Causeway Capital Management Upped British Amern Tob Plc (BTI) Holding By $7.13 Million; Omers Administration Has Decreased Its Cbre Group (CBG) Stake

February 23, 2018 - By Winifred Garcia

Causeway Capital Management Llc increased British Amern Tob Plc (BTI) stake by 27.18% reported in 2017Q3 SEC filing. Causeway Capital Management Llc acquired 115,041 shares as British Amern Tob Plc (BTI)’s stock rose 13.21%. The Causeway Capital Management Llc holds 538,226 shares with $33.61 million value, up from 423,185 last quarter. British Amern Tob Plc now has $132.07 billion valuation. The stock increased 3.15% or $1.9001 during the last trading session, reaching $62.3101. About 881,189 shares traded. British American Tobacco p.l.c. (NYSEMKT:BTI) has risen 17.78% since February 23, 2017 and is uptrending. It has outperformed by 1.08% the S&P500.

Omers Administration Corp decreased Cbre Group Inc (CBG) stake by 11.62% reported in 2017Q3 SEC filing. Omers Administration Corp sold 652,495 shares as Cbre Group Inc (CBG)’s stock declined 5.61%. The Omers Administration Corp holds 4.97M shares with $188.08M value, down from 5.62M last quarter. Cbre Group Inc now has $15.23B valuation. The stock increased 1.66% or $0.75 during the last trading session, reaching $45.53. About 1.13M shares traded. CBRE Group, Inc. (NYSE:CBG) has risen 21.33% since February 23, 2017 and is uptrending. It has outperformed by 4.63% the S&P500.

Analysts await CBRE Group, Inc. (NYSE:CBG) to report earnings on April, 26. They expect $0.51 EPS, up 18.60% or $0.08 from last year’s $0.43 per share. CBG’s profit will be $170.63 million for 22.32 P/E if the $0.51 EPS becomes a reality. After $0.99 actual EPS reported by CBRE Group, Inc. for the previous quarter, Wall Street now forecasts -48.48% negative EPS growth.

Since September 8, 2017, it had 0 insider buys, and 11 sales for $209.16 million activity. The insider CONCANNON WILLIAM F sold $975,493. 40,000 shares valued at $1.70M were sold by SULENTIC ROBERT E on Friday, February 9. $197.45 million worth of CBRE Group, Inc. (NYSE:CBG) was sold by ValueAct Holdings – L.P.. GROCH JAMES R sold 50,000 shares worth $2.25M. Frese Calvin W Jr sold $1.00 million worth of stock or 25,000 shares. 25,888 shares were sold by LAFITTE MICHAEL J, worth $1.16M. KIRK J. CHRISTOPHER also sold $866,400 worth of CBRE Group, Inc. (NYSE:CBG) shares.

Investors sentiment increased to 0.96 in 2017 Q3. Its up 0.06, from 0.9 in 2017Q2. It improved, 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. Sun Life Fincl Incorporated holds 0.01% of its portfolio in CBRE Group, Inc. (NYSE:CBG) for 2,217 shares. Canada Pension Plan Board accumulated 76,159 shares. Boston Advsrs Limited Liability Company invested 0.02% of its portfolio in CBRE Group, Inc. (NYSE:CBG). 1.49 million are owned by Evercore Wealth Mgmt Lc. Northern Cap Mngmt Ltd Limited Liability Company reported 100,587 shares. Macquarie Grp owns 0% invested in CBRE Group, Inc. (NYSE:CBG) for 34,800 shares. Smithfield Trust, Pennsylvania-based fund reported 179 shares. Ycg Ltd reported 317,604 shares. The California-based Advisor Lc has invested 0.08% in CBRE Group, Inc. (NYSE:CBG). Alliancebernstein LP has invested 0.09% in CBRE Group, Inc. (NYSE:CBG). D E Shaw And Company holds 137,846 shares. Aperio Group Limited Liability Co stated it has 0.09% in CBRE Group, Inc. (NYSE:CBG). Fny Managed Accounts Ltd Company holds 0.02% of its portfolio in CBRE Group, Inc. (NYSE:CBG) for 488 shares. Nebraska-based Farmers & Merchants has invested 0% in CBRE Group, Inc. (NYSE:CBG). Northwestern Mutual Wealth Mngmt Com has invested 0% 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. Sterne Agee CRT initiated CBRE Group, Inc. (NYSE:CBG) rating on Wednesday, August 26. Sterne Agee CRT has “Buy” rating and $42 target. The stock of CBRE Group, Inc. (NYSE:CBG) earned “Hold” rating by UBS on Wednesday, July 26. The firm has “Hold” rating by Keefe Bruyette & Woods given on Friday, February 9. The company was maintained on Thursday, July 27 by Keefe Bruyette & Woods. The stock has “Outperform” rating by Wedbush on Thursday, October 6. The stock has “Market Perform” rating by Wood on Monday, May 16. Barclays Capital maintained CBRE Group, Inc. (NYSE:CBG) on Thursday, September 3 with “Overweight” rating. The stock of CBRE Group, Inc. (NYSE:CBG) has “Market Perform” rating given on Monday, May 16 by Keefe Bruyette & Woods. On Wednesday, January 24 the stock rating was downgraded by JMP Securities to “Market Perform”. The rating was maintained by Keefe Bruyette & Woods on Tuesday, October 10 with “Hold”.

Omers Administration Corp increased Telus Corp (NYSE:TU) stake by 40,070 shares to 107,370 valued at $3.85M in 2017Q3. It also upped Hp Inc stake by 275,700 shares and now owns 429,900 shares. Oracle Corp (NYSE:ORCL) was raised too.

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 daily email newsletter.





Free Email 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