Atlas Wealth LLC Purchases Shares of 9,057 CBRE Group, Inc. $CBRE

Atlas Wealth LLC acquired a new stake in shares of CBRE Group, Inc. (NYSE:CBRE) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 9,057 shares of the financial services provider’s stock, valued at approximately $1,227,000.

Several other large investors have also recently made changes to their positions in the company. Fidelis Capital Partners LLC increased its stake in 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 acquiring an additional 59 shares during the last quarter. Community Bank & Trust Waco Texas lifted its holdings 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 valued at $2,362,000 after acquiring an additional 70 shares during the last quarter. Centersquare Investment Management LLC grew its position in CBRE Group by 0.7% in the fourth quarter. Centersquare Investment Management LLC now owns 10,470 shares of the financial services provider’s stock worth $1,683,000 after acquiring an additional 70 shares in the last quarter. Catalyst Capital Advisors LLC increased its stake in CBRE Group by 16.4% during the fourth quarter. Catalyst Capital Advisors LLC now owns 505 shares of the financial services provider’s stock worth $81,000 after acquiring an additional 71 shares during the last quarter. Finally, NewEdge Advisors LLC increased its stake in CBRE Group by 1.7% during the third quarter. NewEdge Advisors LLC now owns 4,367 shares of the financial services provider’s stock worth $688,000 after acquiring an additional 71 shares during the last quarter. 98.41% of the stock is owned by institutional investors.

Insider Activity at CBRE Group

In other news, CFO Emma E. Giamartino sold 2,250 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief financial officer directly owned 110,729 shares in the company, valued at approximately $14,476,709.46. This trade represents a 1.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on CBRE. Evercore set a $169.00 target price on CBRE Group in a report on Tuesday, June 30th. Barclays increased their target price on shares of CBRE Group from $175.00 to $178.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. Jefferies Financial Group reissued a “buy” rating on shares of CBRE Group in a research note on Friday, May 15th. Keefe, Bruyette & Woods raised their target price on shares of CBRE Group from $170.00 to $175.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Finally, UBS Group reiterated a “buy” rating on shares of CBRE Group in a report on Wednesday, June 17th. Eight analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $178.86.

CBRE Group Trading Down 1.9%

Shares of CBRE stock opened at $140.89 on Friday. CBRE Group, Inc. has a 1-year low of $121.69 and a 1-year high of $174.27. The firm has a market cap of $41.26 billion, a PE ratio of 32.09 and a beta of 1.20. The company has a 50-day moving average of $134.43 and a two-hundred day moving average of $144.83. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 1.08.

CBRE Group (NYSE:CBRE) last issued its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.13 by $0.48. The company had revenue of $10.53 billion for the quarter, compared to analyst estimates of $10.22 billion. CBRE Group had a net margin of 3.11% and a return on equity of 24.08%. The business’s revenue for the quarter was up 18.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.86 earnings per share. CBRE Group has set its FY 2026 guidance at 7.600-7.800 EPS. On average, analysts predict that CBRE Group, Inc. will post 7.75 EPS for the current 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.