Large Outflow of Money Witnessed in CBRE Group

CBRE Group (CBG): The stock had negative money flow to the tune of ($3.01 million) on Friday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $0.48 million, whereas, the outflow of money on downticks was $3.48 million and the ratio between the two was 0.14. The block trade had a negative net money flow of ($3.4 million). On the other hand, downticks amounted to $3.4 million of the traded value, which shows distribution in the stock by traders. CBRE Group (CBG) closed with marginal gains of 11 cents to end the day at $30, an increase of 0.37% over the previous days close. The stock recorded 1.25% for the week.


The company Insiders own 1.1% of CBRE Group shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -3.76% . Institutional Investors own 96.7% of CBRE Group shares. During last six month period, the net percent change held by insiders has seen a change of -3.8%.

In a related news, The Securities and Exchange Commission has divulged that Kirk J. Christopher, officer (EVP, Chief Admin. Officer) of Cbre Group, Inc., had unloaded 17,739 shares at an average price of $29.79 in a transaction dated on August 30, 2016. The total value of the transaction was worth $528,445.

CBRE Group (NYSE:CBG): The stock opened at $30.02 and touched an intraday high of $30.385 on Friday. During the day, the stock corrected to an intraday low of $29.81, however, the bulls stepped in and pushed the price higher to close in the green at $30.17 with a gain of 0.94% for the day. The total traded volume for the day was 2,408,433. The stock had closed at $29.89 in the previous trading session.

CBRE Group (CBG) : Traders are bullish on CBRE Group (CBG) as it has outperformed the S&P 500 by a wide margin of 2.03% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.31%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.82% in the last 1 week, and is up 1.89% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

CBRE Group, Inc. is a holding company that conducts all of its operations through its indirect subsidiaries. The Company is a commercial real estate services and investment firm. The Company operates through the segments: Americas; Europe, Middle East and Africa; Asia Pacific; Global Investment Management, and Development Services. It offers services to occupiers, owners, lenders and investors in office retail industrial multifamily and other types of commercial real estate. Its business is focused on competencies, including commercial property and corporate facilities management, tenant/occupier and property/agency leasing, capital markets solutions (property sales, commercial mortgage origination and servicing, and debt/structured finance), real estate investment management, valuation, development services and research. It generates revenues from management fees on a contractual and per-project basis and from commissions on transactions. It also offers Global Workplace Solutions.

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