Sequoia Financial Advisors LLC Buys 3,762 Shares of CBRE Group, Inc. $CBRE

Sequoia Financial Advisors LLC raised its stake in shares of CBRE Group, Inc. (NYSE:CBRE) by 27.8% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 17,314 shares of the financial services provider’s stock after purchasing an additional 3,762 shares during the period. Sequoia Financial Advisors LLC’s holdings in CBRE Group were worth $2,784,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Gateway Investment Advisers LLC bought a new stake in CBRE Group during the fourth quarter valued at about $979,000. Stevens Capital Management LP grew its holdings in CBRE Group by 2.9% during the fourth quarter. Stevens Capital Management LP now owns 4,329 shares of the financial services provider’s stock valued at $696,000 after purchasing an additional 122 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in CBRE Group by 7.2% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 626,354 shares of the financial services provider’s stock valued at $100,336,000 after purchasing an additional 42,019 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in CBRE Group by 1.1% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 39,115 shares of the financial services provider’s stock valued at $6,289,000 after purchasing an additional 442 shares during the period. Finally, SBI Securities Co. Ltd. grew its holdings in CBRE Group by 37.6% during the fourth quarter. SBI Securities Co. Ltd. now owns 267 shares of the financial services provider’s stock valued at $43,000 after purchasing an additional 73 shares during the period. Institutional investors own 98.41% of the company’s stock.

Insider Buying and Selling

In related news, insider Chad J. Doellinger sold 471 shares of the stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $133.51, for a total transaction of $62,883.21. Following the completion of the transaction, the insider directly owned 42,519 shares of the company’s stock, valued at approximately $5,676,711.69. This represents a 1.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Emma E. Giamartino sold 9,223 shares of the 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 directly owned 126,501 shares of the company’s stock, valued at approximately $18,799,313.61. The trade was a 6.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 9,917 shares of company stock valued at $1,463,618. 0.46% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on CBRE. UBS Group raised CBRE Group from a “neutral” rating to a “buy” rating and boosted their price target for the company from $175.00 to $185.00 in a report on Sunday, February 22nd. Keefe, Bruyette & Woods upped their price objective on CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Raymond James Financial set a $180.00 price objective on CBRE Group and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Finally, Weiss Ratings raised CBRE Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, April 24th. Eight investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, CBRE Group presently has an average rating of “Buy” and an average price target of $180.29.

CBRE Group Stock Performance

NYSE CBRE opened at $146.32 on Monday. The firm has a market cap of $42.84 billion, a price-to-earnings ratio of 33.33 and a beta of 1.28. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.57. The business has a 50-day moving average price of $140.88 and a 200-day moving average price of $153.10. CBRE Group, Inc. has a twelve month low of $118.81 and a twelve month high of $174.27.

CBRE Group (NYSE:CBRE) last released its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share for the quarter, topping analysts’ consensus estimates of $1.13 by $0.48. CBRE Group had a return on equity of 24.08% and a net margin of 3.11%.The firm had revenue of $10.53 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same quarter in the prior year, the company posted $0.86 earnings per share. The business’s quarterly 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. As a group, equities research analysts predict that CBRE Group, Inc. will post 7.72 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.