Cooke & Bieler LP Cut Cbre Group Cl A (CBG) Stake By $24.87 Million; Invesco LTD Lifted Its Argan (AGX) Stake

May 20, 2018 - By Peter Erickson

CBRE Group Inc  Class A (NYSE:CBG) Logo

Cooke & Bieler Lp decreased Cbre Group Inc. Cl A (CBG) stake by 29.13% reported in 2017Q4 SEC filing. Cooke & Bieler Lp sold 578,391 shares as Cbre Group Inc. Cl A (CBG)’s stock rose 11.11%. The Cooke & Bieler Lp holds 1.41M shares with $60.96 million value, down from 1.99 million last quarter. Cbre Group Inc. Cl A now has $ valuation. 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 risen 31.31% since May 20, 2017 and is uptrending. It has outperformed by 19.76% the S&P500.

Invesco Ltd increased Argan Inc (AGX) stake by 14.69% reported in 2017Q4 SEC filing. Invesco Ltd acquired 27,746 shares as Argan Inc (AGX)’s stock declined 16.14%. The Invesco Ltd holds 216,568 shares with $9.75 million value, up from 188,822 last quarter. Argan Inc now has $608.70M valuation. The stock decreased 2.01% or $0.8 during the last trading session, reaching $39.1. About 174,466 shares traded. Argan, Inc. (NYSE:AGX) has declined 40.73% since May 20, 2017 and is downtrending. It has underperformed by 52.28% the S&P500.

Another recent and important Argan, Inc. (NYSE:AGX) news was published by Globenewswire.com which published an article titled: “Recent Analysis Shows Camden Property Trust, Biglari, Argan, Chimerix, Workhorse Group, and Magellan Midstream …” on May 17, 2018.

Invesco Ltd decreased Harris Corp Del (NYSE:HRS) stake by 82,763 shares to 934,758 valued at $132.41M in 2017Q4. It also reduced Hackett Group Inc (NASDAQ:HCKT) stake by 23,064 shares and now owns 36,411 shares. Integra Lifesciences Hldgs C (NASDAQ:IART) was reduced too.

Among 3 analysts covering Argan (NYSE:AGX), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Argan had 5 analyst reports since October 16, 2015 according to SRatingsIntel. Wm Smith initiated it with “Not Rated” rating and $45 target in Friday, October 16 report. The firm earned “Buy” rating on Wednesday, March 28 by Lake Street. The firm has “Buy” rating given on Thursday, June 9 by Lake Street. The stock has “Mkt Perform” rating by Avondale on Thursday, December 8. The rating was downgraded by Lake Street on Thursday, December 7 to “Hold”.

Among 13 analysts covering CBRE Group (NYSE:CBG), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. CBRE Group had 30 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Barclays Capital given on Tuesday, August 15. The stock of CBRE Group Inc Class A (NYSE:CBG) has “Overweight” rating given on Tuesday, January 30 by Barclays Capital. Barclays Capital maintained it with “Overweight” rating and $43 target in Thursday, September 3 report. Keefe Bruyette & Woods maintained the shares of CBG in report on Thursday, July 27 with “Hold” rating. The company was maintained on Tuesday, July 18 by Barclays Capital. The stock has “Hold” rating by Keefe Bruyette & Woods on Monday, May 29. Sterne Agee CRT initiated CBRE Group Inc Class A (NYSE:CBG) rating on Wednesday, August 26. Sterne Agee CRT has “Buy” rating and $42 target. On Thursday, December 21 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The stock of CBRE Group Inc Class A (NYSE:CBG) earned “Conviction-Buy” rating by Goldman Sachs on Wednesday, August 12. Keefe Bruyette & Woods maintained CBRE Group Inc Class A (NYSE:CBG) rating on Friday, February 9. Keefe Bruyette & Woods has “Hold” rating and $45.0 target.

Investors sentiment increased to 1.24 in Q4 2017. Its up 0.28, from 0.96 in 2017Q3. It is positive, as 28 investors sold CBG shares while 159 reduced holdings. 78 funds opened positions while 154 raised stakes. 308.33 million shares or 1.51% less from 313.05 million shares in 2017Q3 were reported. Ent Fincl Serv Corp has invested 0% in CBRE Group Inc Class A (NYSE:CBG). Moreover, State Of Alaska Department Of Revenue has 0.05% invested in CBRE Group Inc Class A (NYSE:CBG). Wetherby Asset Mgmt Inc reported 13,352 shares stake. Paloma Prns Mngmt holds 0.44% or 749,509 shares. Earnest Ptnrs Limited Liability Corporation has invested 0.72% in CBRE Group Inc Class A (NYSE:CBG). Tarbox Family Office accumulated 51 shares or 0% of the stock. Numeric Invsts Limited Liability Company holds 0% of its portfolio in CBRE Group Inc Class A (NYSE:CBG) for 11,900 shares. Harris Assoc Ltd Partnership holds 1.07% or 15.15 million shares. Tocqueville Asset Mgmt Ltd Partnership invested in 0.09% or 175,416 shares. Cutter & Brokerage Inc has invested 0.12% of its portfolio in CBRE Group Inc Class A (NYSE:CBG). Canada Pension Plan Investment Board accumulated 0% or 27,854 shares. Plante Moran Financial Advsr Ltd Liability Corp has 238 shares. Old Mutual Global Invsts (Uk) reported 2.18 million shares. Korea Invest Corporation invested in 0.04% or 226,116 shares. British Columbia Management reported 0.09% in CBRE Group Inc Class A (NYSE:CBG).

Cooke & Bieler Lp increased Omnicom Group (NYSE:OMC) stake by 200,118 shares to 1.80M valued at $130.77 million in 2017Q4. It also upped H.B. Fuller Company (NYSE:FUL) stake by 5,860 shares and now owns 395,940 shares. World Fuel Svcs (NYSE:INT) was raised too.

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

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