Natixis Advisors LLC Has $136.74 Million Stock Holdings in CBRE Group, Inc. (NYSE:CBRE)

Natixis Advisors LLC increased its holdings in CBRE Group, Inc. (NYSE:CBRE - Free Report) by 15.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,041,495 shares of the financial services provider's stock after buying an additional 141,787 shares during the quarter. Natixis Advisors LLC owned about 0.34% of CBRE Group worth $136,738,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. acquired a new stake in shares of CBRE Group in the 4th quarter worth approximately $25,000. Canton Hathaway LLC acquired a new stake in CBRE Group in the third quarter worth approximately $27,000. Denver PWM LLC acquired a new stake in CBRE Group in the fourth quarter worth approximately $29,000. Ashton Thomas Securities LLC bought a new position in CBRE Group during the 3rd quarter valued at $32,000. Finally, Larson Financial Group LLC increased its position in shares of CBRE Group by 610.9% during the 4th quarter. Larson Financial Group LLC now owns 327 shares of the financial services provider's stock valued at $43,000 after purchasing an additional 281 shares during the period. 98.41% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at CBRE Group

In related news, insider Chad J. Doellinger sold 797 shares of CBRE Group 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 completion of the sale, the insider now owns 28,735 shares of the company's stock, valued at approximately $3,629,517.85. This trade represents a 2.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.54% of the stock is currently owned by insiders.

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CBRE Group Stock Up 1.9 %

Shares of CBRE Group stock traded up $2.42 during midday trading on Wednesday, hitting $128.73. The company's stock had a trading volume of 2,341,129 shares, compared to its average volume of 1,663,546. CBRE Group, Inc. has a 1-year low of $84.24 and a 1-year high of $147.75. 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 $38.62 billion, a P/E ratio of 41.00 and a beta of 1.42. The stock has a 50-day simple moving average of $137.24 and a 200-day simple moving average of $131.46.

CBRE Group (NYSE:CBRE - Get Free Report) last announced 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 return on equity of 16.96% and a net margin of 2.71%. As a group, sell-side analysts expect that CBRE Group, Inc. will post 5.99 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Jefferies Financial Group raised CBRE Group from a "hold" rating to a "buy" rating and raised their target price for the company from $133.00 to $152.00 in a research note on Thursday, January 2nd. Keefe, Bruyette & Woods lifted their price objective on shares of CBRE Group from $142.00 to $145.00 and gave the stock a "market perform" rating in a research note on Friday, February 14th. Citigroup increased their target price on shares of CBRE Group from $130.00 to $160.00 and gave the company a "buy" rating in a research note on Monday, November 25th. JPMorgan Chase & Co. upgraded shares of CBRE Group from a "neutral" rating to an "overweight" rating and raised their target price for the stock from $120.00 to $163.00 in a report on Monday, December 16th. Finally, Raymond James downgraded CBRE Group from a "strong-buy" rating to an "outperform" rating and cut their price objective for the company 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 issued 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.

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.