Inceptionr LLC Has $522,000 Stock Holdings in CBRE Group, Inc. (NYSE:CBRE)

Inceptionr LLC grew its holdings in CBRE Group, Inc. (NYSE:CBRE) by 26.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,977 shares of the financial services provider’s stock after purchasing an additional 820 shares during the quarter. Inceptionr LLC’s holdings in CBRE Group were worth $522,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in CBRE. Meridian Wealth Management LLC raised its stake in CBRE Group by 1.4% during the 4th quarter. Meridian Wealth Management LLC now owns 5,192 shares of the financial services provider’s stock worth $682,000 after buying an additional 71 shares during the period. Gilbert & Cook Inc. grew its holdings in shares of CBRE Group by 1.4% in the fourth quarter. Gilbert & Cook Inc. now owns 5,448 shares of the financial services provider’s stock valued at $715,000 after acquiring an additional 75 shares in the last quarter. Lindbrook Capital LLC grew its holdings in CBRE Group by 4.7% during the third quarter. Lindbrook Capital LLC now owns 1,750 shares of the financial services provider’s stock valued at $218,000 after purchasing an additional 79 shares during the period. Community Bank & Trust Waco Texas grew its holdings in CBRE Group by 0.6% during the third quarter. Community Bank & Trust Waco Texas now owns 15,280 shares of the financial services provider’s stock valued at $1,902,000 after purchasing an additional 93 shares during the period. Finally, IFP Advisors Inc grew its holdings in CBRE Group by 9.1% during the fourth quarter. IFP Advisors Inc now owns 1,203 shares of the financial services provider’s stock valued at $158,000 after purchasing an additional 100 shares during the period. 98.41% of the stock is owned by institutional investors and hedge funds.

CBRE Group Trading Down 2.4 %

Shares of CBRE stock opened at $130.51 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.13 and a current ratio of 1.07. CBRE Group, Inc. has a 52-week low of $84.24 and a 52-week high of $147.75. The company has a market capitalization of $39.16 billion, a PE ratio of 41.56 and a beta of 1.42. The business’s fifty day moving average is $137.91 and its 200 day moving average is $130.81.

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, 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%. On average, equities research analysts anticipate that CBRE Group, Inc. will post 5.99 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

CBRE has been the subject of several research reports. Jefferies Financial Group raised CBRE Group from a “hold” rating to a “buy” rating and increased their price objective for the company from $133.00 to $152.00 in a report on Thursday, January 2nd. Keefe, Bruyette & Woods raised their price target on CBRE Group from $142.00 to $145.00 and gave the stock a “market perform” rating in a report on Friday, February 14th. Citigroup raised their price target on CBRE Group from $130.00 to $160.00 and gave the stock a “buy” rating in a report on Monday, November 25th. Evercore ISI cut their price target on CBRE Group from $147.00 to $141.00 and set an “outperform” rating for the company in a report on Monday, January 13th. Finally, Raymond James lowered CBRE Group from a “strong-buy” rating to an “outperform” rating and cut their price target for the stock from $155.00 to $152.00 in a report on Friday, January 24th. Three investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus 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.