CBRE Group, Inc. (NYSE:CBRE) Shares Sold by Van Lanschot Kempen Investment Management N.V.

Van Lanschot Kempen Investment Management N.V. cut its holdings in shares of CBRE Group, Inc. (NYSE:CBRE) by 22.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 201,169 shares of the financial services provider’s stock after selling 58,032 shares during the period. Van Lanschot Kempen Investment Management N.V. owned about 0.07% of CBRE Group worth $26,411,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. SBI Securities Co. Ltd. purchased a new position in CBRE Group in the fourth quarter valued at about $25,000. Denver PWM LLC acquired a new position in shares of CBRE Group in the 4th quarter valued at approximately $29,000. Larson Financial Group LLC raised its position in shares of 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 purchasing an additional 281 shares in the last quarter. Catalyst Capital Advisors LLC boosted its stake in shares of CBRE Group by 190.4% during the 4th quarter. Catalyst Capital Advisors LLC now owns 363 shares of the financial services provider’s stock valued at $48,000 after buying an additional 238 shares during the last quarter. Finally, Runnymede Capital Advisors Inc. acquired a new stake in shares of CBRE Group during the fourth quarter worth approximately $58,000. 98.41% of the stock is currently owned by institutional investors and hedge funds.

CBRE Group Stock Performance

Shares of NYSE CBRE opened at $117.45 on Monday. CBRE Group, Inc. has a 12-month low of $84.24 and a 12-month high of $147.75. The company has a current ratio of 1.07, a quick ratio of 1.13 and a debt-to-equity ratio of 0.35. The company has a market cap of $35.22 billion, a PE ratio of 37.41 and a beta of 1.26. The stock has a 50 day simple moving average of $129.97 and a 200-day simple moving average of $132.11.

CBRE Group (NYSE:CBRE) last issued its quarterly earnings results on Thursday, February 13th. The financial services provider reported $2.32 EPS for the quarter, beating analysts’ consensus estimates of $2.20 by $0.12. CBRE Group had a return on equity of 16.96% and a net margin of 2.71%. On average, equities research analysts forecast that CBRE Group, Inc. will post 5.99 EPS for the current year.

Insider Transactions at CBRE Group

In related news, CFO Emma E. Giamartino sold 2,000 shares of the stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $125.69, for a total transaction of $251,380.00. Following the completion of the sale, the chief financial officer now directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Chad J. Doellinger sold 797 shares of the company’s stock in a transaction 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 transaction, the insider now directly owns 28,735 shares in the company, valued at $3,629,517.85. This represents a 2.70 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.42% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on CBRE. JPMorgan Chase & Co. cut their price target 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. Raymond James cut shares of CBRE Group from a “strong-buy” rating to an “outperform” rating and reduced their price target for the stock from $155.00 to $152.00 in a research report on Friday, January 24th. Evercore ISI cut their price objective on CBRE Group from $147.00 to $141.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. StockNews.com lowered CBRE Group from a “buy” rating to a “hold” rating in a research report on Thursday, March 27th. Finally, Keefe, Bruyette & Woods dropped their price target on CBRE Group from $145.00 to $129.00 and set a “market perform” rating on the stock in a research report on Thursday. Three equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, CBRE Group presently has an average rating of “Moderate Buy” and an average price target of $149.56.

CBRE Group 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.