26. CBRE Group, Inc. has a twelve month low of $84.24 and a twelve month high of $147.75. The business's fifty day moving average is $136.28 and its two-hundred day moving average is $132.57. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.07 and a quick ratio of 1.13.

CBRE Group (NYSE:CBRE - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The financial services provider reported $2.32 EPS for the quarter, topping analysts' consensus estimates of $2.20 by $0.12. CBRE Group had a net margin of 2.71% and a return on equity of 16.96%. As a group, research analysts expect that CBRE Group, Inc. will post 5.99 EPS for the current year.

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.