Duality Advisers LP Has $286,000 Holdings in CBRE Group, Inc. (NYSE:CBRE)

Duality Advisers LP reduced its position in shares of CBRE Group, Inc. (NYSE:CBRE - Free Report) by 86.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,068 shares of the financial services provider's stock after selling 18,826 shares during the quarter. Duality Advisers LP's holdings in CBRE Group were worth $286,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CBRE. SG Americas Securities LLC grew its position in shares of CBRE Group by 78.8% during the 3rd quarter. SG Americas Securities LLC now owns 15,724 shares of the financial services provider's stock worth $1,161,000 after buying an additional 6,928 shares during the period. Caprock Group LLC grew its position in shares of CBRE Group by 27.6% during the 3rd quarter. Caprock Group LLC now owns 8,249 shares of the financial services provider's stock worth $609,000 after buying an additional 1,782 shares during the period. Czech National Bank grew its position in shares of CBRE Group by 47.2% during the 3rd quarter. Czech National Bank now owns 54,154 shares of the financial services provider's stock worth $4,000,000 after buying an additional 17,357 shares during the period. Handelsbanken Fonder AB grew its position in shares of CBRE Group by 3.3% during the 3rd quarter. Handelsbanken Fonder AB now owns 48,943 shares of the financial services provider's stock worth $3,615,000 after buying an additional 1,578 shares during the period. Finally, Ballentine Partners LLC grew its position in shares of CBRE Group by 10.3% during the 3rd quarter. Ballentine Partners LLC now owns 6,358 shares of the financial services provider's stock worth $470,000 after buying an additional 595 shares during the period. 98.41% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CFO Emma E. Giamartino sold 2,667 shares of the stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $93.53, for a total value of $249,444.51. Following the completion of the sale, the chief financial officer now owns 72,350 shares of the company's stock, valued at approximately $6,766,895.50. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other news, CEO John E. Durburg sold 25,000 shares of the stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $92.20, for a total value of $2,305,000.00. Following the completion of the sale, the chief executive officer now owns 207,856 shares of the company's stock, valued at approximately $19,164,323.20. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Emma E. Giamartino sold 2,667 shares of the stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $93.53, for a total value of $249,444.51. Following the completion of the sale, the chief financial officer now directly owns 72,350 shares of the company's stock, valued at approximately $6,766,895.50. The disclosure for this sale can be found here. Insiders sold a total of 39,592 shares of company stock valued at $3,675,752 in the last quarter. 0.54% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Raymond James boosted their price objective on CBRE Group from $95.00 to $103.00 and gave the company a "strong-buy" rating in a research report on Thursday, January 25th. Evercore ISI increased their target price on CBRE Group from $103.00 to $104.00 and gave the stock an "in-line" rating in a research note on Tuesday, April 2nd. Keefe, Bruyette & Woods increased their target price on CBRE Group from $96.00 to $100.00 and gave the stock a "market perform" rating in a research note on Friday, February 16th. Jefferies Financial Group assumed coverage on CBRE Group in a research note on Wednesday, April 10th. They set a "hold" rating and a $107.00 target price for the company. Finally, StockNews.com raised CBRE Group from a "hold" rating to a "buy" rating in a research note on Tuesday. Four equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $99.50.

CBRE Group Stock Up 0.4 %

NYSE:CBRE traded up $0.31 during trading hours on Friday, reaching $87.33. 1,083,082 shares of the stock were exchanged, compared to its average volume of 1,431,698. CBRE Group, Inc. has a twelve month low of $64.63 and a twelve month high of $98.65. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.17 and a quick ratio of 1.17. The firm has a 50 day moving average of $92.13 and a 200 day moving average of $85.39. The stock has a market cap of $26.81 billion, a PE ratio of 27.55 and a beta of 1.42.

CBRE Group (NYSE:CBRE - Get Free Report) last released its quarterly earnings results on Thursday, February 15th. The financial services provider reported $1.38 earnings per share for the quarter, topping analysts' consensus estimates of $1.21 by $0.17. CBRE Group had a return on equity of 13.69% and a net margin of 3.09%. The firm had revenue of $8.95 billion during the quarter, compared to the consensus estimate of $8.44 billion. During the same quarter in the prior year, the firm posted $1.33 EPS. The business's revenue was up 9.2% on a year-over-year basis. On average, equities analysts expect that CBRE Group, Inc. will post 4.45 earnings per share for the current 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.