United Capital Financial Advisors LLC Acquires 184 Shares of CBRE Group, Inc. (NYSE:CBRE)

United Capital Financial Advisors LLC raised its stake in shares of CBRE Group, Inc. (NYSE:CBRE) by 1.9% during the 4th quarter, Holdings Channel reports. The fund owned 9,680 shares of the financial services provider’s stock after purchasing an additional 184 shares during the period. United Capital Financial Advisors LLC’s holdings in CBRE Group were worth $1,271,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. SBI Securities Co. Ltd. bought a new stake in CBRE Group during the fourth quarter valued at about $25,000. Denver PWM LLC bought a new position in CBRE Group in the fourth quarter worth about $29,000. Larson Financial Group LLC lifted its position in shares of CBRE Group by 610.9% during the fourth quarter. Larson Financial Group LLC now owns 327 shares of the financial services provider’s stock valued at $43,000 after buying an additional 281 shares during the last quarter. Catalyst Capital Advisors LLC boosted its holdings in shares of CBRE Group by 190.4% in the 4th quarter. Catalyst Capital Advisors LLC now owns 363 shares of the financial services provider’s stock valued at $48,000 after buying an additional 238 shares in the last quarter. Finally, Runnymede Capital Advisors Inc. purchased a new position in shares of CBRE Group in the 4th quarter worth approximately $58,000. Institutional investors own 98.41% of the company’s stock.

Insiders Place Their Bets

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

CBRE Group Trading Up 0.2 %

CBRE Group stock opened at $117.45 on Friday. CBRE Group, Inc. has a 52 week low of $84.24 and a 52 week high of $147.75. The stock has a 50-day moving average price of $129.97 and a 200 day moving average price of $132.00. 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 company has a market capitalization of $35.22 billion, a price-to-earnings ratio of 37.41 and a beta of 1.26.

CBRE Group (NYSE:CBRE) last released its quarterly earnings data on Thursday, February 13th. The financial services provider reported $2.32 EPS for the quarter, beating 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%. Sell-side analysts anticipate that CBRE Group, Inc. will post 5.99 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on CBRE shares. Morgan Stanley increased their target price on shares of CBRE Group from $160.00 to $165.00 and gave the company an “overweight” rating in a research report on Wednesday, February 19th. UBS Group decreased their price objective on CBRE Group from $146.00 to $130.00 and set a “neutral” rating for the company in a report on Friday, April 11th. StockNews.com lowered CBRE Group from a “buy” rating to a “hold” rating in a research report on Thursday, March 27th. Raymond James downgraded CBRE Group from a “strong-buy” rating to an “outperform” rating and lowered their price target for the stock from $155.00 to $152.00 in a report on Friday, January 24th. Finally, Keefe, Bruyette & Woods cut their price objective on shares of CBRE Group from $145.00 to $129.00 and set a “market perform” rating on the stock in a report on Thursday. Three investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, CBRE Group presently has an average rating of “Moderate Buy” and a consensus target price of $149.56.

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.