CBRE Group Inc (NYSE:CBRE) Director Gerardo I. Lopez bought 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 4th. The stock was purchased at an average cost of $42.41 per share, for a total transaction of $212,050.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

NYSE:CBRE traded down $1.21 during mid-day trading on Friday, hitting $41.39. The company had a trading volume of 39,588 shares, compared to its average volume of 1,491,212. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.16 and a quick ratio of 1.16. CBRE Group Inc has a 1 year low of $38.05 and a 1 year high of $50.43. The firm has a market capitalization of $14.23 billion, a PE ratio of 15.34, a price-to-earnings-growth ratio of 1.00 and a beta of 1.78.

CBRE Group (NYSE:CBRE) last released its quarterly earnings data on Thursday, November 1st. The financial services provider reported $0.79 EPS for the quarter, beating the consensus estimate of $0.75 by $0.04. CBRE Group had a return on equity of 23.45% and a net margin of 4.32%. The company had revenue of $5.26 billion for the quarter, compared to analyst estimates of $5.17 billion. CBRE Group’s revenue for the quarter was up 13.4% compared to the same quarter last year. Equities analysts anticipate that CBRE Group Inc will post 3.2 EPS for the current year.

A number of large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. purchased a new stake in shares of CBRE Group during the third quarter worth about $2,289,833,000. BlackRock Inc. purchased a new stake in shares of CBRE Group during the third quarter worth about $1,011,772,000. ValueAct Holdings L.P. purchased a new stake in shares of CBRE Group during the third quarter worth about $878,336,000. JPMorgan Chase & Co. purchased a new stake in shares of CBRE Group during the third quarter worth about $638,351,000. Finally, FMR LLC purchased a new stake in shares of CBRE Group during the third quarter worth about $327,956,000. 94.34% of the stock is currently owned by institutional investors.

CBRE has been the topic of several research reports. Barclays increased their target price on CBRE Group from $58.00 to $60.00 and gave the stock an “overweight” rating in a research report on Thursday, August 30th. Bank of America cut their target price on CBRE Group from $54.00 to $47.00 and set a “buy” rating on the stock in a research report on Friday, November 2nd. Finally, ValuEngine lowered CBRE Group from a “buy” rating to a “hold” rating in a research report on Wednesday, September 19th. Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $52.56.

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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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