Short Interest in CBRE Group, Inc. (NYSE:CBRE) Expands By 52.1%

CBRE Group, Inc. (NYSE:CBREGet Free Report) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 4,009,404 shares, a growth of 52.1% from the January 29th total of 2,635,664 shares. Based on an average daily trading volume, of 3,724,720 shares, the days-to-cover ratio is presently 1.1 days. Approximately 1.4% of the shares of the company are short sold. Approximately 1.4% of the shares of the company are short sold. Based on an average daily trading volume, of 3,724,720 shares, the days-to-cover ratio is presently 1.1 days.

CBRE Group Trading Down 1.9%

Shares of CBRE Group stock traded down $2.82 during midday trading on Monday, reaching $144.84. The company had a trading volume of 2,318,405 shares, compared to its average volume of 3,208,151. The stock has a fifty day moving average price of $160.93 and a 200 day moving average price of $159.35. CBRE Group has a fifty-two week low of $108.45 and a fifty-two week high of $174.27. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.09 and a quick ratio of 1.09. The firm has a market cap of $42.75 billion, a PE ratio of 37.52 and a beta of 1.33.

CBRE Group (NYSE:CBREGet Free Report) last released its quarterly earnings data on Thursday, February 12th. The financial services provider reported $2.73 EPS for the quarter, beating the consensus estimate of $2.68 by $0.05. The firm had revenue of $11.63 billion during the quarter, compared to the consensus estimate of $11.67 billion. CBRE Group had a return on equity of 21.75% and a net margin of 2.85%.The company’s quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.32 earnings per share. CBRE Group has set its FY 2026 guidance at 7.300-7.600 EPS. On average, equities analysts anticipate that CBRE Group will post 5.99 earnings per share for the current year.

Insider Buying and Selling

In other news, CFO Emma E. Giamartino sold 9,223 shares of CBRE Group stock in a transaction that occurred on 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 transaction, the chief financial officer owned 126,501 shares of the company’s stock, valued at $18,799,313.61. The trade was a 6.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.42% of the company’s stock.

Institutional Investors Weigh In On CBRE Group

Large investors have recently bought and sold shares of the business. Brighton Jones LLC increased its position in shares of CBRE Group by 322.9% in the fourth quarter. Brighton Jones LLC now owns 14,492 shares of the financial services provider’s stock valued at $1,903,000 after buying an additional 11,065 shares in the last quarter. Woodline Partners LP increased its holdings in CBRE Group by 38.2% during the 1st quarter. Woodline Partners LP now owns 24,972 shares of the financial services provider’s stock worth $3,266,000 after purchasing an additional 6,908 shares during the period. Geneos Wealth Management Inc. lifted its holdings in CBRE Group by 67.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 446 shares of the financial services provider’s stock worth $58,000 after buying an additional 179 shares during the last quarter. World Investment Advisors acquired a new stake in CBRE Group during the 2nd quarter worth $312,000. Finally, Assetmark Inc. boosted its holdings in shares of CBRE Group by 69.9% in the second quarter. Assetmark Inc. now owns 2,497 shares of the financial services provider’s stock valued at $350,000 after acquiring an additional 1,027 shares during the period. Institutional investors own 98.41% of the company’s stock.

Analyst Ratings Changes

CBRE has been the subject of several recent analyst reports. Barclays upped their price objective on shares of CBRE Group from $190.00 to $192.00 and gave the stock an “overweight” rating in a report on Tuesday, January 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. Keefe, Bruyette & Woods decreased their target price on 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 upgraded CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Raymond James Financial set a $180.00 target price on CBRE Group and gave the stock an “outperform” rating in a report on Thursday, February 12th. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, CBRE Group currently has an average rating of “Moderate Buy” and a consensus target price of $182.43.

Check Out Our Latest Research Report on CBRE

About CBRE Group

(Get Free Report)

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.

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