TD Asset Management Inc Purchases 60,139 Shares of CBRE Group, Inc. $CBRE

TD Asset Management Inc grew its position in CBRE Group, Inc. (NYSE:CBRE) by 13.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 524,208 shares of the financial services provider’s stock after purchasing an additional 60,139 shares during the period. TD Asset Management Inc owned about 0.18% of CBRE Group worth $82,594,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Thrivent Financial for Lutherans boosted its holdings in shares of CBRE Group by 12.6% in the 3rd quarter. Thrivent Financial for Lutherans now owns 631,985 shares of the financial services provider’s stock worth $99,575,000 after buying an additional 70,670 shares during the last quarter. Principal Financial Group Inc. increased its holdings in CBRE Group by 9.4% during the third quarter. Principal Financial Group Inc. now owns 9,468,455 shares of the financial services provider’s stock worth $1,491,855,000 after buying an additional 809,796 shares during the last quarter. Smartleaf Asset Management LLC raised its position in CBRE Group by 43.0% in the third quarter. Smartleaf Asset Management LLC now owns 11,435 shares of the financial services provider’s stock worth $1,818,000 after acquiring an additional 3,438 shares during the period. Donoghue Forlines LLC purchased a new position in CBRE Group in the third quarter valued at about $2,104,000. Finally, Cornerstone Investment Partners LLC grew its position in shares of CBRE Group by 13.7% during the 3rd quarter. Cornerstone Investment Partners LLC now owns 392,759 shares of the financial services provider’s stock valued at $61,883,000 after acquiring an additional 47,460 shares during the period. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently commented on CBRE. Keefe, Bruyette & Woods lowered their price target on shares of CBRE Group from $192.00 to $170.00 and set an “outperform” rating on the stock in a report on Friday, February 13th. Wall Street Zen lowered CBRE Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and upped their price target for the company from $175.00 to $185.00 in a research report on Sunday. Raymond James Financial set a $180.00 price objective on CBRE Group and gave the stock an “outperform” rating in a report on Thursday, February 12th. Finally, Barclays upped their price objective on shares of CBRE Group from $190.00 to $192.00 and gave the company an “overweight” rating in a report on Tuesday, January 13th. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, CBRE Group presently has an average rating of “Moderate Buy” and an average target price of $182.43.

CBRE Group Price Performance

Shares of NYSE CBRE opened at $149.90 on Friday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.09 and a current ratio of 1.09. CBRE Group, Inc. has a fifty-two week low of $108.45 and a fifty-two week high of $174.27. The stock has a market cap of $44.24 billion, a PE ratio of 38.83 and a beta of 1.34. The stock has a fifty day moving average of $161.60 and a 200-day moving average of $159.46.

CBRE Group (NYSE:CBRE) last issued its quarterly earnings data on Thursday, February 12th. The financial services provider reported $2.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.68 by $0.05. The business had revenue of $11.63 billion for the quarter, compared to analysts’ expectations of $11.67 billion. CBRE Group had a return on equity of 21.75% and a net margin of 2.85%.The firm’s quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.32 EPS. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. Equities research analysts anticipate that CBRE Group, Inc. will post 5.99 earnings per share for the current 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.