CBRE Group Inc (CBG): Today's Featured Financial Laggard

CBRE Group ( CBG) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day down 0.2%. By the end of trading, CBRE Group fell 66 cents (-4.1%) to $15.58 on heavy volume. Throughout the day, 5.3 million shares of CBRE Group exchanged hands as compared to its average daily volume of 2.9 million shares. The stock ranged in price between $15.36-$16.38 after having opened the day at $16.20 as compared to the previous trading day's close of $16.24. Other company's within the Financial sector that declined today were: Ohio Legacy Corporation ( OLCB), down 15%, Tower Group ( TWGP), down 14.1%, SYSWIN ( SYSW), down 13.3%, and LPL Financial Holdings ( LPLA), down 12.6%.

CBRE Group, Inc. operates as a commercial real estate services company worldwide. CBRE Group has a market cap of $5.36 billion and is part of the real estate industry. The company has a P/E ratio of 23.7, above the average real estate industry P/E ratio of 22.7 and above the S&P 500 P/E ratio of 17.7. Shares are up 7.3% year to date as of the close of trading on Monday. Currently there are five analysts that rate CBRE Group a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates CBRE Group as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and weak operating cash flow.

On the positive front, Mackinac Financial Corporation ( MFNC), up 11.4%, Broadway Financial ( BYFC), up 11%, Valley Financial ( VYFC), up 10.5%, and First United ( FUNC), up 9.5%, were all gainers within the financial sector with Kimco Realty ( KIM) being today's featured financial sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).
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