US Bancorp DE Has $12.70 Million Stock Holdings in CBRE Group, Inc. $CBRE

US Bancorp DE raised its stake in CBRE Group, Inc. (NYSE:CBREFree Report) by 4.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,574 shares of the financial services provider’s stock after buying an additional 3,720 shares during the period. US Bancorp DE’s holdings in CBRE Group were worth $12,695,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Obermeyer Wealth Partners grew its position in CBRE Group by 2.8% during the 2nd quarter. Obermeyer Wealth Partners now owns 2,432 shares of the financial services provider’s stock worth $341,000 after acquiring an additional 66 shares during the last quarter. NewSquare Capital LLC raised its position in CBRE Group by 40.7% in the second quarter. NewSquare Capital LLC now owns 235 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 68 shares during the last quarter. Fidelis Capital Partners LLC boosted its stake in shares of CBRE Group by 1.6% during the second quarter. Fidelis Capital Partners LLC now owns 4,292 shares of the financial services provider’s stock valued at $601,000 after purchasing an additional 69 shares in the last quarter. Advisors Capital Management LLC grew its holdings in shares of CBRE Group by 4.0% during the second quarter. Advisors Capital Management LLC now owns 1,882 shares of the financial services provider’s stock worth $264,000 after purchasing an additional 73 shares during the last quarter. Finally, Evergreen Capital Management LLC increased its stake in shares of CBRE Group by 3.6% in the second quarter. Evergreen Capital Management LLC now owns 2,187 shares of the financial services provider’s stock valued at $306,000 after buying an additional 75 shares during the period. 98.41% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CBRE has been the topic of several recent research reports. Keefe, Bruyette & Woods cut their target price on shares of CBRE Group from $192.00 to $170.00 and set an “outperform” rating on the stock in a research report on Friday, February 13th. Barclays lifted their price target on shares of CBRE Group from $190.00 to $192.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Raymond James Financial set a $180.00 price objective on CBRE Group and gave the company an “outperform” rating in a report on Thursday, February 12th. Weiss Ratings downgraded CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 13th. Finally, Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a research note on Saturday. Seven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $182.43.

Read Our Latest Stock Report on CBRE Group

CBRE Group Stock Performance

Shares of CBRE Group stock opened at $147.41 on Friday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.55. The business has a 50-day moving average price of $161.31 and a two-hundred day moving average price of $159.45. CBRE Group, Inc. has a 1-year low of $108.45 and a 1-year high of $174.27. The company has a market cap of $43.51 billion, a P/E ratio of 38.19 and a beta of 1.34.

CBRE Group (NYSE:CBREGet Free Report) last announced its quarterly earnings data on Thursday, February 12th. The financial services provider reported $2.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $0.05. CBRE Group had a return on equity of 21.75% and a net margin of 2.85%.The company had revenue of $11.63 billion for the quarter, compared to the consensus estimate of $11.67 billion. During the same period in the previous year, the business earned $2.32 EPS. The firm’s revenue was up 11.8% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. As a group, analysts anticipate that CBRE Group, Inc. will post 5.99 EPS for the current year.

Insider Activity at CBRE Group

In related news, CFO Emma E. Giamartino sold 9,223 shares of the business’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $148.61, for a total transaction of $1,370,630.03. Following the transaction, the chief financial officer owned 126,501 shares in the company, valued at $18,799,313.61. The trade was a 6.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.42% of the stock is currently owned by company insiders.

CBRE Group Profile

(Free Report)

CBRE Group, Inc is a global commercial real estate services and investment firm that provides a broad range of advisory, transactional and property-related services to occupiers, investors and owners. Its core activities include leasing and sales brokerage, facilities and property management, valuation and advisory, project and development services, and capital markets execution. The firm serves corporate occupiers, institutional investors, private owners and public entities across office, industrial, retail, multifamily and specialized property types.

In addition to traditional brokerage and management services, CBRE offers investment management capabilities and outsourced real estate solutions, combining market research, technology and data analytics to support portfolio strategy, transaction execution and asset operations.

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Institutional Ownership by Quarter for CBRE Group (NYSE:CBRE)

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