CBRE Group (NYSE:CBRE) Insider Chad Doellinger Sells 116 Shares of Stock

CBRE Group, Inc. (NYSE:CBREGet Free Report) insider Chad Doellinger sold 116 shares of the stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $130.06, for a total transaction of $15,086.96. Following the sale, the insider owned 42,403 shares in the company, valued at approximately $5,514,934.18. This trade represents a 0.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

CBRE Group Stock Up 2.1%

CBRE stock traded up $2.83 during midday trading on Friday, hitting $134.67. The company’s stock had a trading volume of 1,181,755 shares, compared to its average volume of 2,299,863. CBRE Group, Inc. has a 52-week low of $108.45 and a 52-week high of $174.27. The firm has a 50-day simple moving average of $156.74 and a 200-day simple moving average of $158.09. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $39.75 billion, a P/E ratio of 34.90 and a beta of 1.33.

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 the consensus estimate of $2.68 by $0.05. CBRE Group had a return on equity of 21.75% and a net margin of 2.85%.The business had revenue of $11.63 billion during the quarter, compared to analysts’ expectations of $11.67 billion. During the same quarter last year, the business posted $2.32 EPS. The business’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 forecast that CBRE Group, Inc. will post 5.99 EPS for the current year.

Analyst Ratings Changes

CBRE has been the subject of several recent analyst reports. Keefe, Bruyette & Woods decreased their price objective on shares of CBRE Group from $192.00 to $170.00 and set an “outperform” rating for the company in a research report on Friday, February 13th. Weiss Ratings lowered CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 13th. UBS Group upgraded shares of CBRE Group from a “neutral” rating to a “buy” rating and lifted their price target 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 CBRE Group and gave the stock an “outperform” rating in a research report on Thursday, February 12th. Finally, Wall Street Zen upgraded shares of CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $179.86.

Get Our Latest Analysis on CBRE Group

Institutional Investors Weigh In On CBRE Group

Institutional investors have recently added to or reduced their stakes in the business. World Investment Advisors raised its stake in shares of CBRE Group by 15.8% during the 4th quarter. World Investment Advisors now owns 2,690 shares of the financial services provider’s stock worth $433,000 after buying an additional 367 shares in the last quarter. Larry Mathis Financial Planning LLC purchased a new position in CBRE Group in the fourth quarter worth $464,000. Union Savings Bank purchased a new position in CBRE Group in the fourth quarter worth $173,000. Hsbc Holdings PLC boosted its position in shares of CBRE Group by 0.5% during the 4th quarter. Hsbc Holdings PLC now owns 698,657 shares of the financial services provider’s stock worth $112,483,000 after purchasing an additional 3,721 shares in the last quarter. Finally, Rehmann Capital Advisory Group grew its stake in shares of CBRE Group by 2.0% during the 4th quarter. Rehmann Capital Advisory Group now owns 7,076 shares of the financial services provider’s stock worth $1,140,000 after purchasing an additional 136 shares during the period. Hedge funds and other institutional investors own 98.41% of the company’s stock.

CBRE Group Company Profile

(Get 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.

Further Reading

Insider Buying and Selling by Quarter for CBRE Group (NYSE:CBRE)

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