Chapman Financial Group LLC Acquires Shares of 10,416 CBRE Group, Inc. (NYSE:CBRE)

Chapman Financial Group LLC purchased a new stake in CBRE Group, Inc. (NYSE:CBRE - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,416 shares of the financial services provider's stock, valued at approximately $1,368,000. CBRE Group makes up approximately 1.1% of Chapman Financial Group LLC's portfolio, making the stock its 27th largest holding.

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

Insider Transactions at CBRE Group

In other CBRE Group news, CFO Emma E. Giamartino sold 2,000 shares of CBRE Group stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $125.69, for a total value of $251,380.00. Following the completion of the sale, the chief financial officer now directly owns 107,343 shares in the company, valued at approximately $13,491,941.67. The trade was a 1.83 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Chad J. Doellinger sold 494 shares of the stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $126.05, for a total value of $62,268.70. Following the transaction, the insider now owns 27,945 shares in the company, valued at $3,522,467.25. The trade was a 1.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,424 shares of company stock worth $431,064 over the last three months. 0.42% of the stock is owned by company insiders.

CBRE Group Trading Up 0.9 %

NYSE:CBRE traded up $1.17 during trading hours on Wednesday, hitting $125.05. 1,081,461 shares of the company were exchanged, compared to its average volume of 1,810,931. The company has a fifty day simple moving average of $125.06 and a 200 day simple moving average of $131.99. CBRE Group, Inc. has a one year low of $84.24 and a one year high of $147.75. The stock has a market capitalization of $37.28 billion, a price-to-earnings ratio of 39.82 and a beta of 1.30. The company has a current ratio of 1.07, a quick ratio of 1.13 and a debt-to-equity ratio of 0.35.

CBRE Group (NYSE:CBRE - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The financial services provider reported $0.86 EPS for the quarter, topping analysts' consensus estimates of $0.81 by $0.05. The company had revenue of $8.91 billion for the quarter, compared to analyst estimates of $8.73 billion. CBRE Group had a return on equity of 16.96% and a net margin of 2.71%. The firm's quarterly revenue was up 12.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.78 earnings per share. Sell-side analysts expect that CBRE Group, Inc. will post 5.99 EPS for the current fiscal year.

Wall Street Analyst Weigh In

CBRE has been the topic of a number of research analyst reports. Raymond James downgraded CBRE Group from a "strong-buy" rating to an "outperform" rating and reduced their target price for the company from $155.00 to $152.00 in a report on Friday, January 24th. Keefe, Bruyette & Woods boosted their target price on CBRE Group from $129.00 to $131.00 and gave the stock a "market perform" rating in a research note on Wednesday, April 30th. Evercore ISI reduced their price target 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. Morgan Stanley lowered their price objective on shares of CBRE Group from $165.00 to $160.00 and set an "overweight" rating for the company in a research report on Thursday, April 24th. Finally, StockNews.com lowered shares of CBRE Group from a "buy" rating to a "hold" rating in a research report on Thursday, March 27th. Three equities research 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.com, the company presently has an average rating of "Moderate Buy" and an average target price of $149.22.

About CBRE Group

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.