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Trexquant Investment LP boosted CBRE Group's stock by significantly increasing their holdings, as CBRE's value surged.
CBRE Group, Inc. saw a significant rise in its stock value and institutional investment during the fourth quarter.
Trexquant Investment LP notably increased its holdings by 466.2%, purchasing an additional 167,948 shares, bringing their total to 203,975 shares.
CBRE's stock price rose by 17.3%, and the company reported earnings per share of $2.32, surpassing analyst expectations by $0.12.
With a market cap of $39.26 billion, CBRE provides commercial real estate services internationally.
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Trexquant Investment LP impulsó las acciones de CBRE Group aumentando significativamente sus participaciones, a medida que el valor de CBRE aumentó.