ILLEGAL ACTIVITY WARNING: "CBRE Group Inc Expected to Post FY2018 Earnings of $2.55 Per Share (CBG)" was reported by Community Financial News and is the sole property of of Community Financial News. The shares were sold at an average price of $35.35, for a total transaction of $1,279,988.15. The Texas-based Nokomis Capital L.L.C. has invested 1.09% in the stock.
CBG has been the subject of several other reports.
10/20/2015 - CBRE Group, Inc. had its " rating reiterated by analysts at Barclays. First Trust Advsr Limited Partnership holds 0.04% of its portfolio in CBRE Group Inc (NYSE:CBG) for 436,905 shares. Current price places the company's stock 9.36% away from its 200-day simple moving average, -3.62%, away from the 50-day average and also -2.29% away from 20-day average. The last close places the company's stock about $3.53 off its 52 week high of $36.74 and $9.1 above the 52 week low of $24.11. The company has market cap of $10.79 billion. British Columbia Investment Mngmt Corporation has 0.04% invested in CBRE Group Inc (NYSE:CBG). The financial services provider reported $0.93 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.79 by $0.14. The SI to Cbre Group Incorporated's float is 3.63%. During the same period a year ago, the firm earned $0.81 earnings per share. On average, equities analysts anticipate that CBRE Group Inc will post $2.38 earnings per share for the current fiscal year. Finally, Teachers Advisors LLC increased its position in shares of CBRE Group by 6.8% in the third quarter. If you are reading this piece on another publication, it was copied illegally and republished in violation of USA & worldwide trademark and copyright legislation. Zacks Investment Research upgraded CBRE Group from a "hold" rating to a "buy" rating and set a $35.00 target price on the stock in a research note on Tuesday, January 3rd. Morgan Stanley downgraded Jive Software Inc (NASDAQ:JIVE) on Thursday, September 10 to "Underweight" rating. They now have a United States dollars 32 price target on the stock. Following the sale, the director now owns 30,278 shares of the company's stock, valued at approximately $1,099,999.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Gil Borok sold 36,209 shares of the business's stock in a transaction on Thursday, February 16th. Another trade for 2,830 shares valued at $100,437 was sold by FEENY CURTIS F. The insider LAFITTE MICHAEL J sold 15,000 shares worth $525,032. Harris Associates L P now owns 17,642,329 shares of the company's stock valued at $493,633,000 after buying an additional 1,601,492 shares during the last quarter. The disclosure for this sale can be found here. Two equity analysts rating the company a strong buy, 5 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $37.17. The company has PEG ratio of 1.84.
It fall, as 62 investors sold CBG shares while 151 reduced holdings. Ingalls & Snyder Ltd Liability Corp has 0.12% invested in CBRE Group Inc (NYSE:CBG) for 68,449 shares. While looking the figure depicted by the Price to Earning we can suggest that the shares of CBRE Group, Inc. Bank of Montreal Can now owns 159,283 shares of the company's stock worth $4,457,000 after buying an additional 5,800 shares during the period. Argentus Capital Management LLC now owns 8,521 shares of the financial services provider's stock worth $238,000 after buying an additional 107 shares during the period.
CBRE Group, Inc is a holding company that conducts all of its operations through its subsidiaries. The Company operates as a commercial real estate services and investment company.