Natixis Advisors L.P. Buys 39,772 Shares of CBRE Group, Inc. (NYSE:CBRE)

Natixis Advisors L.P. grew its position in shares of CBRE Group, Inc. (NYSE:CBRE - Free Report) by 7.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 591,262 shares of the financial services provider's stock after acquiring an additional 39,772 shares during the quarter. Natixis Advisors L.P. owned about 0.19% of CBRE Group worth $55,039,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Cary Street Partners Investment Advisory LLC increased its position in CBRE Group by 190.6% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 497 shares of the financial services provider's stock valued at $37,000 after acquiring an additional 326 shares during the period. Headinvest LLC acquired a new position in shares of CBRE Group during the third quarter valued at $44,000. Turtle Creek Wealth Advisors LLC acquired a new position in shares of CBRE Group during the fourth quarter valued at $45,000. Bruce G. Allen Investments LLC bought a new stake in shares of CBRE Group during the fourth quarter valued at about $48,000. Finally, Planned Solutions Inc. acquired a new stake in CBRE Group in the fourth quarter worth about $52,000. Institutional investors own 98.41% of the company's stock.

CBRE Group Trading Down 0.2 %

CBRE traded down $0.18 during trading on Friday, reaching $86.61. The company had a trading volume of 2,301,063 shares, compared to its average volume of 1,585,100. The firm's 50-day simple moving average is $91.70 and its 200 day simple moving average is $85.80. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.17 and a current ratio of 1.17. The company has a market cap of $26.58 billion, a price-to-earnings ratio of 27.32 and a beta of 1.44. CBRE Group, Inc. has a 12-month low of $64.63 and a 12-month high of $98.65.

CBRE Group (NYSE:CBRE - Get Free Report) last released its earnings results on Friday, May 3rd. The financial services provider reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.09. CBRE Group had a net margin of 3.09% and a return on equity of 13.69%. The business had revenue of $7.94 billion for the quarter, compared to the consensus estimate of $7.94 billion. During the same period last year, the firm posted $0.92 earnings per share. The firm's quarterly revenue was up 7.1% compared to the same quarter last year. Equities research analysts anticipate that CBRE Group, Inc. will post 4.45 earnings per share for the current year.

Insiders Place Their Bets

In other news, CFO Emma E. Giamartino sold 2,667 shares of the stock in a transaction 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 in the company, valued at $6,766,895.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CEO John E. Durburg sold 25,000 shares of the firm's stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $92.20, for a total transaction of $2,305,000.00. Following the completion of the sale, the chief executive officer now directly owns 207,856 shares in the company, valued at $19,164,323.20. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Emma E. Giamartino sold 2,667 shares of the business's stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $93.53, for a total transaction of $249,444.51. Following the transaction, the chief financial officer now directly owns 72,350 shares in the company, valued at $6,766,895.50. The disclosure for this sale can be found here. In the last three months, insiders have sold 39,592 shares of company stock worth $3,675,752. Corporate insiders own 0.54% of the company's stock.

Analyst Ratings Changes

Several equities analysts have commented on CBRE shares. TheStreet raised shares of CBRE Group from a "c+" rating to a "b-" rating in a research note on Thursday, January 25th. Jefferies Financial Group started coverage on CBRE Group in a research report on Wednesday, April 10th. They issued a "hold" rating and a $107.00 target price for the company. StockNews.com cut CBRE Group from a "buy" rating to a "hold" rating in a research report on Wednesday. Evercore ISI boosted their price objective 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. Finally, Raymond James raised their target price on CBRE Group from $95.00 to $103.00 and gave the company a "strong-buy" rating in a research note on Thursday, January 25th. Five equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $99.50.

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.