CBRE Group, Inc. $CBRE Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC decreased its position in CBRE Group, Inc. (NYSE:CBRE) by 5.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 68,295 shares of the financial services provider’s stock after selling 3,685 shares during the period. Segall Bryant & Hamill LLC’s holdings in CBRE Group were worth $10,761,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of CBRE Group in the second quarter worth about $544,554,000. Principal Financial Group Inc. boosted its position in CBRE Group by 9.4% in the third quarter. Principal Financial Group Inc. now owns 9,468,455 shares of the financial services provider’s stock valued at $1,491,855,000 after buying an additional 809,796 shares during the last quarter. Qube Research & Technologies Ltd increased its holdings in CBRE Group by 210.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,083,413 shares of the financial services provider’s stock worth $151,808,000 after buying an additional 734,563 shares during the period. AGF Management Ltd. raised its position in CBRE Group by 6,364.1% during the 3rd quarter. AGF Management Ltd. now owns 737,947 shares of the financial services provider’s stock worth $116,271,000 after buying an additional 726,531 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its stake in CBRE Group by 13.5% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,472,013 shares of the financial services provider’s stock valued at $704,610,000 after acquiring an additional 532,151 shares during the period. Hedge funds and other institutional investors own 98.41% of the company’s stock.

CBRE Group Price Performance

NYSE:CBRE opened at $141.90 on Thursday. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.55. CBRE Group, Inc. has a 52 week low of $108.45 and a 52 week high of $174.27. The stock’s 50-day moving average price is $160.05 and its 200-day moving average price is $159.11. The stock has a market capitalization of $41.88 billion, a PE ratio of 36.76 and a beta of 1.33.

CBRE Group (NYSE:CBRE) last released its quarterly earnings results on Thursday, February 12th. The financial services provider reported $2.73 earnings per share for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $11.67 billion. During the same quarter in the prior year, the firm posted $2.32 EPS. CBRE Group’s quarterly 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, equities analysts expect that CBRE Group, Inc. will post 5.99 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CBRE has been the topic of a number of research reports. UBS Group upgraded shares of CBRE Group from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $175.00 to $185.00 in a research note on Sunday, February 22nd. Raymond James Financial set a $180.00 price target on shares of CBRE Group and gave the company an “outperform” rating in a report on Thursday, February 12th. Barclays increased their price target on CBRE Group from $190.00 to $192.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 13th. Weiss Ratings lowered CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 13th. Finally, Wall Street Zen upgraded CBRE Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $182.43.

Insider Activity

In other news, CFO Emma E. Giamartino sold 9,223 shares of the stock in a transaction that occurred on Thursday, February 26th. The stock was 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. This trade represents a 6.80% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.42% of the stock is owned by company insiders.

About CBRE Group

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.