Carnick & Kubik Group LLC bought a new position in shares of CBRE Group Inc (NYSE:CBG) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 107,585 shares of the financial services provider’s stock, valued at approximately $4,660,000.

Several other institutional investors also recently modified their holdings of CBG. Prudential Financial Inc. lifted its holdings in CBRE Group by 3.7% in the third quarter. Prudential Financial Inc. now owns 3,761,965 shares of the financial services provider’s stock valued at $142,503,000 after acquiring an additional 135,037 shares during the last quarter. Hosking Partners LLP lifted its holdings in CBRE Group by 0.5% in the third quarter. Hosking Partners LLP now owns 2,436,782 shares of the financial services provider’s stock valued at $92,305,000 after acquiring an additional 11,712 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in CBRE Group by 4.4% in the third quarter. Dimensional Fund Advisors LP now owns 1,658,250 shares of the financial services provider’s stock valued at $62,814,000 after acquiring an additional 70,004 shares during the last quarter. Legal & General Group Plc lifted its holdings in CBRE Group by 4.6% in the third quarter. Legal & General Group Plc now owns 1,540,359 shares of the financial services provider’s stock valued at $58,349,000 after acquiring an additional 67,625 shares during the last quarter. Finally, Hahn Capital Management LLC lifted its holdings in CBRE Group by 1.0% in the third quarter. Hahn Capital Management LLC now owns 1,170,732 shares of the financial services provider’s stock valued at $44,347,000 after acquiring an additional 11,091 shares during the last quarter. Institutional investors and hedge funds own 94.44% of the company’s stock.

In other CBRE Group news, insider Valueact Capital Master Fund, sold 882,206 shares of the business’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $42.84, for a total value of $37,793,705.04. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Frederic V. Malek sold 6,900 shares of the business’s stock in a transaction that occurred on Tuesday, December 12th. The shares were sold at an average price of $43.28, for a total value of $298,632.00. Following the completion of the sale, the director now directly owns 267,446 shares in the company, valued at approximately $11,575,062.88. The disclosure for this sale can be found here. In the last three months, insiders sold 2,960,687 shares of company stock worth $126,486,405. 1.00% of the stock is owned by corporate insiders.

Shares of CBRE Group Inc (NYSE:CBG) opened at $43.15 on Tuesday. The stock has a market capitalization of $14,223.34, a P/E ratio of 15.46, a price-to-earnings-growth ratio of 1.05 and a beta of 1.83. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.08 and a quick ratio of 1.28. CBRE Group Inc has a 12-month low of $32.30 and a 12-month high of $46.60.

CBRE Group (NYSE:CBG) last announced its earnings results on Thursday, February 8th. The financial services provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.06. The company had revenue of $4.34 billion for the quarter, compared to analyst estimates of $4.12 billion. CBRE Group had a return on equity of 25.03% and a net margin of 4.87%. The firm’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.93 earnings per share. equities research analysts expect that CBRE Group Inc will post 3.08 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 22nd. Shareholders of record on Monday, April 23rd will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.32%.

A number of research analysts recently commented on the company. ValuEngine upgraded CBRE Group from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Zacks Investment Research upgraded CBRE Group from a “hold” rating to a “buy” rating and set a $48.00 price objective on the stock in a report on Friday. Wedbush reiterated an “outperform” rating and issued a $46.50 price objective on shares of CBRE Group in a report on Monday. William Blair reiterated an “outperform” rating on shares of CBRE Group in a report on Friday, February 2nd. Finally, Raymond James Financial assumed coverage on CBRE Group in a report on Tuesday, February 6th. They issued an “outperform” rating and a $55.00 price objective on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $46.56.

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About CBRE Group

CBRE Group, Inc is a holding company that conducts all of its operations through its subsidiaries. The Company operates as a commercial real estate services and investment company. The Company operates through the segments: The Americas; Europe, Middle East and Africa (EMEA); Asia Pacific; Global Investment Management, and Development Services.

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Institutional Ownership by Quarter for CBRE Group (NYSE:CBG)

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