CBRE Group, Inc. (CBG) Analysts See $0.94 EPS

January 23, 2018 - By Adrian Erickson

 CBRE Group, Inc. (CBG) Analysts See $0.94 EPS
Investors sentiment increased to 0.96 in Q3 2017. Its up 0.06, from 0.9 in 2017Q2. It increased, as 24 investors sold CBRE Group, Inc. shares while 172 reduced holdings. 60 funds opened positions while 129 raised stakes. 313.05 million shares or 0.66% less from 315.14 million shares in 2017Q2 were reported.
Jpmorgan Chase & holds 0.1% or 12.48M shares in its portfolio. Nationwide Fund Advsrs has 174,184 shares. Lakewood Capital Ltd Partnership owns 1.32 million shares for 1.81% of their portfolio. Sector Pension Invest Board invested 0.01% of its portfolio in CBRE Group, Inc. (NYSE:CBG). Panagora Asset Inc reported 0.09% stake. Nippon Life Insurance holds 32,420 shares or 0.02% of its portfolio. Westpac Bk Corporation has invested 0.03% in CBRE Group, Inc. (NYSE:CBG). 74,760 are owned by Telos Capital Mgmt Inc. Andra Ap stated it has 0.08% of its portfolio in CBRE Group, Inc. (NYSE:CBG). Putnam Invests Limited Liability Company reported 0.03% of its portfolio in CBRE Group, Inc. (NYSE:CBG). Neuberger Berman Group Incorporated Limited Com invested in 5,895 shares or 0% of the stock. 220,202 were reported by Great West Life Assurance Can. Cantab Capital Prtn Limited Liability Partnership has 43,999 shares. Greystone Invest Management Lc stated it has 145,735 shares or 2.66% of all its holdings. Ray Gerald L Associate Limited reported 9,400 shares.

Since August 4, 2017, it had 0 buys, and 10 sales for $206.75 million activity. Midler Laurence H also sold $113,005 worth of CBRE Group, Inc. (NYSE:CBG) shares. $975,493 worth of stock was sold by CONCANNON WILLIAM F on Thursday, October 5. Another trade for 20,000 shares valued at $866,400 was made by KIRK J. CHRISTOPHER on Tuesday, December 12. On Tuesday, August 22 LAFITTE MICHAEL J sold $991,734 worth of CBRE Group, Inc. (NYSE:CBG) or 27,775 shares. $298,644 worth of CBRE Group, Inc. (NYSE:CBG) was sold by MALEK FREDERIC V on Monday, December 11. 25,000 shares were sold by Frese Calvin W Jr, worth $1.00 million.

Analysts expect CBRE Group, Inc. (NYSE:CBG) to report $0.94 EPS on February, 9.They anticipate $0.01 EPS change or 1.08 % from last quarter’s $0.93 EPS. CBG’s profit would be $314.54M giving it 12.16 P/E if the $0.94 EPS is correct. After having $0.64 EPS previously, CBRE Group, Inc.’s analysts see 46.88 % EPS growth. The stock decreased 0.33% or $0.15 during the last trading session, reaching $45.73. About 1.30 million shares traded. CBRE Group, Inc. (NYSE:CBG) has risen 21.33% since January 23, 2017 and is uptrending. It has outperformed by 4.63% the S&P500.

CBRE Group, Inc. (NYSE:CBG) Ratings Coverage

Among 8 analysts covering CBRE Group (NYSE:CBG), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. CBRE Group had 20 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Barclays Capital given on Thursday, September 3. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, July 20. As per Monday, May 16, the company rating was initiated by Wood. On Tuesday, October 10 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The firm has “Hold” rating given on Friday, November 3 by Keefe Bruyette & Woods. The company was downgraded on Wednesday, August 12 by Goldman Sachs. Barclays Capital maintained the shares of CBG in report on Tuesday, July 18 with “Overweight” rating. The stock of CBRE Group, Inc. (NYSE:CBG) earned “Buy” rating by Sterne Agee CRT on Wednesday, August 26. The company was maintained on Thursday, December 21 by Keefe Bruyette & Woods. The stock of CBRE Group, Inc. (NYSE:CBG) earned “Outperform” rating by Wedbush on Thursday, October 6.

CBRE Group, Inc. operates as a commercial real estate services and investment firm worldwide. The company has market cap of $15.30 billion. It operates through Americas; Europe, Middle East and Africa; Asia Pacific; Global Investment Management; and Development Services divisions. It has a 19.73 P/E ratio. The firm offers strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing; integrated property sales, and mortgage and structured financing services under the CBRE Capital Markets brand; 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.

More notable recent CBRE Group, Inc. (NYSE:CBG) news were published by: Businesswire.com which released: “CBRE Group, Inc. Announces Details of Fourth Quarter 2017 Earnings Conference …” on January 09, 2018, also Businesswire.com with their article: “CBRE Group, Inc. Named a World’s Most Admired Company by Fortune Magazine for …” published on January 22, 2018, Nasdaq.com published: “Can CBRE Group (CBG) Keep the Earnings Streak Alive This Quarter?” on January 04, 2018. More interesting news about CBRE Group, Inc. (NYSE:CBG) were released by: Bizjournals.com and their article: “Outgoing Gemini Rosemont key player jumps to another major real estate firm” published on January 03, 2018 as well as Wsj.com‘s news article titled: “CBRE to Offer App for Office Design and Amenities” with publication date: January 10, 2018.

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