CBRE Group Inc $ 46.66 -0.07 (-0.15%)
CBRE Group Inc News and Headlines -
CBRE Group, Inc. Class A
CBRE Group (CBRE) is the largest commercial real estate services firm in the U.S. The company has significant scale across its various service lines and geographies, enabling it to consistently invest more than its smaller peers into the research, tools and technology that customers value. This industry-leading value proposition has driven consistent share gains for CBRE in recent years as large clients have been attracted to the company's differentiated capabilities and the best brokers have been attracted by the steady stream of clients. We expect CBRE to continue to gain market share in
According to the GuruFocus All-in-One Screener, a Premium feature, as of Sept. 30 the following guru-held companies have positive future earnings estimates from Morningstar analysts.
The Kroger Co.
Shares of The Kroger Co. (KR) were trading around $33.77 on Wednesday.
The American grocer has a GuruFocus profitability rating of 8 out of 10. Its earnings per share have declined 0.20% over the past three years.
Analysts project a three-year to five-year earnings growth rate of 6.35%. The return on equity of 27.83% and return on assets of 5.63% are outperforming 77% of
The following insurance companies have grown their earnings per share over a five-year period. According to the GuruFocus discounted cash flow calculator as of July 30, all of them also trade with a margin of safety.
AvalonBay Communities Inc.'s (AVB) earnings per share have grown 3.60% per annum over the past five years.
According to the DCF calculator, the stock is undervalued with a 5.76% margin of safety at $150.24 per share. The price-earnings ratio 26.83. The share price has been as high as $229.40 and as low as $118.17 in the last 52 weeks; it is currently
According to the GuruFocus All-in-One Screener, a Premium feature, the following companies have grown their book value per share over the past decade through July 29.
Book value per share is calculated as total equity minus preferred stock, divided by shares outstanding. Theoretically, it is what shareholders will receive if a company is liquidated. Total equity is a balance sheet item and is equal to total assets minus total liabilities.
Since the book value per share may not reflect the company’s true value, some investors check the tangible book value to confirm their investment ideas.
During the quarter, we sold our investment in Apache (U.S.) and purchased CBRE Group (CBRE) (U.S.), one of the world’s largest commercial real estate service companies. Our research indicates that CBRE is one of the most highly regarded brands in the commercial real estate industry and possesses meaningful scale advantages, maintaining top market positions across most of its business units. About half of the company’s revenues are from stable and recurring fee-based businesses, such as property management, that, in our opinion, are growing rapidly. CBRE’s property management segment, combined with its brokerage business, differentiates its service offerings from some
The Oakmark Global Select Fund had a strong quarter of absolute and relative performance, returning 23.1%. The benchmark MSCI World Index returned 19.4% for the same period. The Fund has returned an average of 6.4% per year since its inception in October 2006, outperforming the MSCI World Index, which has averaged 5.6% per year over the same period.
Alphabet (GOOGL), the parent company of Google that is headquartered in the U.S., was the largest contributor for the quarter, returning 22.2%. The share price improved along with the broader U.S. equities market. The company also delivered reassuring first-quarter results in April
According to the GuruFocus All-in-One Screener, a Premium feature, the following companies have high business predictability ratings and wide margins of safety as of July 8.
The GEO Group Inc. (GEO) has a business predictability rank of 3 out of 5 stars and, according to the discounted cash flow calculator, a 19.65% margin of safety at an average price of $11.49 per share.
The healthcare facility real estate investment trust has a market cap of $1.3 billion and an enterprise value of $4.1 billion. Over the past five years, its revenue has grown 7.9%.
Investors may want to have a look at the following stocks, as they have low price-sales ratios, high profitability and robust balance sheets.
The first company to have a look at is Walmart Inc (WMT), a Bentonville, Arkansas-based global discount stores giant.
The stock traded at a price of $121.56 per share at close on June 5 for a price-sales ratio of 0.64, which is higher than the industry median of 0.37.
Walmart has a GuruFocus profitability rating of 7 out of 10, driven by a return on equity of 20.82% (versus the industry median of 6.43%)
Our largest detractor for the quarter was CBRE Group (CBRE), which declined as the company’s leasing and capital markets segments are directly exposed to the current cessation of economic activity. We still find CBRE an attractive investment. The company’s outsourcing segment is less cyclical than other parts of its business and should be a durable source of cash flows during the downturn. CBRE has low net debt and significant liquidity. Rather than fighting for survival, its management team will likely be acting opportunistically to add per share value through this downturn.
From [url=https://www.gurufocus.com/StockBuy.php?GuruName=Bill+Nygren]Bill Nygren[/url] ([url=https://www.gurufocus.com/StockBuy.php?GuruName=Bill+Nygren]Trades[/url], [url=https://www.gurufocus.com/holdings.php?GuruName=Bill+Nygren]Portfolio[/url])'s Oakmark Select
The Oakmark Select Fund was down 33% for the quarter, trailing the S&P 500 Index’s negative 20% return, in a quarter in which the Russell 1000 Value Index underperformed the Russell 1000 Growth Index by 13%. As [url=https://www.gurufocus.com/StockBuy.php?GuruName=Bill+Nygren]Bill Nygren[/url] ([url=https://www.gurufocus.com/StockBuy.php?GuruName=Bill+Nygren]Trades[/url], [url=https://www.gurufocus.com/holdings.php?GuruName=Bill+Nygren]Portfolio[/url]) pointed out in his quarterly commentary, what started out as a relatively benign quarter turned terrible from late February onwards.
Our top contributor in the quarter and over the past six months was Regeneron Pharmaceuticals (REGN). The company is at the forefront of developing potential coronavirus treatments. The relative attractiveness of Regeneron stock has diminished substantially given its
According to the GuruFocus All-in-One Screener, a Premium feature, the following companies have high business predictability ratings and a wide margin of safety.
Allstate Corp. (ALL) has a business predictability rank of 3.5 out of five stars and, according to the discounted cash flow calculator, a 79% margin of safety at an average price of $83.8 per share.
The property-casualty insurance company has a market cap of $26 billion and an enterprise value of $30.8 billion. Over the past five years, its revenue has grown 4.6% and its earnings per share have
Generation Investment Management, the firm founded by David Blood and former U.S. Vice President Al Gore (Trades, Portfolio), disclosed last week that its four new holdings for the fourth quarter of 2019 were Baxter International Inc. (BAX), Illumina Inc. (ILMN), Penumbra Inc. (PEN) and CBRE Group Inc. (CBRE).
The London-based fund applies a long-term investment perspective, focusing on sustainability within markets with companies that strategically manage their economic, social and environmental performances. Generation seeks security investments using fundamental analysis and a bottom-up approach, investing in a variety of public equity markets on a global scale.
Nygren is a value investor, one that invest in companies for the long term believing their portfolio trades at a substantial discount to true business value. The firm focuses on free cash flows, intelligent investment of excess cash and a high level of manager ownership.
The Oakmark Fund returned 27% in 2019, but that’s actually a 4% underperformance to the S&P 500. In my book that’s nothing to worry about, but Nygren chose to
A report on CBRE Group (CBRE) touted the company’s improved business mix. Over the past few years, CBRE’s maintenance outsourcing segment has grown rapidly compared to its more cyclical brokerage segment—historically the larger part of the business. Importantly, the market tends to value recurring income, like that from service businesses, at a much higher P/E than businesses based on one-time transactions. Nevertheless, this still concluded that CBRE is fairly priced because its current P/E is approximately at its 15-year average.
From [url=https://www.gurufocus.com/StockBuy.php?GuruName=Bill+Nygren]Bill Nygren[/url] ([url=https://www.gurufocus.com/StockBuy.php?GuruName=Bill+Nygren]Trades[/url], [url=https://www.gurufocus.com/holdings.php?GuruName=Bill+Nygren]Portfolio[/url])'s fourth-quarter 2019 market commentary.
What a difference a year can make! The Oakmark Select Fund returned 11.5% in the fourth quarter compared to the S&P 500’s 9.1% return. Unlike one year ago when fear ruled the day, the fourth quarter of 2019 was a welcome return to a market where business fundamentals mattered. For calendar year 2019, the Oakmark Select Fund increased 27.7% versus 31.5% for the S&P 500. While we still have to make up some ground due to a few years of below-market returns, we are encouraged by these much stronger results.
The largest contributors to performance during the quarter were
The demilitarized zone between value investing (bargain hunting) and growth investing (seeking a rapid increase in earnings) is GARP territory.
GARP stands for growth at a reasonable [rice. It’s an attempt to get some of the benefits of each of the two major stock-picking camps, growth and value.
Generally, I consider a stock to be in the value category if it sells for 15 times earnings or less. Growth stocks usually sell for 20 times earnings or more. From 15 to 20 is GARP land.
I’m a value investor. However, I occasionally will try a GARP pick. In this column,
The Oakmark Select Fund was down 3.4% for the quarter, trailing the S&P 500 Index’s 1.7% return. For the fiscal year ending September 30, 2019, the Oakmark Select Fund decreased by 10.3%, compared to a 4.3% gain for the S&P 500 Index.
As shareholders of the Fund and as stewards of your capital, we remain frustrated by how much our portfolio and the value style have recently underperformed the S&P. However, we are encouraged that the Fund owns a portfolio of securities that trades at a substantial discount to our estimate of its intrinsic value. We expect that when “value”
Al Gore (Trades, Portfolio) is better known as a former U.S. vice president, but he now helps run Generation Investment Management, which currently manages more than $22 billion. While the firm focuses purely on “sustainable” investments, that hasn’t prevented it from beating the majority of hedge funds over the last 15 years. At one point, its 10-year track record was outpacing the S&P 500 (SPY) by nearly 500 basis points annually.
In May, it closed nearly $1 billion in financing for its new fund, the Generational Sustainable Futures Fund, which will focus on high-growth tech firms
The firm exited its Zebra Technologies Corp. (ZBRA) position. The trade had an impact of -4.38% on the portfolio.
The company, which provides products for the automatic identification and data capture market, has a market cap of $11.13 billion and an enterprise value of $12.92 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 36.18% and return on assets of 10.79% are outperforming
The Oakmark Select Fund was up 13.5% for the quarter, very modestly trailing the S&P 500 Index’s 13.7% return. After a punishing December 2018, our portfolio reversed sharply in January (and was, in fact, up almost 15% that month alone, compared to 8% for the S&P 500). February and March felt like a continuation of December in our industrial and consumer discretionary investments, while our energy stocks continued to do well.
Our best performer in the quarter, up 36%, was Apache (APA). The company reported great results during the quarter and it is growing production more than expected, despite spending
|2020-10-22 $ 46.73 (-0.68%)|
|2020-10-12 $ 50.31 (0.82%)|
|2020-10-05 $ 48.61 (1.12%)|
LGI Homes (LGIH) Hits 52-Week High, Can the Run Continue? - www.zacks.com
|2020-10-02 $ 48.07 (1.41%)|
|2020-09-30 $ 46.97 (0.43%)|
5 Guru Stocks Expected to Boost Earnings - GuruFocus.com
|2020-09-29 $ 47.34 (2.2%)|
|2020-08-21 $ 44.91 (1.88%)|
Duke Realty (DRE) Sees Solid Rent Collections in July & August - www.zacks.com
|2020-08-19 $ 44.31 (-0.78%)|
Industrial REITs Poised to Shine on Robust Demand: 4 Top Picks - www.zacks.com
|2020-08-18 $ 44.66 (-0.95%)|
STAG Industrial Sees Healthy Demand, Signs Lease Renewal - www.zacks.com
|2020-08-14 $ 46.02 (-0.02%)|
Duke Realty Sees Solid Demand for Properties in Cincinnati - www.zacks.com
|2020-08-10 $ 45.37 (3.07%)|
Uncertainty Clouds Real Estate Development Industry Outlook - www.zacks.com
Duke Realty Signs Lease with Optoro, Facility 100% Occupied - www.zacks.com
|2020-08-07 $ 44.02 (4.19%)|
Here's How Simon Property (SPG) Looks Ahead of Q2 Earnings - www.zacks.com
|2020-08-06 $ 42.25 (-1.35%)|
REITs Gearing Up for Q2 Earnings on Aug 7: VTR and KIM - www.zacks.com
What's in the Offing for Kimco (KIM) This Earnings Season? - www.zacks.com
|2020-08-05 $ 42.83 (3.23%)|
4 Top REITs Buoying Investor Optimism Amid Coronavirus Crisis - www.zacks.com
|2020-08-04 $ 41.49 (0.34%)|
Mack-Cali (CLI) Q2 FFO, Revenues Miss Estimates, Stock Down - www.zacks.com
Vornado Realty's (VNO) Q2 FFO & Revenues Miss Estimates - www.zacks.com
Aimco's (AIV) Q2 FFO Surpasses, Revenues Miss Estimates - www.zacks.com
|2020-07-31 $ 43.81 (1.25%)|
CBRE Group (CBRE) Q2 Earnings & Revenues Beat Estimates - www.zacks.com
What's in the Cards for Realty Income's (O) Q2 Earnings? - www.zacks.com
CBRE Group (CBRE) Q2 Earnings and Revenues Beat Estimates - www.zacks.com
|2020-07-29 $ 43 (2.75%)|
5 Stocks Expanding Book Value - GuruFocus.com
Highwoods (HIW) Beats on Q2 FFO, Collects 99% July Rents - www.zacks.com
Boston Properties' (BXP) Q2 FFO & Revenues Miss Estimates - www.zacks.com
SITE Centers' (SITC) Q2 OFFO Beats, Revenues Miss Estimates - www.zacks.com
|2020-07-28 $ 41.85 (-1.13%)|
What's in the Offing for CBRE Group's (CBRE) Q2 Earnings? - www.zacks.com
|2020-07-27 $ 42.33 (-1.92%)|
4 Industrial REITs That are Resilient to Coronavirus Crisis - www.zacks.com
|2020-07-24 $ 43.16 (-1.73%)|
What's in the Offing for Duke Realty's (DRE) Q2 Earnings? - www.zacks.com
|2020-07-22 $ 44.36 (0.96%)|
Can Value Investors Pick CBRE Group (CBRE) Stock Now? - www.zacks.com
|2020-07-16 $ 44.59 (-1.39%)|
Near-Term Outlook Bleak for Real Estate Operation Stocks - www.zacks.com
|2020-07-14 $ 43.35 (0.37%)|
5 ROE Picks Amid Rising Sino-American & Coronavirus Tensions - www.zacks.com
|2020-07-09 $ 43.87 (-1.39%)|
Bill Nygren and David Herro Comment on CBRE Group - GuruFocus.com
|2020-07-06 $ 46.38 (1.91%)|
Rexford Continues Expansion, Buys Five Industrial Properties - www.zacks.com
|2020-06-23 $ 46.01 (-0.39%)|
Rexford Boosts Portfolio With Two Industrial Property Buyouts - www.zacks.com
|2020-06-12 $ 46.31 (-9.78%)|
|2020-06-10 $ 53.33 (-3.89%)|
|2020-06-08 $ 55.49 (2.72%)|
Can Jones Lang Brave Low Leasing and Investment Sales? - www.zacks.com
|2020-06-04 $ 50.41 (1.84%)|
New Strong Sell Stocks for June 4th - www.zacks.com
|2020-06-02 $ 45.99 (4.19%)|
|2020-05-29 $ 43.98 (-0.32%)|
Can CBRE Group (CBRE) Tide Over Low Property Sales & Leasing? - www.zacks.com
|2020-05-13 $ 34.84 (-6.34%)|
|2020-05-12 $ 37.2 (-8.87%)|
Will "The New Normal" Still Need Commercial Real Estate? - www.zacks.com
|2020-05-08 $ 41.6 (1.74%)|
Park Hotels (PK) to Report Q1 Earnings: What's in Store? - www.zacks.com
|2020-05-07 $ 40.89 (7.18%)|
CBRE Group (CBRE) Beats on Q1 Earnings, Suspends Guidance - www.zacks.com
CBRE Group (CBRE) Q1 Earnings and Revenues Top Estimates - www.zacks.com
|2020-05-06 $ 38.15 (-3.64%)|
What's in the Offing for CBRE Group's (CBRE) Q1 Earnings? - www.zacks.com
|2020-04-30 $ 42.93 (-4.43%)|
4 Top REITs Buoying Investors' Optimism Amid Coronavirus Crisis - www.zacks.com
|2020-04-08 $ 45.26 (7.63%)|
|2020-03-13 $ 46.38 (4.15%)|
5 Undervalued-Predictable Stocks - GuruFocus.com
|2020-03-02 $ 58.19 (3.65%)|
|2020-01-30 $ 61.88 (0.7%)|
|2020-01-09 $ 60.56 (0.6%)|
|2019-11-27 $ 57.56 (-0.55%)|
|2019-11-20 $ 55.87 (-0.32%)|
|2019-04-15 $ 51.24 (-1.78%)|
|2019-04-08 $ 50.91 (-0.78%)|
Bill Nygren's Oakmark Select Fund 1st Quarter Shareholder Letter - GuruFocus.com
|2018-12-17 $ 39.46 (-3.85%)|
CBRE Group: Buy the Pullback - GuruFocus.com
|2018-09-18 $ 45.71 (-0.04%)|
Jones Lang LaSalle: Best in Corporate Real Estate - GuruFocus.com