Eurizon Capital SGR S.p.A. Buys Shares of 443,536 CBRE Group, Inc. $CBRE

Eurizon Capital SGR S.p.A. acquired a new position in CBRE Group, Inc. (NYSE:CBRE) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 443,536 shares of the financial services provider’s stock, valued at approximately $71,419,000.

Several other hedge funds also recently made changes to their positions in the business. Fidelis Capital Partners LLC grew its stake in shares of CBRE Group by 1.4% in the 4th quarter. Fidelis Capital Partners LLC now owns 4,408 shares of the financial services provider’s stock worth $709,000 after purchasing an additional 59 shares during the last quarter. Community Bank & Trust Waco Texas grew its stake in shares of CBRE Group by 0.5% in the 4th quarter. Community Bank & Trust Waco Texas now owns 14,693 shares of the financial services provider’s stock worth $2,362,000 after purchasing an additional 70 shares during the last quarter. Parallel Advisors LLC grew its stake in shares of CBRE Group by 1.9% in the 3rd quarter. Parallel Advisors LLC now owns 3,773 shares of the financial services provider’s stock worth $594,000 after purchasing an additional 71 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of CBRE Group by 1.7% in 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 during the last quarter. Finally, SBI Securities Co. Ltd. grew its stake in shares of CBRE Group by 37.6% in the 4th quarter. SBI Securities Co. Ltd. now owns 267 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 73 shares during the last quarter. Institutional investors and hedge funds own 98.41% of the company’s stock.

CBRE Group Stock Performance

CBRE stock opened at $125.03 on Friday. 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 stock has a market cap of $36.61 billion, a P/E ratio of 28.48 and a beta of 1.28. The firm has a 50 day simple moving average of $139.03 and a 200 day simple moving average of $150.54. CBRE Group, Inc. has a 52 week low of $121.83 and a 52 week high of $174.27.

CBRE Group (NYSE:CBRE) last posted its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 EPS for the quarter, topping the consensus estimate 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 net margin of 3.11% and a return on equity of 24.08%. The firm’s quarterly revenue was up 18.1% compared to the same quarter last year. During the same period last year, the company posted $0.86 earnings per share. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. Research analysts anticipate that CBRE Group, Inc. will post 7.72 earnings per share for the current fiscal year.

Analysts Set New Price Targets

CBRE has been the topic of several recent research reports. Evercore reaffirmed an “outperform” rating and issued a $179.00 price objective on shares of CBRE Group in a research note on Friday, April 24th. Wall Street Zen raised shares of CBRE Group from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Raymond James Financial set a $180.00 target price on shares of CBRE Group and gave the stock an “outperform” rating in a research report on Thursday, February 12th. UBS Group raised shares of CBRE Group from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $175.00 to $185.00 in a research report on Sunday, February 22nd. Finally, Weiss Ratings downgraded shares of CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday. Eight research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $180.29.

Insider Activity at CBRE Group

In related news, insider Chad J. Doellinger sold 471 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $133.51, for a total transaction of $62,883.21. Following the completion of the sale, the insider directly owned 42,519 shares in the company, valued at approximately $5,676,711.69. This trade represents a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Emma E. Giamartino sold 2,250 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $130.74, for a total transaction of $294,165.00. Following the sale, the chief financial officer owned 110,729 shares of the company’s stock, valued at approximately $14,476,709.46. This represents a 1.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 2,944 shares of company stock valued at $387,153. 0.46% of the stock is currently owned by corporate insiders.

CBRE Group 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.