CBRE Group, Inc. $CBRE Shares Purchased by Whittier Trust Co.

Whittier Trust Co. increased its position in shares of CBRE Group, Inc. (NYSE:CBRE) by 628.2% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 316,975 shares of the financial services provider’s stock after buying an additional 273,448 shares during the quarter. Whittier Trust Co.’s holdings in CBRE Group were worth $43,169,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CBRE. Swiss RE Ltd. acquired a new position in shares of CBRE Group in the fourth quarter worth about $25,000. Navalign LLC acquired a new stake in shares of CBRE Group during the 4th quarter valued at about $29,000. Ascentis Independent Advisors acquired a new stake in shares of CBRE Group during the 1st quarter valued at about $30,000. Ameriflex Group Inc. purchased a new position in shares of CBRE Group in the 3rd quarter valued at about $32,000. Finally, Sound Income Strategies LLC increased its stake in shares of CBRE Group by 5,180.0% in the 1st quarter. Sound Income Strategies LLC now owns 264 shares of the financial services provider’s stock valued at $36,000 after purchasing an additional 259 shares in the last quarter. Hedge funds and other institutional investors own 98.41% of the company’s stock.

CBRE Group Stock Down 0.1%

NYSE CBRE opened at $141.38 on Monday. The business has a fifty day moving average price of $135.54 and a 200 day moving average price of $146.30. 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 company has a market cap of $41.40 billion, a P/E ratio of 32.20 and a beta of 1.20. CBRE Group, Inc. has a one year low of $121.69 and a one year high of $174.27.

CBRE Group (NYSE:CBRE) last announced its earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.48. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. The company had revenue of $10.53 billion for the quarter, compared to analysts’ expectations of $10.22 billion. During the same quarter in the previous year, the company posted $0.86 EPS. The firm’s quarterly 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. Research analysts anticipate that CBRE Group, Inc. will post 7.65 EPS for the current fiscal year.

Insider Buying and Selling at CBRE Group

In other news, CFO Emma E. Giamartino sold 2,250 shares of the firm’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $130.74, for a total value of $294,165.00. Following the transaction, the chief financial officer directly owned 110,729 shares of the company’s stock, valued at approximately $14,476,709.46. This trade represents a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.46% of the company’s stock.

Analyst Upgrades and Downgrades

CBRE has been the topic of a number of recent analyst reports. Wall Street Zen downgraded CBRE Group from a “buy” rating to a “hold” rating in a research report on Saturday. Keefe, Bruyette & Woods boosted their price objective on CBRE Group from $170.00 to $175.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Weiss Ratings lowered CBRE Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. UBS Group reissued a “buy” rating on shares of CBRE Group in a research note on Wednesday, June 17th. Finally, Evercore set a $169.00 price target on shares of CBRE Group in a report on Tuesday, June 30th. Eight investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $178.86.

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.