CBRE Group, Inc. $CBRE Shares Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of CBRE Group, Inc. (NYSE:CBRE) by 3.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 584,335 shares of the financial services provider’s stock after purchasing an additional 18,853 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in CBRE Group were worth $92,068,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in CBRE. ORG Partners LLC increased its stake in shares of CBRE Group by 264.4% in the third quarter. ORG Partners LLC now owns 164 shares of the financial services provider’s stock worth $26,000 after buying an additional 119 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in CBRE Group during the 2nd quarter valued at $30,000. Evelyn Partners Asset Management Ltd acquired a new position in CBRE Group during the 2nd quarter worth $32,000. NewSquare Capital LLC increased its position in shares of CBRE Group by 40.7% in the 2nd quarter. NewSquare Capital LLC now owns 235 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 68 shares during the last quarter. Finally, Bank of Jackson Hole Trust bought a new stake in shares of CBRE Group in the 3rd quarter worth about $38,000. 98.41% of the stock is currently owned by hedge funds and other institutional investors.

CBRE Group Trading Down 1.7%

Shares of NYSE CBRE opened at $147.41 on Friday. CBRE Group, Inc. has a 12-month low of $108.45 and a 12-month high of $174.27. The company has a market cap of $43.51 billion, a price-to-earnings ratio of 38.19 and a beta of 1.34. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.55. The stock’s 50 day simple moving average is $161.31 and its 200 day simple moving average is $159.42.

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

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Weiss Ratings downgraded CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 13th. UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and increased their target price for the stock from $175.00 to $185.00 in a report on Sunday, February 22nd. Barclays boosted their price target on CBRE Group from $190.00 to $192.00 and gave the company an “overweight” rating in a report on Tuesday, January 13th. Keefe, Bruyette & Woods reduced their price objective on CBRE Group from $192.00 to $170.00 and set an “outperform” rating on the stock in a research note on Friday, February 13th. Finally, Wall Street Zen upgraded shares of CBRE Group from a “hold” rating to a “buy” rating in a research note on Saturday. Seven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $182.43.

Insider Buying and Selling at CBRE Group

In related news, CFO Emma E. Giamartino sold 9,223 shares of CBRE Group stock in a transaction dated Thursday, February 26th. The shares were 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 in the company, valued at $18,799,313.61. This trade represents a 6.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.42% of the stock is currently owned by company insiders.

CBRE Group Company Profile

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.