Robeco Institutional Asset Management B.V. increased its position in shares of CBRE Group Inc (NYSE:CBRE) by 1.1% in the 4th quarter, HoldingsChannel reports. The fund owned 626,548 shares of the financial services provider’s stock after acquiring an additional 6,693 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in CBRE Group were worth $38,402,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. BlackRock Inc. raised its stake in shares of CBRE Group by 7.2% during the 2nd quarter. BlackRock Inc. now owns 24,629,194 shares of the financial services provider’s stock worth $1,263,479,000 after acquiring an additional 1,646,800 shares in the last quarter. State Street Corp increased its stake in CBRE Group by 2.8% during the 4th quarter. State Street Corp now owns 14,659,927 shares of the financial services provider’s stock valued at $898,507,000 after purchasing an additional 403,336 shares in the last quarter. Principal Financial Group Inc. increased its stake in CBRE Group by 6.9% during the 4th quarter. Principal Financial Group Inc. now owns 10,019,264 shares of the financial services provider’s stock valued at $614,081,000 after purchasing an additional 647,861 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its stake in CBRE Group by 3.7% during the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,411,763 shares of the financial services provider’s stock valued at $86,527,000 after purchasing an additional 50,426 shares in the last quarter. Finally, Parametric Portfolio Associates LLC increased its stake in CBRE Group by 2.2% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 1,189,260 shares of the financial services provider’s stock valued at $63,043,000 after purchasing an additional 25,284 shares in the last quarter. Hedge funds and other institutional investors own 92.94% of the company’s stock.

A number of brokerages have issued reports on CBRE. Zacks Investment Research upgraded shares of CBRE Group from a “hold” rating to a “buy” rating and set a $61.00 price target on the stock in a research note on Thursday, November 28th. Raymond James lowered shares of CBRE Group from a “strong-buy” rating to an “outperform” rating and set a $72.00 price target on the stock. in a research note on Friday, January 24th. JPMorgan Chase & Co. began coverage on shares of CBRE Group in a research note on Tuesday, October 29th. They set an “overweight” rating on the stock. ValuEngine lowered shares of CBRE Group from a “hold” rating to a “sell” rating in a research note on Tuesday, December 3rd. Finally, Bank of America lowered shares of CBRE Group from a “buy” rating to a “neutral” rating in a research note on Friday, January 3rd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the stock. CBRE Group has a consensus rating of “Hold” and a consensus target price of $61.20.

In other news, CEO Michael J. Lafitte sold 26,759 shares of the stock in a transaction on Monday, November 18th. The shares were sold at an average price of $56.02, for a total value of $1,499,039.18. Following the sale, the chief executive officer now owns 335,364 shares in the company, valued at $18,787,091.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO William F. Concannon sold 8,268 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $55.03, for a total transaction of $454,988.04. Following the completion of the sale, the chief executive officer now owns 277,755 shares in the company, valued at approximately $15,284,857.65. The disclosure for this sale can be found here. Insiders sold 36,074 shares of company stock worth $2,011,623 in the last quarter. Company insiders own 0.74% of the company’s stock.

CBRE Group stock traded down $0.18 during mid-day trading on Friday, reaching $63.94. 20,399 shares of the company traded hands, compared to its average volume of 1,191,147. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.17 and a quick ratio of 1.17. CBRE Group Inc has a fifty-two week low of $45.16 and a fifty-two week high of $64.75. The company has a market capitalization of $21.46 billion, a price-to-earnings ratio of 21.04, a price-to-earnings-growth ratio of 1.42 and a beta of 1.69. The firm’s fifty day moving average is $61.47 and its two-hundred day moving average is $55.92.

About CBRE Group

CBRE Group, Inc operates as a commercial real estate services and investment company worldwide. It operates through Americas; Europe, Middle East and Africa; Asia Pacific; Global Investment Management; and Development Services segments. The company offers strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing; integrated property sales, and mortgage and structured financing services under the CBRE Capital Markets brand; 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.

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Institutional Ownership by Quarter for CBRE Group (NYSE:CBRE)

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