Annis Gardner Whiting Capital Advisors LLC Purchases 7,906 Shares of CBRE Group, Inc. $CBRE

Annis Gardner Whiting Capital Advisors LLC boosted its position in CBRE Group, Inc. (NYSE:CBRE) by 1,160.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,587 shares of the financial services provider’s stock after purchasing an additional 7,906 shares during the period. Annis Gardner Whiting Capital Advisors LLC’s holdings in CBRE Group were worth $1,353,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of CBRE. Obermeyer Wealth Partners grew its holdings in shares of CBRE Group by 2.8% during the second quarter. Obermeyer Wealth Partners now owns 2,432 shares of the financial services provider’s stock worth $341,000 after purchasing an additional 66 shares during the last quarter. NewSquare Capital LLC boosted its position in CBRE Group by 40.7% during the 2nd quarter. NewSquare Capital LLC now owns 235 shares of the financial services provider’s stock worth $33,000 after buying an additional 68 shares during the period. Fidelis Capital Partners LLC boosted its position in CBRE Group by 1.6% during the 2nd quarter. Fidelis Capital Partners LLC now owns 4,292 shares of the financial services provider’s stock worth $601,000 after buying an additional 69 shares during the period. Advisors Capital Management LLC grew its holdings in CBRE Group by 4.0% during the 2nd quarter. Advisors Capital Management LLC now owns 1,882 shares of the financial services provider’s stock worth $264,000 after acquiring an additional 73 shares during the last quarter. Finally, Evergreen Capital Management LLC increased its position in CBRE Group by 3.6% in the 2nd quarter. Evergreen Capital Management LLC now owns 2,187 shares of the financial services provider’s stock valued at $306,000 after acquiring an additional 75 shares during the period. 98.41% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

CBRE has been the topic of a number of recent research reports. Morgan Stanley lifted their price target on shares of CBRE Group from $170.00 to $180.00 and gave the stock an “overweight” rating in a report on Tuesday, October 7th. Barclays raised their target price on CBRE Group from $190.00 to $192.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 13th. Weiss Ratings reiterated a “buy (b-)” rating on shares of CBRE Group in a research report on Wednesday, January 21st. Keefe, Bruyette & Woods increased their price target on CBRE Group from $185.00 to $192.00 and gave the company an “outperform” rating in a research note on Thursday, January 8th. Finally, UBS Group raised their price objective on CBRE Group from $165.00 to $175.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Seven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $182.14.

CBRE Group Stock Performance

Shares of CBRE opened at $169.42 on Thursday. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.49. The firm’s fifty day simple moving average is $163.25 and its two-hundred day simple moving average is $158.50. CBRE Group, Inc. has a 12 month low of $108.45 and a 12 month high of $173.05. The stock has a market capitalization of $50.42 billion, a P/E ratio of 41.83 and a beta of 1.34.

CBRE Group Company Profile

CBRE Group, Inc is a global commercial real estate services and investment firm that provides a broad range of advisory, transactional and property-related services to occupiers, investors and owners. Its core activities include leasing and sales brokerage, facilities and property management, valuation and advisory, project and development services, and capital markets execution. The firm serves corporate occupiers, institutional investors, private owners and public entities across office, industrial, retail, multifamily and specialized property types.

In addition to traditional brokerage and management services, CBRE offers investment management capabilities and outsourced real estate solutions, combining market research, technology and data analytics to support portfolio strategy, transaction execution and asset operations.