CBRE Group, Inc. (NYSE:CBRE) Shares Acquired by Guggenheim Capital LLC

Guggenheim Capital LLC boosted its stake in shares of CBRE Group, Inc. (NYSE:CBRE - Free Report) by 62.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,757 shares of the financial services provider's stock after acquiring an additional 4,141 shares during the quarter. Guggenheim Capital LLC's holdings in CBRE Group were worth $1,412,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in CBRE. SBI Securities Co. Ltd. bought a new position in CBRE Group in the 4th quarter worth about $25,000. Denver PWM LLC acquired a new position in shares of CBRE Group during the fourth quarter worth $29,000. Larson Financial Group LLC raised its stake in CBRE Group by 610.9% in 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 stake in CBRE Group by 190.4% in the 4th quarter. Catalyst Capital Advisors LLC now owns 363 shares of the financial services provider's stock worth $48,000 after purchasing an additional 238 shares in the last quarter. Finally, Runnymede Capital Advisors Inc. acquired a new position in shares of CBRE Group in the 4th quarter valued at $58,000. 98.41% of the stock is owned by institutional investors.

Insider Activity at CBRE Group

In related news, insider Chad J. Doellinger sold 797 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $126.31, for a total value of $100,669.07. Following the completion of the sale, the insider now directly owns 28,735 shares in the company, valued at approximately $3,629,517.85. The trade was a 2.70 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Emma E. Giamartino sold 2,000 shares of the company's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $125.69, for a total value of $251,380.00. Following the sale, the chief financial officer now owns 107,343 shares of the company's stock, valued at $13,491,941.67. This represents a 1.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.42% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently commented on CBRE. JPMorgan Chase & Co. dropped their price objective 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. Jefferies Financial Group raised shares of CBRE Group from a "hold" rating to a "buy" rating and boosted their price target for the stock from $133.00 to $152.00 in a report on Thursday, January 2nd. Keefe, Bruyette & Woods lowered their price target on CBRE Group from $145.00 to $129.00 and set a "market perform" rating on the stock in a research note on Thursday, April 17th. Evercore ISI dropped their price objective on shares of CBRE Group from $147.00 to $141.00 and set an "outperform" rating for the company in a research note on Monday, January 13th. Finally, UBS Group lowered their price target on shares of CBRE Group from $146.00 to $130.00 and set a "neutral" rating on the stock in a research report on Friday, April 11th. 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. According to MarketBeat, CBRE Group presently has a consensus rating of "Moderate Buy" and an average target price of $149.00.

CBRE Group Stock Down 1.6 %

Shares of NYSE CBRE traded down $2.00 during midday trading on Friday, hitting $120.88. 1,715,604 shares of the company's stock were exchanged, compared to its average volume of 1,828,893. The company has a market cap of $36.25 billion, a PE ratio of 38.50 and a beta of 1.26. CBRE Group, Inc. has a twelve month low of $84.24 and a twelve month high of $147.75. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.07 and a quick ratio of 1.13. The firm's fifty day simple moving average is $127.65 and its 200-day simple moving average is $132.10.

CBRE Group (NYSE:CBRE - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The financial services provider reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.05. CBRE Group had a net margin of 2.71% and a return on equity of 16.96%. The company had revenue of $8.91 billion for the quarter, compared to the consensus estimate of $8.73 billion. Research analysts predict 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.