Securian Asset Management Inc. Sells 6,140 Shares of CBRE Group, Inc. $CBRE

Securian Asset Management Inc. reduced its position in shares of CBRE Group, Inc. (NYSE:CBRE) by 43.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,970 shares of the financial services provider’s stock after selling 6,140 shares during the period. Securian Asset Management Inc.’s holdings in CBRE Group were worth $1,281,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of CBRE. Parallel Advisors LLC lifted its position in shares of CBRE Group by 1.9% during the 3rd quarter. Parallel Advisors LLC now owns 3,773 shares of the financial services provider’s stock worth $594,000 after buying an additional 71 shares during the last quarter. NewEdge Advisors LLC grew its position in CBRE Group by 1.7% in the third quarter. NewEdge Advisors LLC now owns 4,367 shares of the financial services provider’s stock valued at $688,000 after acquiring an additional 71 shares during the last quarter. SBI Securities Co. Ltd. grew its position in CBRE Group by 37.6% in the fourth quarter. SBI Securities Co. Ltd. now owns 267 shares of the financial services provider’s stock valued at $43,000 after acquiring an additional 73 shares during the last quarter. Evergreen Capital Management LLC raised its stake in CBRE Group by 3.6% during the second quarter. Evergreen Capital Management LLC now owns 2,187 shares of the financial services provider’s stock worth $306,000 after acquiring an additional 75 shares in the last quarter. Finally, Larson Financial Group LLC raised its stake in CBRE Group by 11.0% during the third quarter. Larson Financial Group LLC now owns 778 shares of the financial services provider’s stock worth $123,000 after acquiring an additional 77 shares in the last quarter. Institutional investors and hedge funds own 98.41% of the company’s stock.

Insider Transactions at CBRE Group

In related news, insider Chad J. Doellinger sold 471 shares of the company’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 $5,676,711.69. This represents a 1.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Emma E. Giamartino sold 9,223 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $148.61, for a total value of $1,370,630.03. Following the sale, the chief financial officer directly owned 126,501 shares of the company’s stock, valued at $18,799,313.61. This represents a 6.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 9,917 shares of company stock worth $1,463,618 over the last three months. 0.46% of the stock is owned by company insiders.

CBRE Group Stock Performance

NYSE:CBRE opened at $144.04 on Wednesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.08 and a current ratio of 1.08. CBRE Group, Inc. has a fifty-two week low of $118.81 and a fifty-two week high of $174.27. The company has a 50 day simple moving average of $140.72 and a two-hundred day simple moving average of $152.75. The company has a market capitalization of $42.18 billion, a PE ratio of 32.81 and a beta of 1.28.

CBRE Group (NYSE:CBRE) last issued its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.13 by $0.48. The firm had revenue of $10.53 billion for the quarter, compared to the consensus estimate of $10.22 billion. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. The company’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.86 EPS. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. Research analysts anticipate that CBRE Group, Inc. will post 7.72 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on CBRE shares. Weiss Ratings upgraded shares of CBRE Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, April 24th. UBS Group raised shares of CBRE Group from a “neutral” rating to a “buy” rating and increased their price objective for the company from $175.00 to $185.00 in a research note on Sunday, February 22nd. Evercore reaffirmed an “outperform” rating and set a $179.00 target price on shares of CBRE Group in a research note on Friday, April 24th. Wall Street Zen upgraded shares of CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Finally, Keefe, Bruyette & Woods raised their price objective on CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Eight research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $180.29.

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.