CBRE Group Inc (NYSE:CBRE) Director Curtis F. Feeny sold 4,000 shares of the stock in a transaction on Friday, May 17th. The stock was sold at an average price of $47.25, for a total transaction of $189,000.00. Following the transaction, the director now owns 8,444 shares in the company, valued at approximately $398,979. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

NYSE:CBRE opened at $47.35 on Friday. CBRE Group Inc has a 1 year low of $37.45 and a 1 year high of $52.41. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $15.91 billion, a P/E ratio of 14.44, a PEG ratio of 1.19 and a beta of 1.71.

CBRE Group (NYSE:CBRE) last posted its earnings results on Wednesday, May 8th. The financial services provider reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.20. CBRE Group had a net margin of 4.94% and a return on equity of 24.72%. The business had revenue of $5.14 billion for the quarter, compared to analyst estimates of $5.09 billion. During the same period last year, the business posted $0.54 EPS. CBRE Group’s revenue was up 9.9% compared to the same quarter last year. Research analysts forecast that CBRE Group Inc will post 3.61 EPS for the current year.

Several research analysts have recently commented on the stock. Zacks Investment Research upgraded shares of CBRE Group from a “sell” rating to a “hold” rating in a research note on Wednesday, January 30th. William Blair restated an “outperform” rating on shares of CBRE Group in a research note on Wednesday, February 13th. JMP Securities restated a “hold” rating on shares of CBRE Group in a research note on Monday, March 11th. Finally, Bank of America set a $54.00 price target on shares of CBRE Group and gave the stock a “hold” rating in a research note on Friday, March 8th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $56.33.

Large investors have recently bought and sold shares of the stock. Cetera Advisors LLC lifted its holdings in shares of CBRE Group by 2.3% during the 1st quarter. Cetera Advisors LLC now owns 11,557 shares of the financial services provider’s stock worth $572,000 after acquiring an additional 257 shares during the period. Wealthfront Advisers LLC lifted its holdings in shares of CBRE Group by 3.5% during the 1st quarter. Wealthfront Advisers LLC now owns 7,655 shares of the financial services provider’s stock worth $379,000 after acquiring an additional 260 shares during the period. HGK Asset Management Inc. lifted its holdings in shares of CBRE Group by 2.7% during the 4th quarter. HGK Asset Management Inc. now owns 9,873 shares of the financial services provider’s stock worth $395,000 after acquiring an additional 263 shares during the period. Patten Group Inc. lifted its holdings in shares of CBRE Group by 20.2% during the 4th quarter. Patten Group Inc. now owns 1,580 shares of the financial services provider’s stock worth $63,000 after acquiring an additional 265 shares during the period. Finally, Kornitzer Capital Management Inc. KS lifted its holdings in shares of CBRE Group by 0.4% during the 1st quarter. Kornitzer Capital Management Inc. KS now owns 66,615 shares of the financial services provider’s stock worth $3,294,000 after acquiring an additional 268 shares during the period. Institutional investors and hedge funds own 94.87% of the company’s stock.

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CBRE Group Company Profile

CBRE Group, Inc operates as a commercial real estate services and investment company worldwide. It operates through Americas; Europe, Middle East and Africa; Asia Pacific; Global Investment Management; and Development Services segments. The company offers strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing; integrated property sales, and mortgage and structured financing services under the CBRE Capital Markets brand; 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.

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