CBRE Group Inc (NYSE:CBG) declared a quarterly dividend on Monday, February 12th, RTT News reports. Shareholders of record on Monday, April 23rd will be given a dividend of 0.25 per share by the financial services provider on Tuesday, May 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 2.39%.

CBRE Group (CBG) opened at $41.90 on Monday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.08 and a quick ratio of 1.28. The firm has a market cap of $14,223.34, a PE ratio of 20.64, a price-to-earnings-growth ratio of 1.05 and a beta of 1.83. CBRE Group has a 12-month low of $32.30 and a 12-month high of $46.60.

CBRE Group (NYSE:CBG) last posted its quarterly earnings data on Thursday, February 8th. The financial services provider reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.06. The company had revenue of $4.34 billion during the quarter, compared to analysts’ expectations of $4.12 billion. CBRE Group had a net margin of 4.87% and a return on equity of 25.03%. The firm’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.93 EPS. equities research analysts predict that CBRE Group will post 3.08 earnings per share for the current year.

CBG has been the subject of a number of analyst reports. ValuEngine raised shares of CBRE Group from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Barclays reaffirmed a “buy” rating and set a $47.00 price target on shares of CBRE Group in a research report on Wednesday, December 27th. Bank of America increased their price target on shares of CBRE Group from $42.00 to $44.00 and gave the stock a “buy” rating in a research report on Monday, November 6th. Zacks Investment Research raised shares of CBRE Group from a “hold” rating to a “buy” rating and set a $51.00 price target on the stock in a research report on Wednesday, January 10th. Finally, Evercore ISI started coverage on shares of CBRE Group in a research report on Monday, January 22nd. They set an “in-line” rating and a $48.00 price target on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $46.56.

In other news, Director Holdings L.P. Valueact sold 84,500 shares of the stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $42.82, for a total transaction of $3,618,290.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Valueact Capital Master Fund, sold 882,206 shares of the stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $42.84, for a total transaction of $37,793,705.04. The disclosure for this sale can be found here. Insiders have sold 2,960,687 shares of company stock worth $126,486,405 in the last ninety days. Corporate insiders own 1.00% of the company’s stock.

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About CBRE Group

CBRE Group, Inc is a holding company that conducts all of its operations through its subsidiaries. The Company operates as a commercial real estate services and investment company. The Company operates through the segments: The Americas; Europe, Middle East and Africa (EMEA); Asia Pacific; Global Investment Management, and Development Services.

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