2,343 Shares in CBRE Group, Inc. (NYSE:CBRE) Acquired by Lion Street Advisors LLC

Lion Street Advisors LLC purchased a new stake in CBRE Group, Inc. (NYSE:CBRE) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 2,343 shares of the financial services provider’s stock, valued at approximately $308,000.

Several other institutional investors have also recently added to or reduced their stakes in CBRE. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of CBRE Group by 25.8% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 31,874 shares of the financial services provider’s stock worth $4,161,000 after purchasing an additional 6,539 shares in the last quarter. Stratos Wealth Partners LTD. boosted its holdings in CBRE Group by 16.3% in the fourth quarter. Stratos Wealth Partners LTD. now owns 6,851 shares of the financial services provider’s stock worth $899,000 after acquiring an additional 961 shares in the last quarter. Yousif Capital Management LLC grew its stake in CBRE Group by 5.0% in the fourth quarter. Yousif Capital Management LLC now owns 44,755 shares of the financial services provider’s stock valued at $5,876,000 after acquiring an additional 2,131 shares during the period. E. Ohman J or Asset Management AB increased its holdings in shares of CBRE Group by 10.6% during the fourth quarter. E. Ohman J or Asset Management AB now owns 13,600 shares of the financial services provider’s stock valued at $1,786,000 after acquiring an additional 1,300 shares in the last quarter. Finally, Mather Group LLC. raised its position in shares of CBRE Group by 9.1% during the fourth quarter. Mather Group LLC. now owns 1,879 shares of the financial services provider’s stock worth $247,000 after purchasing an additional 157 shares during the period. 98.41% of the stock is owned by institutional investors and hedge funds.

CBRE Group Stock Up 2.3 %

CBRE opened at $147.22 on Thursday. CBRE Group, Inc. has a 12 month low of $83.22 and a 12 month high of $147.44. The company has a market cap of $45.05 billion, a PE ratio of 47.34 and a beta of 1.39. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.34. The company has a 50 day moving average of $135.30 and a 200 day moving average of $125.70.

Analyst Upgrades and Downgrades

A number of analysts have commented on CBRE shares. Jefferies Financial Group upgraded shares of CBRE Group from a “hold” rating to a “buy” rating and boosted their price target for the company from $133.00 to $152.00 in a research note on Thursday, January 2nd. JPMorgan Chase & Co. raised shares of CBRE Group from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $120.00 to $163.00 in a research report on Monday, December 16th. The Goldman Sachs Group began coverage on shares of CBRE Group in a research report on Friday, December 6th. They issued a “buy” rating and a $176.00 price target on the stock. Raymond James lowered CBRE Group from a “strong-buy” rating to an “outperform” rating and decreased their price objective for the stock from $155.00 to $152.00 in a report on Friday, January 24th. Finally, Morgan Stanley raised CBRE Group from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $115.00 to $160.00 in a research note on Wednesday, January 15th. Three equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $148.56.

Insiders Place Their Bets

In other news, CFO Emma E. Giamartino sold 1,815 shares of the company’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $131.34, for a total transaction of $238,382.10. Following the sale, the chief financial officer now directly owns 70,154 shares in the company, valued at $9,214,026.36. This represents a 2.52 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.54% of the company’s stock.

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.