Callan Family Office LLC Has $859,000 Stock Holdings in CBRE Group, Inc. $CBRE

Callan Family Office LLC reduced its stake in CBRE Group, Inc. (NYSE:CBRE) by 36.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 5,449 shares of the financial services provider’s stock after selling 3,074 shares during the quarter. Callan Family Office LLC’s holdings in CBRE Group were worth $859,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC boosted its holdings in CBRE Group by 322.9% in the fourth quarter. Brighton Jones LLC now owns 14,492 shares of the financial services provider’s stock worth $1,903,000 after acquiring an additional 11,065 shares in the last quarter. Woodline Partners LP raised its position in shares of CBRE Group by 38.2% during the first quarter. Woodline Partners LP now owns 24,972 shares of the financial services provider’s stock worth $3,266,000 after purchasing an additional 6,908 shares during the period. Geneos Wealth Management Inc. lifted its holdings in shares of CBRE Group by 67.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 446 shares of the financial services provider’s stock worth $58,000 after purchasing an additional 179 shares in the last quarter. KLP Kapitalforvaltning AS grew its position in CBRE Group by 2.2% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 106,751 shares of the financial services provider’s stock valued at $14,958,000 after purchasing an additional 2,300 shares during the period. Finally, Venturi Wealth Management LLC increased its stake in CBRE Group by 7.5% during the 2nd quarter. Venturi Wealth Management LLC now owns 3,166 shares of the financial services provider’s stock valued at $444,000 after purchasing an additional 220 shares in the last quarter. Institutional investors own 98.41% of the company’s stock.

CBRE Group Stock Up 0.2%

CBRE opened at $166.26 on Friday. CBRE Group, Inc. has a fifty-two week low of $108.45 and a fifty-two week high of $173.05. The firm has a market capitalization of $49.48 billion, a P/E ratio of 41.05 and a beta of 1.34. The company’s 50-day moving average is $164.32 and its 200 day moving average is $159.57. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.13 and a quick ratio of 1.13.

Wall Street Analyst Weigh In

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

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.