CBRE Group, Inc. (NYSE:CBRE) Position Lifted by Hahn Capital Management LLC

Hahn Capital Management LLC grew its holdings in CBRE Group, Inc. (NYSE:CBRE - Free Report) by 47.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 115,029 shares of the financial services provider's stock after acquiring an additional 37,179 shares during the quarter. CBRE Group accounts for approximately 6.6% of Hahn Capital Management LLC's investment portfolio, making the stock its biggest position. Hahn Capital Management LLC's holdings in CBRE Group were worth $15,102,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Canton Hathaway LLC acquired a new position in CBRE Group during the 3rd quarter worth approximately $27,000. Denver PWM LLC bought a new stake in CBRE Group in the fourth quarter worth approximately $29,000. Ashton Thomas Securities LLC acquired a new position in shares of CBRE Group during the 3rd quarter valued at $32,000. Catalyst Capital Advisors LLC raised its holdings 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 valued at $48,000 after purchasing an additional 238 shares during the period. Finally, CENTRAL TRUST Co raised its position in shares of 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 purchasing an additional 302 shares during the period. Institutional investors own 98.41% of the company's stock.

Analyst Upgrades and Downgrades

CBRE has been the topic of several recent analyst reports. Morgan Stanley lifted their target price on shares of CBRE Group from $160.00 to $165.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 19th. Keefe, Bruyette & Woods lifted their price target on CBRE Group from $142.00 to $145.00 and gave the company a "market perform" rating in a research report on Friday, February 14th. The Goldman Sachs Group began coverage on shares of CBRE Group in a research report on Friday, December 6th. They set a "buy" rating and a $176.00 price target for the company. Evercore ISI lowered their target price on shares of CBRE Group from $147.00 to $141.00 and set an "outperform" rating on the stock in a research note on Monday, January 13th. Finally, Jefferies Financial Group upgraded CBRE Group from a "hold" rating to a "buy" rating and upped their price objective for the stock from $133.00 to $152.00 in a report on Thursday, January 2nd. Three 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 company's stock. Based on data from MarketBeat.com, CBRE Group currently has an average rating of "Moderate Buy" and a consensus price target of $149.89.

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CBRE Group Trading Down 1.0 %

CBRE traded down $1.38 during trading hours on Monday, reaching $140.56. 1,333,713 shares of the company's stock traded hands, compared to its average volume of 1,842,598. The firm has a 50-day moving average price of $137.32 and a 200 day moving average price of $130.03. The company has a quick ratio of 1.13, a current ratio of 1.07 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $42.17 billion, a PE ratio of 44.76 and a beta of 1.39. 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 posted its earnings results on Thursday, February 13th. The financial services provider reported $2.32 EPS for the quarter, beating 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, sell-side analysts predict that CBRE Group, Inc. will post 5.99 EPS for the current fiscal year.

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.