Raiffeisen Bank International AG increased its stake in CBRE Group, Inc. (NYSE:CBRE – Free Report) by 9.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 69,452 shares of the financial services provider’s stock after acquiring an additional 5,851 shares during the period. Raiffeisen Bank International AG’s holdings in CBRE Group were worth $11,342,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of the business. Marsico Capital Management LLC increased its holdings in CBRE Group by 86.3% in the fourth quarter. Marsico Capital Management LLC now owns 193,503 shares of the financial services provider’s stock valued at $31,113,000 after buying an additional 89,653 shares during the last quarter. Principal Securities Inc. increased its holdings in CBRE Group by 15.8% in the fourth quarter. Principal Securities Inc. now owns 14,884 shares of the financial services provider’s stock valued at $2,393,000 after buying an additional 2,033 shares during the last quarter. Great Lakes Advisors LLC increased its holdings in CBRE Group by 7.0% in the fourth quarter. Great Lakes Advisors LLC now owns 1,564 shares of the financial services provider’s stock valued at $251,000 after buying an additional 102 shares during the last quarter. Aviva PLC increased its holdings in CBRE Group by 5.9% in the fourth quarter. Aviva PLC now owns 296,171 shares of the financial services provider’s stock valued at $47,621,000 after buying an additional 16,389 shares during the last quarter. Finally, Sustainable Insight Capital Management LLC purchased a new position in CBRE Group in the fourth quarter valued at $547,000. Hedge funds and other institutional investors own 98.41% of the company’s stock.
Insider Activity
In other news, CFO Emma E. Giamartino sold 2,250 shares of the business’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $130.74, for a total transaction of $294,165.00. Following the completion of the sale, the chief financial officer directly owned 110,729 shares of the company’s stock, valued at $14,476,709.46. The trade was a 1.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.46% of the stock is owned by corporate insiders.
CBRE Group Price Performance
CBRE Group (NYSE:CBRE – Get Free Report) last issued 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 net margin of 3.11% and a return on equity of 24.08%. The business had revenue of $10.53 billion during the quarter, compared to analysts’ expectations of $10.22 billion. During the same period last year, the company posted $0.86 EPS. The company’s revenue was up 18.1% on a year-over-year basis. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. As a group, equities analysts expect that CBRE Group, Inc. will post 7.65 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several research firms recently commented on CBRE. Evercore reissued an “outperform” rating and issued a $179.00 target price on shares of CBRE Group in a report on Friday, April 24th. Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a report on Friday, May 15th. Wall Street Zen raised CBRE Group from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Weiss Ratings lowered CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Finally, 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. Eight investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $180.29.
View Our Latest Research Report on CBRE
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.
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