Cantillon Capital Management LLC Has $623.42 Million Stock Position in CBRE Group, Inc. (NYSE:CBRE)

Cantillon Capital Management LLC increased its holdings in CBRE Group, Inc. (NYSE:CBRE) by 0.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 4,748,386 shares of the financial services provider’s stock after purchasing an additional 25,142 shares during the period. CBRE Group comprises about 3.8% of Cantillon Capital Management LLC’s portfolio, making the stock its 5th largest holding. Cantillon Capital Management LLC’s holdings in CBRE Group were worth $623,416,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Canton Hathaway LLC purchased a new position in CBRE Group in the third quarter worth about $27,000. Denver PWM LLC purchased a new position in CBRE Group in the fourth quarter worth about $29,000. Ashton Thomas Securities LLC purchased a new position in CBRE Group in the third quarter worth about $32,000. Catalyst Capital Advisors LLC boosted its position in CBRE Group by 190.4% in the fourth quarter. Catalyst Capital Advisors LLC now owns 363 shares of the financial services provider’s stock worth $48,000 after purchasing an additional 238 shares during the last quarter. Finally, CENTRAL TRUST Co boosted its position in CBRE Group by 165.9% in the fourth quarter. CENTRAL TRUST Co now owns 484 shares of the financial services provider’s stock worth $64,000 after purchasing an additional 302 shares during the last quarter. 98.41% of the stock is currently owned by institutional investors.

CBRE Group Stock Up 1.5 %

NYSE CBRE opened at $141.89 on Friday. The stock’s 50 day moving average is $137.32 and its 200 day moving average is $129.90. The company has a current ratio of 1.07, a quick ratio of 1.13 and a debt-to-equity ratio of 0.35. CBRE Group, Inc. has a 12 month low of $84.24 and a 12 month high of $147.75. The stock has a market cap of $42.57 billion, a PE ratio of 45.19 and a beta of 1.39.

CBRE Group (NYSE:CBRE) last posted its quarterly earnings results on Thursday, February 13th. The financial services provider reported $2.32 EPS for the quarter, topping 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%. Research analysts predict that CBRE Group, Inc. will post 5.99 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Keefe, Bruyette & Woods raised their target price on CBRE Group from $142.00 to $145.00 and gave the stock a “market perform” rating in a research report on Friday, February 14th. Raymond James cut CBRE Group from a “strong-buy” rating to an “outperform” rating and dropped their target price for the stock from $155.00 to $152.00 in a research report on Friday, January 24th. Evercore ISI lowered their price objective on CBRE Group from $147.00 to $141.00 and set an “outperform” rating on the stock in a research report on Monday, January 13th. JPMorgan Chase & Co. raised CBRE Group from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $120.00 to $163.00 in a research report on Monday, December 16th. Finally, Morgan Stanley lifted their price objective on CBRE Group from $160.00 to $165.00 and gave the company an “overweight” rating in a research report on Wednesday, February 19th. Three research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $149.89.

CBRE Group Company 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.