Siemens Fonds Invest GmbH Purchases 161,718 Shares of CBRE Group, Inc. (NYSE:CBRE)

Siemens Fonds Invest GmbH raised its stake in CBRE Group, Inc. (NYSE:CBRE - Free Report) by 3,995.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 165,766 shares of the financial services provider's stock after acquiring an additional 161,718 shares during the quarter. CBRE Group comprises 0.8% of Siemens Fonds Invest GmbH's holdings, making the stock its 17th largest position. Siemens Fonds Invest GmbH owned 0.06% of CBRE Group worth $21,677,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of CBRE. SBI Securities Co. Ltd. bought a new position in CBRE Group in the 4th quarter valued at about $25,000. Investment Management Corp VA ADV bought a new position in CBRE Group in the 4th quarter valued at about $28,000. Denver PWM LLC bought a new position in CBRE Group in the 4th quarter valued at about $29,000. Colonial Trust Co SC raised its holdings in CBRE Group by 183.7% in the 4th quarter. Colonial Trust Co SC now owns 278 shares of the financial services provider's stock valued at $36,000 after acquiring an additional 180 shares during the period. Finally, Larson Financial Group LLC raised its holdings in 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 acquiring an additional 281 shares during the period. 98.41% of the stock is owned by institutional investors.

Insider Transactions at CBRE Group

In related news, CFO Emma E. Giamartino sold 1,972 shares of CBRE Group stock in a transaction on Monday, May 19th. The shares were sold at an average price of $129.10, for a total transaction of $254,585.20. Following the completion of the transaction, the chief financial officer now owns 105,371 shares of the company's stock, valued at $13,603,396.10. This trade represents a 1.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Chad J. Doellinger sold 797 shares of CBRE Group stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $126.31, for a total transaction of $100,669.07. Following the transaction, the insider now directly owns 28,735 shares of the company's stock, valued at $3,629,517.85. This represents a 2.70% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 5,396 shares of company stock worth $685,649. Company insiders own 0.42% of the company's stock.

Wall Street Analysts Forecast Growth

CBRE has been the topic of several recent research reports. UBS Group lowered their target price on shares of CBRE Group from $146.00 to $130.00 and set a "neutral" rating on the stock in a report on Friday, April 11th. Keefe, Bruyette & Woods raised their target price on shares of CBRE Group from $129.00 to $131.00 and gave the stock a "market perform" rating in a report on Wednesday, April 30th. Morgan Stanley lowered their target price on shares of CBRE Group from $165.00 to $160.00 and set an "overweight" rating on the stock in a report on Thursday, April 24th. Wall Street Zen cut shares of CBRE Group from a "buy" rating to a "hold" rating in a report on Thursday, March 27th. Finally, JPMorgan Chase & Co. lowered their target price on shares of CBRE Group from $163.00 to $141.00 and set an "overweight" rating on the stock in a report on Thursday, April 10th. Three 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 data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $149.22.

CBRE Group Price Performance

NYSE:CBRE traded up $0.13 during mid-day trading on Friday, reaching $124.80. The stock had a trading volume of 5,352,242 shares, compared to its average volume of 1,849,556. The stock has a 50-day simple moving average of $123.48 and a two-hundred day simple moving average of $131.44. The stock has a market capitalization of $37.20 billion, a PE ratio of 39.75 and a beta of 1.30. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.07 and a quick ratio of 1.13. CBRE Group, Inc. has a 12 month low of $84.24 and a 12 month high of $147.75.

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

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.