CBRE Group, Inc. (NYSE:CBRE) is Cantillon Capital Management LLC’s 5th Largest Position

Cantillon Capital Management LLC grew its stake in shares of CBRE Group, Inc. (NYSE:CBRE) by 0.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,748,386 shares of the financial services provider’s stock after purchasing an additional 25,142 shares during the quarter. CBRE Group makes up approximately 3.8% of Cantillon Capital Management LLC’s portfolio, making the stock its 5th biggest position. Cantillon Capital Management LLC owned 1.55% of CBRE Group worth $623,416,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in CBRE. Canton Hathaway LLC purchased a new stake in CBRE Group in the third quarter worth $27,000. Denver PWM LLC purchased a new stake in CBRE Group in the fourth quarter worth $29,000. Ashton Thomas Securities LLC purchased a new stake in CBRE Group in the third quarter worth $32,000. Catalyst Capital Advisors LLC lifted its stake 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 acquiring an additional 238 shares during the period. Finally, CENTRAL TRUST Co lifted its stake 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 acquiring an additional 302 shares during the period. Hedge funds and other institutional investors own 98.41% of the company’s stock.

CBRE Group Price Performance

Shares of NYSE:CBRE opened at $141.89 on Friday. CBRE Group, Inc. has a 1-year low of $84.24 and a 1-year high of $147.75. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.07 and a quick ratio of 1.13. The business has a fifty day moving average price of $137.32 and a 200-day moving average price of $129.90. The company has a market capitalization of $42.57 billion, a PE ratio of 45.19 and a beta of 1.39.

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

Analysts Set New Price Targets

A number of analysts recently commented on the company. Raymond James lowered CBRE Group from a “strong-buy” rating to an “outperform” rating and dropped their price target for the stock from $155.00 to $152.00 in a research note on Friday, January 24th. JPMorgan Chase & Co. raised CBRE Group from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $120.00 to $163.00 in a research note on Monday, December 16th. Morgan Stanley increased their price objective on CBRE Group from $160.00 to $165.00 and gave the stock an “overweight” rating in a report on Wednesday, February 19th. Keefe, Bruyette & Woods increased their price objective on CBRE Group from $142.00 to $145.00 and gave the stock a “market perform” rating in a report on Friday, February 14th. Finally, The Goldman Sachs Group assumed coverage on CBRE Group in a report 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 given a strong buy rating to the company. According to MarketBeat.com, CBRE Group currently has a consensus rating of “Moderate Buy” and an average price target of $149.89.

About CBRE Group

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.