As Cbre Group INC (CBG) Market Valuation Were Volatile, Valueact Holdings LP Has Decreased Its Position by $235.00 Million

August 9, 2018 - By Robert Shackelford

CBRE Group Inc  Class A (NYSE:CBG) LogoInvestors sentiment decreased to 1.02 in 2018 Q1. Its down 0.22, from 1.24 in 2017Q4. It turned negative, as 26 investors sold CBG shares while 191 reduced holdings. 64 funds opened positions while 157 raised stakes. 307.07 million shares or 0.41% less from 308.33 million shares in 2017Q4 were reported. Axa stated it has 0.04% of its portfolio in CBRE Group Inc Class A (NYSE:CBG). Tuttle Tactical Management accumulated 18,536 shares. Walleye Trading Limited Com reported 0.01% in CBRE Group Inc Class A (NYSE:CBG). Arrowstreet Capital Limited Partnership holds 0.09% in CBRE Group Inc Class A (NYSE:CBG) or 862,343 shares. Exxonmobil Inv Management Tx has 0.06% invested in CBRE Group Inc Class A (NYSE:CBG) for 46,258 shares. National Pension Service invested 0.09% in CBRE Group Inc Class A (NYSE:CBG). Fiera Capital stated it has 1.23M shares. Chicago Equity Prtnrs holds 23,305 shares. Ww Asset Mgmt reported 0.04% stake. Fmr Limited Liability Company invested 0.06% of its portfolio in CBRE Group Inc Class A (NYSE:CBG). Quantitative Limited holds 0.08% of its portfolio in CBRE Group Inc Class A (NYSE:CBG) for 101,200 shares. 194,796 were reported by Greystone Managed Inc. Aperio Gru Limited Liability Company holds 538,148 shares. Gallagher Fiduciary Advsrs Limited Liability Co reported 1.26 million shares. Da Davidson & Com has 26,792 shares.

Since February 9, 2018, it had 0 insider purchases, and 9 selling transactions for $13.51 million activity. Shares for $283,538 were sold by Frese Calvin W Jr on Thursday, March 8. GROCH JAMES R also sold $2.25M worth of CBRE Group Inc Class A (NYSE:CBG) shares. Another trade for 40,000 shares valued at $1.70M was sold by SULENTIC ROBERT E. MALEK FREDERIC V sold $2.38M worth of stock or 50,000 shares. CONCANNON WILLIAM F sold $1.41 million worth of stock or 29,483 shares.

Valueact Holdings Lp decreased its stake in Cbre Group Inc (CBG) by 20.07% based on its latest 2018Q1 regulatory filing with the SEC. Valueact Holdings Lp sold 5.00M shares as the company’s stock 0.00% . The hedge fund held 19.92 million shares of the finance company at the end of 2018Q1, valued at $940.48M, down from 24.92 million at the end of the previous reported quarter. Valueact Holdings Lp who had been investing in Cbre Group Inc for a number of months, seems to be less bullish one the $ market cap company. The stock decreased 0.23% or $0.11 during the last trading session, reaching $47.31. About 1.40M shares traded or Infinity% up from the average. CBRE Group Inc Class A (NYSE:CBG) has 0.00% since August 9, 2017 and is . It has underperformed by 12.57% the S&P500.

More recent CBRE Group Inc Class A (NYSE:CBG) news were published by: Streetinsider.com which released: “Form 8-K REALTY INCOME CORP For: Jul 09” on July 12, 2018. Also Bizjournals.com published the news titled: “Renovation planned for Midtown’s AT&T Plaza” on July 16, 2018. Bizjournals.com‘s news article titled: “Real Estate Notebook: Public realm of Atlanta ‘broken,’ SalesLoft adds hundreds of jobs” with publication date: July 20, 2018 was also an interesting one.

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

Among 4 analysts covering CBRE Group (NYSE:CBG), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. CBRE Group had 4 analyst reports since March 6, 2018 according to SRatingsIntel. On Thursday, March 15 the stock rating was maintained by Barclays Capital with “Overweight”. The rating was initiated by Goldman Sachs with “Buy” on Tuesday, April 3. The stock of CBRE Group Inc Class A (NYSE:CBG) has “Hold” rating given on Thursday, March 8 by Keefe Bruyette & Woods. JP Morgan maintained it with “Overweight” rating and $53 target in Tuesday, March 6 report.

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

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