Swiss Life Asset Management Ltd boosted its holdings in shares of CBRE Group, Inc. (NYSE:CBRE – Free Report) by 5.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 100,976 shares of the financial services provider’s stock after acquiring an additional 4,841 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in CBRE Group were worth $16,236,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of CBRE. ORG Partners LLC boosted its holdings in CBRE Group by 264.4% during the 3rd quarter. ORG Partners LLC now owns 164 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 119 shares during the period. Ameriflex Group Inc. purchased a new position in CBRE Group during the 3rd quarter valued at $32,000. Bank of Jackson Hole Trust purchased a new position in CBRE Group during the 3rd quarter valued at $38,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in CBRE Group during the 4th quarter valued at $42,000. Finally, SBI Securities Co. Ltd. raised its position in CBRE Group by 37.6% during the 4th quarter. SBI Securities Co. Ltd. now owns 267 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 73 shares in the last quarter. Hedge funds and other institutional investors own 98.41% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have weighed in on CBRE shares. Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and lifted their target price for the company from $175.00 to $185.00 in a research report on Sunday, February 22nd. Raymond James Financial set a $180.00 target price on CBRE Group and gave the company an “outperform” rating in a research report on Thursday, February 12th. Weiss Ratings raised CBRE Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Finally, Barclays lifted their target price on CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Eight investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $180.29.
Insider Activity
In other CBRE Group news, insider Chad J. Doellinger sold 471 shares of the business’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total transaction of $62,883.21. Following the sale, the insider owned 42,519 shares in the company, valued at approximately $5,676,711.69. The trade was a 1.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Emma E. Giamartino sold 9,223 shares of the business’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $148.61, for a total value of $1,370,630.03. Following the sale, the chief financial officer owned 126,501 shares in the company, valued at approximately $18,799,313.61. The trade was a 6.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 9,917 shares of company stock worth $1,463,618. Company insiders own 0.46% of the company’s stock.
CBRE Group Trading Down 0.1%
Shares of NYSE:CBRE opened at $146.12 on Tuesday. The business’s 50-day moving average is $140.79 and its 200 day moving average is $152.90. CBRE Group, Inc. has a 1 year low of $118.81 and a 1 year high of $174.27. The firm has a market capitalization of $42.79 billion, a P/E ratio of 33.28 and a beta of 1.28. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 1.08.
CBRE Group (NYSE:CBRE – Get Free Report) last announced its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.48. The company had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.22 billion. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The firm’s quarterly revenue was up 18.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.86 EPS. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, research analysts predict that CBRE Group, Inc. will post 7.72 earnings per share for the current fiscal year.
CBRE Group Profile
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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