Generali Investments Towarzystwo Funduszy Inwestycyjnych Lowers Stock Position in CBRE Group, Inc. (NYSE:CBRE)

Generali Investments Towarzystwo Funduszy Inwestycyjnych lessened its holdings in shares of CBRE Group, Inc. (NYSE:CBRE - Free Report) by 18.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,500 shares of the financial services provider's stock after selling 2,200 shares during the period. Generali Investments Towarzystwo Funduszy Inwestycyjnych's holdings in CBRE Group were worth $1,247,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Canton Hathaway LLC purchased a new stake in shares of CBRE Group during the 3rd quarter worth $27,000. Denver PWM LLC purchased a new position in shares of CBRE Group in the 4th quarter valued at about $29,000. Ashton Thomas Securities LLC acquired a new stake in shares of CBRE Group in the third quarter valued at about $32,000. Catalyst Capital Advisors LLC boosted its holdings in 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 buying an additional 238 shares in the last quarter. Finally, CENTRAL TRUST Co grew its position in CBRE Group by 165.9% during the fourth quarter. CENTRAL TRUST Co now owns 484 shares of the financial services provider's stock worth $64,000 after buying an additional 302 shares during the period. Hedge funds and other institutional investors own 98.41% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on CBRE. Keefe, Bruyette & Woods lifted their price target on shares of CBRE Group from $142.00 to $145.00 and gave the company a "market perform" rating in a research report on Friday, February 14th. Jefferies Financial Group raised CBRE Group from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $133.00 to $152.00 in a report on Thursday, January 2nd. Morgan Stanley upped their target price on CBRE Group from $160.00 to $165.00 and gave the company an "overweight" rating in a report on Wednesday, February 19th. JPMorgan Chase & Co. upgraded CBRE Group from a "neutral" rating to an "overweight" rating and raised their price target for the company from $120.00 to $163.00 in a research report on Monday, December 16th. Finally, Raymond James lowered shares of CBRE Group from a "strong-buy" rating to an "outperform" rating and decreased their price objective for the stock from $155.00 to $152.00 in a research report on Friday, January 24th. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $149.89.

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CBRE Group Price Performance

Shares of NYSE:CBRE traded down $1.38 on Monday, hitting $140.56. The company had a trading volume of 1,333,713 shares, compared to its average volume of 1,842,598. The company has a market cap of $42.17 billion, a PE ratio of 44.76 and a beta of 1.39. The business has a 50 day moving average of $137.32 and a 200 day moving average of $130.03. CBRE Group, Inc. has a 52-week low of $84.24 and a 52-week high of $147.75. The company has a current ratio of 1.07, a quick ratio of 1.13 and a debt-to-equity ratio of 0.35.

CBRE Group (NYSE:CBRE - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The financial services provider reported $2.32 earnings per share (EPS) for the quarter, topping the consensus estimate 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, equities analysts anticipate that CBRE Group, Inc. will post 5.99 earnings per share for the current fiscal year.

About CBRE Group

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.