As Facebook Cl A (FB) Share Price Rose, United American Securities Has Increased Stake; Cbre Group (CBG) Holder Omers Administration Has Lowered Its Holding

January 23, 2018 - By Marie Mckinney

Omers Administration Corp decreased its stake in Cbre Group Inc (CBG) by 11.62% based on its latest 2017Q3 regulatory filing with the SEC. Omers Administration Corp sold 652,495 shares as the company’s stock declined 5.61% while stock markets rallied. The institutional investor held 4.97M shares of the finance company at the end of 2017Q3, valued at $188.08 million, down from 5.62 million at the end of the previous reported quarter. Omers Administration Corp who had been investing in Cbre Group Inc for a number of months, seems to be less bullish one the $15.38B market cap company. The stock increased 0.48% or $0.22 during the last trading session, reaching $45.95. About 849,845 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.

United American Securities Inc increased its stake in Facebook Inc Cl A (FB) by 19.38% based on its latest 2017Q3 regulatory filing with the SEC. United American Securities Inc bought 12,220 shares as the company’s stock rose 10.88% with the market. The institutional investor held 75,260 shares of the technology company at the end of 2017Q3, valued at $12.86 million, up from 63,040 at the end of the previous reported quarter. United American Securities Inc who had been investing in Facebook Inc Cl A for a number of months, seems to be bullish on the $550.22B market cap company. The stock increased 2.15% or $3.98 during the last trading session, reaching $189.35. About 23.94M shares traded or 32.23% up from the average. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since January 23, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Analysts await CBRE Group, Inc. (NYSE:CBG) to report earnings on February, 9. They expect $0.94 EPS, up 1.08% or $0.01 from last year’s $0.93 per share. CBG’s profit will be $314.55 million for 12.22 P/E if the $0.94 EPS becomes a reality. After $0.64 actual EPS reported by CBRE Group, Inc. for the previous quarter, Wall Street now forecasts 46.88% EPS growth.

Since August 4, 2017, it had 0 buys, and 10 insider sales for $206.75 million activity. ValueAct Holdings – L.P. also sold $197.45 million worth of CBRE Group, Inc. (NYSE:CBG) shares. Another trade for 6,900 shares valued at $298,644 was made by MALEK FREDERIC V on Monday, December 11. The insider SULENTIC ROBERT E sold 90,000 shares worth $3.23 million. LAFITTE MICHAEL J also sold $991,734 worth of CBRE Group, Inc. (NYSE:CBG) on Tuesday, August 22. $1.00M worth of CBRE Group, Inc. (NYSE:CBG) shares were sold by Frese Calvin W Jr. On Tuesday, December 12 KIRK J. CHRISTOPHER sold $866,400 worth of CBRE Group, Inc. (NYSE:CBG) or 20,000 shares.

Omers Administration Corp, which manages about $8.76 billion US Long portfolio, upped its stake in Vwr Corp by 99,020 shares to 602,620 shares, valued at $19.95 million in 2017Q3, according to the filing. It also increased its holding in Bank Montreal Que (NYSE:BMO) by 956,090 shares in the quarter, for a total of 3.84M shares, and has risen its stake in 3M Co (NYSE:MMM).

Among 9 analysts covering CBRE Group (NYSE:CBG), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. CBRE Group had 21 analyst reports since August 12, 2015 according to SRatingsIntel. Sterne Agee CRT initiated it with “Buy” rating and $42 target in Wednesday, August 26 report. The stock of CBRE Group, Inc. (NYSE:CBG) earned “Buy” rating by Bank of America on Monday, November 6. The firm has “Hold” rating by Keefe Bruyette & Woods given on Monday, May 29. Keefe Bruyette & Woods maintained CBRE Group, Inc. (NYSE:CBG) rating on Thursday, December 21. Keefe Bruyette & Woods has “Hold” rating and $44.0 target. The stock of CBRE Group, Inc. (NYSE:CBG) earned “Conviction-Buy” rating by Goldman Sachs on Wednesday, August 12. UBS initiated the stock with “Hold” rating in Wednesday, July 26 report. The firm earned “Overweight” rating on Tuesday, August 15 by Barclays Capital. Keefe Bruyette & Woods maintained the shares of CBG in report on Thursday, July 27 with “Hold” rating. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, July 20 report. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Friday, November 3.

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. Tributary Mgmt Limited Co invested 0.12% of its portfolio in CBRE Group, Inc. (NYSE:CBG). Sarasin Prns Llp accumulated 0.05% or 70,868 shares. Benjamin F Edwards And holds 0% of its portfolio in CBRE Group, Inc. (NYSE:CBG) for 125 shares. Pictet Asset Mngmt Limited reported 162,585 shares. Proshare Ltd Liability Com accumulated 96,956 shares. Whitnell Com owns 500 shares for 0.01% of their portfolio. Chicago Equity Ptnrs Limited Company has invested 0.02% in CBRE Group, Inc. (NYSE:CBG). Canada Pension Plan Investment Board has 76,159 shares for 0.01% of their portfolio. State Of Tennessee Treasury Department invested in 0.11% or 571,247 shares. 2,808 are owned by Assetmark Incorporated. Signature Inc invested 0.09% in CBRE Group, Inc. (NYSE:CBG). Texas Permanent School Fund holds 0.04% or 83,350 shares in its portfolio. 8,500 are held by Denali Advsr Lc. Dubuque Commercial Bank And, Iowa-based fund reported 228 shares. Fdx Advsrs accumulated 81,646 shares.

Since August 7, 2017, it had 0 insider buys, and 39 sales for $957.86 million activity. 16,000 shares were sold by Cox Christopher K, worth $2.83 million on Thursday, December 7. 15,470 shares were sold by Wehner David M., worth $2.59 million on Monday, August 21. 37,963 shares were sold by Schroepfer Michael Todd, worth $6.53M. The insider Zuckerberg Mark sold $42.50M. 640,754 shares were sold by Koum Jan, worth $109.70M. FISCHER DAVID B. sold $806,019 worth of stock.

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>