Fidelis Capital Partners LLC Has $584,000 Holdings in CBRE Group, Inc. (NYSE:CBRE)

Fidelis Capital Partners LLC boosted its stake in CBRE Group, Inc. (NYSE:CBRE) by 2.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,098 shares of the financial services provider’s stock after purchasing an additional 104 shares during the period. Fidelis Capital Partners LLC’s holdings in CBRE Group were worth $584,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. SBI Securities Co. Ltd. bought a new position in CBRE Group during the 4th quarter worth approximately $25,000. Jones Financial Companies Lllp increased its position in shares of CBRE Group by 73.8% during the fourth quarter. Jones Financial Companies Lllp now owns 4,610 shares of the financial services provider’s stock worth $605,000 after buying an additional 1,957 shares during the period. Smartleaf Asset Management LLC raised its stake in CBRE Group by 48.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 8,530 shares of the financial services provider’s stock worth $1,111,000 after buying an additional 2,802 shares during the last quarter. Heritage Wealth Management Inc. bought a new position in CBRE Group during the fourth quarter worth $205,000. Finally, Cantillon Capital Management LLC lifted its holdings in CBRE Group by 0.5% in the fourth quarter. Cantillon Capital Management LLC now owns 4,748,386 shares of the financial services provider’s stock valued at $623,416,000 after buying an additional 25,142 shares during the period. 98.41% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

CBRE has been the subject of a number of recent analyst reports. Morgan Stanley increased their price target on CBRE Group from $160.00 to $165.00 and gave the stock an “overweight” rating in a report on Wednesday, February 19th. JPMorgan Chase & Co. raised CBRE Group from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $120.00 to $163.00 in a research note on Monday, December 16th. Citigroup boosted their price target on CBRE Group from $130.00 to $160.00 and gave the company a “buy” rating in a research note on Monday, November 25th. Raymond James downgraded shares of CBRE Group from a “strong-buy” rating to an “outperform” rating and reduced their price objective for the stock from $155.00 to $152.00 in a research report on Friday, January 24th. Finally, Jefferies Financial Group upgraded shares of CBRE Group from a “hold” rating to a “buy” rating and lifted their price objective for the company from $133.00 to $152.00 in a research note on Thursday, January 2nd. Three analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, CBRE Group presently has an average rating of “Moderate Buy” and an average target price of $149.89.

CBRE Group Stock Performance

NYSE CBRE opened at $140.56 on Tuesday. The company has a market cap of $42.17 billion, a P/E ratio of 44.76 and a beta of 1.39. The company has a fifty day simple moving average of $137.52 and a 200 day simple moving average of $130.25. 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.

CBRE Group (NYSE:CBRE) last issued its quarterly earnings data on Thursday, February 13th. The financial services provider reported $2.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.20 by $0.12. CBRE Group had a net margin of 2.71% and a return on equity of 16.96%. Sell-side analysts predict that CBRE Group, Inc. will post 5.99 earnings per share for the current fiscal year.

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.