Robeco Institutional Asset Management B.V. Has $363.24 Million Holdings in CBRE Group, Inc. (NYSE:CBRE)

Robeco Institutional Asset Management B.V. lessened its stake in shares of CBRE Group, Inc. (NYSE:CBRE - Free Report) by 6.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,777,492 shares of the financial services provider's stock after selling 206,375 shares during the period. CBRE Group comprises 0.7% of Robeco Institutional Asset Management B.V.'s investment portfolio, making the stock its 27th largest holding. Robeco Institutional Asset Management B.V. owned about 0.93% of CBRE Group worth $363,240,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of CBRE. Norges Bank acquired a new stake in CBRE Group during the 4th quarter worth about $514,609,000. Artisan Partners Limited Partnership grew its stake in CBRE Group by 290.0% during the 4th quarter. Artisan Partners Limited Partnership now owns 4,050,089 shares of the financial services provider's stock valued at $531,736,000 after acquiring an additional 3,011,566 shares in the last quarter. Alphinity Investment Management Pty Ltd purchased a new position in CBRE Group during the 4th quarter valued at about $190,695,000. GAMMA Investing LLC grew its stake in CBRE Group by 20,889.0% during the 1st quarter. GAMMA Investing LLC now owns 1,291,453 shares of the financial services provider's stock valued at $168,896,000 after acquiring an additional 1,285,300 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its stake in CBRE Group by 11,750.8% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,232,962 shares of the financial services provider's stock valued at $161,876,000 after acquiring an additional 1,222,558 shares in the last quarter. Institutional investors and hedge funds own 98.41% of the company's stock.

Insiders Place Their Bets

In other CBRE Group news, insider Chad J. Doellinger sold 494 shares of the company's stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $126.05, for a total transaction of $62,268.70. Following the completion of the sale, the insider now owns 27,945 shares of the company's stock, valued at $3,522,467.25. This represents a 1.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Lindsey S. Caplan sold 1,935 shares of the company's stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $140.00, for a total value of $270,900.00. Following the transaction, the chief accounting officer now owns 20,131 shares of the company's stock, valued at approximately $2,818,340. This trade represents a 8.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 6,031 shares of company stock valued at $814,080 over the last 90 days. 0.42% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

CBRE has been the topic of several research analyst reports. Keefe, Bruyette & Woods lifted their target price on CBRE Group from $129.00 to $131.00 and gave the company a "market perform" rating in a research note on Wednesday, April 30th. Wall Street Zen cut CBRE Group from a "buy" rating to a "hold" rating in a research note on Saturday, June 14th. Morgan Stanley reaffirmed an "overweight" rating and set a $170.00 target price (up previously from $160.00) on shares of CBRE Group in a research note on Thursday, June 12th. UBS Group lowered their target price on CBRE Group from $146.00 to $130.00 and set a "neutral" rating on the stock in a research note on Friday, April 11th. Finally, JPMorgan Chase & Co. lowered their target price on CBRE Group from $163.00 to $141.00 and set an "overweight" rating on the stock in a research note on Thursday, April 10th. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, CBRE Group currently has an average rating of "Moderate Buy" and a consensus target price of $150.33.

CBRE Group Stock Up 1.0%

Shares of NYSE CBRE traded up $1.32 during trading hours on Friday, hitting $139.41. The stock had a trading volume of 2,667,164 shares, compared to its average volume of 1,814,380. The company has a market capitalization of $41.56 billion, a P/E ratio of 42.63 and a beta of 1.29. The firm's 50-day moving average price is $127.36 and its two-hundred day moving average price is $130.95. CBRE Group, Inc. has a 52 week low of $85.74 and a 52 week high of $147.75. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.00 and a current ratio of 1.00.

CBRE Group (NYSE:CBRE - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The financial services provider reported $0.86 EPS for the quarter, beating the consensus estimate of $0.81 by $0.05. The business had revenue of $8.91 billion during the quarter, compared to analysts' expectations of $8.73 billion. CBRE Group had a return on equity of 17.37% and a net margin of 2.74%. The firm's quarterly revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.78 EPS. Analysts anticipate that CBRE Group, Inc. will post 5.99 EPS for the current fiscal year.

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.