Yousif Capital Management LLC Purchases 2,131 Shares of CBRE Group, Inc. (NYSE:CBRE)

Yousif Capital Management LLC increased its position in shares of CBRE Group, Inc. (NYSE:CBRE) by 5.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 44,755 shares of the financial services provider’s stock after buying an additional 2,131 shares during the period. Yousif Capital Management LLC’s holdings in CBRE Group were worth $5,876,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Cetera Investment Advisers lifted its holdings in shares of CBRE Group by 0.6% during the second quarter. Cetera Investment Advisers now owns 28,109 shares of the financial services provider’s stock worth $2,505,000 after buying an additional 162 shares during the last quarter. Handelsbanken Fonder AB raised its stake in CBRE Group by 6.2% during the 3rd quarter. Handelsbanken Fonder AB now owns 15,726 shares of the financial services provider’s stock valued at $1,958,000 after purchasing an additional 917 shares during the last quarter. Czech National Bank boosted its holdings in CBRE Group by 6.8% in the 3rd quarter. Czech National Bank now owns 61,359 shares of the financial services provider’s stock valued at $7,638,000 after purchasing an additional 3,886 shares during the period. Atomi Financial Group Inc. increased its holdings in shares of CBRE Group by 34.0% during the 3rd quarter. Atomi Financial Group Inc. now owns 3,230 shares of the financial services provider’s stock worth $402,000 after purchasing an additional 819 shares during the period. Finally, Marcum Wealth LLC bought a new position in shares of CBRE Group during the 3rd quarter worth about $257,000. 98.41% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CFO Emma E. Giamartino sold 1,815 shares of CBRE Group stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $131.34, for a total value of $238,382.10. Following the completion of the transaction, the chief financial officer now directly owns 70,154 shares of the company’s stock, valued at $9,214,026.36. The trade was a 2.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CBRE. Raymond James downgraded CBRE Group from a “strong-buy” rating to an “outperform” rating and decreased their target price for the stock from $155.00 to $152.00 in a research report on Friday, January 24th. JPMorgan Chase & Co. raised CBRE Group from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $120.00 to $163.00 in a report on Monday, December 16th. Jefferies Financial Group upgraded CBRE Group from a “hold” rating to a “buy” rating and upped their target price for the company from $133.00 to $152.00 in a research note on Thursday, January 2nd. Citigroup lifted their price target on shares of CBRE Group from $130.00 to $160.00 and gave the stock a “buy” rating in a research note on Monday, November 25th. Finally, The Goldman Sachs Group began coverage on shares of CBRE Group in a research note on Friday, December 6th. They issued a “buy” rating and a $176.00 price objective for the company. Three investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, CBRE Group has a consensus rating of “Moderate Buy” and an average target price of $148.56.

CBRE Group Stock Down 1.7 %

CBRE opened at $144.64 on Friday. The firm has a market cap of $44.26 billion, a price-to-earnings ratio of 46.51 and a beta of 1.39. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.13 and a current ratio of 1.13. The firm’s 50-day simple moving average is $135.43 and its 200-day simple moving average is $125.85. CBRE Group, Inc. has a twelve month low of $83.31 and a twelve month high of $147.75.

CBRE Group 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.