Hunter Associates Investment Management LLC Has $1.81 Million Stock Holdings in CBRE Group, Inc. (NYSE:CBRE)

Hunter Associates Investment Management LLC raised its position in CBRE Group, Inc. (NYSE:CBRE) by 1.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 13,767 shares of the financial services provider’s stock after buying an additional 181 shares during the period. Hunter Associates Investment Management LLC’s holdings in CBRE Group were worth $1,806,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Gilbert & Cook Inc. boosted its stake in 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 during the last quarter. Lindbrook Capital LLC grew its stake in shares of CBRE Group by 4.7% during the third quarter. Lindbrook Capital LLC now owns 1,750 shares of the financial services provider’s stock worth $218,000 after purchasing an additional 79 shares during the period. Stephens Inc. AR increased its holdings in CBRE Group by 3.1% in the third quarter. Stephens Inc. AR now owns 2,640 shares of the financial services provider’s stock valued at $329,000 after purchasing an additional 80 shares during the last quarter. Fidelis Capital Partners LLC boosted its holdings in CBRE Group by 2.1% during the third quarter. Fidelis Capital Partners LLC now owns 3,994 shares of the financial services provider’s stock worth $492,000 after buying an additional 82 shares during the last quarter. Finally, Private Advisor Group LLC grew its position in shares of CBRE Group by 1.2% during the 3rd quarter. Private Advisor Group LLC now owns 7,688 shares of the financial services provider’s stock worth $957,000 after buying an additional 90 shares during the period. 98.41% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CBRE. JPMorgan Chase & Co. upgraded shares of CBRE Group from a “neutral” rating to an “overweight” rating and increased their price target for the company from $120.00 to $163.00 in a research report on Monday, December 16th. Evercore ISI cut their target price on shares of CBRE Group from $147.00 to $141.00 and set an “outperform” rating on the stock in a report on Monday, January 13th. Jefferies Financial Group raised shares of CBRE Group from a “hold” rating to a “buy” rating and lifted their price target for the stock from $133.00 to $152.00 in a research report on Thursday, January 2nd. Citigroup upped their price objective on shares of CBRE Group from $130.00 to $160.00 and gave the company a “buy” rating in a research report on Monday, November 25th. Finally, Morgan Stanley upgraded CBRE Group from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $115.00 to $160.00 in a report on Wednesday, January 15th. Three equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $148.56.

Insider Buying and Selling at CBRE Group

In other news, CFO Emma E. Giamartino sold 1,815 shares of the firm’s 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 owns 70,154 shares in the company, valued at $9,214,026.36. This trade represents a 2.52 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.54% of the company’s stock.

CBRE Group Stock Performance

CBRE opened at $144.75 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.13 and a quick ratio of 1.13. The company has a market capitalization of $44.30 billion, a price-to-earnings ratio of 46.54 and a beta of 1.39. The business’s 50-day moving average price is $134.70 and its two-hundred day moving average price is $124.19. CBRE Group, Inc. has a 1 year low of $82.75 and a 1 year high of $146.83.

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.