CBRE Group, Inc. $CBRE Shares Bought by Krilogy Financial LLC

Krilogy Financial LLC boosted its position in shares of CBRE Group, Inc. (NYSE:CBRE) by 211.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,972 shares of the financial services provider’s stock after buying an additional 4,057 shares during the period. Krilogy Financial LLC’s holdings in CBRE Group were worth $883,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Norges Bank acquired a new stake in shares of CBRE Group in the fourth quarter worth approximately $643,405,000. Viking Global Investors LP acquired a new position in CBRE Group in the 3rd quarter valued at $190,648,000. Northwestern Mutual Wealth Management Co. lifted its holdings in CBRE Group by 5,115.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,017,355 shares of the financial services provider’s stock valued at $163,581,000 after purchasing an additional 997,848 shares in the last quarter. XN LP purchased a new position in CBRE Group in the 4th quarter valued at $147,134,000. Finally, Invesco Ltd. boosted its stake in CBRE Group by 16.1% during the 3rd quarter. Invesco Ltd. now owns 6,231,244 shares of the financial services provider’s stock worth $981,795,000 after purchasing an additional 862,656 shares during the last quarter. Institutional investors and hedge funds own 98.41% of the company’s stock.

Wall Street Analysts Forecast Growth

CBRE has been the subject of a number of research reports. Keefe, Bruyette & Woods upped their target price on shares of CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Weiss Ratings lowered shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Jefferies Financial Group reaffirmed a “buy” rating on shares of CBRE Group in a research note on Friday, May 15th. Evercore reiterated an “outperform” rating and issued a $179.00 price objective on shares of CBRE Group in a report on Friday, April 24th. Finally, UBS Group reissued a “buy” rating on shares of CBRE Group in a research note on Wednesday, June 17th. Eight analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $180.29.

CBRE Group Trading Up 2.1%

Shares of CBRE stock opened at $137.38 on Friday. The company’s 50-day moving average price is $136.80 and its 200-day moving average price is $147.06. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.57. The stock has a market cap of $40.23 billion, a price-to-earnings ratio of 31.29 and a beta of 1.21. CBRE Group, Inc. has a twelve month low of $121.69 and a twelve month high of $174.27.

CBRE Group (NYSE:CBRE) last released its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.48. The firm had revenue of $10.53 billion during the quarter, compared to analysts’ expectations of $10.22 billion. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. CBRE Group’s revenue was up 18.1% compared to the same quarter last year. During the same period last year, the business earned $0.86 earnings per share. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, equities analysts predict that CBRE Group, Inc. will post 7.65 earnings per share for the current year.

Insider Activity at CBRE Group

In related news, CFO Emma E. Giamartino sold 2,250 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $130.74, for a total value of $294,165.00. Following the transaction, the chief financial officer directly owned 110,729 shares in the company, valued at approximately $14,476,709.46. This represents a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.46% of the company’s stock.

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.