Baader Bank Aktiengesellschaft Has $983,000 Stake in CBRE Group, Inc. $CBRE

Baader Bank Aktiengesellschaft reduced its stake in shares of CBRE Group, Inc. (NYSE:CBREFree Report) by 49.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,264 shares of the financial services provider’s stock after selling 6,172 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in CBRE Group were worth $983,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the stock. Norges Bank acquired a new position in shares of CBRE Group in the second quarter worth $544,554,000. Principal Financial Group Inc. grew its stake in CBRE Group by 9.4% in the third quarter. Principal Financial Group Inc. now owns 9,468,455 shares of the financial services provider’s stock valued at $1,491,855,000 after purchasing an additional 809,796 shares in the last quarter. Qube Research & Technologies Ltd increased its position in CBRE Group by 210.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,083,413 shares of the financial services provider’s stock worth $151,808,000 after purchasing an additional 734,563 shares during the last quarter. AGF Management Ltd. increased its position in CBRE Group by 6,364.1% in the 3rd quarter. AGF Management Ltd. now owns 737,947 shares of the financial services provider’s stock worth $116,271,000 after purchasing an additional 726,531 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in shares of CBRE Group by 13.5% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,472,013 shares of the financial services provider’s stock worth $704,610,000 after purchasing an additional 532,151 shares in the last quarter. Institutional investors and hedge funds own 98.41% of the company’s stock.

CBRE Group Price Performance

Shares of CBRE Group stock opened at $148.81 on Thursday. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.49. The firm has a fifty day simple moving average of $164.66 and a 200-day simple moving average of $160.25. The stock has a market capitalization of $44.28 billion, a price-to-earnings ratio of 36.74 and a beta of 1.34. CBRE Group, Inc. has a 1-year low of $108.45 and a 1-year high of $174.27.

Trending Headlines about CBRE Group

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Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Weiss Ratings restated a “buy (b-)” rating on shares of CBRE Group in a report on Wednesday, January 21st. UBS Group increased their price target on shares of CBRE Group from $165.00 to $175.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. Keefe, Bruyette & Woods raised their price target on shares of CBRE Group from $185.00 to $192.00 and gave the company an “outperform” rating in a report on Thursday, January 8th. Finally, Barclays lifted their price objective on shares of CBRE Group from $190.00 to $192.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th. Seven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $182.14.

Read Our Latest Report on CBRE

CBRE Group Profile

(Free Report)

CBRE Group, Inc is a global commercial real estate services and investment firm that provides a broad range of advisory, transactional and property-related services to occupiers, investors and owners. Its core activities include leasing and sales brokerage, facilities and property management, valuation and advisory, project and development services, and capital markets execution. The firm serves corporate occupiers, institutional investors, private owners and public entities across office, industrial, retail, multifamily and specialized property types.

In addition to traditional brokerage and management services, CBRE offers investment management capabilities and outsourced real estate solutions, combining market research, technology and data analytics to support portfolio strategy, transaction execution and asset operations.

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

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