As Cbre Group INC (CBG) Shares Rose, Omers Administration Corp Decreased Its Stake

May 16, 2018 - By Mark Babin

CBRE Group Inc  Class A (NYSE:CBG) Corporate LogoBig Money Sentiment increased to 1.24 in 2017 Q4. It has change of 0.28, from 2017Q3’s 0.96. The ratio improved due to CBG positioning: 28 sold and 159 reduced. 78 funds acquired positions and 154 increased positions. Investors holded 313.05 million in 2017Q3 but now own 308.33 million shares or 1.51% less. First Republic Investment accumulated 35,177 shs. Evercore Wealth Mgmt Ltd Llc reported 1.44 million shs. Brown Brothers Harriman And holds 0% or 108 shs in its capital. Brinker Capital Inc owns 52,453 shs. Moreover, Franklin Resource Incorporated has 0.03% invested in CBRE Group Inc Class A (NYSE:CBG). Us Commercial Bank De holds 70,196 shs. Financial Bank Of Montreal Can stated it has 0.02% in CBRE Group Inc Class A (NYSE:CBG). Moreover, Fukoku Mutual Life has 0.04% invested in CBRE Group Inc Class A (NYSE:CBG) for 5,900 shs. Blair William And Il has 20,275 shs for 0.01% of their capital. The Missouri-based Benjamin F Edwards & has invested 0% in CBRE Group Inc Class A (NYSE:CBG). Pettee Investors reported 0.13% stake. 718,712 were reported by Laurion Capital Mngmt Limited Partnership. Exane Derivatives holds 0% or 48 shs in its capital. State Of Tennessee Treasury Department invested 0.13% of its capital in CBRE Group Inc Class A (NYSE:CBG). Profund Ltd Liability Corp stated it has 15,482 shs.

CBG registered $13.70 million net activity with 0 insider purchases and 10 selling transactions since December 11, 2017. $1.10M worth of CBRE Group Inc Class A (NYSE:CBG) was sold by Frese Calvin W Jr on Tuesday, February 13. KIRK J. CHRISTOPHER sold 20,000 shs worth $866,400. SULENTIC ROBERT E had sold 40,000 shs worth $1.70M on Friday, February 9. MALEK FREDERIC V had sold 50,000 shs worth $2.24M. The insider LAFITTE MICHAEL J sold 25,888 shs worth $1.16M. Shares for $1.41 million were sold by CONCANNON WILLIAM F on Monday, March 12.

According to 2017Q4 SEC filling the Omers Administration Corp decreased its stake in Cbre Group Inc (CBG) by 12.22%. 606,544 shares were sold by Omers Administration Corp as the company’s stock rose 11.11% while stock markets declined. At the end of 2017Q4, the institutional investor held 4.36M shares of the finance company, valued at $188.77M, down from 4.97M at the end of the previous reported quarter. Cbre Group Inc has $ MC. The stock decreased 0.23% or $0.11 during the last trading session, reaching $47.31.CBRE Group Inc Class A has 1.40 million shares volume, Infinity% up from normal. CBG is uptrending and has moved 31.31% since May 16, 2017. CBG outperformed the S&P500 by 19.76%.

Omers Administration Corp increased its stake in Ppl Corp (NYSE:PPL) by 149,700 shares to 247,072 shares, valued at $7.65 million in 2017Q4, according to the filing. It operates about $9.78B US Long portfolio. For a total of 890,500 shares it increased its holding in Annaly Cap Mgmt Inc (NYSE:NLY) by 578,700 shares in the quarter, and has risen its stake in Jpmorgan Chase & Co (NYSE:JPM).

For more CBRE Group Inc Class A (NYSE:CBG) news announced briefly go to: Bizjournals.com, Bizjournals.com, Bizjournals.com, Bizjournals.com or Streetinsider.com. The titles are as follows: “TJ Maxx, Big 5 Sporting Goods, more sign Natomas leases” announced on May 09, 2018, “Passing the torch: Silver tsunami results in a dozen Orlando-area top leadership changeovers” on May 10, 2018, “5 minutes with CBRE’s new Orlando managing director, Jim Gray” with a publish date: May 02, 2018, “Exclusive: Orlando’s top CBRE exec Bill Moss retires, replacement named” and the last “ValueAct’s 13F Shows New Stake in SLM Corp (SLM), Confirms Increase in Citi (C), Exits Microsoft (MSFT) (more…)” with publication date: May 15, 2018.

CBRE Group Inc Class A (NYSE:CBG) Ratings Coverage

In total 8 analysts cover CBRE Group (NYSE:CBG). “Buy” rating has 5, “Sell” are 0, while 3 are “Hold”. 63% are bullish. 11 are the (NYSE:CBG)’s analyst reports since December 21, 2017 according to StockzIntelligence Inc. On Thursday, December 21 the firm earned “Hold” rating by Keefe Bruyette & Woods. On Friday, February 2 the company was reinitiated by William Blair. On Thursday, March 15 the stock has “Overweight” rating by Barclays Capital. On Tuesday, April 3 the firm has “Buy” rating given by Goldman Sachs. On Tuesday, January 30 the stock has “Overweight” rating by Barclays Capital. On Tuesday, March 6 JP Morgan maintained CBRE Group Inc Class A (NYSE:CBG) rating. JP Morgan has “Overweight” rating and $53 target. On Wednesday, January 24 the firm has “Market Perform” rating by JMP Securities given. On Thursday, March 8 the stock of CBRE Group Inc Class A (NYSE:CBG) has “Hold” rating given by Keefe Bruyette & Woods. On Friday, February 9 the stock of CBRE Group Inc Class A (NYSE:CBG) earned “Hold” rating by Keefe Bruyette & Woods. On Tuesday, February 6 the firm earned “Buy” rating by Raymond James.

CBRE Group Inc  Class A (NYSE:CBG) Analyst Ratings Chart

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