As Cbre Group (CBG) Stock Price Declined, Greystone Managed Investments Has Trimmed Its Stake by $479,409; Tig Advisors Has Lifted Straight Path Communicatns I (STRP) Position

February 15, 2018 - By Darrin Black

Carl Tiedemann increased its stake in Straight Path Communicatns I (STRP) by 176.36% based on its latest 2017Q3 regulatory filing with the SEC. Tig Advisors Llc bought 272,482 shares as the company’s stock rose 414.53% with the market. The hedge fund run by Carl Tiedemann held 426,982 shares of the telecommunications equipment company at the end of 2017Q3, valued at $77.14 million, up from 154,500 at the end of the previous reported quarter. Tig Advisors Llc who had been investing in Straight Path Communicatns I for a number of months, seems to be bullish on the $2.34 billion market cap company. The stock increased 0.01% or $0.02 during the last trading session, reaching $183.15. About 41,878 shares traded. Straight Path Communications Inc. (NYSEMKT:STRP) has risen 435.39% since February 15, 2017 and is uptrending. It has outperformed by 418.69% the S&P500.

Greystone Managed Investments Inc decreased its stake in Cbre Group Inc (CBG) by 5.34% based on its latest 2017Q3 regulatory filing with the SEC. Greystone Managed Investments Inc sold 12,957 shares as the company’s stock declined 5.61% while stock markets rallied. The institutional investor held 229,550 shares of the finance company at the end of 2017Q3, valued at $8.70 million, down from 242,507 at the end of the previous reported quarter. Greystone Managed Investments Inc who had been investing in Cbre Group Inc for a number of months, seems to be less bullish one the $15.07 billion market cap company. The stock increased 2.04% or $0.9 during the last trading session, reaching $45.04. About 2.89M shares traded or 44.91% up from the average. CBRE Group, Inc. (NYSE:CBG) has risen 21.33% since February 15, 2017 and is uptrending. It has outperformed by 4.63% the S&P500.

Tig Advisors Llc, which manages about $3.62 billion and $1.78B US Long portfolio, decreased its stake in Time Warner Inc (Put) (NYSE:TWX) by 1.92 million shares to 70,000 shares, valued at $7.17 million in 2017Q3, according to the filing. It also reduced its holding in Akorn Inc (Put) (NASDAQ:AKRX) by 400,200 shares in the quarter, leaving it with 2,700 shares, and cut its stake in Time Warner Inc (Call) (NYSE:TWX).

Investors sentiment decreased to 1.73 in Q3 2017. Its down 0.17, from 1.9 in 2017Q2. It dropped, as 16 investors sold STRP shares while 24 reduced holdings. 22 funds opened positions while 47 raised stakes. 6.64 million shares or 11.93% more from 5.93 million shares in 2017Q2 were reported. Horizon Kinetics Lc holds 2,156 shares or 0.01% of its portfolio. Renaissance Techs Ltd Company stated it has 34,500 shares. Panagora Asset holds 2,153 shares or 0% of its portfolio. Jefferies Grp Incorporated Ltd Limited Liability Company reported 9,167 shares stake. Northern Tru Corporation holds 0.01% in Straight Path Communications Inc. (NYSEAMERICAN:STRP) or 119,759 shares. Havens Limited Company reported 64,000 shares. 6,500 are held by Amer International Group. Credit Suisse Ag owns 0.01% invested in Straight Path Communications Inc. (NYSEAMERICAN:STRP) for 77,372 shares. Susquehanna Llp owns 5,456 shares or 0% of their US portfolio. Millennium Mngmt Ltd Llc holds 25,842 shares or 0.01% of its portfolio. Lombard Odier Asset Mgmt (Usa) holds 0.1% or 8,000 shares. 33,000 were reported by Parallax Volatility Advisers Lp. Magnetar reported 1.38% stake. 11,161 were reported by Indexiq Advisors Ltd Liability. D E Shaw And Inc holds 6,253 shares.

Since October 13, 2017, it had 0 insider purchases, and 9 selling transactions for $12.57 million activity. WELD WILLIAM F had sold 8,000 shares worth $1.45M. ZEIDMAN FRED S had sold 15,000 shares worth $2.72 million. 7,700 Straight Path Communications Inc. (NYSEAMERICAN:STRP) shares with value of $1.40 million were sold by TODD K CHRIS. PI ZHOUYUE also sold $3.08 million worth of Straight Path Communications Inc. (NYSEAMERICAN:STRP) shares. Another trade for 3,994 shares valued at $724,780 was sold by BREAU DAVID L.

Greystone Managed Investments Inc, which manages about $2.28 billion US Long portfolio, upped its stake in Chevron Corp New (NYSE:CVX) by 4,043 shares to 139,655 shares, valued at $16.41 million in 2017Q3, according to the filing. It also increased its holding in Medtronic Plc (NYSE:MDT) by 4,980 shares in the quarter, for a total of 91,484 shares, and has risen its stake in Canadian Natl Ry Co (NYSE:CNI).

Since August 16, 2017, it had 0 buys, and 7 selling transactions for $201.70 million activity. The insider MALEK FREDERIC V sold $298,644. Another trade for 25,000 shares valued at $1.00 million was sold by Frese Calvin W Jr. On Wednesday, August 16 Midler Laurence H sold $866,714 worth of CBRE Group, Inc. (NYSE:CBG) or 24,246 shares. $975,493 worth of CBRE Group, Inc. (NYSE:CBG) was sold by CONCANNON WILLIAM F. LAFITTE MICHAEL J also sold $991,734 worth of CBRE Group, Inc. (NYSE:CBG) shares. $197.45 million worth of CBRE Group, Inc. (NYSE:CBG) shares were sold by ValueAct Holdings – L.P..

Investors sentiment increased to 0.96 in 2017 Q3. Its up 0.06, from 0.9 in 2017Q2. It is positive, as 24 investors sold CBG 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. First Allied Advisory Service Incorporated reported 6,307 shares stake. Goldman Sachs Gp owns 4.43M shares. Suncoast Equity Management reported 5.17% stake. Korea Investment stated it has 225,516 shares. Shufro Rose And Ltd Liability Co holds 0.34% or 88,150 shares in its portfolio. Paloma Prns Management invested in 14,042 shares or 0.01% of the stock. Magnetar Fincl Lc invested 0% in CBRE Group, Inc. (NYSE:CBG). Apg Asset Mgmt Nv stated it has 175,400 shares. Systematic Finance Mgmt LP holds 0.54% in CBRE Group, Inc. (NYSE:CBG) or 699,495 shares. Coe Management Limited, a Illinois-based fund reported 13,990 shares. Liberty Mutual Gru Asset Management holds 13,091 shares or 0.03% of its portfolio. Tiverton Asset Management Limited Liability Company stated it has 215,684 shares. Federated Investors Incorporated Pa holds 0.2% in CBRE Group, Inc. (NYSE:CBG) or 1.86 million shares. Natixis invested 0% in CBRE Group, Inc. (NYSE:CBG). Oppenheimer Inc stated it has 0.04% of its portfolio in CBRE Group, Inc. (NYSE:CBG).

Among 11 analysts covering CBRE Group (NYSE:CBG), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. CBRE Group had 26 analyst reports since August 12, 2015 according to SRatingsIntel. As per Thursday, October 6, the company rating was initiated by Wedbush. On Tuesday, July 18 the stock rating was maintained by Barclays Capital with “Overweight”. The firm has “Market Perform” rating given on Monday, May 16 by Keefe Bruyette & Woods. The rating was reinitiated by William Blair on Friday, February 2 with “Buy”. The firm earned “Hold” rating on Friday, November 3 by Keefe Bruyette & Woods. The company was maintained on Thursday, September 3 by Barclays Capital. The firm earned “Market Perform” rating on Wednesday, January 24 by JMP Securities. On Monday, May 16 the stock rating was initiated by Wood with “Market Perform”. On Wednesday, August 26 the stock rating was initiated by Sterne Agee CRT with “Buy”. The stock of CBRE Group, Inc. (NYSE:CBG) has “Hold” rating given on Wednesday, July 26 by UBS.

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