SEB Asset Management AB Makes New Investment in CBRE Group, Inc. $CBRE

SEB Asset Management AB bought a new stake in shares of CBRE Group, Inc. (NYSE:CBRE) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 296,331 shares of the financial services provider’s stock, valued at approximately $40,141,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Swiss RE Ltd. purchased a new stake in shares of CBRE Group during the fourth quarter worth $25,000. Navalign LLC acquired a new stake in CBRE Group during the fourth quarter valued at $29,000. Ascentis Independent Advisors purchased a new position in CBRE Group in the first quarter valued at about $30,000. Sound Income Strategies LLC grew its stake in CBRE Group by 5,180.0% in the first quarter. Sound Income Strategies LLC now owns 264 shares of the financial services provider’s stock valued at $36,000 after purchasing an additional 259 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in CBRE Group in the 4th quarter worth about $42,000. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on CBRE shares. Barclays raised their price target on CBRE Group from $175.00 to $178.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 5th. Evercore set a $169.00 price target on CBRE Group in a research note on Tuesday, June 30th. Weiss Ratings downgraded CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Jefferies Financial Group reaffirmed a “buy” rating on shares of CBRE Group in a research report on Friday, May 15th. Finally, Wall Street Zen cut shares of CBRE Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Eight investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $178.86.

CBRE Group Trading Down 0.0%

CBRE Group stock opened at $140.89 on Monday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 1.08. The company has a market capitalization of $41.26 billion, a price-to-earnings ratio of 32.09 and a beta of 1.20. CBRE Group, Inc. has a one year low of $121.69 and a one year high of $174.27. The company’s fifty day moving average price is $134.43 and its two-hundred day moving average price is $144.69.

CBRE Group (NYSE:CBRE) last posted its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.13 by $0.48. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The company had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same period last year, the company earned $0.86 earnings per share. The business’s revenue was up 18.1% compared to the same quarter last year. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, analysts forecast that CBRE Group, Inc. will post 7.75 earnings per share for the current fiscal year.

Insider Activity at CBRE Group

In related news, CFO Emma E. Giamartino sold 2,250 shares of the firm’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 of the company’s stock, valued at approximately $14,476,709.46. This trade represents a 1.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate 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.