KBC Group NV Raises Holdings in CBRE Group, Inc. $CBRE

KBC Group NV grew its holdings in CBRE Group, Inc. (NYSE:CBRE) by 2.8% in the 1st quarter, Holdings Channel reports. The institutional investor owned 294,515 shares of the financial services provider’s stock after buying an additional 8,050 shares during the quarter. KBC Group NV’s holdings in CBRE Group were worth $39,895,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Fidelis Capital Partners LLC grew its holdings in CBRE Group by 1.4% during the fourth quarter. Fidelis Capital Partners LLC now owns 4,408 shares of the financial services provider’s stock worth $709,000 after acquiring an additional 59 shares during the period. Community Bank & Trust Waco Texas lifted its holdings in CBRE Group by 0.5% in the fourth quarter. Community Bank & Trust Waco Texas now owns 14,693 shares of the financial services provider’s stock valued at $2,362,000 after acquiring an additional 70 shares during the period. Centersquare Investment Management LLC lifted its holdings in CBRE Group by 0.7% in the fourth quarter. Centersquare Investment Management LLC now owns 10,470 shares of the financial services provider’s stock valued at $1,683,000 after acquiring an additional 70 shares during the period. Catalyst Capital Advisors LLC boosted its position in shares of CBRE Group by 16.4% during the 4th quarter. Catalyst Capital Advisors LLC now owns 505 shares of the financial services provider’s stock worth $81,000 after purchasing an additional 71 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its position in shares of CBRE Group by 1.7% during the 3rd quarter. NewEdge Advisors LLC now owns 4,367 shares of the financial services provider’s stock worth $688,000 after purchasing an additional 71 shares in the last quarter. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

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

Analysts Set New Price Targets

CBRE has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods increased their price target on shares of CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a report on Friday, May 15th. UBS Group restated a “buy” rating on shares of CBRE Group in a research report on Wednesday, June 17th. Wall Street Zen lowered shares of CBRE Group from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Finally, Evercore set a $169.00 target price on shares of CBRE Group in a report on Tuesday, June 30th. Eight research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $178.86.

CBRE Group Stock Down 1.6%

CBRE opened at $138.71 on Tuesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.08 and a current ratio of 1.08. The company has a market cap of $40.62 billion, a price-to-earnings ratio of 31.60 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 business’s fifty day moving average is $134.28 and its two-hundred day moving average is $144.52.

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

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.